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

  • To be eligible to enter into foreign exchange Forward Contracts, the Customer must further be an “Eligible Contract Participant” as set forth the Supplemental Forward Contract Terms (as defined below).

  • These Terms, along with the Supplemental Forward Contract Terms (to the extent the Customer is trading in Forward Contracts) and the specific provisions of a Transaction as found in each respective Confirmation, set forth the entire understanding between the Customer and StoneX Payment Services with respect to the Customer’s use of the Services, each of which is incorporated into and form a part of these Terms.

  • For Forward Contract Services, the Customer is required to execute the Supplemental Terms for Foreign Exchange Forward Contracts (the “Supplemental Forward Contract Terms”), which must be in place before any Forward Contract is accepted by StoneX Payment Services, which will further provide for all terms associated with Customer’s margin obligations in relation to Forward Contracts.


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 1a of the commodity exchange act, 7 USC 1a, 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 by-product thereof, with a maturity date more than 2 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 these 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, 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 a contract for the delivery of goods and which is not a ready delivery contract;
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 the effect of which is that one party to the contract agrees to deliver a specified commodity, or a specified quantity of a specified commodity, to another party to the contract at a specified future time and at a specified price payable at that time, and includes an option on a forward contract but does not include a futures contract;