Forward Agreement definition

Forward Agreement means a Capacity Management Agreement (entered into following the issue of a Tender Invitation Notice) pursuant to which a User surrenders Firm NTS Entry Capacity to National Grid NTS over a forward period of days (but, for the avoidance of doubt, shall not include an agreement made pursuant to the provisions of paragraph 2.10);

Forward Agreement means a commitment made to buy or sell a currency, commodity or security on a specific day in the future at a specified price. The terms of the contract are agreed upon when the commitment is made. Forward agreements are traded through an over-the-counter telephone or computer network.

Forward Agreement means a cash contract in which two parties agree to the exchange of an asset to be delivered by the seller to the buyer at a specific future date;

Examples of Forward Agreement in a sentence

• Each Forward Agreement has a remaining term to maturity at any point in time of less than five years which, with the consent of the ETF and the applicable Forward Counterparty, will be extended annually for a fixed number of years and, provided no default or event of default and no unresolved hedging event or disruption event has occurred and is con- tinuing, the ETF has the ability to request the termination of its exposure under a Forward Agreement, in whole or in part, at any time.

• Each Forward Agreement with a Counterparty in which the ETF is provided with exposure that corresponds positively with the exposure to the Underlying Index requires the ETF to pay the Counterparty an agreed notional amount.

• The credit riskrelated to any one Forward Agreement is concentrated in the Forward Counterparty to that particular Forward Agreement.

• Each Forward Agreement with a Counterparty in which the ETF is provided with expo- sure that corresponds negatively with the exposure to the Underlying Index requires the Counterparty to pay the ETF an agreed notional amount.

• The ETF, to the best of its ability, hedges all of its foreign currency exposure back to the Canadian dollar as part of any Forward Agreement (see note 9) so that it has no net foreign currency exposure.

More Definitions of Forward Agreement

Forward Agreement means a private agreement contract that is not a futures contract between two parties to buy or sell a commodity or financial instrument at a designated future date at a price agreed upon at the initiation of the contract by the buyer and seller.

Forward Agreement means one or more forward purchase and sale agreements between the Fund and the Counterparty, as such agreements may be amended from time to time.

Forward Agreement means any agreement (including, but not limited to, any accelerated share repurchase agreement, forward agreement, derivative or other share repurchase agreement in the form of an equity option or forward or other derivative) pursuant to which, among other things, the counterparty is required to deliver to the Borrower shares of common stock of the Borrower, cash in lieu of delivering shares of common stock or cash representing the termination value of such forward or option or a combination thereof from time to time upon settlement, exercise or early termination of such forward or option or other derivative.

Forward Agreement means one or more forward share purchase agreements providing for the purchase of Brookfield Shares at a date in the future.

Forward Agreement means one or more forward share purchase agreements providing for the purchase of Brookfield Shares or securities exchangeable into Brookfield Shares at a date in the future.

Forward Agreement means an agreement with a third party whereby the third party agrees to:

Forward Agreement. ’ means one or more forward purchase agreements entered into by the Fund with a Counterparty.