{"component": "clause", "props": {"groups": [{"samples": [{"hash": "6AmWSbfBjuv", "uri": "/contracts/6AmWSbfBjuv#cfd", "label": "Client Agreement", "score": 25.6255989049, "published": true}, {"hash": "5srxltbrf1Q", "uri": "/contracts/5srxltbrf1Q#cfd", "label": "Client Agreement", "score": 25.5557837098, "published": true}], "size": 2, "snippet_links": [{"key": "demo-accounts", "type": "clause", "offset": [47, 60]}, {"key": "opening-a-trade", "type": "clause", "offset": [74, 89]}, {"key": "the-client", "type": "definition", "offset": [91, 101]}, {"key": "the-asset", "type": "clause", "offset": [112, 121]}, {"key": "trading-period", "type": "clause", "offset": [235, 249]}, {"key": "specified-period", "type": "definition", "offset": [301, 317]}, {"key": "trading-operations", "type": "clause", "offset": [333, 351]}, {"key": "not-available", "type": "definition", "offset": [406, 419]}, {"key": "working-days", "type": "clause", "offset": [462, 474]}, {"key": "asset-exchange", "type": "definition", "offset": [516, 530]}, {"key": "the-trading-platform", "type": "clause", "offset": [588, 608]}, {"key": "at-the-time", "type": "clause", "offset": [791, 802]}, {"key": "calculating-the-amount-of", "type": "clause", "offset": [927, 952]}, {"key": "the-commission", "type": "clause", "offset": [953, 967]}, {"key": "account-currency", "type": "definition", "offset": [1026, 1042]}, {"key": "order-of", "type": "clause", "offset": [1187, 1195]}, {"key": "in-the-event-of-a", "type": "clause", "offset": [1259, 1276]}, {"key": "stop-loss", "type": "definition", "offset": [1414, 1423]}, {"key": "closing-of-a", "type": "definition", "offset": [1511, 1523]}, {"key": "received-on", "type": "clause", "offset": [1777, 1788]}, {"key": "time-of-closing", "type": "clause", "offset": [1859, 1874]}, {"key": "the-current", "type": "clause", "offset": [1889, 1900]}, {"key": "the-selected", "type": "clause", "offset": [1910, 1922]}], "snippet": "3.2.1. The CFD mechanics are available only on Demo Accounts.\n3.2.2. When opening a Trade, the Client indicates the Asset, the amount of the Client's investment in the Trade, the Multiplier, and the direction of chart movement.\n3.2.3. Trading period: Monday 07:00 UTC to Friday 21:00 UTC. Outside the specified period, conducting of Trading Operations, including opening new and closing current Trades, is not available using the CFD mechanics. If holidays (non-working days) fall during the specified period on the Asset exchange, Trading Operations with that Asset are not conducted on the Trading Platform.\n3.2.4. Earnings on a Trade are calculated using the following formula: Amount of the Client's investment in the Trade x the Multiplier x (closing Quote / opening Quote - 1).\n3.2.5. At the time of opening a Trade, a commission in the amount of 0.02% of the Trade Volume is debited from the Client's Demo Account. When calculating the amount of the commission, it is always rounded up to the nearest tenth in the Demo Account currency.\n3.2.6. When using the CFD mechanics, the Client can have no more than 15 (Fifteen) Trades open at the same time.\n3.2.7. The Trade is closed by order of the Client or automatically. A Trade is closed automatically: \u2014in the event of a negative financial result for the Trade before its closing reaching 95% of the amount of the Client's investment in the Trade (technical Stop Loss); \u2014after 15 (Fifteen) days from the time of opening the Trade.\n3.2.8. If the automatic closing of a Trade (clause 3.2.7) falls during a time when execution of Trading Operations in the CFD mechanics for the Asset of the Trade is not being implemented on the Trading Platform, the Trade is closed immediately after the Quote of the Asset of the Trade is received on the Trading Platform during the next trading period.\n3.2.9. If at the time of closing of the Trade, the current Quote of the selected Asset is higher than its Quote at the time of opening of the Trade, the Trade is considered profitable if the selected direction of the Trade is \u201cup.\u201d If at the time of closing of the Trade, the current Quote of the selected Asset is lower than its Quote at the time of opening of the Trade, the Trade is considered profitable if the selected direction of the Trade is \"down.