Murabahah Sale Contract definition

Murabahah Sale Contract means the sale contract entered into between the Bank and the Customer in the form as set out in the First Schedule of Part B whereby pursuant to the Purchase Requisition annexed to the Letter of Offer which is attached in Part D of this Agreement, executed by the Customer, the Bank sells the Commodities to the Customer at the Selling Price based on the Murabahah contract, as agreed by the Bank and the Customer, which shall be payable on deferred payment basis and subject to the terms and conditions herein and therein contained;
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Murabahah Sale Contract means the document in relation to the purchase and sale of the Commodities by MBSB Bank to the Customer.
Sample 1

Examples of Murabahah Sale Contract in a sentence

  • The Customer hereby irrevocably and unconditionally appoints MDV to be its selling agent to sell the Commodity after the conclusion of the Murabahah Sale Contract to any third party commodity trader as MDV may deem fit.

Related to Murabahah Sale Contract

  • Sale Contract means a contract providing for the sale of one or more projects to one or more contracting parties and includes a contract providing for payment of the purchase price in one or more installments. If the sale contract permits title to the project to pass to the other contracting party or parties prior to payment in full of the entire purchase price, it shall also provide for the other contracting party or parties to deliver to the municipality or to the trustee under the indenture pursuant to which the bonds were issued one or more notes, debentures, bonds or other secured or unsecured debt obligations of such contractingparty or parties providing for timely payments, including without limitation, interest thereon for the balance of the purchase price at or prior to the passage of such title.

  • Credit-sale contract means the same as defined in section 203.1.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Privatization contract or “contract” means an agreement or

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • sales contract means a contract under which a trader transfers or agrees to transfer the ownership of goods to a consumer and the consumer pays or agrees to pay the price, including any contract that has both goods and services as its object. Conformity

  • Offtake Agreement means the offtake agreement dated May 13, 2008 with Glencore International AG pursuant to which the Company has agreed to sell in U.S. dollars to Glencore, and Glencore agreed to acquire, 100% of the V2O5 production at the Maracás Menchen Mine. The Offtake Agreement will terminate effective April 30, 2020. See “Description of the Business — Marketing and Distribution”.

  • Procurement Contract or “Contract” means any written agreement of the Authority for the acquisition of goods or services of any kind in the actual or estimated amount of $25,000, or more.

  • Smart contract means a computer program stored in an electronic ledger system wherein the outcome of the execution of the program is recorded on the electronic ledger;

  • Concession Agreement means the Concession Agreement referred to in Recital (A) above and annexed hereto as Annex-A, and shall include all of its Recitals and Schedules and any amendments made thereto in accordance with the provisions contained in this behalf therein;

  • public works contract means any agreement between any individual, firm or corporation and the State or any political subdivision of the State other than a municipality for construction, rehabilitation, conversion, extension, demolition or repair of a public building, highway or other changes or improvements in real property, or which is financed in whole or in part by the State, including, but not limited to, matching expenditures, grants, loans, insurance or guarantees.

  • Management Contract means the contract executed between the treasurer and a program manager.

  • NAESB means North American Energy Standards Board or its successor organization.

  • Public contract means an agreement between a public body and a nongovernmental source that is

  • O&M Contract means the operation and maintenance contract that may be entered into between the Concessionaire and the O&M Contractor for performance of all or any of the O&M obligations;

  • Gas Transporter means the licensed operator of the transportation network through which gas is transported to you;