Financial Accommodation definition

Financial Accommodation means a financial benefit or assistance to obtain a financial benefit arising from or as a result of—
Financial Accommodation has the meaning given to that term in the Securities and Futures Ordinance 「財務通融」指證券及期貨條例內所賦予該詞語之定義
Financial Accommodation has the meaning given to that term in the Securities and Futures Ordinance “F.O. Business” the business of dealing in Futures Contracts and/ or options contracts traded on the Futures Exchange and/or any other Exchange, market or association of dealers in any part of the worldFutures Account” the futures trading account opened by the Client with Galaxy International Futures through Offline Operation or Electronic Operation or any other means for the purpose of trading Futures Contracts and options contracts on the Futures Exchange and/or any other Exchange, market or association of dealers in any part of the world “Futures Contract” without prejudice to the meaning given to that term in the Securities and Futures Ordinance, it means a contact executed on any Exchange, the effect of which is that (a) one party agrees to deliver to the other party at an agreed future time an agreed Commodity or quantity of a Commodity at an agreed price; or (b) the parties will make an adjustment between them at an agreed future time according to whether the agreed Commodity is worth more or less or, as the case may be, stands higher or lower at that time than a level agreed at the time of making the contract, the difference being determined in accordance with the rules of the relevant Exchange in which that contract is made

Examples of Financial Accommodation in a sentence

  • The Loan Documents are a contract to extend a Financial Accommodation (as such term is used in the Bankruptcy Code) for Borrower’s benefit.

  • Permitted Financial Accommodation means financial accommodation: (a) to any Group Company; (b) to allow its customers to acquire goods and services on extended terms in the ordinary course of business; (c) deposits made in ordinary course of business arrangements with a bank or financial institution; or (d) to which the Noteholders have given their prior written consent by way of Ordinary Resolution.

  • At balance date, in accordance with the Local Government Funding Authority Multi-Issuer Deed, the Available Financial Accommodation will be more than 110% of External Indebtedness.

  • Further, it is submitted that the subsequent agreement for financial accommodation dated May 29, 2019 does not contain an arbitration clause and there is no specific adoption of Clause (viii) of the Agreement for Financial Accommodation dated May 29, 2018.

  • Borrowing costs include interest on short-term and long-term borrowings held with the Treasury Corporation of Victoria (TCV) and costs relating to the Financial Accommodation Levy (FAL) set by the Treasurer of the State of Victoria under section 40N(2) of the Financial Management Act 1994.


More Definitions of Financial Accommodation

Financial Accommodation means a financial benefit or assistance to obtain a financial benefit arising from or as a result of:
Financial Accommodation means financial accommodation as defined in the SFO.
Financial Accommodation. (財務通融) means a loan or other arrangement under which a person is or is to be provided with credit, whether directly or through a third party, and in particular includes an overdraft, a discounted negotiable instrument, a guarantee, a forbearance from enforcing any debt that in substance is a loan, and also includes an agreement to secure the payment or repayment of any such accommodation;
Financial Accommodation means any financial accommodation or form of financial accommodation including, without limitation:
Financial Accommodation means financial accommodation as defined in the SFO. “uSmart Group” means USL and its Affiliates.
Financial Accommodation has the meaning assigned to such term in Section 6.14.
Financial Accommodation means the provision of loans, credit, bill facilities, the discount or purchase of commercial bills, leases, mortgages, bills of sale or any other security arrangements, negotiable and any similar contracts;