Approved Financial Instruments Sample Clauses
The 'Approved Financial Instruments' clause defines which financial products or securities are permitted for use or investment under the agreement. Typically, this clause lists or references specific types of instruments—such as government bonds, certain equities, or money market funds—that meet agreed-upon criteria for safety, liquidity, or regulatory compliance. By clearly specifying eligible instruments, the clause ensures that parties only use financial products that align with the risk tolerance and objectives of the agreement, thereby reducing uncertainty and potential disputes over what investments are acceptable.
Approved Financial Instruments. Permitted FRM transactions are limited to options. Naked options, futures contracts and swaps are not permitted.
Approved Financial Instruments. Approved financial instruments and exchanges are listed on Exhibit I. A listing of approved brokerage houses/financial counterparties with whom NJNG had ISDA contracts is available for all traders. Approved brokerage houses/financial counterparties will be required to send confirmations of all financial trades to the Manager, Mid-Office Control or Accounting Manager, NJRES. Also, if specifically requested, a copy of the confirmation must be sent to the Vice President, Internal Audit.