Common use of Fails Clause in Contracts

Fails. We will notify you if settlement of a Transaction fails to take place on the contractual settlement date, whether because of a default by a counterparty to that Transaction or other­ wise.

Appears in 6 contracts

Samples: www.commerzbank.nl, www.commerzbank.co.uk, www.commerzbank.co.uk

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Fails. We will notify you if settlement of a Transaction fails to take place on the contractual settlement date, whether because of a default by a counterparty to that Transaction or other­ wiseotherwise.

Appears in 6 contracts

Samples: Professional Client Agreement, Eligible Counterparty Agreement, Eligible Counterparty Agreement

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