Close Out definition

Close Out means the termination, cancellation, liquidation, acceleration, or other similar action with respect to all transactions under one or more Contracts.
Close Out means the entering into of a Contract equal and opposite to a Contract previously entered into (and each matching a Client Contract) to create a level position in relation to the Assets underlying the Contracts, or in relation to the Contracts themselves, and fix the amount of profit or loss arising from such Contracts and the corresponding Client Contracts;
Close Out means the process for Final Completion of the Project, but also includes the requirements for the DSA Certification that the Project is Complete (See DSA Certification Guide). See Article 13.16.

Examples of Close Out in a sentence

  • The Close Out Summary is a high-level written summary report for Citizens’ Contract Manager, and will address: (a) the validation of findings acquired during the Team Development Plan; and, (b) distribution of materials provided or developed by Vendor for Citizens during the Coaching Assignment.

  • We may alter the Margin Close Out Level applicable to your Account at any time without any prior notice.

  • If the Account equity is still below the Close Out Level after that, the Platform(s) will close out the position showing the next biggest loss.

  • Except as otherwise specified in a Purchase Order, each Coaching Assignment will have a six (6) month duration and will include Coaching Plan Development, Coaching to the Plan, and Close Out as detailed in this Agreement.

  • If your Account balance is well below the margin requirement, established by us in accordance with Clause 4.1 at a level established by us and notified to you (the “Close Out Level”) positions will be automatically closed-out by VICTORIAN MONEY LIMITED using the Platform(s) to bring the Account above the Close Out Level.


More Definitions of Close Out

Close Out means any action we may take to close out, cover or reduce our exposure in relation to the relevant Contract including any action we reasonably consider appropriate in the circumstances;
Close Out means reversing a Trade in the circumstances set out in Clause 22 or otherwise pursuant to this Agreement.
Close Out means the process and plan prepared by Contractor that properly prepares the Project for turnover from Contractor to Owner, as set forth in Section 4.13 of these General Conditions.
Close Out means, in relation to any Leveraged FX Contract, a Leveraged FX Contract deemed to be a closed out contract under the relevant Market Requirements and/or the entering into by CGS-CIMB of a second Leveraged FX Contract on identical terms to the first, except that:
Close Out or “Closing Out” means, in relation to an FX Contract, to close out, unwind, cancel or otherwise terminate.
Close Out means the process for Final Completion of the Project, but also includes the requirements for the DSA Certification that the Project is Complete (See DSA Certification Guide). (See Article 9.9)
Close Out means the reconciliation of receipts and use of all Fuel Assistance and ECIP funds by Vendor. It is Vendor’s responsibility to keep this information by Eligible Household and provide it to MaineHousing upon request.