Common use of Hedging Disruption Clause in Contracts

Hedging Disruption. Notwithstanding anything to the contrary in this Trading Agreement, if we determine that a Hedging Disruption has occurred, or may occur, including a Hedging Disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we deem necessary to hedge our Transaction price risk, whether such Hedging Disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, then will be liable to us for any increased costs or expenses resulting from such Hedging Disruption (including any costs of unwinding, establishing or re- establishing a hedge) and we may upon notification of such costs to you deduct them from your account or demand payment. If you fail to comply fully and by the required time with the obligation to make payment this will constitute an Event of Default.

Appears in 9 contracts

Samples: Client Service Agreement, Client Service Agreement, Client Service Agreement

AutoNDA by SimpleDocs

Hedging Disruption. β€Œ Notwithstanding anything to the contrary in this Trading Agreementthese Terms, if we determine that a Hedging Disruption hedging disruption has occurred, or may occur, including a Hedging Disruption hedging disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we may deem necessary to hedge our Transaction price risk, . Irrespective of whether such Hedging Disruption hedging disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, then you will be liable to us for any increased costs or expenses resulting from such Hedging Disruption hedging disruption (including any costs of unwinding, establishing or re- re-establishing a hedge) and we may ). We may, upon notification of such costs to you you, deduct them such amounts from your account or demand paymentpayment where there are insufficient funds in your account. If you fail Your failure to comply fully and by the required time with the obligation to make payment this payment, by or before the required time, will constitute an Event of Default.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

Hedging Disruption. Notwithstanding anything to the contrary in this Trading Agreementthese Terms, if we determine that a Hedging Disruption hedging disruption has occurred, or may occur, including a Hedging Disruption hedging disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we may deem necessary to hedge our Transaction price risk, . Irrespective of whether such Hedging Disruption hedging disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, then you will be liable to us for any increased costs or expenses resulting from such Hedging Disruption hedging disruption (including any costs of unwinding, establishing or re- re-establishing a hedge) and we may ). We may, upon notification of such costs to you you, deduct them such amounts from your account or demand paymentpayment where there are insufficient funds in your account. If you fail Your failure to comply fully and by the required time with the obligation to make payment this payment, by or before the required time, will constitute an Event of Default.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Hedging Disruption. Notwithstanding anything to the contrary in this Trading Agreementthese Terms, if we determine that a Hedging Disruption hedging disruption has occurred, ,or may occur, including a Hedging Disruption hedging disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we may deem necessary to hedge our Transaction price risk, . Irrespective of whether such Hedging Disruption hedging disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, then you will be liable to us for any increased costs or expenses resulting from such Hedging Disruption hedging disruption (including any costs of unwinding, establishing or re- establishing a hedge) and we may ). We may, upon notification of such costs to you you, deduct them such amounts from your account or demand paymentpayment where there are insufficient funds in your account. If you fail to comply fully and by the required time with the obligation to make payment payment, this will constitute an Event of Default.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs

Hedging Disruption. 6.1 Notwithstanding anything to the contrary in this Trading Customer Agreement, if we determine that a Hedging Disruption has occurred, or may occur, including a Hedging Disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we deem necessary to hedge our Transaction price risk, whether such Hedging Disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, then will be liable to us for any increased costs or expenses resulting from such Hedging Disruption (including any costs of unwinding, establishing or re- establishing a hedge) and we may upon notification of such costs to you deduct them from your account or demand payment. If you fail to comply fully and by the required time with the obligation to make payment this will constitute an Event of Default.

Appears in 1 contract

Samples: Customer Agreement

Hedging Disruption. Notwithstanding anything to the contrary in this Trading Agreement, if we determine that a Hedging Disruption has occurred, or may occur, including a Hedging Disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we deem necessary to hedge our Transaction price risk, whether such Hedging Disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, then you will be liable to us for any increased costs or expenses resulting from such Hedging Disruption (including any costs of unwinding, establishing or re- establishing a hedge) and we may upon notification of such costs to you deduct them from your account or demand payment. If you fail to comply fully and by the required time with the obligation to make payment this will constitute an Event of Default.

Appears in 1 contract

Samples: Client Service Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.