Delays in Making Prices Clause Samples
The 'Delays in Making Prices' clause defines how situations are handled when there is a postponement or failure in setting or providing prices as required under an agreement. Typically, this clause outlines the procedures to follow if a party does not deliver pricing information on time, such as extending deadlines, applying default pricing mechanisms, or allowing the other party to seek alternative arrangements. Its core practical function is to ensure that business operations are not unduly disrupted by pricing delays, providing a clear process to manage such occurrences and reducing uncertainty for both parties.
Delays in Making Prices. By reason of physical restraints on the floors of any exchange and rapid changes in the prices of Derivatives that frequently take place, there may, on occasions, be a delay in making prices or in dealing at any specific time or "at best" or "at market". The Client agrees in any event to accept and be bound by dealings which take place on his behalf and agrees that GTJAF shall not be under any liability for any loss arising by reason of GTJAF’s failing or being unable to comply with any terms of an order of the Client or for any loss incurred as a result of transactions carried out or effected pursuant to this Agreement unless due to the wilful default of any of GTJAF's employees or agents.
Delays in Making Prices. The prices of Securities, Commodities, Futures Contracts and/or Option Contracts changed frequently, there may, on occasions, be a delay in making prices or in dealing at any specific time or "at best" or "at market". Client agrees in any event to accept and be bound by dealings which take place on his/her/their behalf and agrees that CIF shall not be under any liability for any loss arising by reason of CIF failing or being unable to comply with any terms of an order of Client or for any loss incurred as a result of transactions carried out or effected pursuant to this Agreement unless due to the willful default of any of CIF's employees or agents.
Delays in Making Prices. By reason of physical restraints on the HKFE or any other exchange and the rapid changes in the prices of Futures and Options, there may, on occasion, be a delay in making prices or in dealing at any specific time “at best” or “at market”. The Client agrees in any event to accept and be bound by dealings which take place on the Client’s behalf and agrees that CCBIS shall not be under any liability for any loss arising by reason of CCBIS’ failing or being unable to comply with any term of any Instruction or for any loss incurred as a result of transactions carried out or effected pursuant to this Agreement unless due to the wilful default of any of CCBIS' employees or agents.
