Common use of Cancellation of a Rate Order Clause in Contracts

Cancellation of a Rate Order. To cancel a Rate Order, AFEX must receive an instruction directing cancellation and have had a commercially reasonable opportunity to act upon such instruction. In the absence of such instruction, AFEX will attempt to fill the Rate Order and Client will be liable for Settlement.

Appears in 12 contracts

Samples: Terms and Conditions, Agreement, www.afex.com

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