Common use of Forward Contract Clause in Contracts

Forward Contract. Xxxxx and Seller each acknowledge that it is a “forward contract merchant” and that all transactions pursuant to this Master Agreement constitute “forward contracts” within the meaning of the United States Bankruptcy Code.

Forward Contract. Xxxxx and Seller each acknowledge that it is a “"forward contract merchant” " and that all transactions pursuant to this Master Agreement constitute “"forward contracts” " within the meaning of the United States Bankruptcy Code.