Common use of Hedging Disruption Clause in Contracts

Hedging Disruption. GTJAFX is unable or would incur a materially increased cost, as determined by GTJAFX in its sole and absolute discretion, after using commercially reasonable efforts, to (a) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the price risk of GTJAFX entering into and performing its obligations with respect to or in connection with the Transactions, or (b) realise, recover or remit the proceeds of any such transaction(s) or asset(s).

Appears in 4 contracts

Samples: Client Agreement for Foreign Exchange and Bullion Trading, Client Agreement for Foreign Exchange and Bullion Trading, Client Agreement for Foreign Exchange and Bullion Trading

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Hedging Disruption. GTJAFX is unable or would incur a materially increased cost, as determined by GTJAFX in its sole and absolute discretion, after using commercially reasonable efforts, to (a) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the price risk of GTJAFX entering into and performing its obligations with respect to or in connection with the FX Transactions, or (b) realise, recover or remit the proceeds of any such transaction(s) or asset(s).

Appears in 1 contract

Samples: Client Agreement for Foreign Exchange Trading

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