Trading Contracts definition
Examples of Trading Contracts in a sentence
If requested by the Purchaser, in its discretion, from time to time until the first anniversary of the Effective Date, the Seller shall act for and on behalf of the Purchaser as its Qualified Scheduling Entity (as such term is defined by ERCOT) with respect to the Trading Contracts that provide for physically-delivered electric energy in ERCOT, in accordance with terms and conditions to be agreed by the Parties, acting reasonably and in good faith.
Notwithstanding the foregoing, the Purchaser shall have the right to [CONFIDENTIAL TREATMENT REQUESTED] of the date of such notice of Misbooking is received by the Seller; provided, however, that if such Misbooked Trading Contract, after giving effect to the error with respect thereto, would nonetheless be substantially similar to the Transferred Assets (excluding Misbooked Trading Contracts), then the Purchaser shall not reject the acceptance of such Misbooked Trading Contract.
To the extent that the transfer of any of the Trading Contracts to the Purchaser requires the Consent of a Third Party or Governmental Authorization, the Seller and the Purchaser shall use commercially reasonable efforts, and cooperate with each other, to obtain promptly the relevant Consent or Governmental Authorization prior to the Closing Date.
For purposes of this Section 1.4, operating expenses shall not include (i) accounts payable with respect to Power Trading Contracts, (ii) deferred expenses associated with asset restructuring transactions, and (iii) operating expenses of the NUG Subsidiaries.
The line item identified as "Assets from risk management activities" in the unaudited balance sheet and the unaudited proforma balance sheet includes a $4 million trading and price risk management reserve (the "General Trading Reserve") which is not necessary to accurately reflect the Net Unrealized Fair Market Value of the Power Trading Contracts.
True and complete copies of all --------------------- Material Contracts (or with respect to Power Trading Contracts, forms of master contracts and confirmations) have been made available to Buyer, including all amendments and modifications with respect thereto.
In case the Collaterals are denominated in Currencies different from that of the Margin Trading Contract(s) entered into by the Customer, the Customer may be subject to exchange rate risk which will impact on the profit/loss of trading.
The Sellers shall use reasonable efforts to cause Sithe Power Marketing to enter into the Trading Contracts described in Section 6.5.2(f)(v)(B) using the form of enabling 94 102 agreement provided to the Sellers by Buyer with such changes thereto as shall be mutually acceptable to RES and Sithe Power Marketing.
Notwithstanding that the Customer has satisfied the Customer’s obligations under the Agreement, the Bank shall have the sole and absolute discretion as to whether to accept or reject any instruction given by the Customer in respect of FX2 Trading Contracts and/or impose any restrictions on the size of the FX2 Trading Contracts and shall not be obliged to enter into any FX2 Trading Contract (in full or in part).
The IWS Trading Contracts will disclose payments by a Preferred Supplier to IWS and will set the terms upon which the Preferred Supplier will supply goods to members.