TRADABLE AMOUNTS Clause Samples
The "Tradable Amounts" clause defines the minimum or specific quantities of a financial instrument or asset that can be traded under an agreement. In practice, this clause sets thresholds for transaction sizes, ensuring that trades occur in standardized lots or above a certain value, which can help maintain market liquidity and operational efficiency. By establishing clear parameters for what constitutes a tradable amount, the clause prevents disputes over partial or non-standard trades and streamlines the execution process.
TRADABLE AMOUNTS. So long as the Covered Bonds are represented by a Global Covered Bond and [Euroclear Bank SA/NV/Clearstream Banking S.A./The Depository Trust Company/[●]] so permit, the Global Covered Bond shall be tradable in minimum principal amounts of [€100,000]/[specify equivalent to €100,000 if Global Covered Bond not denominated in euro] and integral multiples of [●] (the "Tradable Amount") in addition thereto.
TRADABLE AMOUNTS. 0090662-0000130 ICM:32418081.
