Opening transactions Clause Samples

Opening transactions. (a) In order to enter into a Transaction, you must place a Buy Order or a Sell Order, at the price quoted by the Electronic Trading Platform at the time of such Transaction. (b) The Electronic Trading Platform will provide a list of price and quantity pairs at which we are either willing to buy or sell each Reference Asset traded on the Electronic Trading Platform (Quotation). Orders for Transactions can only be accepted during the Trading Hours specified for each Reference Asset. You acknowledge that, upon placing a Buy Order or closing out a Sell Order, you may only do so on the basis of the Quotation provided by the Electronic Trading Platform in relation to the Reference Asset. You further acknowledge that by placing a Sell Order or closing a Buy Order, you may only do so at the price quoted by the Electronic Trading Platform, for the sale or purchase of such Reference Asset. (c) On the Electronic Trading Platform, you shall be entitled to make an Order to open a Transaction at the best available price on the Electronic Trading Platform at the time of opening such a Transaction, unless you specify a particular price in which to make such Order. With respect to a Market Order, the price at which a Transaction is completed may not always be at the exact rate displayed when the Order is submitted. You agree that your offer to open a Market Order may be accepted at a lower price or higher price than the price indicated by you in your Market Order, within a certain range as specified on the Electronic Trading Platform from time to time. (d) If you choose to open a Market Order, your offer will be accepted at the best possible price offered on the Electronic Trading Platform. (e) Placing an Order does not guarantee that a Transaction will be entered by us, or will be entered into by us into under the exact same terms that exist when the Order is placed. (f) Similarly, with respect to a Limit Order, the price at which a Transaction is completed may not always be at the exact price displayed when the Order is submitted but will not be executed at a price which is less advantageous to you. (g) When a Transaction is opened on the Electronic Trading Platform which is a CFD, we enter into a contract for the difference between the value of a Reference Asset as specified on the Electronic Trading Platform at the time of opening a Transaction, and the value of such Reference Asset at the time of closing the Transaction. You acknowledge and agree that you are not enti...
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Related to Opening transactions

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.

  • Processing Transactions 2 2.1 Timely Pricing and Orders.................................... 2 2.2

  • Recurring Transactions If you intend to use the Card for recurring transactions, you should monitor your Available Balance and ensure you have funds available in your Card Account to cover the transactions. “Recurring transactions” are transactions that are authorized in advance by you to be charged to your Card at substantially regular intervals. We are not responsible if a recurring transaction is declined because you have not maintained a sufficient Available Balance in your Card Account to cover the transaction. If these recurring transactions may vary in amount, the person you are going to pay should tell you, 10 days before each payment, when it will be made and how much it will be. (You may choose instead to get this notice only when the payment would differ by more than a certain amount from the previous payment, or when the amount would fall outside certain limits that you set.) If you have told us in advance to make regular payments (i.e., Recurring Transactions) from your Card Account, you can stop the payment by notifying us orally or in writing at least three (3) Business Days before the scheduled date of the transfer. If you call, we also may require you to put your request in writing and get it to us within 14 days after you call. If you order us to stop one of these payments three (3) Business Days or more before the transfer is scheduled, and we do not do so, we will be liable for your losses or damages. If you have authorized a merchant to make the recurring payment, you should also contact the applicable merchant in order to stop the transaction. Fraudulent Card Account Activity. We may block or cancel your Card Account if, as a result of our policies and procedures, we reasonably believe your Card Account is being used for fraudulent, suspicious or criminal activity or any activity that is inconsistent with this Agreement. We will incur no liability because of the unavailability of the funds that may be associated with your Card Account.

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.