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

  • 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.

  • This is an important provision which makes international standards of human rights part of the Constitution.

  • 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 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’.

  • GE Americom, where technically and operationally feasible, will preempt Preemptible Transponders 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 EHC to select the transponder or transponders to be discontinued or suspended, EHC 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 EchoStar to select the transponder or transponders to be discontinued or suspended, EchoStar will make such selection in Reverse Contract Order.

  • 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).

  • 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.

  • The home has an orientation program for all new staff and annual mandatory infection control education augments staffs’ existing knowledge.

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.

  • 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.

  • 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;

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Key Sub-Contract means each Sub-Contract with a Key Sub-Contractor;

  • 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.

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