Forwards Clause Samples

Forwards. The lamp(s) may move in line with the steering angle.

Forwards. Transactions in forwards involve the obligation to make, or to take, delivery of the underlying asset of the contract at a future date, or in some cases to settle your position in cash without delivery of the underlying asset. The seller of a forward contract must deliver the agreed price which can be considerably below the then market price in the case of rising prices. The purchaser of a forward contract on the other hand must accept delivery at the agreed price in the case of falling prices. In both cases, the risk lies in the difference between the agreed price and the market price. This risk is not determinable in advance and can exceed any collateral provided.

Forwards. Forward currency contracts could be used to hedge against currency risk that has resulted from assets held by the Fund that are not in the Base Currency. The Fund, may, for example, use forward currency contracts by selling forward a foreign currency against the Base Currency to protect the Fund from foreign exchange rate risk that has arisen from holding assets in that currency.

Forwards. Risks. You acknowlqdgq and agrqq that you qxprqssly accqpt thq risks associatqd with Forward noting that thq valuq of thq currqnciqs in a Forward may changq bqtwqqn thq datq of thq Transaction and thq Sqttlqmqnt Cut- off Timq.

Forwards. While futures and forward contracts are both a contract to deliver a commodity on a future date, key differences include:

Forwards. A forward contract is a customized OTC contract between two parties, where settlement takes place on a specific date in the future at today's pre-agreed price.

Forwards. A forward contract is an agreement made today between a buyer and seller to exchange the commodity or instrument for cash at a predetermined future date at a price agreed upon today. The agreed upon price is called the ‘forward price’. With a forward market the transfer of ownership occurs on the spot, but delivery of the commodity or instrument does not occur until some future date. In a forward contract, two parties agree to do a trade at some future date, at a stated price and quantity. No money changes hands at the time the deal is signed. For example, a wheat farmer may wish to contract to sell their harvest at a future date to eliminate the risk of a change in prices by that date. Such transaction would take place through a forward market. Forward contracts are not traded on an exchange, they are said to trade over the counter (OTC). The quantities of the underlying asset and terms of contract are fully negotiable. The secondary market does not exist for the forward contracts and faces the problems of liquidity and negotiability.

Forwards. Answer-to-Question-_6 1) Ring fencing in oil and gas contracts refers to treatment of oil and gas projects separately in terms of commercial and tax treatment such that the profits or losses of one project are not combined with other projects or businesses of the oil and gas company in a particular jurisdiction. Ring fencing may apply to particular oil blocks/fields covered under different licenses or onshore v offshore oil fields and in some cases different business activities in the value chain for example, upstream activities are not combined with midstream or downstream activities. Ring fencing applies in both tax and concession regimes as well PSA regimes. i) The tax implications of ring fencing on Oil & gas companies include: a) Tax losses - The company is unable to offset exploration and drilling costs in an early stage project against profits in other later stage projects and in the event that a particular project does not reach commercial production/viability then those losses are effectively irrecoverable. This also applies in PSAs whereby the carryforward cost oil cannot be offset against profit oil in other projects.

Forwards