Common use of Contract Price at closing Clause in Contracts

Contract Price at closing. Where: a) we exercise any of our rights under this Agreement to close a Margin FX Contract; or b) a Margin FX Contract, closes automatically under clause 11.2 of this Agreement. c) we will determine the Contract Price at the time of closing in accordance with the current prices than being quoted by us, but except where the Margin FX Contract to be closed is outside the Normal Trading Size, our Spread used in calculating the Contract Price will not exceed 30% or one cent (or equivalent currency unit), whichever is the greater.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!