Common use of Netting by Novation Clause in Contracts

Netting by Novation. Each Forex transaction between Customer and IB will immediately be netted with all then existing Forex transactions between Customer and IB for the same currencies to constitute one transaction. (ii)

Appears in 6 contracts

Samples: Customer Agreement (Global Indemnity LTD), Customer Agreement, Customer Agreement

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Netting by Novation. Each Forex transaction between Customer and IB UK will immediately be netted with all then existing Forex transactions between Customer and IB UK for the same currencies to constitute one transaction. (ii)

Appears in 4 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Netting by Novation. Each Forex transaction between Customer and IB will immediately be netted with all then then-existing Forex transactions between Customer and IB for the same currencies to constitute one transaction. (ii)

Appears in 1 contract

Samples: Customer Agreement

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