Contingent Liability Transaction definition

Contingent Liability Transaction means a transaction that involves any actual or potential liability for you that may exceed the cost of initially acquiring an investment.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Contingent Liability Transaction means a derivatives transaction under the terms of which the client will or may be liable to make future payments (other than charges, and whether or not secured by margin).

Contingent Liability Transaction means a transaction involving a derivative under the terms of which you will or may be liable to make further payments (other than charges, commission and tax) when the transaction falls to be completed or on the earlier closing out of the transaction;

Examples of Contingent Liability Transaction in a sentence

• In addition, the Contingent Liability Transaction issue will not be considered under the settlement, mediation or arbitration procedures under Notice 2001-67 (LMSB/Appeals Fast Track Dispute Resolution Program), 2001-2 C.B. 544; Announcement 2002-60 (Extension of Test of Arbitration Procedure for Appeals), 2002-26 I.R.B. 28; and Rev.

• To the extent the Taxpayer, in support of its Final Offer, argues under section 357(b) that the liabilities assumed by the transferee in the Contingent Liability Transaction should not be considered as money received by the Taxpayer on the exchange, the Arbitrator must take into account the burden of proof standard as stated in section 357(b)(2).

• If your portfolio contains a Contingent Liability Transaction where the actual or potential liability has not been offset (or “covered”) by another transaction, we will notify you of any Losses that exceed any predetermined threshold agreed with you.

• A selected Arbitrator who has represented or currently represents a promoter or investor in a Contingent Liability Transaction, or whose firm has done so, is not neutral and, therefore, will be ineligible to serve as an arbitrator in a proceeding under this revenue procedure.

More Definitions of Contingent Liability Transaction

Contingent Liability Transaction a Derivatives transaction under which the Client may be liable to make further payments; "Contract for Differences" a contract relating to fluctuations in an index, price or other factor, as defined in regulation 85, Financial Services and Markets ▇▇▇ ▇▇▇▇ (Regulated Activities) Order 2001;

Contingent Liability Transaction means a Derivatives transaction under the terms of which the Client will or may be liable to make further payments (other than charges, and whether or not secured by margin) when the

Contingent Liability Transaction means a Transaction under the terms of which you will or may be liable to make further payments or deliveries either when the Transaction is completed or when the Transaction is closed out (see the definition of “Close Out” above) early.

Contingent Liability Transaction means any transaction resulting in any actual or potential liability that exceeds the cost of acquiring a Financial Instrument.