Foreign Exchange Activities Sample Clauses

Foreign Exchange Activities. (A) execute foreign exchange spot transactions or forward contracts as requested by Specialty in writing, it being understood that such transactions will be executed based on market rates at the time of execution and that Conexant will have no liability for the rates at which such transactions are executed; (B) provide supporting documentation to Specialty for foreign exchange contracts executed by Conexant; and (C) maintain and administer documentation for foreign currency transactions executed by Conexant.