Termination of a CFD Contract Sample Clauses

Termination of a CFD Contract. 13.1. You acknowledge that FP Markets may terminate a CFD (apart from any other right to terminate) if: (a) the Reference Asset ceases to be able to be traded on a relevant market or is subject to a trading suspension or trading halt for a period of more than two (2) Business Days; (b) an Adjustment Event occurs and FP Markets determines that it is not reasonably practicable to make an adjustment to the terms of a CFD under this Schedule; (c) the relevant Hedge Contract, or FP Markets’ rights under the relevant Hedge Contract or in respect of the relevant Reference Asset, are Closed Out, suspended or terminated by the Hedge Counterparty (which may occur automatically under the terms of any agreement between FP Markets and the Hedge Counterparty); or (d) FP Markets considers, acting reasonably, that the Hedge Counterparty or issuer of the Reference Asset may not be able to meet its obligations to FP Markets under the terms of the Hedge Contract or Reference Asset or other contracts between FP Markets and the issuer of the Reference Asset or the Hedge Counterparty; or (d) you fail to maintain your Maintenance Margin for that CFD. 13.2. If FP Markets terminates a CFD under clause 13.1 or otherwise, FP Markets will determine a termination value, payable by FP Markets to you or by you to FP Markets, which FP Markets considers appropriate, acting reasonably, and having regard to the circumstances of termination, the value (if any) of the Reference Asset and the position as between FP Markets and the Hedge Counterparty in respect of the Hedge Contract. The termination will take effect at the time determined by FP Markets. It is agreed as follows:
View SourceView Similar (5)
Termination of a CFD Contract. 13.1. You acknowledge that ZERO Securities Pty Ltd may terminate a CFD (apart from any other right to terminate) if: (a) the Reference Asset ceases to be able to be traded on a relevant market or is subject to a trading suspension or trading halt for a period of more than two (2) Business Days; (b) an Adjustment Event occurs and ZERO Securities Pty Ltd determines that it is not reasonably practicable to make an adjustment to the terms of a CFD under this Schedule; (c) the relevant Hedge Contract, or ZERO Securities Pty Ltd ’ rights under the relevant Hedge Contract or in respect of the relevant Reference Asset, are Closed Out, suspended or terminated by the Hedge Counterparty (which may occur automatically under the terms of any agreement between ZERO Securities Pty Ltd and the Hedge Counterparty); or (d) ZERO Securities Pty Ltd considers, acting reasonably, that the Hedge Counterparty or issuer of the Reference Asset may not be able to meet its obligations to ZERO Securities Pty Ltd under the terms of the Hedge Contract or Reference Asset or other contracts between ZERO Securities Pty Ltd and the issuer of the Reference Asset or the Hedge Counterparty; or (d) you fail to maintain your Maintenance Margin for that CFD. 13.2. If ZERO Securities Pty Ltd terminates a CFD under clause 13.1 or otherwise, ZERO Securities Pty Ltd will determine a termination value, payable by ZERO Securities Pty Ltd to you or by you to ZERO Securities Pty Ltd , which ZERO Securities Pty Ltd considers appropriate, acting reasonably, and having regard to the circumstances of termination, the value (if any) of the Reference Asset and the position as between ZERO Securities Pty Ltd and the Hedge Counterparty in respect of the Hedge Contract. The termination will take effect at the time determined by ZERO Securities Pty Ltd. It is agreed as follows:
View SourceView Similar (4)

Related to Termination of a CFD Contract

  • Termination of Contract The Department may terminate the Contract for refusal by the Contractor to comply with this section by not allowing access to all public records, as defined in Chapter 119, F. S., made or received by the Contractor in conjunction with the Contract.

  • Termination of Contracts Neither the Company nor any of its Subsidiaries has sent or received any communication regarding termination of, or intent not to renew, any material contract or agreement referred to or described in the Registration Statement, the Pricing Disclosure Package and the Final Prospectus or filed as an exhibit to the Registration Statement, and no such termination or non-renewal has been threatened by the Company or any of its Subsidiaries or by any other party to any such contract or agreement.

  • Termination of a Subcustodian The Custodian may, at any time in its discretion upon notification to the appropriate Fund(s), terminate any Subcustodian of such Fund(s) in accordance with the termination provisions under the applicable subcustodian agreement, and upon the receipt of Special Instructions, the Custodian will terminate any Subcustodian in accordance with the termination provisions under the applicable subcustodian agreement.

  • Termination of the Contract 1. The Contractor may terminate the contract if the Partner has inadequately discharged or failed to discharge any of the contractual obligations, insofar as this is not due to force majeure, after notification of the Partner by registered letter has remained without effect for one month. 2. The Partner shall immediately notify the Contractor, supplying all relevant information, of any event likely to prejudice the performance of this contract.

  • Termination of Access Once this Agreement ends, by early termination or otherwise, the Licensor may terminate access to the Licensed Materials by Licensee, Participating Institutions and Authorized users, subject to Section XII, below. In addition, authorized copies of Licensed Materials made by Authorized Users may be retained for educational purposes and used subject to the terms of this Agreement.