Common use of Termination of FX Conversion Clause in Contracts

Termination of FX Conversion. We may terminate a FX Conversion at any time: (a) if you fail to pay to us any part of the Holding Amount required from you or you communicate an intention not to pay such amount; (b) if you communicate an intention not to be bound by the terms of an FX Conversion or to default under the terms of an FX Conversion; (c) if you suffer an Insolvency Event or if in our reasonable opinion there is an adverse change in your financial position; (d) if you have not made a required payment by the Settlement Cut-Off time; (e) if you breach this Agreement (including because you have defaulted on your obligations in connection with any other FX Conversion or Payment) or any Additional Terms; or (f) if required by Applicable Law.

Appears in 12 contracts

Samples: Payout and Fx Terms, Payout and Fx Terms, Payout and Fx Terms

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