CONTRACT VALUE AT CLOSE Sample Clauses
The "Contract Value at Close" clause defines the total monetary value of the contract as of the closing date of the transaction. This clause typically specifies how the final contract value is calculated, including any adjustments for pre-closing payments, liabilities, or other agreed-upon factors. For example, it may state that the contract value includes all outstanding invoices or deducts certain expenses incurred before closing. Its core practical function is to ensure both parties have a clear, agreed-upon understanding of the financial terms at the moment the contract is finalized, thereby reducing the risk of disputes over payment obligations or asset valuation.
CONTRACT VALUE AT CLOSE a. Index futures CFD: the contract price will be the bid or offer price, depending on whether you are long or short, calculated in accordance with Clause 9.4 (pricing)
b. Bullion CFDs: the contract price will be the bid or offer price, depending whether you are long or short, calculated in accordance with Clause 9.5.
CONTRACT VALUE AT CLOSE. At the time of closing we will calculate the Contract Price in accordance with the following:
CONTRACT VALUE AT CLOSE. Margin FX Contracts: The Contract Price will be the mid-price calculated in accordance with clause 8.4.
CONTRACT VALUE AT CLOSE. Margin Contracts: The Contract Price will be the mid-price or our last dealing price calculated in accordance with clause 8.4.