Common use of Profit or Loss Clause in Contracts

Profit or Loss. 4.1. If the Range Spreads Underlying Asset’s Price is below the maximum Potential Price and above the minimum Potential Price (referred to as “In the Range”), during the time period from Start Time to Expiry Time (referred to as “During the Range”), which together are referred to as the “Boundaries”, a Potential Return can be achieved. The amount of your Potential Return on your Range Spreads Contract can be calculated as follows: Potential Return= 𝑇ℎ𝑒 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑎𝑣𝑎𝑖𝑙𝑎𝑏𝑙𝑒 𝑃𝑟𝑖𝑐𝑒𝑠 𝑏𝑜𝑡ℎ “𝐼𝑛 𝑡ℎ𝑒 𝑅𝑎𝑛𝑔𝑒” 𝑋 𝑡ℎ𝑒 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑃𝑟𝑖𝑐𝑒𝑠 “𝐷𝑢𝑟𝑖𝑛𝑔 𝑡ℎ𝑒 𝑅𝑎𝑛𝑔𝑒” 𝑑𝑖𝑣𝑖𝑑𝑒𝑑 𝑏𝑦 𝑡ℎ𝑒 𝑡𝑜𝑡𝑎𝑙 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑃𝑟𝑖𝑐𝑒𝑠 “𝐷𝑢𝑟𝑖𝑛𝑔 𝑡ℎ𝑒 𝑅𝑎𝑛𝑔𝑒”

Appears in 5 contracts

Samples: Client Agreement, November 2022, Client Agreement

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