Trade Account definition

Trade Account means an account established by the Manager in relation to each Member in accordance with Rule

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Trade Account means You have properly completed and submitted a Trade Application to Us and We have approved You for an account with Us.

Trade Account is defined in the 2003 TPA as “…the account to which electricity sold or deemed to be sold by Powerex to BC Hydro [for trade activity] is credited and to which electricity sold or deemed to be sold by BC Hydro to Powerex [for trade activity] is debited…”.

Examples of Trade Account in a sentence

The Company shall not be bound to monitor the state of the Client’s Trade Account and the Client’s performance of obligations stipulated by this Agreement for the Client.
If the Client transfers funds to the Trade Account in the currency other than the currency of the Trade Account they shall be automatically converted into the currency of the Trade Account at the current internal rate of exchange of the Company.
The Client unconditionally agrees that amounts of such commissions (in case they are introduced) shall be automatically written off the Trade Account.
If the Sellers' Representative so requests, the Buyer shall make available to the Sellers' Representative such additional information which is in the possession and control of either the Buyer, the Company or any of their respective Subsidiaries with respect to such Reimbursable Trade Account Receivable as the Sellers' Representative may reasonably require.
Termination of this Agreement shall not cancel obligations on the part of the Company and on the part of the Client which arose under this Agreement, in particular, in relation to open positions or transactions on drawing/placement of funds from/on the Trade Account.

More Definitions of Trade Account

Trade Account. This account would be used to purchase corn futures or call options or sell put options. Its primary function is to protect the plant from rising corn costs. The firm handling the transactions calculates gains or losses in this account. Gains or losses would be accounted for according to LLC's board and management team. Profits in this account would be split 10% to NVC and the balance to LLC. Losses would remain the responsibility of LLC. Reconciliation for the incentive shall coincide with LLC's fiscal year All fees shall be due and payable upon receipt of an invoice from NVC.

Trade Account means the account to which electricity sold or deemed to be sold by Powerex to B.C. Hydro pursuant to Section 6.1 i.s credited and to which electricity sold or deemed to be sold by B.C. Hydro to Powerex pursuant to Sections 6.2 and 6.4 is debited;

Trade Account means You have properly completed and submitted a Trade Application to MTi Group and MTi Group has approved You for an account with MTi Group.

Trade Account means an online profile associated with a Tradesperson registered on our Website.

Trade Account means You have properly completed and submitted a Trade Application to PHEONEX and PHEONEX has approved You for an account with PHEONEX. “PHEONEX” means PHEONEX Pty Ltd (ACN 616 727 023) a Company registered in Australia of ▇▇▇ ▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇ ▇▇▇▇. “You/Your” refers to the person, firm, organisation, partnership, corporation, trust or other entity engaging to provide Services to You, as named in the Trade Application or the Quotation (where You do not hold a Trade Account). The reference to “You” includes any employees, agents and contractors.

Trade Account means an account in the name of the Trade Customer for the purchase of goods and services from a Supplier.

Trade Account means You have properly completed and submitted a Trade Application to Matec Pacific and Matec Pacific has approved You for an account with Matec Pacific.