Liquidation Procedure definition

Liquidation Procedure means the procedure outlined in Section 5.6 pursuant to which Exchange may enter into Physically Settled Futures Transactions to Set-Off, in whole or in part, the Obligations of the Contracting Party under Physically Settled Futures Transactions;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Liquidation Procedure means the liquidation procedure as defined in Part V of the Companies Law, and include all collective measures governing the operation of the Fund member and entail the prohibition or limitation of the power to dispose of assets of the Fund member;

Liquidation Procedure means the procedure described at paragraph 2.3 (Liquidation Procedure) for determining a Termination Value in respect of a Reference Instrument.

Examples of Liquidation Procedure in a sentence

The Contracting Party agrees and acknowledges that upon any failure by such Contracting Party to provide Eligible Collateral Support to Exchange in the amounts and manner set forth under the Risk Management Policy, Exchange shall have the rights and remedies set forth in this Agreement including, without limitation, the rights to cause a Contracting Party Suspension, effect the Close-out Procedure and/or effect the Liquidation Procedure with respect to the Contracting Party's Transactions.
The Contracting Party agrees and acknowledges that upon any failure by the Contracting Party to provide Eligible Collateral Support to Exchange in the amounts and manner set forth under this Agreement, Exchange shall have the rights and remedies set forth in this Agreement including, without limitation, the rights to cause a Contracting Party Suspension, effect the Close-out Procedure and/or effect the Liquidation Procedure with respect to the Contracting Party’s Transactions.
The Contracting Party agrees and acknowledges that upon any failure by such Contracting Party to provide Eligible Collateral Support to Exchange in the amounts and manner set forth under the Risk Management Policy, Exchange shall have the rights and remedies set forth in this Agreement including, without limitation, the rights to cause a Contracting Party Suspension, effect the Close-out Procedure and/or effect the Liquidation Procedure with respect to the Contracting Party’s Transactions.

More Definitions of Liquidation Procedure

Liquidation Procedure means the following procedure:

Liquidation Procedure means the procedure outlined in Section 5.6 pursuant to which Exchange may enter into PhysicalPhysically Settled Futures Transactions to Set-Off, in whole or in part, the Obligations of the Contracting Party under PhysicalPhysically Settled Futures Transactions;