\"\n3.2.10. The Loss on a Trade when using the CFD mechanics cannot exceed 100% of the amount of the Client's investment in the Trade.", "hash": "2a7ba0b2d4a3182f2a1dab62a384552f", "id": 1}, {"samples": [{"hash": "2AJP3nn63ce", "uri": "/contracts/2AJP3nn63ce#cfd", "label": "Joint Community Facilities Agreement", "score": 28.1583710899, "published": true}, {"hash": "1jpTjzHJmAE", "uri": "/contracts/1jpTjzHJmAE#cfd", "label": "Joint Community Facilities Agreement", "score": 23.1704312115, "published": true}], "size": 2, "snippet_links": [{"key": "applicant-shall", "type": "clause", "offset": [6, 21]}, {"key": "indemnify-and-hold-harmless", "type": "clause", "offset": [30, 57]}, {"key": "employees-and-agents", "type": "definition", "offset": [89, 109]}, {"key": "all-claims", "type": "clause", "offset": [136, 146]}, {"key": "court-costs", "type": "definition", "offset": [188, 199]}, {"key": "reasonable-attorneys", "type": "definition", "offset": [204, 224]}, {"key": "resulting-from", "type": "definition", "offset": [248, 262]}, {"key": "arising-out-of", "type": "definition", "offset": [267, 281]}, {"key": "recital-a", "type": "definition", "offset": [318, 327]}, {"key": "the-authorization", "type": "clause", "offset": [336, 353]}, {"key": "taxes-and", "type": "clause", "offset": [377, 386]}, {"key": "issuance-of-bonds", "type": "clause", "offset": [391, 408]}, {"key": "city-facilities", "type": "definition", "offset": [435, 450]}, {"key": "administration-of-the", "type": "clause", "offset": [456, 477]}, {"key": "the-bonds", "type": "clause", "offset": [486, 495]}, {"key": "issued-by", "type": "definition", "offset": [496, 505]}, {"key": "continuing-disclosure", "type": "clause", "offset": [606, 627]}, {"key": "related-to", "type": "clause", "offset": [628, 638]}, {"key": "expenses-of", "type": "clause", "offset": [658, 669]}], "snippet": "Owner/Applicant shall defend, indemnify and hold harmless City, its officers, directors, employees and agents, from and against any and all claims, losses, liabilities, damages, including court costs and reasonable attorneys' fees by reason of, or resulting from, or arising out of the CFD proceedings as described in Recital A hereto, the authorization of the levy of special taxes and the issuance of bonds by the CFD to finance the City Facilities, the administration of the CFD and the bonds issued by the CFD, the levy of special taxes by the CFD and the issuance of bonds by the CFD, and initial and continuing disclosure related to such bonds and all expenses of investigating and defending against same.", "hash": "fa2dd9b641acb41f71f811935fef9118", "id": 2}, {"samples": [{"hash": "f1B1ANhaErn", "uri": "/contracts/f1B1ANhaErn#cfd", "label": "Development Agreement", "score": 28.5424633844, "published": true}, {"hash": "8uAMZCdoirr", "uri": "/contracts/8uAMZCdoirr#cfd", "label": "Development Agreement", "score": 28.4439181515, "published": true}], "size": 2, "snippet_links": [{"key": "community-facilities-district", "type": "definition", "offset": [2, 31]}, {"key": "maintenance-of-the", "type": "clause", "offset": [46, 64]}, {"key": "the-agreement", "type": "clause", "offset": [106, 119]}], "snippet": "A Community Facilities District (CFD) for the maintenance of the Park, as described in Section 5.3.1.3 of the Agreement, has been created.", "hash": "5eccb9af64da0ef3d1eb206bd600dbd1", "id": 3}, {"samples": [{"hash": "kZqLnrxl4cn", "uri": "/contracts/kZqLnrxl4cn#cfd", "label": "Water, Sewer and Recycled Water Infrastructure Agreement", "score": 28.1992767358, "published": true}], "size": 2, "snippet_links": [{"key": "the-project", "type": "clause", "offset": [0, 11]}, {"key": "boundaries-of-the", "type": "clause", "offset": [34, 51]}, {"key": "pursuant-to-the-act", "type": "clause", "offset": [81, 100]}, {"key": "purpose-of-financing", "type": "clause", "offset": [109, 129]}, {"key": "public-improvements", "type": "definition", "offset": [130, 149]}, {"key": "entered-into", "type": "clause", "offset": [220, 232]}, {"key": "transfer-of", "type": "definition", "offset": [263, 274]}, {"key": "infrastructure-agreement", "type": "clause", "offset": [307, 331]}, {"key": "dated-as-of", "type": "definition", "offset": [332, 343]}, {"key": "joint-community-facilities-agreement", "type": "clause", "offset": [402, 438]}, {"key": "in-accordance-with", "type": "definition", "offset": [457, 475]}, {"key": "to-the-extent", "type": "clause", "offset": [504, 517]}, {"key": "with-respect-to", "type": "clause", "offset": [585, 600]}, {"key": "elements-of-this-agreement", "type": "clause", "offset": [601, 627]}, {"key": "dealing-with", "type": "clause", "offset": [628, 640]}, {"key": "special-tax-revenues", "type": "definition", "offset": [807, 827]}, {"key": "will-provide", "type": "clause", "offset": [864, 876]}, {"key": "bond-proceeds", "type": "clause", "offset": [877, 890]}, {"key": "installation-of-the", "type": "clause", "offset": [936, 955]}, {"key": "a-portion", "type": "definition", "offset": [997, 1006]}, {"key": "available-to", "type": "definition", "offset": [1042, 1054]}, {"key": "notify-the", "type": "clause", "offset": [1185, 1195]}, {"key": "no-representation", "type": "clause", "offset": [1343, 1360]}, {"key": "proceeds-of-bonds", "type": "clause", "offset": [1370, 1387]}, {"key": "made-available", "type": "clause", "offset": [1392, 1406]}, {"key": "to-the-developer", "type": "clause", "offset": [1676, 1692]}, {"key": "obligation-to-provide", "type": "clause", "offset": [1911, 1932]}, {"key": "of-the-acquisition", "type": "clause", "offset": [1973, 1991]}, {"key": "developer-shall", "type": "clause", "offset": [2050, 2065]}, {"key": "the-bonds", "type": "clause", "offset": [2084, 2093]}, {"key": "construction-of", "type": "clause", "offset": [2121, 2136]}, {"key": "direction-and-supervision", "type": "clause", "offset": [2239, 2264]}, {"key": "the-authority", "type": "clause", "offset": [2275, 2288]}, {"key": "special-account", "type": "definition", "offset": [2557, 2572]}, {"key": "district-facilities", "type": "definition", "offset": [2579, 2598]}, {"key": "the-indenture", "type": "clause", "offset": [2633, 2646]}, {"key": "on-deposit", "type": "definition", "offset": [2694, 2704]}, {"key": "from-time-to-time", "type": "clause", "offset": [2932, 2949]}, {"key": "to-pay", "type": "clause", "offset": [2950, 2956]}, {"key": "to-reimburse", "type": "definition", "offset": [3042, 3054]}, {"key": "submission-of", "type": "clause", "offset": [3112, 3125]}, {"key": "written-request-of-the-district", "type": "definition", "offset": [3128, 3159]}, {"key": "the-parties-agree-that", "type": "clause", "offset": [3161, 3183]}, {"key": "by-the-developer", "type": "clause", "offset": [3211, 3227]}, {"key": "pursuant-to-this-agreement", "type": "clause", "offset": [3228, 3254]}, {"key": "supervision-of-the", "type": "clause", "offset": [3324, 3342]}, {"key": "in-a-timely-manner", "type": "definition", "offset": [3375, 3393]}, {"key": "requests-for-disbursements", "type": "clause", "offset": [3402, 3428]}, {"key": "the-requirements", "type": "clause", "offset": [3472, 3488]}, {"key": "responsible-for", "type": "clause", "offset": [3606, 3621]}, {"key": "no-responsibility", "type": "clause", "offset": [3725, 3742]}, {"key": "separate-property", "type": "definition", "offset": [3839, 3856]}, {"key": "by-the-district", "type": "clause", "offset": [3920, 3935]}, {"key": "ownership-interest", "type": "definition", "offset": [4014, 4032]}, {"key": "responsibility-for", "type": "clause", "offset": [4092, 4110]}, {"key": "the-operation", "type": "clause", "offset": [4111, 4124]}, {"key": "in-connection-with", "type": "clause", "offset": [4218, 4236]}, {"key": "the-issuance", "type": "clause", "offset": [4237, 4249]}, {"key": "agree-to", "type": "clause", "offset": [4432, 4440]}, {"key": "execute-and-deliver", "type": "clause", "offset": [4441, 4460]}, {"key": "and-agreements", "type": "definition", "offset": [4481, 4495]}, {"key": "counsel-to", "type": "clause", "offset": [4544, 4554]}, {"key": "interest-on", "type": "definition", "offset": [4569, 4580]}, {"key": "gross-income", "type": "clause", "offset": [4614, 4626]}, {"key": "internal-revenue-code-of-1986", "type": "definition", "offset": [4652, 4681]}], "snippet": "The Project is located within the boundaries of the CFD. The CFD was established pursuant to the Act for the purpose of financing public improvements and facilities as described in Exhibit E. The parties have previously entered into that certain Construction and Transfer of Water, Sewer and Recycled Water Infrastructure Agreement dated as of March 3, 2012 (the \u201c2012 Agreement\u201d), which constitutes a joint community facilities agreement with the District in accordance with Section 53316.2 of the Act. To the extent of any inconsistency between the 2012 Agreement and this Agreement with respect to elements of this Agreement dealing with the CFD, this Agreement shall be deemed supplemental to the 2012 Agreement. The CFD Improvements may be fully or partially financed with the CFD special tax bonds or special tax revenues.\n(a) It is anticipated that the CFD will provide bond proceeds to finance the acquisition, construction and installation of the CFD Facilities. If the CFD issues bonds, a portion of the proceeds of which are to be available to finance the acquisition, construction and installation of the CFD Facilities, the CFD Authority shall, or shall cause the CFD to, notify the Developer of the amount of such proceeds available for such purpose within 15 days of such proceeds becoming so available. The CFD Authority makes no representation that, if proceeds of bonds are made available to finance the acquisition, construction and installation of the CFD Facilities, such proceeds will be sufficient to finance the acquisition, construction and installation of all of the CFD Facilities, and neither the CFD Authority nor the CFD shall have any liability to the Developer if such proceeds are insufficient for such purpose. If the CFD does not issue bonds to finance the acquisition, construction and installation of the CFD Facilities, neither the CFD Authority nor the CFD shall have any obligation to provide any amounts to finance or pay the costs of the acquisition, construction and installation of the CFD Facilities. The Developer shall apply proceeds of the bonds to the payment of costs of construction of any portion of the CFD Facilities only if such portion of the CFD Facilities is constructed under the direction and supervision, or under the authority of, the District or is constructed as if it had been constructed under the direction and supervision, or under the authority of, the District.\n(b) Bond proceeds available for the acquisition, construction and installation of the CFD Facilities shall be deposited in a special account (the \u201cDistrict Facilities Account\u201d) to be established under the Indenture pursuant to which the bonds are issued. Moneys on deposit in the District Facilities Account shall be invested and disbursed at the direction of the CFD. To the extent that moneys are available therein, the CFD shall cause disbursements to be made from the District Facilities Account from time to time to pay the costs of the acquisition, construction and installation of the CFD Facilities or to reimburse the Developer for such costs paid or incurred by it upon submission of a written request of the District. The parties agree that any facilities constructed by the Developer pursuant to this Agreement shall be deemed to have been constructed as if under the control and supervision of the District. The CFD shall process in a timely manner written requests for disbursements received from the District that conform to the requirements hereof. Such written request shall be conclusive as to the matters stated therein.\n(c) The Developer shall be solely responsible for the acquisition, construction and installation of the CFD Facilities, and the CFD Authority shall have no responsibility therefor or liability with respect thereto. The CFD Facilities shall be and remain the sole and separate property of the District and shall be operated, maintained and utilized by the District, upon dedication of said CFD Facilities. The CFD Authority shall not have any ownership interest in the CFD Facilities, and the CFD Authority shall have no responsibility for the operation, maintenance or utilization of the CFD Facilities or any liability with respect thereto.\n(d) In connection with the issuance of any bonds, a portion of the proceeds of which are to be made available to finance the acquisition, construction and installation of the CFD Facilities, the Developer and District agree to execute and deliver such certifications and agreements as may be reasonably required in order for bond counsel to conclude that interest on such bonds will be excluded from gross income under Section 103 of the Internal Revenue Code of 1986.", "hash": "c413f5a32de61f74fc0d56c91f5b1a9d", "id": 4}, {"samples": [{"hash": "14AnoR9n9r0", "uri": "/contracts/14AnoR9n9r0#cfd", "label": "Development Agreement", "score": 35.3713489182, "published": true}], "size": 1, "snippet_links": [{"key": "community-facilities-district", "type": "definition", "offset": [14, 43]}, {"key": "by-the-city", "type": "clause", "offset": [51, 62]}, {"key": "pursuant-to-the", "type": "clause", "offset": [63, 78]}, {"key": "cfd-act", "type": "definition", "offset": [79, 86]}], "snippet": "\u201cCFD\u201d means a community facilities district formed by the City pursuant to the CFD Act.", "hash": "c4ef62740fb5d4bddc2a394d3d523225", "id": 5}, {"samples": [{"hash": "jkiJlJFNMeR", "uri": "/contracts/jkiJlJFNMeR#cfd", "label": "Development Agreement", "score": 21.0, "published": true}], "size": 1, "snippet_links": [{"key": "community-facilities-district", "type": "definition", "offset": [14, 43]}, {"key": "article-iii", "type": "clause", "offset": [57, 68]}], "snippet": "CFD means the community facilities district described in Article III hereof.", "hash": "d8848ddffcb3d04688998a44ea8d9171", "id": 6}, {"samples": [{"hash": "dD3ZFDuxIMi", "uri": "/contracts/dD3ZFDuxIMi#cfd", "label": "Client Agreement", "score": 27.1615331964, "published": true}], "size": 1, "snippet_links": [{"key": "the-client-acknowledges", "type": "clause", "offset": [4, 27]}, {"key": "the-price", "type": "clause", "offset": [100, 109]}, {"key": "the-client-will", "type": "clause", "offset": [169, 184]}, {"key": "delivery-of", "type": "clause", "offset": [204, 215]}, {"key": "underlying-financial", "type": "definition", "offset": [248, 268]}, {"key": "other-interest", "type": "clause", "offset": [309, 323]}, {"key": "the-broker", "type": "clause", "offset": [337, 347]}, {"key": "cfd-trading", "type": "clause", "offset": [357, 368]}, {"key": "in-relation-to", "type": "clause", "offset": [405, 419]}, {"key": "financial-instruments", "type": "clause", "offset": [431, 452]}, {"key": "by-the-client", "type": "clause", "offset": [535, 548]}, {"key": "pursuant-to-the-terms", "type": "clause", "offset": [562, 583]}, {"key": "hedge-position", "type": "definition", "offset": [701, 715]}, {"key": "cfd-transaction", "type": "definition", "offset": [726, 741]}, {"key": "entering-into", "type": "clause", "offset": [761, 774]}, {"key": "a-third-party", "type": "clause", "offset": [800, 813]}, {"key": "financial-product", "type": "definition", "offset": [837, 854]}, {"key": "the-client-shall", "type": "clause", "offset": [917, 933]}, {"key": "open-positions", "type": "definition", "offset": [992, 1006]}, {"key": "from-time-to-time", "type": "clause", "offset": [1060, 1077]}, {"key": "notify-the", "type": "clause", "offset": [1078, 1088]}, {"key": "market-charges", "type": "definition", "offset": [1131, 1145]}, {"key": "principal-to-principal", "type": "clause", "offset": [1282, 1304]}, {"key": "no-fiduciary-duties", "type": "clause", "offset": [1418, 1437]}, {"key": "duty-of-good-faith", "type": "clause", "offset": [1445, 1463]}, {"key": "reasonable-care", "type": "clause", "offset": [1467, 1482]}, {"key": "except-as-specifically-and", "type": "clause", "offset": [1483, 1509]}, {"key": "to-the-client", "type": "clause", "offset": [1626, 1639]}, {"key": "relationship-between-the", "type": "clause", "offset": [1679, 1703]}, {"key": "own-due-diligence", "type": "clause", "offset": [1764, 1781]}, {"key": "independent-decision", "type": "definition", "offset": [1804, 1824]}, {"key": "each-case", "type": "definition", "offset": [1844, 1853]}, {"key": "based-on", "type": "clause", "offset": [1923, 1931]}, {"key": "own-judgment", "type": "clause", "offset": [1936, 1948]}, {"key": "other-advisers", "type": "clause", "offset": [2017, 2031]}, {"key": "necessary-and-appropriate", "type": "definition", "offset": [2052, 2077]}, {"key": "to-enter", "type": "definition", "offset": [2118, 2126]}, {"key": "the-transaction", "type": "clause", "offset": [2196, 2211]}, {"key": "proprietary-rights", "type": "definition", "offset": [2331, 2349]}, {"key": "in-certain-circumstances", "type": "clause", "offset": [2435, 2459]}, {"key": "not-limited", "type": "clause", "offset": [2475, 2486]}, {"key": "other-obligations", "type": "definition", "offset": [2577, 2594]}, {"key": "agrees-to", "type": "clause", "offset": [2699, 2708]}, {"key": "applicable-laws", "type": "definition", "offset": [2764, 2779]}, {"key": "where-relevant", "type": "clause", "offset": [2780, 2794]}, {"key": "sole-and-absolute-discretion", "type": "clause", "offset": [2838, 2866]}, {"key": "in-good-faith", "type": "definition", "offset": [2867, 2880]}, {"key": "provide-the", "type": "clause", "offset": [2882, 2893]}, {"key": "information-on", "type": "clause", "offset": [2906, 2920]}, {"key": "the-risks", "type": "clause", "offset": [3107, 3116]}, {"key": "related-to", "type": "clause", "offset": [3224, 3234]}, {"key": "terms-and-conditions-of", "type": "clause", "offset": [3239, 3262]}, {"key": "investment-advice", "type": "clause", "offset": [3307, 3324]}, {"key": "a-recommendation", "type": "definition", "offset": [3328, 3344]}, {"key": "other-advice", "type": "clause", "offset": [3622, 3634]}, {"key": "client-advice", "type": "definition", "offset": [3674, 3687]}, {"key": "on-the-merits", "type": "definition", "offset": [3688, 3701]}, {"key": "in-writing", "type": "clause", "offset": [3867, 3877]}, {"key": "subject-to", "type": "definition", "offset": [3950, 3960]}, {"key": "agreed-terms", "type": "definition", "offset": [3965, 3977]}, {"key": "between-the-parties", "type": "clause", "offset": [3978, 3997]}, {"key": "no-communication", "type": "clause", "offset": [4042, 4058]}, {"key": "entered-into", "type": "clause", "offset": [4139, 4151]}, {"key": "anticipated-results", "type": "clause", "offset": [4258, 4277]}], "snippet": "3.1 The Client acknowledges and agrees that:\n(a) trading in CFDs involves trading on the outcome of the price of a financial instrument (e.g. equity) or of an index and the Client will not be entitled to delivery of, or be required to deliver, the underlying financial instrument nor ownership thereof or any other interest therein;\n(b) the Broker conducts CFD trading with clients (including the Client) in relation to individual financial instruments and all CFD trades conducted are margined products unless specifically closed out by the Client or otherwise pursuant to the terms in this Schedule. The Client acknowledges that the Broker is entitled to but not obliged to hedge its own exposure (\u201cHedge Position\u201d) under a CFD Transaction with the Client by entering into with, or acquiring from, a third party or other instrument or financial product. The Client thus acknowledges that the Broker will charge and the Client shall pay such charge (\u201cinterest\u201d) with respect each of its CFD open positions of such amount and/or at such rate as the Broker may from time to time notify the Client and which rate may incorporate any market charges incurred by the Broker in relation to a Hedge Position;\n(c) all CFD Transactions are effected as between the Client and the Broker on a principal to principal basis and as such the Client further acknowledges and accepts the following:\n(i) that the Broker owes the Client no fiduciary duties or any duty of good faith or reasonable care except as specifically and expressly provided for in the terms under this Schedule;\n(ii) that the Broker is not acting as fiduciary or adviser to the Client, nor is there any fiduciary or adviser relationship between the Broker and the Client; and\n(iii) the Client will effect its own due diligence and will make its own independent decision and ensure that in each case a CFD Transaction is suitable, appropriate and proper for the Client based on its own judgment and upon advice from such legal, tax, regulatory, accounting and/or other advisers as the Client deems necessary and appropriate before the Client enters into or offers to enter into the same, the Client being fully aware that it is entering into the transaction on a strictly buyer beware basis;\n(d) notwithstanding that trading in CFDs does not give rise to the Client having any proprietary rights to the underlying financial instrument, the Client acknowledges that the Client may, in certain circumstances, including but not limited to provisions under the Malaysian Code on Take-Overs and Mergers 2016, have disclosure or other obligations as if the Client had effected a transaction to buy or sell the underlying financial instrument and thus agrees to abide by all disclosure or other obligations under any applicable laws where relevant;\n(e) that although the Broker will, in its sole and absolute discretion in good faith, provide the Client with information on actual and potential CFD Transactions, it is the Client's responsibility to ask the Broker for any explanations that the Client may require in order for it and/or its advisers to assess the risks attached to any such transaction and its suitability for the Client;\n(f) that information and explanations related to the terms and conditions of any CFD Transaction shall not be considered investment advice or a recommendation to enter into any CFD Transaction;\n(g) that the Client has not and shall not rely on any communication (written or oral) from the Broker as legal, tax, regulatory or accounting advice, nor (except as provided for under the next sub-section below) as investment or financial or other advice;\n(h) that the Broker is not giving the Client advice on the merits of any CFD Transaction or any particular aspect of it unless, in relation to a particular potential or actual CFD Transaction, the Broker has expressly acknowledged in writing that the Broker is doing so; and that where such advice is given, it is subject to any agreed terms between the parties for the giving of such advice; and\n(i) that no communication (written or oral) received from the Broker, whether before a CFD Transaction is entered into or before it is terminated or expires, shall be deemed to be an assurance, guarantee or opinion as to the anticipated results of any CFD Transaction.", "hash": "314e7a1b2349e5c07fc0c857e4abb655", "id": 7}, {"samples": [{"hash": "ivYf73fkBrW", "uri": "/contracts/ivYf73fkBrW#cfd", "label": "Purchase Agreement (Idec Pharmaceuticals Corp / De)", "score": 18.0, "published": true}], "size": 1, "snippet_links": [{"key": "buyer-agrees", "type": "clause", "offset": [0, 12]}, {"key": "seller-shall", "type": "clause", "offset": [18, 30]}, {"key": "the-right", "type": "clause", "offset": [36, 45]}, {"key": "after-the-closing", "type": "clause", "offset": [64, 81]}, {"key": "community-facilities-district", "type": "definition", "offset": [98, 127]}, {"key": "assessment-district", "type": "definition", "offset": [139, 158]}, {"key": "other-property", "type": "definition", "offset": [208, 222]}, {"key": "the-issuance", "type": "clause", "offset": [236, 248]}, {"key": "new-bonds", "type": "definition", "offset": [252, 261]}, {"key": "placement-of", "type": "definition", "offset": [273, 285]}, {"key": "improvement-district", "type": "definition", "offset": [335, 355]}, {"key": "formation-of", "type": "clause", "offset": [364, 376]}, {"key": "buyer-shall", "type": "clause", "offset": [591, 602]}, {"key": "in-connection-with", "type": "clause", "offset": [689, 707]}, {"key": "sale-of-bonds", "type": "clause", "offset": [750, 763]}, {"key": "will-apply-to", "type": "clause", "offset": [902, 915]}, {"key": "substantially-all", "type": "definition", "offset": [924, 941]}, {"key": "the-provisions-of-this", "type": "clause", "offset": [1026, 1048]}, {"key": "successor-purchaser", "type": "definition", "offset": [1097, 1116]}, {"key": "obligations-of", "type": "clause", "offset": [1205, 1219]}, {"key": "agreement-to-be-bound", "type": "definition", "offset": [1281, 1302]}, {"key": "third-party-beneficiary", "type": "clause", "offset": [1335, 1358]}, {"key": "notwithstanding-any-provision", "type": "clause", "offset": [1378, 1407]}, {"key": "contained-in", "type": "definition", "offset": [1408, 1420]}, {"key": "this-subsection", "type": "definition", "offset": [1421, 1436]}, {"key": "tax-assessment", "type": "clause", "offset": [1591, 1605]}, {"key": "creation-of-the", "type": "clause", "offset": [1649, 1664]}, {"key": "tax-rate", "type": "definition", "offset": [1751, 1759]}, {"key": "special-assessments", "type": "definition", "offset": [1773, 1792]}, {"key": "land-immediately", "type": "definition", "offset": [1820, 1836]}, {"key": "following-the", "type": "definition", "offset": [1837, 1850]}, {"key": "value-of-the-land", "type": "definition", "offset": [1951, 1968]}], "snippet": "Buyer agrees that Seller shall have the right, either before or after the Closing, to cause a new community facilities district or similar assessment district to be formed which encumbers the Land along with other property, or to cause the issuance of new bonds and/or the placement of new assessments under any existing assessment or improvement district. If the formation of such community facilities district or assessment district, or the issuance of new bonds and/or the placement of new assessments under any existing assessment or improvement district, occurs after the Closing, then Buyer shall execute (and cause its lenders, if any, to execute) any documents reasonably required in connection with the formation of such district and/or the sale of bonds by such district. Seller agrees that any new community facilities district or assessment district which Seller is instrumental in forming will apply to all, or substantially all, of the approximately four hundred (400) acres commonly referred to as Ocean Ranch. The provisions of this paragraph shall be binding on Buyer, and on any successor purchaser of the Land or any part thereof. Buyer shall notify any such successor purchaser of the obligations of this paragraph and obtain such successor purchaser's written agreement to be bound by the same with Seller being a third party beneficiary to such agreement. Notwithstanding any provision contained in this subsection (h) to the contrary, Buyer shall not be obligated to execute any documents as provided above if, as a result thereof, it is contemplated that the special tax assessment levied against the Land as a result of the creation of the aforesaid community facilities district or assessment district will cause the overall tax rate (regular and special assessments combined) imposed upon the Land immediately following the sale of bonds by such community facilities or assessment district to exceed two percent (2%) of the value of the Land and any improvements thereon.", "hash": "9b7c1baa2d8b88a45740344d968887e7", "id": 8}, {"samples": [{"hash": "bL5S5Gp2pmA", "uri": "/contracts/bL5S5Gp2pmA#cfd", "label": "Memorandum of Agreement", "score": 29.8810361311, "published": true}], "size": 1, "snippet_links": [{"key": "developer-shall", "type": "clause", "offset": [0, 15]}, {"key": "to-pay", "type": "clause", "offset": [28, 34]}, {"key": "annual-fee", "type": "clause", "offset": [38, 48]}, {"key": "per-year", "type": "definition", "offset": [88, 96]}, {"key": "to-the-city", "type": "definition", "offset": [97, 108]}, {"key": "payment-of-the", "type": "clause", "offset": [122, 136]}, {"key": "community-facilities-district", "type": "definition", "offset": [166, 195]}, {"key": "in-the-event", "type": "clause", "offset": [246, 258]}, {"key": "improvements-required", "type": "clause", "offset": [318, 339]}, {"key": "mitigation-measures", "type": "clause", "offset": [370, 389]}, {"key": "payments-of", "type": "clause", "offset": [461, 472]}, {"key": "on-or-before-the-completion-date", "type": "clause", "offset": [543, 575]}, {"key": "annual-installments", "type": "definition", "offset": [595, 614]}, {"key": "payment-by-developer", "type": "clause", "offset": [663, 683]}, {"key": "rate-of", "type": "clause", "offset": [710, 717]}, {"key": "per-annum", "type": "definition", "offset": [736, 745]}, {"key": "commencing-on-the", "type": "clause", "offset": [746, 763]}, {"key": "date-of", "type": "clause", "offset": [764, 771]}, {"key": "payment-failure", "type": "definition", "offset": [777, 792]}, {"key": "fully-paid", "type": "clause", "offset": [799, 809]}], "snippet": "Developer shall be required to pay an annual fee contribution in the amount of $160,000 per year to the City as a partial payment of the otherwise required City-Wide Community Facilities District (CFD No. 2018-01) (the \u201cCFD\u201d); provided, however, in the event Developer does not ultimately construct the infrastructure improvements required under the FEIR (including the mitigation measures specified therein), Developer shall be required to pay the full annual payments of $300,000 required under the CFD. The first such payment shall be made on or before the Completion Date, and therefter, in annual installments on the anniversary of such date. Any failure of payment by Developer, shall bear interest at a rate of ten percent (10%) per annum commencing