Common use of Where the Seller Clause in Contracts

Where the Seller. or the Buyer becomes obliged under clause 4.1. above, to make a Margin Transfer, it shall transfer Cash Margin or Margin Securities or Equivalent Margin Securities within the following time periods, unless otherwise agreed: (a) by the end of the same Business Day if notice is given prior to 9 a.m. (UTC); or (b) by the end of the next Business Day, if notice is given after 9 a.m. (UTC).

Appears in 4 contracts

Samples: Terms of Business, Terms of Business, Terms of Business

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