Common use of Right to Convert Realized Loss or Profit to Base Currency Clause in Contracts

Right to Convert Realized Loss or Profit to Base Currency. Where a Close Out Order results in Realized Loss or Realized Profit in a currency other than your Account’s Base Currency, you authorize OANDA to convert such Realized Loss or Realized Profit into your Account’s Base Currency at OANDA’s prevailing exchange Rate at the time such Close Out Order is executed at OANDA’s fxTrade server.

Appears in 5 contracts

Samples: Customer Agreement, Fxtrade Customer Agreement, Fxtrade Customer Agreement

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Right to Convert Realized Loss or Profit to Base Currency. Where a Close Out Order results in Realized Loss or Realized Profit in a currency other than your Account’s Base Currency, you authorize OANDA to convert such Realized Loss or Realized Profit into your Account’s Base Currency at OANDA’s prevailing exchange Exchange Rate at the time such Close Out Order is executed at OANDA’s fxTrade server.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

Right to Convert Realized Loss or Profit to Base Currency. Where Unless the Customer direct otherwise with respect to any specific Delivery, where a Close Out Order results in Realized Loss or Realized Profit in a currency other than your Account’s Base Currency, you authorize OANDA to convert such Realized Loss or Realized Profit into your Account’s Base Currency at OANDA’s prevailing exchange Exchange Rate at the time such Close Out Order is executed at OANDA’s fxTrade Trading System server.

Appears in 1 contract

Samples: Customer Agreement

Right to Convert Realized Loss or Profit to Base Currency. Where Unless the Customer direct otherwise with respect to any specific Delivery, where a Close Out Order results in Realized Loss or Realized Profit in a currency other than your Account’s Base Currency, you authorize OANDA to convert such Realized Loss or Realized Profit into your Account’s Base Currency at OANDA’s prevailing exchange Exchange Rate at the time such Close Out Order is executed at OANDA’s fxTrade server.

Appears in 1 contract

Samples: Customer Agreement

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Right to Convert Realized Loss or Profit to Base Currency. Where a Close Out Order results in Realized Loss or Realized Profit in a currency other than your Account’s Base Currency, you authorize OANDA to convert such Realized Loss or Realized Profit into your Account’s Base Currency at OANDA’s prevailing currency exchange Rate at the time such Close Out Order is executed at OANDA’s fxTrade server.

Appears in 1 contract

Samples: Fxtrade Customer Agreement

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