Common use of Spot Contract Payments Clause in Contracts

Spot Contract Payments. You must initiate payment into our account of the full amount required to settle a Spot Contract on the day the Transaction becomes legally binding in accordance with clause 4. If we have not received the funds within 2 Business Days, we reserve the right to Close Out the Transaction in accordance with clause 9.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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Spot Contract Payments. You must initiate payment into our account of the full amount required to settle a Spot Contract into our designated account on the day the Transaction becomes legally binding in accordance with clause 4this Agree- ment. If we have do not received receive the funds within 2 two Business DaysDays from the day the Transaction became legally binding, we reserve the right to Close Out the Transaction in accordance with clause 9section 10.

Appears in 1 contract

Samples: Individual Client Agreement

Spot Contract Payments. You must initiate payment into our nominated account of the full amount required to settle a Spot Contract on the day the Transaction becomes legally binding in accordance with clause 4. If we have not received the funds within 2 Business Days72 hours, you will be in breach of your obligations under the Spot Contract and we reserve the right to Close Out Terminate the Transaction in accordance with clause 9Spot Contract/Transaction.

Appears in 1 contract

Samples: www.ofx.com

Spot Contract Payments. You must initiate payment into our account of the full amount required to settle a Spot Contract into our designated account on the day the Transaction becomes legally binding in accordance with clause 4this Agree- ment. If we have do not received receive the funds within 2 two Business DaysDays from the day the Transaction became legally binding, we reserve the right to Close Out the Transaction in accordance with clause section 9. 7.2 7.2.1 7.3 7.4 7.5 7.6 7.7 7.8 8.

Appears in 1 contract

Samples: Corporate Client Agreement

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Spot Contract Payments. You must initiate payment into our nominated account of the full amount required to settle a Spot Contract on the day the Transaction becomes legally binding in accordance with clause 4. If we have not received the funds within 2 Business Daysbusiness days, we reserve the right to Close Out the Transaction in accordance with clause 9.

Appears in 1 contract

Samples: Terms and Conditions

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