Forward Contract definition

Forward Contract means, for each Forward, the contract evidencing such Forward between the Company and the Forward Purchaser, which shall be comprised of the Master Forward Confirmation and the related “Supplemental Confirmation” (as defined in the Master Forward Confirmation) for such Forward.
Forward Contract means an agreement, not entered into with, or traded on, a stock exchange or futures exchange or cleared by a clearing corporation, to do one or more of the following on terms or at a price established by or determinable by reference to the agreement and at or by a time in the future established by or determinable by reference to the agreement:
Forward Contract 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 contracts are traded through an over-the-counter telephone or computer network.

Examples of Forward Contract in a sentence

  • Each transaction for the exchange of one Currency for another Currency (a “Currency Exchange”) is referred to herein as an “FX Transaction,” whether conducted as a direct Currency Exchange with no other underlying transaction or as part of a wire transfer or Forward Contract.

  • When requesting a Forward Contract, you must specify (a) the Foreign Currency to be exchanged with the Bank; (b) whether it is being purchased or sold by you; (c) the amount of Foreign Currency; and (d) the Value Date for the FX Transaction.

  • If you have entered into a Spot or Forward Contract in a currency other than US Dollars, the applicable Exchange Rate for the resulting FX Transaction will be the Exchange Rate for the Spot or Forward Contract applicable to the US Dollar Amount of the FX Transaction, unless we agree with you otherwise.

  • You may request a Forward Contract only if you have provided and are maintaining any Credit Support we have required and your online profile with Synovus otherwise allows Forward Contracts.

  • The date on which you request a Forward Contract and the Bank agrees to provide that Forward Contract shall be the Trade Date.


More Definitions of Forward Contract

Forward Contract means a contract between a Surrender User and National Grid pursuant to which a User surrenders Firm NTS Entry Capacity to National Grid over a forward period of Days in accordance with the provisions of Clause 3;
Forward Contract means a contract for the purchase, sale, or transfer of a commodity, as defined in section 1 of the federal Commodity Exchange Act, 7 U.S.C. §1 et seq., or any similar good, article, service, right, or interest that is presently or in the future becomes the subject of dealing in the forward contract trade, or product or byproduct thereof, with a maturity date more than two days after the date the contract is entered into, including, but not limited to, a repurchase transaction, reverse repurchase transaction, consignment, lease, swap, hedge transaction, deposit, loan, option, allocated transaction, unallocated transaction, or a combination of them or option on any of them. “Forward contract” does not include a commodity contract.
Forward Contract means a foreign exchange contract under which we agree, on a specific date or specified range of dates in the future, to exchange money at an agreed exchange rate and at an agreed time, which shall be to facilitate payments for a commercial purpose, meaning payments for identifiable goods, services or direct investment.
Forward Contract means a contract for the delivery of goods and which is not a ready delivery contract;
Forward Contract means, for each Forward, the contract evidencing such Forward between the Company and a Forward Purchaser, which shall be comprised of the Master Forward Confirmation and the related “Supplemental Confirmation” (as defined in the Master Forward Confirmation) for such Forward.
Forward Contract means an agree- ment covering the terms and condi- tions for the sale of Class II, III or IV milk from a producer defined in 7 CFR 1001.12, 1005.12, 1006.12, 1007.12, 1030.12, 1032.12, 1033.12, 1124.12, 1126.12, 1131.12 or a cooperative association of producers defined in 7 CFR 1000.18, and a handler defined in 7 CFR 1000.9.
Forward Contract means a contract conferring the obligation to buy or to sell a specified amount of a currency at a specified price within a predetermined point in time, usually more than 3 days after the contract is entered into.