Forex Transaction definition

Forex Transaction means any transaction involving the purchase and sale of foreign currencies for spot or forward delivery or a currency option in the inter-bank market.
View Source
Forex Transaction means a foreign exchange transaction entered into as a result of a Utilisation of the Revolving Credit Facility.
View Source
Forex Transaction means a foreign exchange transaction entered into as a Utilisation of the Revolving Credit Facility. GAAP means generally accepted accounting principles in the United Kingdom.
View Source

Examples of Forex Transaction in a sentence

  • The Company will, on the Final Repayment Date, pay (or procure payment) to Burdale in full all outstanding and unpaid liabilities under the Finance Documents (whether by way of principal, interest, commission, fees, costs, expenses or otherwise) and shall pay to Burdale such amount as is necessary to provide full cash collateral for Outstanding Purchase Price and any contingent obligations which Burdale may have in respect of any L/C, Forex Transaction or other outstanding Utilisation.

  • Each Facility Company assumes all risks for, and agrees to pay, all foreign and local taxes, duties and levies relating to any transaction pursuant to the Forex Transactions or any documents, drafts or financial information relating to such Forex Transaction.

  • Each Facility Company releases and holds Burdale harmless from and against any acts, waivers, errors, delays or omissions, whether caused by such Facility Company, by any counterparty or otherwise with respect to or relating to any Forex Transaction.

  • You are required to settle your obligations in full on the balance date of each Forex Transaction, without any set-off or other deduction.

  • If the Agent makes any payment (i) pursuant to or in respect of any L/C or (ii) upon the maturity of any Forex Transaction, then (and in each such case) the Obligor for whose account such payment was made shall be deemed on the date of such payment to have received the proceeds of a Utilisation.

  • Each Obligor agrees to assume all risks associated with any Forex Transaction entered into at its request.

  • Each Facility Company assumes all risks with respect to the acts or omissions of any counterparty to any Forex Transaction and for such purposes the counterparty will be deemed such Facility Company's agent.

  • Accordingly each Obligor shall on demand indemnify each Finance Party against any cost, loss, liability or expense which a Finance Party may suffer or incur as a result of or in connection with the conclusion, execution or performance of any Forex Transaction.

  • The Client remains responsible for any Forex Transaction executed at prices that differ from his Order.

  • Each Facility Company assumes all risks with respect to the acts or omissions of any counterparty to any Forex Transaction and for such purposes the counterparty will be deemed such Facility Company’s agent.


More Definitions of Forex Transaction

Forex Transaction. The sale and purchase of foreign currency.
View Source
Forex Transaction means purchase or sale of the currency of one nation with that of another. Foreign exchange rates refer to the number of units of one currency needed to purchase one unit of another or the value of one currency in terms of
View Source
Forex Transaction. - means any foreign exchange transaction (excluding "spot" transactions i.e. transactions with a settlement period not exceeding 48 (forty eight) hours), including any future or forward transaction, in a foreign currency or in the basket of currencies, currency swap transaction, cross-currency swap transaction, currency option or other similar transaction (including any option with respect thereto and any combination in respect thereof);
View Source

Related to Forex Transaction

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • M&A Transaction means any acquisition, directly or indirectly, by a Project Holdco, whether by purchase, merger or otherwise, of all or substantially all of the assets of, all or a portion of the Equity Interests of, or a business line or unit or a division of, any Person.

  • SPAC Transaction means a transaction or series of related transactions by merger, consolidation, share exchange or otherwise of the Company with a publicly traded “special purpose acquisition company” or its subsidiary (collectively, a “SPAC”), immediately following the consummation of which the common stock or share capital of the SPAC or its successor entity is listed on the Nasdaq Stock Market, the New York Stock Exchange or another exchange or marketplace approved by the Board of Directors, including a majority of the Preferred Directors.

  • FX Transaction means any transaction for the purchase by one party of an agreed amount in one Currency against the sale by it to the other party of an agreed amount in another Currency.

  • Acquisition Transaction means any transaction or series of transactions involving: