Common use of Execution of Order Clause in Contracts

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.1. AFEX determines, in good faith and in its sole discretion, that such Order was not authorised by Client or a User; 2.4.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.3. Client is Insolvent or in default of the Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 3 contracts

Sources: Account Application and Agreement, Account Application and Agreement, Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.12.3.1. AFEX determines, in good faith and in its sole discretion, that such Order is unclear or was not authorised authorized by Client or a User; 2.4.22.3.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.32.3.3. Client is Insolvent or in default breach of the this Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.42.3.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 2 contracts

Sources: Account Application and Agreement, Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.12.3.1. AFEX determines, in good faith and in its sole discretion, that such Order is unclear or was not authorised by Client or a User; 2.4.22.3.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.32.3.3. Client is Insolvent or in default breach of the this Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.42.3.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 1 contract

Sources: Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.1. AFEX determines, in good faith and in its sole discretion, that such Order is unclear or was not authorised by Client or a UserClient; 2.4.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.3. Client is Insolvent or in default breach of the this Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 1 contract

Sources: Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.1. AFEX determines, in good faith and in its sole discretion, that such Order was not authorised by Client or a UserClient; 2.4.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.3. Client is Insolvent or in default of the Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 1 contract

Sources: Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.13.4.1. AFEX determines, in good faith and in its sole discretion, that such Order was not authorised by Client or a User; 2.4.23.4.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.33.4.3. Client is Insolvent or in default of the Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.43.4.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 1 contract

Sources: Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.12.3.1. AFEX determines, in good faith and in its sole discretion, that such Order is unclear or was not authorised authorized by Client or a User; 2.4.22.3.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.32.3.3. Client is Insolvent or in default of the this Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.42.3.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 1 contract

Sources: Business Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.1. AFEX determines, in good faith and in its sole discretion, that such Order is unclear or was not authorised authorized by Client or a UserClient; 2.4.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.3. Client is Insolvent or in default breach of the this Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 1 contract

Sources: Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.1. AFEX determines, in good faith and in its sole discretion, that such Order is unclear or was not authorised authorized by Client or a UserClient; 2.4.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.3. Client is Insolvent or in default of the this Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 1 contract

Sources: Personal Account Application and Agreement

Execution of Order. Any Order received from Client will be acted upon on a commercially reasonable efforts basis only. There is no guarantee by AFEX that an Order can or will be filled or that instructions provided can or will be acted upon. AFEX may reject any Order if: 2.4.13.4.1. AFEX determines, in good faith and in its sole discretion, that such Order was not authorised by Client or a UserClient; 2.4.23.4.2. AFEX determines, in its sole discretion, that the Order may be contrary to law, contrary to prudent business practices, outside AFEX’s risk profile, or would require AFEX to exceed the Facility granted to Client; 2.4.33.4.3. Client is Insolvent or in default of the Agreement or AFEX determines, in its sole discretion, that it may not receive payment from Client in Settlement of the related Order; or 2.4.43.4.4. The Order is unclear, incorrect, incomplete or unsatisfactory to AFEX for any reason.

Appears in 1 contract

Sources: Account Application and Agreement