Next Future definition
Next Future means for each Individual Commodity Index and each Trading Day,
Next Future means (a) for an Individual Commodity Index and a Trading Day with respect thereto, the particular futures contract which is the “Next Future” or “Next Contract” (as defined in the Handbook) for that Individual Commodity Index on that Trading Day and (b) for a commodity comprised in a Composite Commodity Index but which is not the subject of an Individual Commodity Index and a Trading Day with respect thereto, the particular futures contract which is the “Next Future” (as defined in the Handbook) for that commodity in relation to that Composite Commodity Index on that Trading Day
Next Future means (a) for an Individual Commodity Index and a Trading Day with respect thereto, the particular futures contract which is the “Next Future” (as defined in the Handbook) for the Corresponding Unhedged Commodity Index on that Trading Day and (b) for a commodity comprised in an Unhedged Commodity Index corresponding to a Composite Commodity Index but which is not the subject of an Unhedged Commodity Index corresponding to an Individual Commodity Index and a Trading Day with respect thereto, the particular futures contract which is the “Next Future” (as defined in the Handbook) for that commodity in relation to that Unhedged Commodity Index on that Trading Day
Examples of Next Future in a sentence
In the event Executive is terminated or constructively terminated following a Change in Control between the First Retirement Date and the Last Retirement Date, Executive shall be entitled to receive the full retirement benefits which would have been due to him had he retired on the Next Future Retirement Date, and would begin to receive such benefits on that Retirement Date.
In the case of deposits made pursuant to paragraph (a), upon such application by the Administrative Agent, the Next Future Installment shall be deemed to have been paid to the extent of such deposited amount.
More Definitions of Next Future
Next Future means, for each Commodity, the futures contract month designated in Table 9 of the Methodology, set forth in the column next to the current month. In December, the first column, January, designates the column for the Next Future.
Next Future means (a) for an Individual Commodity Index and a Trading Day with
Next Future means, for each Commodity, the futures contract month designated in Table 9a and 9b of the
Next Future means (a) for an Individual Commodity Index and a Trading Day with respect thereto, the particular futures contract which is the “Next Future” (as defined in the Handbook) for the Corresponding Unhedged Commodity Index on that Trading Day and
Next Future means for each Individual Commodity Index and each Trading Day, the particular futures contract which is the “Next Future” (as defined in the Handbook) for that Individual Commodity Index on that Trading Day
Next Future means for each Individual Commodity Index and each Trading Day, the particular futures contract which is the “Next Future” or “Next Contract” (as defined in the Handbook) for that Individual Commodity Index on that Trading Day “Notice Deadline” means, on a General Trading Day, the earlier of 2.30 p.m. or such other time determined by the Issuer as the Notice Deadline in respect of a particular General Trading Day or generally “NYMEX” means New York Mercantile Exchange, Inc., including its wholly owned subsidiary Commodity Exchange Inc. “Official List” means the official list maintained by Euronext Dublin “Original Index” the Bloomberg WTI Crude Oil Sub-IndexSM (BBG Index Ticker: BCOMCL Index) “outstanding” means in relation to each type of Micro or Commodity Securities, all the Micro or Commodity Securities of that type issued and in respect of which there is for the time being an entry in the Register other than:(a) Micro or Commodity Securities which have been redeemed and cancelled pursuant to the Trust Instrument; and(b) Micro or Commodity Securities which have been purchased and cancelled pursuant to the Trust Instrument;PROVIDED THAT for the purpose of the right to attend and vote at any meeting of the Security Holders or any of them and certain other purposes of the Trust Instrument, Micro and Commodity Securities (if any) which are for the time being held by, for the benefit of, or on behalf of, (A) the Issuer, (B) a Commodity Contract Counterparty,(C) ETFSL or a Guarantor, (D) any subsidiary of the Issuer or of a Commodity Contract Counterparty, (E) any individual Controller of the Issuer or Guarantor or(F) any person controlled by any such persons listed in (A) to (E) above shall (unless and until ceasing to be so held) be deemed not to remain outstanding and accordingly the holders of such Micro and Commodity Securities shall be deemed not to be Security Holders