Future Contract definition

Future Contract means a contract under which one party agrees to deliver to the other party on a specified future date, a specified asset at a price agreed at the time of the contract and payable on the future date;
Sample 1Sample 2Sample 3
Future Contract means a Contract that confers an obligation to trade the Underlying at a pre-defined price on a pre-defined date in the future.
Sample 1Sample 2
Future Contract means a contract awarded after the Effective Date for the Development of Licensed Products under which Aridis may be awarded a subcontract to provide services.
Sample 1Sample 2

Examples of Future Contract in a sentence

  • If, in relation to exercise of a particular Option Set, there are more open Short Options than are exercised by the holders of Long Options, the Clearing House will select Clearing Members with Short Open Contract Positions in the same Option Set against which to exercise a corresponding Option or Options and subsequently become party to a Future Contract or Contracts.

  • All Related Products, other than Future Contract Related Products and any benefits associated therewith, shall belong to the Supplier.

  • Future Contract Development It is imperative that the contract drafting and finalization process be timely and accurately reflect the minimum requirements and other applicable contractual terms in the RFP.

  • When an Option is exercised, a Future Contract at the Strike Price of the Option will arise in accordance with Rule 401.

  • Preliminary Expiry Market Settlement for the remaining deliverable part of a DS Future Contract is included in the liquidation cost.

  • The Contract Price does not include any Sales Tax in respect of the Electricity and Future Contract Related Products purchased hereunder.

  • On each Roll Date, the price of the Active Future Contract may be lower than (respectively higher than) the price of the Next Active Future Contract if the future curve is in contango (respectively in backwardation).

  • If any Sales Tax is payable in connection with the Delivered Electricity and Future Contract Related Products purchased hereunder, such Sales Tax shall be paid as specified hereunder.

  • For example, to subscribe to all public messages for WMAZ spot basis contracts send a Future Contract Subscription Message (type 99) with the following contract name: B00000WMAZ.

  • The Internal Audit Unit undertakes both regular and ad hoc reviews over risk management controls and procedures, the results of which are reported to the Audit Committee.The Bank defines risk as the possibility of losses or profits foregone, which may be caused by internal or external factors.The risks arising from financial instruments to which the Bank is exposed are financial risks, which include credit risk, liquidity risk, market risk and operational risk.


More Definitions of Future Contract

Future Contract means an undertaking to purchase or sell a specified type of securities, group of securities or securities index at a pre-determined volume and pre-determined price and on a pre- determined date in the future.
Sample 1
Future Contract means an undertaking to purchase or sell a specified type of securities, group of securities or securities index at a pre-determined volume and pre-determined price and on a pre- determined date in the future. 8a.7 Investment capital contribution contract means a contract for capital contribution by money or assets between investors with an issuing organization for profit-making purposes and permitting conversion [of such capital] into other securities.
Sample 1
Future Contract. VAD Subscribers shall mean the sum, cumulative, total, maximum number of VAD Subscribers that are using or paying to use Licensed Services (whichever is greater) provided by Licensee within a reporting quarter related to all Customers without an existing VAD contract (ANNEX 1A).
Sample 1

Related to Future Contract

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • 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;

  • Group contract means a contract for health care services which by its terms limits eligibility to members of a specified group. The group contract may include coverage for dependents.

  • Prime Contract means the contract between LOCKHEED MARTIN and the U.S. Government or between LOCKHEED MARTIN and its higher-tier contractor who has a contract with the U.S. Government.

  • Shipbuilding Contract means the shipbuilding contract dated 30 March 2011 and made between the Builder and the Borrower for the construction by the Builder of the Ship and its purchase by the Borrower as supplemented and amended from time to time;

  • Service Contract means, with respect to a Financed Vehicle, the agreement, if any, financed under the related Receivable that provides for the repair of such Financed Vehicle.

  • Relevant Contracts means the contracts for each shipper who is delivering Gas to the Inlet Point on that day.

  • Project Contract means a Project Contract as such term is defined in the RfP; “Proposal” means a Proposal as such term is defined in the RfP;

  • framework contract means a payment service contract which governs the future execution of individual and successive payment transactions and which may contain the obligation and conditions for setting up a payment account;

  • Performance Contract means the annual agreement negotiated and entered into by a community

  • Contract means the written agreement entered into between the purchaser and the supplier, as recorded in the contract form signed by the parties, including all attachments and appendices thereto and all documents incorporated by reference therein.

  • Existing Contract means a contract that was made before the operative date;

  • 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;

  • Master Contract means the CATS Master Contract between the Maryland Department of Budget and Management andTO Contractor dated December 19, 2005.

  • Parent Contract means any Contract: (a) to which Parent is a party; (b) by which Parent or any asset of Parent is or may become bound or under which Parent has, or may become subject to, any obligation; or (c) under which Parent has or may acquire any right or interest.

  • Training Contract means an agreement signed by the employer and the Apprentice or Trainee (and a parent or guardian if applicable), in accordance with the Act and Regulatory requirements.

  • Smart contract means an event-driven program, with state, that runs on a distributed, decentralized, shared, and replicated ledger and which can take custody over and instruct transfer of assets on that ledger.

  • *Continuous Contract Any existing written agreement (including any renewals that are exercised) between a prime contractor and a HUB vendor, where the HUB vendor provides the prime contractor with goods or service under the same contract for a specified period of time. The frequency the HUB vendor is utilized or paid during the term of the contract is not relevant to whether the contract is considered continuous. Two or more contracts that run concurrently or overlap one another for different periods of time are considered by CPA to be individual contracts rather than renewals or extensions to the original contract. In such situations the prime contractor and HUB vendor are entering (have entered) into “new” contracts.

  • Financial Contract of a Person means (i) any exchange-traded or over-the-counter futures, forward, swap or option contract or other financial instrument with similar characteristics or (ii) any Rate Management Transaction.

  • Individual contract plan means a subcontracting plan that covers the entire contract period (including option periods), applies to a specific contract, and has goals that are based on the offeror’s planned subcontracting in support of the specific contract, except that indirect costs incurred for common or joint purposes may be allocated on a prorated basis to 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

  • Standard form contract means a financial contract that is substantially not negotiable for the Client, except for the terms contained in point 11.C.

  • Building Contract means a contract entered under Transportation Code, Chapter 223, Subchapter A for the construction or maintenance of a Department building or appurtenant facilities and considered to be a Highway Improvement Contract as defined in Texas Administrative Code, § 9.11.

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract;

  • Project Schedule means a document that, with respect to each Phase of the Project, identifies, coordinates and integrates the anticipated design and construction schedules, the Contracting Authority’s and Owner's responsibilities, government authority reviews and other activities as are necessary for the timely completion of the Work.