Reference Currency Seller definition

Reference Currency Seller means, in respect of a Non-Deliverable Transaction, the party agreed between you and us as such and specified as such in the related Confirmation or, if none is specified, the party which owes (or would have owed if the Transaction were a Deliverable Transaction) the Reference Currency on the Settlement Date;

Reference Currency Seller means in relation to ForexClear NDF Contract, the partyspecified as the ‘Reference Currency Seller’ in the Economic Terms

Reference Currency Seller means in relation to ForexClear Contract that is a Non-Deliverable FX Transaction, the party specified as the ‘Reference Currency Seller’ in the Economic Terms

Examples of Reference Currency Seller in a sentence

• The term "Reference Currency Seller" means, in respect of an FX Contract, the Clearing House if the Clearing Member who is party to that FX Contract (or its Customer) was the Reference Currency Buyer under the corresponding FX Transaction, or the Clearing Member who (or whose Customer) was party to the corresponding FX Transaction as Reference Currency Seller.

• The term "Reference Currency Buyer" means, in respect of an FX Contract, the Clearing House if the Clearing Member who is party to that FX Contract (or its Customer) was the Reference Currency Seller under the corresponding FX Transaction, or the Clearing Member who (or whose Customer) was party to the corresponding FX Transaction as Reference Currency Buyer.

• These Economic Terms are: Trade Date, Reference Currency, Reference Currency Notional Amount, Notional Amount or Forward Rate (one or both of these terms may be specified), Reference Currency Buyer, Reference Currency Seller, Settlement Currency, Valuation Date, Settlement Date, and Settlement.

• Reference Currency Seller: As specified in the Transaction Details Confirmation.

• The term "Reference Currency Seller" means, in respect of an FX Contract, the Clearing House if the Clearing Member who is party to that FX Contract (or its Customer) was the Reference Currency Buyer under the corresponding FX Transaction, or the Clearing Memberwho (or whose Customer) was party to the corresponding FX Transaction as Reference Currency Seller.

More Definitions of Reference Currency Seller

Reference Currency Seller means, in respect of a Transaction, the party specified as such in the relevant Confirmation on if such a party is not specified, the party which owes (or would have owed if the Transaction were a Deliverable Transaction) the Reference Currency on the Settlement Date.

Reference Currency Seller means: (A) in relation to a ForexClear NDF Contract, the

Reference Currency Seller means, in relation to a Non-Deliverable FX Transaction, the Party specified as such for the transaction.

Reference Currency Seller. As specified in the Transaction Details Confirmation. Settlement Currency: USD Settlement Date: As specified in the Transaction Details Confirmation; provided, however, that if the Scheduled Valuation Date is adjusted in accordance with the Following Business Day Convention, then the Settlement Date shall be as soon as practicable after the Valuation Date, but in no event later than two Business Days after such date. Settlement: Non-Deliverable.