Reverse Contract definition

Reverse Contract means in relation to any Leveraged FX Contract (the “underlying Contract”), the Leveraged FX Contract having the same Maturity date as the underlying Contract, which provides for the delivery by one party to the other of the amount of the currency due to be delivered by the second mentioned party to the first mentioned party under the underlying Contract for the purpose of discharging in whole or in part the obligations to deliver the currency under the underlying Contract.
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Reverse Contract means, in relation to any FX Contract (the “underlying FX Contract”), an FX Contract having the same Maturity Date as the underlying FX Contract, which provides for the delivery by one party to the other of the amount of the currency due to be delivered by the second mentioned party to the first mentioned party under the underlying FX Contract for the purpose of discharging in whole or in part the obligations to deliver the currency under the underlying FX Contract.
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Examples of Reverse Contract in a sentence

  • 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).

  • Notwithstanding the foregoing, any service being provided to the United States Government or any department or agency thereof, whether directly or indirectly, may be deemed, in SES’s sole discretion, to have a higher priority than Customer in the Reverse Contract Order.

  • If it becomes necessary to discontinue or suspend service on one or more transponders on the Satellite, and operational circumstances allow SES Americom to select the transponder or transponders to be discontinued or suspended, SES Americom will make such selection in Reverse Contract Order, without distinction, for purposes of this Section, between the Satellite's C-band and Ku-band payloads.

  • A: undisturbed lagoon sample; B: between the mixer and the pump; C: after the pump; D: after 150 m of 150 mm pipe.sludge all mounted on a raft.

  • If it becomes necessary to discontinue or suspend service on one or more transponders on the Satellite, and operational circumstances allow EchoStar to select the transponder or transponders to be discontinued or suspended, EchoStar will make such selection in Reverse Contract Order.

  • If it becomes necessary to discontinue or suspend service on one or more transponders on the Satellite, and operational circumstances allow GECEL to select the transponder or transponders to be discontinued or suspended, GECEL will make such selection in Reverse Contract Order.

  • A large number of technicians are encouraged to work in the countryside.Deconstruct ‘Interest Community’- Reverse Contract Model.Now I would like to elaborate more on the ‘Reverse Contract Model’ in order to present the process of science communication under ‘Interest Community’.

  • If it becomes necessary to discontinue or suspend service on one or more transponders on the Satellite, and operational circumstances allow GE Americom to select the transponder or transponders to be discontinued or suspended, GE Americom will make such selection in Reverse Contract Order, without distinction for purposes of this Section, between the Satellite's C-band and Ku-band payloads.

  • GECEL shall attempt to restore Customer's Transponder ------------------ once should it become a Transponder Failure by utilizing any available Replacement Transponder on the Satellite on a first-needed, first-served basis; provided, that if restoration of more than one transponder on the Satellite is required as a result of a single event or simultaneous event, access to Replacement Transponders shall be granted in Contract Order (defined as the opposite order from Reverse Contract Order).

  • The first metric allows us to quan- tify the performance as perceived by the end-users, while the second and third metrics quantify the network traffic cost.We set the learning rate to η = 0.7, the duration of the exploration phase to Nr = 50 chunks, and the duration of the exploitation phase to Nr = 100 chunks.

Related to Reverse Contract

  • Lease contract means the total legal obligation that results from the lease agreement as affected by this article and any other applicable rules of law. Unless the context clearly indicates otherwise, the term includes a sublease contract.

  • Engineer-In-Charge (EIC means the Engineer officer authorised to direct, supervise and be In-charge of the works for the purpose of this contract who shall supervise and be in charge of the work.

  • reverse charge ’ means the liability to pay tax by the recipient of supply of goods or services or both instead of the supplier of such goods or services or both under sub-section (3) or sub-section (4) of section 9, or under sub-section (3) or sub-section (4) of section 5 of the Integrated Goods and Services Tax Act;

  • Engineer-in-charge means the officer nominated by the company in the Civil Engineering cadreI discipline who is competent to direct supervisors and authorised to be in charge of the works for the purpose of this contract. The Engineer in Charge IDesignated Officer in Charge who is of an appropriate seniority, will be responsible for supervising and administering the contract, certifying payments due to the contractor, valuing variations to the contract, awarding extension of time and valuing compensation events. The Engineer in Charge IDesignated Officer in Charge may further appoint his representatives i.e. another personIProject Manager or any other competent person and notify to the contractor who is directly responsible for supervising the work being executed at the site, on his behalf under their Delegation of Powers of the company. However, overall responsibility, as far as the contract is concerned ,will be that of the Engineer in ChargeIDesignated Officer in Charge.

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Purchase Contract means, with respect to any Unit, the contract forming a part of such Unit and obligating the Company to (i) sell, and the Holder of such Unit to purchase, shares of Common Stock and (ii) pay the Holder thereof Contract Adjustment Payments, in each case on the terms and subject to the conditions set forth in Article 5 hereof.

  • Defects Liability Expiry Certificate means the certificate to be issued by the Client to the Contractor, in accordance with the Contract.

  • Excluded Liability means any liability that is excluded under the Bail-In Legislation from the scope of any Bail-In Action including, without limitation, any liability excluded pursuant to Article 44 of the Bank Recovery and Resolution Directive.

  • Original Contract means the initial contract or price agreement solicited and awarded during a cooperative procurement by an administering contracting agency.

  • Charter contract or "contract" means a fixed-term, renewable contract