Electronic Confirmations Sample Clauses

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Electronic Confirmations. Transactions may be confirmed in accordance with this subpart, notwithstanding anything to the contrary herein. Where a Transaction is confirmed by means of an electronic messaging system (including without limitation, circumstances where such electronic message is printed and faxed or otherwise delivered by one party to the other party) that the parties have elected to use to confirm such Transaction, (i) such confirmation will constitute a Confirmation as referred to in this Agreement even where not so specified in the confirmation, and
Electronic Confirmations. Where a Transaction is confirmed by means of an electronic messaging system that the parties have elected to use to confirm such Transaction (i) such Confirmation will constitute a “Confirmation” as referred to in the this Agreement even where not so specified in the confirmation, (ii) such Confirmation will supplement, form part of, and be subject to this Agreement (unless such Confirmation shall expressly state otherwise) and (iii) the definitions and provisions contained in the 1998 ISDA FX and Currency Option Definitions (as published by the International Swap Dealers Association, Inc.) will be incorporated into the Confirmation if the Transaction is an FX Transaction or Currency Option. In the event of any inconsistency between the Definitions applicable pursuant to clause (iii) of this subsection and this Agreement, the Confirmation will prevail for the purpose of the relevant Transaction.
Electronic Confirmations. Certain clients receive electronic confirmations through the Depository Trust Company or other institutional delivery systems in lieu of hard-copy confirmations of each transaction. You should be aware that all of the terms, conditions, and disclosures set forth on such hard-copy confirmations will continue to apply to each confirmation processed electronically, including, among other things, the following: • Securities purchased on a cash or margin basis are or may be hypothecated under circumstances which will permit the commingling thereof with securities carried for other clients, but such securities, if hypothecated, will be withdrawn from hypothecation as soon as practicable after receipt of payment here for. • If the transaction is a purchase by you in a cash Account and sufficient funds are not already in your Account with us, it is agreed that you will make full payment for the securities described on the confirmation promptly and not later than settlement date in accordance with the terms of this transaction and that you do not contemplate sale of such securities prior to making such payment. If the securities described are not already held in your Account with us, we are acting upon your representation that you or your principal own such securities, and it is agreed that you will promptly and not later than settlement date deposit such securities with us. If full payment for the securities purchased by you in the transaction is not received by us, or if securities sold by you are not delivered to us in proper form on or after the first trading day after settlement date, we may at our option cancel or otherwise liquidate the transaction without notice to you, and you will be liable to us for any resulting loss, including, without limitation, all expenses, attorney’s fees, and other costs incurred by us and interest thereon. • Provisions of agreements and contracts shall inure to any successor of AFS or the Clearing Agent. • It is understood and agreed that all transactions are subject to the rules and customs of the exchange or market (and its clearing house, if any) where they are executed. The name of the broker or party and the time of execution will be furnished on request. • Commission rates are subject to negotiation, and any commission charged to you on the transaction may be more or less than commissions charged to or by others in similar transactions. The source and amount of other commissions charged by us in connection with the transac...
Electronic Confirmations. Certain customers receive electronic confir- mations through Depository Trust Company or other institutional delivery systems in lieu of hard-copy confirmations of each transaction. I should be aware that all of the terms, conditions, and disclosures set forth on such hard-copy confirmations will continue to apply to each confirmation processed electronically, including, among other things, the following: for the securities purchased by me in the transaction is not received by you, or if securities sold by me are not delivered to you in proper form on or after the first trading day after the settlement date, you may at your option cancel or otherwise liquidate the transaction without notice to me, and I will be liable to you for any resulting loss, including, without limitation, all expenses, attorney’s fees, and other costs incurred by Pershing or Price and interest thereon.