FXC definition

FXC s Website” shall mean a website found and run by FXC, which contains updated information about FXC and its services. The website can be found at the following address: www.fxcentrum.com .

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FXC s Account” shall mean an account (omnibus) opened with another financial institution in the name of FXC under the conditions described in Article V. point 8. of these Terms and Conditions. The number of such an account is communicated to the Client during the process of entering into a Contract.

FXC means the Foreign Exchange Committee or any successor entity.

Examples of FXC in a sentence

• The fifth sentence of Section 2.4(a) of the FXC Agreement is hereby deleted and replaced with the following: The “Settlement Date” for a Purchase Order shall be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day.

• The first sentence of Section 4.7(b) of the FXC Agreement is hereby deleted and replaced with the following: On the first day of each month that is both a Local Business Day and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses hereunder.

• The fifth sentence of Section 2.7 of the FXC Agreement is hereby deleted and replaced with the following: The “Settlement Date” for a Redemption Order shall be the second New York Business Day following the Order Date unless that day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day.

• The defined term “London Business Day” in Section 1.1 of the FXC Agreement is hereby deleted in its entirety.

• The first and second sentences of Section 4.4 of the FXC Agreement are hereby deleted and replaced with the following: On the first Local Business Day of each month, the Depository will deposit into the Non-Interest Account the accrued but unpaid interest for the previous month.

• Exhibit B of each FXC Trust Agreement is hereby deleted in its entirety and replaced with Exhibit B – FXC hereto.

• Attachment A of each FXC Trust Agreement is hereby deleted in its entirety and replaced with Attachment A – FXC hereto.

• This certifies that the above order has been: Accepted by the Trustee Declined by the Trustee – Reason: Final # of Canadian Dollars Final # of FXC Shares Final Cash Due to Trustee Final Cash Due to AP Date Time Authorized Signature of Trustee CONTACT INFORMATION FOR ORDER EXECUTION: Telephone order number: (718) 315 - 7500 Fax order number: (732) 667 - 9478 / Alt.

• This certifies that the above order has been: Accepted by the Trustee Declined-Reason: Final # of Canadian Dollars Final # of FXC Shares Date Time Authorized Signature of Trustee Telephone order number: (▇▇▇) ▇▇▇-▇▇▇▇ or 4967 Fax order number: (▇▇▇) ▇▇▇-▇▇▇▇ Depository Instructions (000-000-0000)/SWIFT [ ] Participant must complete all items in Part I.

• Customer also agrees, hereby, to abide by such best practices as may be published by the FXC from time to time, and such recommended market practice as may be published by EMTA from time to time.

More Definitions of FXC

FXC means FXC and with the address of Office 5B, HIS building, Providence M ahé, Seychelles or any branch hereof;

FXC has the meaning specified in Section 4.1.

FXC s Account” shall mean an account (omnibus) opened with another financial institution in

FXC s Account” shall mean an account (omnibus) opened with another financial institution in the name of FXC under the conditions described in Article V. point 8.