Common use of Termination of an Option Contract or Forward Contract Clause in Contracts

Termination of an Option Contract or Forward Contract. In the event of a Termination Event, AFEX may, without notice, immediately terminate the relevant Option Contract or Forward Contract and/or any other outstanding Option Contract or Forward Contract agreed to between the Parties without any liability to AFEX or its representatives and/or take any other steps AFEX deems appropriate, including any actions contemplated in this Agreement to mitigate the potential Loss(es). In the event of such a Termination Event, Client agrees to pay to AFEX on demand within five

Appears in 7 contracts

Samples: Account Application and Agreement, Account Application and Agreement, Account Application and Agreement

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