Forward Agreement definition

Forward Agreement means a Capacity Management Agreement (entered into following the issue of a Tender Invitation Notice) pursuant to which a User surrenders Firm NTS Entry Capacity to National Grid NTS over a forward period of days (but, for the avoidance of doubt, shall not include an agreement made pursuant to the provisions of paragraph 2.10);

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Forward Agreement means a commitment made to buy or sell a currency, commodity or security on a specific day in the future at a specified price. The terms of the contract are agreed upon when the commitment is made. Forward agreements are traded through an over-the-counter telephone or computer network.

Forward Agreement means a cash contract in which two parties agree to the exchange of an asset to be delivered by the seller to the buyer at a specific future date;

Examples of Forward Agreement in a sentence

• A Forward Seller shall have no liability whatsoever for any Securities it does not deliver to the Underwriters or any other party if the applicable Forward Agreement does not become effective because all of the conditions to effectiveness set forth in Section 10(a) of the applicable Forward Agreement have not been satisfied.

• The rights and remedies provided herein and in the Going Forward Agreement may be exercised singly or concurrently and are not exclusive of any rights or remedies provided by law or in equity or by statute.

• Concurrent with the payment by the Forward Counterparty to St. ▇▇▇▇ Travelers of the purchase price payable pursuant to the MS Forward Agreement, St. ▇▇▇▇ Travelers shall pay to the Underwriters, not later than 10:00 a.m. on the Closing Date, a commission in the amount of $8,251,800 delivered in immediately available funds to account number ▇▇▇▇▇▇▇▇, ABA # ▇▇▇▇▇▇▇▇▇ (care of ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. Incorporated); Reference: Syndicate Operations, Account#: ▇▇▇-▇▇▇▇▇-▇.

• This notice shall constitute a “Settlement Notice” within the meaning given in the Forward Agreement.

• Party B hereby designates [ , 20 ] as a Settlement Date, in accordance with the provisions set forth opposite the “Settlement Date” heading in Section 2 of the Forward Agreement.

More Definitions of Forward Agreement

Forward Agreement means one or more forward purchase and sale agreements between the Fund and the Counterparty, as such agreements may be amended from time to time.

Forward Agreement means a private agreement contract that is not a futures contract between two parties to buy or sell a commodity or financial instrument at a designated future date at a price agreed upon at the initiation of the contract by the buyer and seller.

Forward Agreement means a Capacity Management Agreement (entered into following the issue of a Tender Invitation Notice) pursuant to which a User surrenders Firm NTS Entry Capacity to Transco NTS over a forward period of

Forward Agreement means any agreement (including, but not limited to, any accelerated share repurchase agreement, forward agreement, derivative or other share repurchase agreement in the form of an equity option or forward or other derivative) pursuant to which, among other things, the counterparty is required to deliver to the Borrower shares of common stock of the Borrower, cash in lieu of delivering shares of common stock or cash representing the termination value of such forward or option or a combination thereof from time to time upon settlement, exercise or early termination of such forward or option or other derivative.

Forward Agreement means one or more forward share purchase agreements providing for the purchase of Brookfield Shares at a date in the future.

Forward Agreement means one or more forward share purchase agreements providing for the purchase of Brookfield Shares or securities exchangeable into Brookfield Shares at a date in the future.

Forward Agreement means the letter agreement, relating to the forward sale by the Company, subject to the Company’s right to elect net share or cash settlement of such agreement, of a number of Securities equal to the number of Securities to be borrowed and sold by the Forward Seller pursuant to this Underwriting Agreement, dated the date hereof and entered into by and between the Company and JPMorgan Chase Bank, National Association (the “Forward Counterparty”). Subject to the terms and conditions and in reliance upon the representations and warranties, terms and conditions set forth or incorporated by reference herein, each of the Company and the Forward Seller, as applicable, hereby agrees to sell to the respective Underwriters, and each of the Underwriters, severally and not jointly, agrees to purchase from the Company and the Forward Seller, as applicable, (i) at a purchase price per share as set forth in Schedule IV hereto (the “Purchase Price”), the number of Borrowed Firm Securities set forth opposite such Underwriter’s name in Schedule I-A hereto, plus its pro rata portion of any Borrowed Optional Securities whenever the Managers elect to exercise the over-allotment option in whole or in part for the accounts of the several Underwriters and the Company exercises its right to cause the Forward Counterparty to enter into a related additional Forward Agreement and (ii) any Company Securities (at the Purchase Price, in the case of any Standby Firm Securities, or at the Option Purchase Price (as defined in the Standard Provisions), in the case of any Company Optional Securities or Standby Optional Securities).