Examples of Leveraged FX Contract in a sentence
The party from whom a net amount is due under any Leveraged FX Contract must (unless CGS-CIMB specifies otherwise) pay such amount to the other party with value as of the Maturity date of such Leveraged FX Contract.
Taxes 9.1 The Client is responsible for all taxes (local or foreign) that may arise in relation to a Leveraged FX Contract, whether under current law or practice or otherwise.
Each obligation of CGS-CIMB to make payment or delivery in respect of a Leveraged FX Contract is subject to the condition precedent that no Event of Default or event that, with the giving of notice or the lapse of time or both, would be an Event of Default has occurred and is continuing in respect of the Client.
Extraordinary Events If there occurs in relation to any Leveraged FX Contract an Extraordinary Event, CGS-CIMB shall have the sole discretion to determine any adjustments or action necessary in relation to such Leveraged FX Contract or any or all Leveraged FX Contracts or otherwise to an Account or Accounts in view of the Extraordinary Event.
If DAFS does not agree to rollover all or part of a Leveraged FX Contract, then DAFS may by entering into a Reverse Contract or Reverse Contracts close out the Leveraged FX Contract (or part thereof).
The party from whom a net amount is due under any Leveraged FX Contract must (unless DAFS specifies otherwise) pay such amount to the other party with value as of the maturity date of such Leveraged FX Contract.
The applicable exchange rate under such Leveraged FX Contract shall be as determined by CGS-CIMB at the time the Leveraged FX Contract is entered into.
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If there occurs in relation to any Leveraged FX Contract an Extraordinary Event, CGS-CIMB shall have the sole discretion to determine any adjustments or action necessary in relation to such Leveraged FX Contract or any or all Leveraged FX Contracts or otherwise to an Account or Accounts in view of the Extraordinary Event.
Extraordinary Events If there occurs in relation to any Leveraged FX Contract an Extraordinary Event, DAFS shall have the sole discretion to determine any adjustments or action necessary in relation to such Leveraged FX Contract or any or all Leveraged FX Contracts or otherwise to an Account or Accounts in view of the Extraordinary Event.