Forward Contract Limit definition

Forward Contract Limit means One Million Dollars ($1,000,000).

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Forward Contract Limit means Five Hundred Thousand Dollars ($500,000).

Forward Contract Limit means Fifteen Million Dollars ($15,000,000).

Examples of Forward Contract Limit in a sentence

If you have placed an Order under a Spot Contract, Forward Contract, Limit Order or our Regular Payments Service which has been accepted, you may cancel or terminate the Contract at any point up to the end of the Business Day preceding the Value Date by notifying us by telephone, post, email, or through our Website and no charges will apply.
If the Forward Contract Exposure at any time exceeds the Forward Contract Limit, the Customers will promptly, without further notice or demand by the Metal Lender, make payment to the Metal Lender, or amend one or more Forward Contracts to reduce the applicable stated face amount or notional amount thereof, in either case, in an amount sufficient to result in the remaining Forward Contract Exposure being not more than the Forward Contract Limit.
The Companies may from time to time buy Precious Metal from FPM pursuant to Forward Contracts in form and substance, and on terms, satisfactory to FPM, so long as the Companies are in compliance with the Agreement, and the Forward Contract Indebtedness does not exceed at any time the Forward Contract Limit.
If the Forward Contract Exposure at any time exceeds the Forward Contract Limit, the Customers will promptly, without further notice or demand by the Metal Supplier, make payment to the Metal Supplier, or amend one or more Forward Contracts to reduce the applicable stated face amount or notional amount thereof, in either case, in an amount sufficient to result in the remaining Forward Contract Exposure being not more than the Forward Contract Limit.

More Definitions of Forward Contract Limit

Forward Contract Limit means Seven Hundred Thousand Dollars ($700,000).

Forward Contract Limit means Seven Hundred Thousand Dollars ($700,000)" 3. All necessary conforming changes to the Consignment and Forward Contracts Agreement necessitated by reason of this Ninth Amendment and Agreement to Consignment and Forward Contracts Agreement shall be deemed to have been made. 4. All references to the "Consignment and Forward Contracts Agreement" in all documents or agreements by and between the parties hereto, shall from and after the effective date hereof refer to the Consignment and Forward Contracts Agreement, as previously amended and as amended hereby, and all obligations of the Companies under the Consignment and Forward Contracts Agreement, as previously amended and as amended hereby, shall be secured by and be entitled to the benefits of such other documents and agreements. 5. Except as amended hereby, the Consignment and Forward Contracts Agreement shall remain in full force and effect and is in all respects hereby ratified and affirmed. 6. The Companies jointly and severally covenant and agree to pay all out-of-pocket expenses, costs and charges incurred by FPM (including reasonable fees and disbursements of counsel) in connection with the preparation and implementation of this Ninth Amendment and Agreement to Consignment and