First Notice Day definition

First Notice Day means the first day on which notices of intent to deliver the commodity in order for the terms of the Futures Contract to be fulfilled are authorized.
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First Notice Day means the first day on which a Seller’s Delivery Notice may be given by
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First Notice Day means the date specified as such by the Exchange.
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Examples of First Notice Day in a sentence

  • For a contract fixation deadline not linked to First Notice Day: • If for whatever reason the Buyer fails to fix cotton prior to the fixation deadline established in the contract, the right and discretion to fix the contract price will pass immediately from the Buyer to the Seller and that fixation shall be binding upon both parties.

  • If the contracted quantity has a tolerance and the contractual Chicago Board of Trade month is already on its delivery period (between the First Notice Day and Last Trading Day) then the final settlement of such over/under fill must be based on the next Chicago Board of Trade month, at par/plus/less the original FOB premium corrected by the Chicago Board of Trade spread established basis, the settlement price 2 business days prior to the first notice day of the contractual Chicago Board of Trade month.

  • There shall be no price limits in the current futures month on or after First Notice Day.

  • By virtue of Term 3.01 of the Contract Terms, the Board is required in respect of each delivery month to publish, on or before the tenth business day prior to the First Notice Day, a List of Deliverable Gilts which will constitute Deliverable Gilts capable of being included in a valid Seller’s Delivery Notice.

  • If the First Notice Day of the Current Underlying is before its Last Trading Day, the period for the Roll-over day begins 10 trading days before the First Notice Day and ends on the Last Trading Day of the Current Underlying.

  • For the purposes of this Rule, the Front Month is the first listed futures delivery month that has not reached its First Notice Day, provided, however, that the October delivery month cannot be the Front Month.

  • Included in this report is the amount of corn shipped through Lock 8 on the Illinois River1 and through the Illinois River delivery territory for Corn futures.Deliverable supply is estimated as the stocks of grain in regular facilities on the Friday prior to First Notice Day plus the amount to corn that passes through Lock 8 on the Illinois River during the four weeks prior to First Notice Day.

  • Hitherto, the responsibility to meet these requirements lay mainly with PCTs, who struggled to do so despite existing regulations.

  • For a contract fixation deadline not linked to First Notice Day:  If for whatever reason the Buyer fails to fix cotton prior to the fixation deadline established in the contract, the right and discretion to fix the contract price will pass immediately from the Buyer to the Seller and that fixation shall be binding upon both parties.

  • A Handling Agreement may be terminated upon both parties providing ninety (90) days written notice to the Exchange, unless the proposed termination date falls on a date between the First Notice Day through the end of a delivery month, in which case the date of termination of the Handling Agreement will be the first Business Day after the said delivery month.


More Definitions of First Notice Day

First Notice Day means the date one (1) business day prior to the first business day of a delivery month or such other day as the Board of Directors shall determine.
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First Notice Day means, in relation to Futures dealing, a day designated by an exchange as the first, or the only day on which the buyer of Futures may be notified of the buyer’s obligation to take Physical Delivery of the Underlying Assets.
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First Notice Day means the date specified as such by the Exchange. "Futures Contract" means the futures contract on Brent crude oil. "Initial Price" means USD 39.53.
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Related to First Notice Day

  • Notice Date has the meaning specified in Section 2.10.

  • Put Notice Date means the Trading Day, as set forth below, immediately following the day on which the Investor receives a Put Notice, however a Put Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or email by the Investor if such notice is received prior to noon Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after noon Eastern Time on a Trading Day. No Put Notice may be deemed delivered on a day that is not a Trading Day.

  • Advance Notice Date means each date the Company delivers to the Investor an Advance Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Advance Notice Date shall be less than seven (7) Trading Days after the prior Advance Notice Date.

  • Issuance Notice Date means any Trading Day during the Agency Period that an Issuance Notice is delivered pursuant to Section 3(b)(i).

  • Notice Deadline means 2.30 p.m. (Dublin time), provided that the Notice Deadline in respect of any Series of ETP Securities may be adjusted by agreement between the Issuer and the Margin Loan Provider with effect from the fifth calendar day following the date on which notice of such adjustment is given to the holders in accordance with Condition 17.

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Retraction Notice has the meaning set forth in Section 11.01(c).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Notice Period has the meaning set forth in Section 5.09(e).

  • Response Period has the meaning set forth in Section 9.6(a).

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).