on the date of such payment failure until fully paid.", "hash": "014070bcc3cad2177e90642abe2f6aa1", "id": 9}, {"samples": [{"hash": "2XNz6L6PoR4", "uri": "/contracts/2XNz6L6PoR4#cfd", "label": "Development Agreement", "score": 23.440010215, "published": true}], "size": 1, "snippet_links": [{"key": "costs-of", "type": "clause", "offset": [75, 83]}, {"key": "the-project", "type": "clause", "offset": [91, 102]}, {"key": "development-impact-fees", "type": "clause", "offset": [105, 128]}, {"key": "improvements-to-be-constructed-by-developer", "type": "clause", "offset": [143, 186]}, {"key": "in-lieu-of", "type": "clause", "offset": [187, 197]}, {"key": "payment-of", "type": "definition", "offset": [202, 212]}, {"key": "community-facilities-district", "type": "definition", "offset": [231, 260]}, {"key": "receipt-of", "type": "clause", "offset": [279, 289]}, {"key": "city-agrees-to", "type": "clause", "offset": [311, 325]}, {"key": "good-faith-efforts", "type": "definition", "offset": [342, 360]}, {"key": "actions-required", "type": "clause", "offset": [394, 410]}, {"key": "subject-to", "type": "definition", "offset": [439, 449]}, {"key": "all-applicable-laws", "type": "definition", "offset": [450, 469]}, {"key": "government-code", "type": "definition", "offset": [481, 496]}, {"key": "public-hearing", "type": "clause", "offset": [543, 557]}, {"key": "the-property", "type": "clause", "offset": [609, 621]}, {"key": "by-the-city", "type": "clause", "offset": [662, 673]}, {"key": "other-properties", "type": "definition", "offset": [679, 695]}, {"key": "retention-basin", "type": "definition", "offset": [722, 737]}, {"key": "to-fund", "type": "definition", "offset": [771, 778]}, {"key": "maintenance-of-the", "type": "clause", "offset": [806, 824]}, {"key": "construction-of-the", "type": "clause", "offset": [851, 870]}], "snippet": "Developer may elect to petition the City to finance all or portions of the costs of any of the Project\u2019s development impact fees or any public improvements to be constructed by Developer in lieu of the payment of such fees using a Community Facilities District (\u201cCFD\u201d). Upon the receipt of such a petition, the City agrees to use reasonable, good faith efforts to promptly proceed with all the actions required to authorize such financing subject to all applicable laws, including Government Code Sections 53311 to 53368.3, inclusive, and all public hearing and validation requirements. Developer agrees that the Property shall be included in a CFD to be formed by the City with other properties that benefit from the Bio-Retention Basin, including the Bayfront Project, to fund the on-going operation and maintenance of the Bio-Retention Basin after construction of the entire Bio-Retention Basin is completed.", "hash": "525b299d1efa7566bc0cedfb11494efb", "id": 10}], "next_curs": "CkwSRmoVc35sYXdpbnNpZGVyY29udHJhY3RzcigLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IgxjZmQjMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 16, "parents": [["definitions", "Definitions"], ["indemnification", "Indemnification"], ["mutual-agreement", "Mutual Agreement"], ["development", "DEVELOPMENT"], ["city-dif-and-cfd-payments", "City Dif and CFD Payments"]], "children": [["audit", "Audit"], ["sale-of-acquisition-improvements", "Sale of Acquisition Improvements"], ["estimated-cost-of-acquisition-improvements", "Estimated Cost of Acquisition Improvements"], ["letting-and-administering-construction-contracts-prevailing-wages", "Letting and Administering Construction Contracts: Prevailing Wages"], ["limitation-on-obligations", "Limitation on Obligations"]], "title": "CFD", "id": "cfd", "related": [["dewatering", "Dewatering", "Dewatering"], ["meminta-nasihat", "meminta nasihat", "meminta nasihat"], ["p\u0159etrv\u00e1vaj\u00edc\u00ed-platnost", "P\u0159etrv\u00e1vaj\u00edc\u00ed platnost", "P\u0159etrv\u00e1vaj\u00edc\u00ed platnost"], ["procurement-of-goods-and-services", "Procurement of Goods and Services", "Procurement of Goods and Services"], ["p\u0159etrvaj\u00edc\u00ed-platnost", "P\u0159etrvaj\u00edc\u00ed platnost", "P\u0159etrvaj\u00edc\u00ed platnost"]], "related_snippets": [], "updated": "2025-07-07T12:36:17+00:00", "also_ask": [], "drafting_tip": null, "explanation": "A CFD, or Contract for Difference, clause defines the terms under which parties agree to exchange the difference in value of a financial asset between the time the contract is opened and when it is closed. This clause typically outlines how profits or losses are calculated based on the price movements of the underlying asset, without requiring actual ownership or delivery of the asset itself. By specifying these mechanisms, the CFD clause enables parties to speculate on price changes while managing exposure and risk, providing a clear framework for settlement and reducing ambiguity in financial transactions."}, "json": true, "cursor": ""}}