Common use of Foreign Exchange Clause in Contracts

Foreign Exchange. 1. For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account. 2. The Client acknowledges and agrees that he shall undertake all risks deriving from any such conversion and in particular, the risk of loss which may be incurred as a result of the fluctuation in the exchange rates.

Appears in 22 contracts

Samples: Agreement for the Provision of Investment Services, Agreement for the Provision of Investment Services, Investment Services Agreement

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Foreign Exchange. 1. 20.1 For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Bank Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Bank Account. 2. 20.2 The Client acknowledges and agrees that he shall undertake all risks deriving from any such conversion and in particular, the risk of loss which may be incurred as a result of the fluctuation in the exchange rates.

Appears in 4 contracts

Samples: Investment Services Agreement, Investment Services Agreement, Investment Services Agreement

Foreign Exchange. 1. For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account. 2. The Client acknowledges and agrees that he shall undertake all risks deriving from any such conversion and in particular, the risk of loss which may be incurred as a result of the fluctuation in the exchange rates.

Appears in 2 contracts

Samples: Investment Services Agreement, Investment Services Agreement

Foreign Exchange. 1. 18.1 For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Bank Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Bank Account. 2. 18.2 The Client acknowledges and agrees that he shall undertake all risks deriving from any such conversion and in particular, the risk of loss which may be incurred as a result of the fluctuation in the exchange rates.

Appears in 2 contracts

Samples: Investment Services Agreement, Investment Services Agreement

Foreign Exchange. 1. For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account. 2. The Client acknowledges and agrees that he shall undertake all risks deriving from any such conversion and and, in particular, the risk of loss which may be incurred as a result of the fluctuation in the exchange rates.

Appears in 2 contracts

Samples: Investment Services Agreement, General Terms and Conditions

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Foreign Exchange. 1. For any conversion required to be effected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account. 2. The Client acknowledges and agrees that he he/she shall undertake all risks deriving from any such conversion and in particular, the risk of loss which may be incurred as a result of the fluctuation in the exchange rates.

Appears in 2 contracts

Samples: Investment Agreement, Terms and Conditions

Foreign Exchange. 1. For any conversion required to be effected affected from one currency to another for the execution of any order, the Company is entitled at its absolute discretion to debit the Client’s Trading Account with the equivalent amount of the transaction in the currency in which the Client holds the Trading Account. 2. The Client acknowledges and agrees that he shall undertake all risks deriving from any such conversion and in particular, the risk of loss which may be incurred as a result of the fluctuation in the exchange rates.

Appears in 1 contract

Samples: Client Agreement

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