Common use of Contract months Clause in Contracts

Contract months. The contract months shall be the months set out in Appendix A. Malaysia 10:30 hours to 12:30 hours and 15:00 hours to 18:00 hours CONTRACT SETTLEMENT FINAL TRADING DAY Trading in the current delivery month will cease on the fifteenth (15th) day of that month or, if the fifteenth (15th) day is a non Business Day, on the last Business Day preceding the fifteenth (15th) day. Trading in such delivery months shall cease at 1200 hours on the last permitted day for trading or at such other time on the last permitted day as may be determined by the Palm Oil Sub-Committee and approved by the Board. FINAL SETTLEMENT DAY Any contracts remaining open after the cessation of trading for a delivery month shall be settled by delivery which must be made by the twentieth (20th) day of that month or, if the twentieth (20th) day is a non-market day, by the last business day preceding the twentieth (20th) day. The Tendering and delivery process shall be done in accordance with the rules of the Clearing House.

Contract months. The contract Spot and next 5 succeeding months shall be the and thereafter alternate month up to 12 months set out in Appendix A. forward. Malaysia 10:30 hours to 12:30 hours and 15:00 hours to 18:00 18:05 hours CONTRACT SETTLEMENT FINAL TRADING DAY Trading in the current delivery month will cease on the fifteenth (15th) day of that month or, if the fifteenth (15th) day is a non Business Day, on the last Business Day preceding the fifteenth (15th) day. Trading in such delivery months shall cease at 1200 1205 hours on the last permitted day for trading or at such other time on the last permitted day as may be determined by the Palm Kernel Oil Sub-Committee and approved by the Board. FINAL SETTLEMENT DAY Any contracts remaining open after the cessation of trading for a delivery month shall be settled by delivery which must be made by the twentieth (20th) day of that month or, if the twentieth (20th) day is a non-market day, by the last business day preceding the twentieth (20th) day. The Tendering and delivery process shall be done in accordance with the rules of the Clearing House.