Forward Trading Sample Clauses
The Forward Trading clause defines the terms under which parties agree to buy or sell a specified asset at a predetermined price for delivery and payment at a future date. This clause typically outlines the obligations of both buyer and seller, the settlement process, and any conditions or exceptions that may apply to the transaction. By establishing clear rules for future trades, the clause helps manage price risk and provides certainty for both parties regarding future supply and costs.
Forward Trading. All forward trades for the Company shall be executed through the forward dealer(s) (which may be affiliates of the Manager) designated by the Manager, provided that at the request of the Trading Advisor, the Manager may consent to some other forward trading arrangement, which consent shall not be unreasonably withheld. The Trading Advisor shall use such other banks or dealers only for what the Trading Advisor, in good faith, believes to be good cause.
Forward Trading. (i) All forward trades for the Fund shall be executed through the forward dealer(s) (which may be affiliates of the Manager) designated by the Manager, provided that at the request of the Trading Advisor, the Manager may consent to other forward trading arrangements, which consent shall not be unreasonably withheld.
(ii) If necessary for the Trading Advisor to trade pursuant to the Trading Program, the Fund shall provide adequate dealing lines of credit for the Trading Advisor to place orders for spot and forward currency contracts on behalf of the Fund.
(iii) Any "F/X prime brokerage" arrangements which the Trading Advisor may wish to establish for the Fund shall be subject to the approval of the Manager.
Forward Trading. All forward trades for the Company shall be executed through the forward dealer(s) (which may be affiliates of the Manager) selected by the Trading Advisor, provided said trades are “given-up” to the Clearing Broker.
Forward Trading. The Trading Advisor may enter into forward contracts on currencies. The market for trading of forward contracts on currencies is a private market and not regulated. Such forward contracts therefore differ substantially from exchange traded futures and options contracts. Forward contracts have no speculative position limit; banks and dealers may limit trading at their discretion with an account on the basis of their commercial interests and credit exposure. Furthermore, there are usually no limitations on the daily price movements of forward contracts. Such forward transactions are subject to credit risk as explained in the section “Counterparty Risks”.
Forward Trading. All forward trades for the Account --------------- shall be executed through the forward trading facilities of the counterparties selected by MLIP's affiliated Foreign Exchange Service Desk, unless MLIP consents to some other forward trading arrangement, which consent shall not be unreasonably withheld. The Trading Advisor shall only use such other banks or dealers for what the Trading Advisor, in good faith, believes to be good cause.
Forward Trading. (i) All forward trades for the Onshore Fund shall be executed through the forward dealer(s) (which may be affiliates of the Manager) designated by the Manager, provided that at the request of the Trading Advisor, the Manager may consent to other forward trading arrangements, which consent shall not be unreasonably withheld.
(ii) If necessary for the Trading Advisor to trade pursuant to the Trading Program, the Onshore Fund shall provide adequate dealing lines of credit for the Trading Advisor to place orders for spot and forward currency contracts on behalf of the Onshore Fund.
(iii) Any “F/X prime brokerage” arrangements which the Trading Advisor may wish to establish for the Onshore Fund shall be subject to the approval of the Manager.
Forward Trading. (i) All forward trades for the Fund shall be executed through the forward dealer(s) (which may be Affiliates of the Manager) designated by the Manager, provided that at the request of the Trading Advisor, the Manager may consent to other forward trading arrangements, which consent shall not be unreasonably withheld or delayed.
(ii) If necessary for the Trading Advisor to trade pursuant to the Trading Program, the Fund shall provide adequate dealing lines of credit for the Trading Advisor to place orders for spot and forward foreign exchange contracts on behalf of the Fund.
(iii) Any “F/X prime brokerage” arrangements which the Trading Advisor may wish to establish for the Fund shall be subject to the approval of the Manager. The Manager hereby so approves Deutsche Bank AG, London Branch, as FX prime broker to effectuate the give-up of over-the-counter foreign exchange transactions to ▇▇▇▇▇▇▇ ▇▇▇▇▇ or such other clearing broker appointed by the Fund from time to time for the account, benefit and risk of the Fund, and the applicable prime brokerage commissions to be negotiated by the Trading Advisor. The parties agree that all over-the-counter foreign exchange transactions entered into pursuant to this Agreement are being entered into by the Trading Advisor as the Fund’s agent for the account, benefit and risk of the Fund, notwithstanding that such over-the counter-foreign exchange transactions are first being entered into by the Trading Advisor, being treated as principal by the foreign exchange prime broker and ▇▇▇▇▇▇▇ ▇▇▇▇▇. The Fund agrees to assume all liabilities associated with the over-the-counter foreign exchange transactions and the Fund and the Manager agree, subject to the standard of liability set forth in Section 12(a) of this Agreement, that the Trading Advisor shall have no liability for such over-the-counter foreign exchange transactions.
Forward Trading. (i) If necessary for the Trading Advisor to trade pursuant to the Trading Program, the Fund shall provide adequate dealing lines of credit for the Trading Advisor to place orders for spot and forward currency contracts on behalf of the Fund.
(ii) Any “F/X prime brokerage” arrangements which the Trading Advisor may wish to establish for the Fund shall be subject to the approval of the Manager which approval shall not be unreasonably withheld. The parties agree that all over-the-counter foreign exchange transactions entered into pursuant to this Agreement are being entered into by the Trading Advisor as the Fund’s agent for the account, benefit and risk of the Fund, notwithstanding that such over-the counter-foreign exchange transactions are first being entered into by the Trading Advisor, being treated as principal by third-party counterparties (i.e., counterparties that are not affiliated with ▇▇▇▇▇▇▇ ▇▇▇▇▇). The Fund agrees to assume all liabilities associated with the over-the-counter foreign exchange transactions and the Fund and the Manager agree, subject to the standard of liability set forth in Section 12 of this Agreement, that the Trading Advisor shall have no liability for such over-the-counter foreign exchange transactions.