FOREX Contracts definition

FOREX Contracts means each actual purchase contract, spot or forward contract and any other contract, such as an option or collar arrangement, which is entered into in the foreign exchange markets for the acquisition of euro intended to pay a Shipbuilding Contract Instalment under the Shipbuilding Contract, which:
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FOREX Contracts means each actual purchase contract, spot or forward contract and any other contract, such as an option or collar arrangement, which is entered into in the foreign exchange markets for the acquisition of Euro intended to pay the delivery instalment under the Shipbuilding Contract, which:-
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Examples of FOREX Contracts in a sentence

  • In addition, Interbank FX, LLC will send to Customer monthly Account Statements showing the Account's ledger balance, the open Spot FOREX Positions in the Account, the net profit or loss in all Spot FOREX Contracts closed out or liquidated in the Account since the date of the last statement, and the net unrealized profit and loss in all open Spot FOREX Contracts in the Account valued on a marked-to-market basis.

  • Customer acknowledges that Interbank FX, LLC makes no representations concerning the tax implications or treatment of Spot FOREX Contracts.

  • Customer hereby expressly acknowledges that prices for FOREX contracts in the spot market (as purchased or sold, or subject to purchase or sale, in such spot market, "Spot FOREX Contracts") may vary substantially from participant to participant, and from minute to minute, and that it may consequently prove impossible to execute market orders at even an approximation of prices quoted by certain market participants at the time that an order for a Spot Forex Transaction is executed for the Account.

Related to FOREX Contracts

  • Project Contracts mean a contract or contracts with respect to the acquisition and/or construction of the Improvements entered into by the Company or the Issuer.