Forward Foreign Exchange Transaction definition

Forward Foreign Exchange Transaction or “Forward Transaction” means a transaction in which settlement takes place more than two Business Days after conclusion, using the Forward Exchange Rate agreed in advance. A Forward Transaction may be carried out OTC or through an organised market where standardised contracts (volumes) are traded.
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Forward Foreign Exchange Transaction means a Foreign Exchange Transaction whereby the parties agree that a specified future date shall be the due date.  "Expiration Time" is the latest time at which an option may be exercised on the Expiration Date. If an option is exercised on the Expiration Date but after the Expiration Time, such option will be deemed to have been exercised on the following Banking Day.
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Examples of Forward Foreign Exchange Transaction in a sentence

  • Discounting of Individual Transaction relevant to a Forward Foreign Exchange Transaction: advance execution of the liquidation result, the payment obligation resulting from the net settlement of the opening and closing transactions after the conclusion of the closing transaction but no later than on the T+2 day, where OTP Bank Plc.

  • The same applies to unemploy- ment insurance and early retirement benefits, but only starting from 56.

  • Closing of Individual Transaction relevant to Forward Foreign Exchange Transaction: conclusion of a new transaction that has the same maturity, nominal value and currency pair as the other, previously concluded transaction, but its “direction” (sale/purchase) is reversed.

  • Deletion of an Individual Transaction relevant to a Forward Foreign Exchange Transaction: the concluded transaction is deleted.

  • The mark-to-market value of the Individual Forward Foreign Exchange Transaction is determined as the difference of the discounted values of the prevailing market exchange rate and the contracted price (strike price), using the market yield of the foreign exchange rate's base and quote currency applicable to the residual maturity of the transaction and multiplying it by the nominal value of the transaction.

  • The price of a Forward Foreign Exchange Transaction and a Currency Swap Transaction when it is concluded and the subsequent change in the market value are affected by the following factors: the current exchange rate level, the interest rate in the base currency for the period equal to the duration of the transaction, the interest rate in the quoted currency for the period equal to the length of the transaction, and the length of the transaction.

Related to Forward Foreign Exchange Transaction

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • Foreign Exchange (FX) means a service whereby calls either originated by or delivered to a customer who has purchased FX service from the state or interstate tariffs of either Party. FX also includes, but is not limited to, FX-like services provided by either Party where calls are originated from and/or delivered to numbers which are assigned to a Rate Center within one local calling area but where the Party receiving the call is physically located outside of that local calling area. FX service can be either interLATA or intraLATA. InterLATA FX, where the originating and receiving parties are physically located in different LATAs, is considered equivalent to FGA and the intercarrier compensation mechanism is the same as FGA. IntraLATA FX, when provided by two or more local exchange carriers “LECs”, is considered a jointly provided service and meet-point billed by those providing it utilizing a mutually agreed to meet-point billing, or meet-point billing like procedure.

  • Foreign Exchange Rate means, with respect to any currency other than United States dollars, as of any date of determination, the rate set forth in the exchange rate section of The Wall Street Journal or, if not published in The Wall Street Journal, then the average of the opening bid and asked rates on such date at which such currency may be exchanged for United States dollars as quoted by JPMorgan Chase Bank, National Association (or any successor thereto or other major money center commercial bank agreed to by the Parties).

  • Master Forward Confirmation means the Master Confirmation for Issuer Share Forward Sale Transactions, dated as of the date hereof, by and between the Company and the Forward Purchaser, including all provisions incorporated by reference therein.

  • ISDA Master Agreement means the Master Agreement (Multicurrency-Cross Border) published by the International Swap and Derivatives Association, Inc., as in effect from time to time.

  • Card Transactions means any payment made for goods or services, cash withdrawals from a bank or financial institution (including ATM withdrawals) or transfer of funds made through the use of the Card or the Card number.

  • FX means the fixing of the FX Exchange Rate as published 2 p.m. Frankfurt am Main local time by the Fixing Sponsor on the FX Screen Page (or any successor).

  • Card Transaction means any purchase of goods and/or services or any transfer or cash advances effected by the use of a Card;

  • Resettlement Framework or “RF” means the resettlement framework for the Investment Program, including any update thereto, agreed between the Borrower and ADB and incorporated by reference in the FFA;

  • HKSCC means Hong Kong Securities Clearing Company Limited;

  • Currency Exchange Protection Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement, currency option or other similar agreement or arrangement designed to protect such Person against fluctuations in currency exchange rates.

  • FX Transaction means any transaction for the purchase by one party of an agreed amount in one Currency against the sale by it to the other party of an agreed amount in another Currency.

  • ACH Transactions means any cash management or related services including the automatic clearing house transfer of funds by the Bank for the account of the Borrower pursuant to agreement or overdrafts.

  • FX Contract is any foreign exchange contract by and between Borrower and Bank under which Borrower commits to purchase from or sell to Bank a specific amount of Foreign Currency on a specified date.

  • Exchange Transaction means an exchange of Units for Common Units pursuant to, and in accordance with, the Exchange Agreement or, if the Issuer and the exchanging Limited Partner shall mutually agree, a Transfer of Units to the Issuer, the Partnership or any of their subsidiaries for other consideration.

  • FX Forward Contract is defined in Section 2.1.3.

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • CCMA means the Commission for Conciliation, Mediation and Arbitration established in terms of section 112 of the Labour Relations Act, 1995;

  • Securities Transaction means a purchase of or sale of Securities.

  • Resettlement Policy Framework or “RPF” means the resettlement policy framework adopted by the Recipient on January 20, 2011, setting forth, inter alia, a brief description of the Project and components for which land acquisition and Resettlement are required, the principles and objectives governing Resettlement preparation and implementation, and a description of the process for preparing and approving site-specific Resettlement Action Plans.

  • Treasury Services Agreement means any agreement relating to treasury, depositary and cash management services or automated clearinghouse transfer of funds.

  • Online Transaction means any Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

  • 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.

  • Raw agricultural commodity means any food in its raw or natural state including fruits that are washed, colored, or otherwise treated in their unpeeled natural form before marketing.

  • Specified Cash Management Agreement any agreement providing for treasury, depositary or cash management services, including in connection with any automated clearing house transfers of funds or any similar transactions between the Borrower or any Guarantor and any Lender or affiliate thereof or any Agent or affiliate thereof, which has been designated by such Lender and the Borrower, by notice to the Administrative Agent not later than 90 days after the execution and delivery by the Borrower or such Guarantor, as a “Specified Cash Management Agreement”.

  • Manufactured-home transaction means a secured transaction: