Direct Transactions definition

Direct Transactions means foreign exchange transactions, other than Indirect Transactions, between Prime Broker and a Client that are subject to the terms and conditions of the applicable Master Agreement.
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Examples of Direct Transactions in a sentence

  • Until IDT Transfers to the BP Parties such Performance Assurance, neither BP Party shall be required to enter into any new Direct Transactions or Credit-Enabled Transactions.

  • In determining the UMA Final Settlement Amount, (A) the non-terminating Party shall be deemed to be the Non-defaulting Party, and (B) the calculating Party shall include in the calculation of the UMA Final Settlement Amount only those Direct Transactions or Credit-Enabled Transactions that will be terminated on the date of Early Termination pursuant to Article 15.

  • Within the times and in the manner prescribed by law, ERSD has filed all governmental tax returns required by law and has paid all taxes, assessments and penalties due and payable.

Related to Direct Transactions

  • Subject Transaction as defined in Section 6.8(d).

  • Pro Forma Transaction means any transaction consummated as part of any Permitted Acquisition, together with each other transaction relating thereto and consummated in connection therewith, including any incurrence or repayment of Indebtedness.

  • Specified Transactions means (a) any Specified Disposition, (b) any Permitted Acquisition and (c) the Transactions.

  • Acquisition Transactions means the transactions contemplated by the Acquisition Agreement.

  • Exempt Transactions means the transactions described in the section hereof titled “Exempt Transactions.”