Option Contracts. Client may authorize AFEX to enter into an Option Contract so long as AFEX has determined Client to be a Permitted Counterparty. AFEX may require Client to provide certain documentation, including without limitation, audited financial statements and certifications, in order to reach a determination on Client’s status as a Permitted Counterparty. Each Option Contract will be governed by the provisions of this Agreement in addition to the terms set out in the Option Contract.
Option Contracts. The Custodian's responsibilities regarding option contracts will be governed by the following sub-paragraphs:
Option Contracts. All put and call option contracts, whether purchased or written, on marketable securities, financial futures, foreign currencies, foreign exchange or foreign exchange futures contracts. Foreign Exchange Contracts – All contracts for future purchase or sale of foreign currencies, foreign currency or cross currency swap contracts, or foreign exchange futures contracts.
Option Contracts. 7.1 Option Contracts must not be entered into by a Customer with GRC for the purpose of Speculation or investment. By entering into an Option Contract with GRC, the Customer is deemed to represent and warrant to GRC at that time and at all times thereafter that the purpose of the Option Contract is solely for Hedging.
Option Contracts. An option is a contract where the Optionor (seller) promises to sell the property to the Optionee
Option Contracts. 13.1 The Client may request to buy or sell an Option Contract by placing an Order with Navigate.
Option Contracts. Restatement (2d) Sec. 45(1): Where an offer invites an offeree to accept by rendering a performance and does not invite a promissory acceptance an option contract is created when the offeree begins the invited performance Only applies to offers seeking performance – protects offeree from relying on promise completing most of performance and then having the offer revoked Ex. Xxxxx Xxxx Xxxx (pg. 31-32 of notes) – Once offeree begins performance offer becomes irrevocable but offeree has not obligation to complete performance Recapping 2-207 A response to mirror image rule/last shot doctrine. Addresses Battle of the Forms (BOF) scenario ubiquitous in today's business world.
Option Contracts. Options and any Stock Appreciation Rights shall be evidenced by agreements (“Option Contracts”) in such form as the Committee (or the Board, in the case of Non-Employee Directors) shall approve containing such terms and conditions, including the period of their exercise, whether in installments or otherwise, as shall be contained therein, which need not be the same for all Options.
Option Contracts. From time to time after Closing, Seller and Buyer shall each execute, acknowledge and deliver to the other such further instruments and take such other action as may be reasonably requested in order more effectively to assure to the other the full beneficial use and enjoyment of the Assets and otherwise to accomplish the purposes of the transactions contemplated by this Agreement.
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