FOREIGN EXCHANGE CONTRACTS. The Client authorizes CAL to enter into foreign exchange contracts necessary to facilitate the purchase of the Securities on or before the day when funds are required to be converted into other currencies for payment of such purchase at market rates and in accordance with CAL’s normal practice. The timing will be at CAL’s sole discretion.
Appears in 10 contracts
Samples: Cash/Custodian Client’s Agreement, Cash/Custodian Client’s Agreement, Cash/Custodian Client's Agreement