Trade Acceptance Sample Clauses

Trade Acceptance. The applicable trade acceptance methodology for purposes of Section 4(c) of the Agreement shall be [choose one]: [ ] Upon satisfaction of the applicable conditions specified in Section 4(a), a Counterparty Transaction shall be deemed accepted by Prime Broker (an “Accepted Transaction”). Prime Broker shall have no obligation to notify Dealer of its acceptance of a Counterparty Transaction. [ ] Upon satisfaction of the applicable conditions specified in Section 4(a), a Counterparty Transaction shall be deemed accepted by Prime Broker (an “Accepted Transaction”). Prime Broker shall have no obligation to notify Dealer of its acceptance of a Counterparty Transaction; provided, however, that if Prime Broker does not notify Dealer of its acceptance or rejection of a Counterparty Transaction within a period equal to the Number of Hours of Prime Broker’s receipt of Dealer Notice, such Counterparty Transaction shall be deemed accepted by Prime Broker on the basis of the Material Terms set forth in Dealer Notice, subject to (a) the satisfactory resolution between Designated Party and Dealer of any mismatch between Dealer Notice and the Designated Party Notice and (b) the applicable conditions set forth in Section 4(a) having otherwise been met. [ ] Upon satisfaction of the applicable conditions specified in Section 4(a), a Counterparty Transaction shall be deemed accepted by Prime Broker (an “Accepted Transaction”). If Prime Broker does not notify Dealer of its acceptance or rejection of a Counterparty Transaction within a period equal to the Number of Hours of Prime Broker’s receipt of Dealer Notice, such Counterparty Transaction shall be deemed accepted by Prime Broker on the basis of the Material Terms set forth in Dealer Notice. Number of Hours for purposes of Part 5: [specify if applicable]_______
Sample 1
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Trade Acceptance. Section 4(c) of the Agreement provides that the trade acceptance provisions selected in Part 5 of the Schedule will be applicable. These provisions determine whether the Prime Broker has any additional notification obligations that affect whether Counterparty Transactions will become Accepted Transactions. Part 5 contains three alternatives, each of which addresses the Prime Broker’s notification obligations with respect to Accepted Transactions. Importantly, each alternative provides that upon satisfaction of the applicable conditions specified in Section 4(a), a Counterparty Transaction shall be deemed accepted by the Prime Broker. This provision clarifies that if the Section 4(a) conditions are satisfied, the Counterparty Transaction must become an Accepted Transaction regardless of whether any notice is given by the Prime Broker. As a result, the Dealer has the contractual agreement of the Prime Broker that if those conditions are satisfied it will have a binding transaction between it and the Prime Broker. For that reason, the notice provisions set forth in these alternatives only affect those Counterparty Transactions that do not satisfy the Section 4(a) conditions and which would not otherwise be Accepted Transactions. Parties should select one of the three alternative provisions to apply in their Agreement, as the Agreement does not contain any fallback provision that specifies when a Counterparty Transaction is deemed accepted by a Prime Broker in this case. The first alternative provides that the Prime Broker does not have an obligation to notify the Dealer of its acceptance of a Counterparty Transaction. However, Prime Brokers and Dealers often develop practices outside of the give-up agreements between them regarding how the Prime Broker notifies the dealer of its acceptance of transactions. These practices, which can involve use of the confirmation process, are not restricted by electing this first alternative. The second alternative also provides that the Prime Broker does not have an obligation to notify the Dealer of its acceptance of a Counterparty Transaction. In addition, it adds that if the Prime Broker does not notify the Dealer of its acceptance or rejection of a Counterparty Transaction within the specified Number of Hours after receipt of the Dealer Notice, the Counterparty Transaction is deemed accepted by the Prime Broker based on the Material Terms included in the Dealer Notice if the applicable conditions set forth in Section 4(...
Sample 1
Trade Acceptance. The engineering services performed for Buyer resulting in items (“Deliverables”) delivered have to be taken over by Xxxxx, even if they have insignificant defects. The acceptance test shall be carried out by Buyer within fifteen (15) days, as of date of delivery and are subject to the delivery contract as of clause 1 above of this Terms. Should the take-over be delayed by reason of circumstances outside COYEROs responsibility, the written communication of readiness for dispatch by COYERO to Buyer shall be considered the date of delivery. In default of any written communication of inability to take delivery by Xxxxx within the time for taking delivery, the engineering services shall be deemed accepted. The criteria for acceptance or refusal shall be the specifications or test conditions jointly agreed upon or the delivery contract effective at the moment of placing of order.
Sample 1
Trade Acceptance. DriveWealth is not obligated to accept an order from Introducing Firm. We may, at our discretion, refuse to accept an order and/or refuse to execute a trade, including if we deem such action necessary to remain compliant with Applicable Law or if we determine, in our discretion, that there is a reasonable risk-based justification for doing so.
Sample 1

Related to Trade Acceptance

  • PRODUCT ACCEPTANCE Unless otherwise provided by mutual agreement of the Authorized User and the Contractor in the Authorized User Agreement, Authorized User(s) shall have sixty (60) days from the date of delivery to accept all Product. Where the Contractor is responsible for installation, acceptance shall be from completion of installation. Title or other property interest and risk of loss shall not pass from Contractor to the Authorized User until the Products have been accepted. Failure to provide notice of acceptance or rejection or a deficiency statement to the Contractor by the end of the period provided for under this clause constitutes acceptance by the Authorized User(s) as of the expiration of that period. The License Term shall be extended by the time periods allowed for trial use, testing and acceptance unless the Commissioner or Authorized User agrees to accept the Product at completion of trial use. Unless otherwise provided by mutual agreement of the Authorized User and the Contractor, Authorized User shall have the option to run testing on the Product prior to acceptance, such tests and data sets to be specified by User. Where using its own data or tests, Authorized User must have the tests or representative set of data available upon delivery. This demonstration will take the form of a documented installation test, capable of observation by the Authorized User, and shall be made part of the Contractor’s standard documentation. The test data shall remain accessible to the Authorized User after completion of the test. In the event that the documented installation test cannot be completed successfully within the specified acceptance period, and the Contractor or Product is responsible for the delay, Authorized User shall have the option to cancel the order in whole or in part, or to extend the testing period for an additional thirty

  • Card Acceptance MERCHANT agrees to accept American Express Cards in accordance with the terms of this Agreement and agrees to adhere to the American Express Operating Regulations and the American Express OptBlue Program Merchant Requirements, which are both incorporated herein by reference and made a part hereof for all purposes, and are also available at xxx.xxxxxxxxxxxxxxx.xxx/xxxxxxxxxxxxx. MERCHANT ACKNOWLEDGES THAT IT MAY CHOOSE NOT TO ACCEPT AMERICAN EXPRESS CARDS AT ANY TIME DURING THE TERM OF THIS AGREEMENT AND SUCH ACTION DOES NOT DIRECTLY NOR INDIRECTLY AFFECT MERCHANT’S RIGHTS TO ACCEPT ANY OTHER PAYMENT CARD. MERCHANT acknowledges that it is the MERCHANT’s sole obligation to ensure that it possesses the most current version of the American Express Operating Regulations and the American Express OptBlue Program Merchant Requirements as they are amended from time to time.

  • Order Acceptance All orders are subject to acceptance only at Seller’s facility in Farmington, Connecticut. These Terms of Sale shall be deemed accepted by Buyer upon Seller’s receipt of Purchase Order from Buyer. No condition stated by Buyer shall be binding upon Seller if in conflict with, inconsistent with or in addition to the Terms of Sale, unless expressly accepted in a writing signed by Seller. In the event of conflict or differences in the terms or conditions of Buyer’s Purchase Order and the Terms of Sale herein, the Terms of Sale shall govern.

  • CONTRACT ACCEPTANCE By acceptance of this order, Xxxxxx agrees that the scope of the work required is understood by Xxxxxx; that there are no informal commitments by Buyer that in any way affect the work under this order; that there are no open or unresolved issues related to this order except as explicitly stated herein; and that Xxxxxx therefore understands and agrees that this order states the complete agreement of the parties. COST ACCOUNTING STANDARDS (CAS) CAS requirements do not apply if the order does not exceed $650,000 or if the Seller claims an exemption per the Proposal Representation and Certification, or if certified cost or pricing data was not provided.

  • Engagement; Acceptance The Issuer engages Xxxxxxx Fixed Income Services LLC to act as the Asset Representations Reviewer for the Issuer. Xxxxxxx Fixed Income Services LLC accepts the engagement and agrees to perform the obligations of the Asset Representations Reviewer on the terms in this Agreement.

  • Payment Not Acceptance Payment of any progress payment or final payment shall not constitute acceptance of Work that is defective or otherwise fails to conform to the Agreement, or a waiver of any rights or remedies the Department may have with respect to defective or nonconforming Work.

  • STATE ACCEPTANCE All insurance providers are subject to Agency acceptance. If requested by Agency, Grantee shall provide complete copies of insurance policies, endorsements, self-insurance documents and related insurance documents to Agency’s representatives responsible for verification of the insurance coverages required under this Exhibit C. Additional Coverages That May Apply:

  • ACKNOWLEDGEMENT AND ACCEPTANCE I acknowledge receipt of this User Agreement. I understand and accept all terms and conditions of this User Agreement, and I will comply with the terms and conditions of this agreement and any additional VA warning banners, directives, handbooks, notices, or directions regarding access to or use of information systems or information. The terms and conditions of this document do not supersede the terms and conditions of the signatory’s employer and VA. Print or type your full name Signature Last 4 digits of SSN Date Office Phone Position Title Contractor’s Company Name

  • Grantee Acceptance Grantee shall signify acceptance of the terms and conditions of this Agreement by signing in the space provided at the end hereof and returning a signed copy to the Company.

  • Notice of Acceptance Notice of each Offeree’s intention to accept, in whole or in part, any Offer made shall be evidenced by a writing signed by such Offeree and delivered to the Company prior to the end of the 20-day period of such offer, setting forth such of the Offeree’s Basic Amount as such Offeree elects to purchase and, if such Offeree shall elect to purchase all of its Basic Amount, such Undersubscription Amount as such Offeree shall elect to purchase (the “Notice of Acceptance”). If the Basic Amounts subscribed for by all Offerees are less than the total Offered Securities, then each Offeree who has set forth Undersubscription Amounts in its Notice of Acceptance shall be entitled to purchase, in addition to the Basic Amounts subscribed for, all Undersubscription Amounts it has subscribed for; provided, however, that should the Undersubscription Amounts subscribed for exceed the difference between the Offered Securities and the Basic Amounts subscribed for (the “Available Undersubscription Amount”), each Offeree who has subscribed for any Undersubscription Amount shall be entitled to purchase only that portion of the Available Undersubscription Amount as the Undersubscription Amount subscribed for by such Offeree bears to the total Undersubscription Amounts subscribed for by all Offerees, subject to rounding by the Board of Directors to the extent it reasonably deems necessary.

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