Trade Option definition

Trade Option means a Commodity Option between the Parties under the Agreement that meets the conditions contained in CFTC Regulation 32.3(a).
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Trade Option means a Commodity Option between the Parties under the Contract that meets the conditions contained in CFTC Regulation 32.3(a).
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Examples of Trade Option in a sentence

  • As a result, the Trade Option Exemption will not be available in many instances.

  • As a result, if the Token Purchase Option does not otherwise qualify for the Trade Option Exemption, issuers and investors will want to carefully consider the swap analysis with regard to their respective Token Purchase Option.

  • If such Trade Option Exemption is not otherwise available, it will direct the user to confer with counsel as to whether such instrument should be regulated as a swap and if the noteholder and issuer meet the requirements to be eligible to enter into the swap.

  • The ConsenSys Automated Convertible Note also provides built-in protections for token purchasers who will also participate on the network as part of their business and intend to benefit from the Trade Option Exemption.

  • As a result, an option to purchase tokens held by investors who are also network participants as part of their business may be eligible for the Trade Option Exemption if the conditions are met.

  • Each party represents to the other that, as of the Trade Date of each Covered Transaction that is not a Commodity Trade Option, it is an “eligible contract participant,” as that term is defined in Section 1a(18) of the CEA and applicable regulations thereunder (an “ECP”).

  • A copy of each ISDA Master Agreement, Master Trade Option Agreement or Master Swap Agreement between the Company and each counterparty.

  • The Trade Option Exemption was developed to afford commercial market participants with an exemption from trading in commodities that are physically delivered.

  • In connection with this Assignment and the PPA, VEPCO and BPEC agree and acknowledge that the PPA constitutes a Commodity Trade Option as defined by the CFTC.