NDF definition

NDF means a Derivative Financial Instrument, which is a cash- settled forward contract between the Client and the Company to buy or sell an Underlying Asset at a specified price on a future date. There is no delivery or ownership of the Underlying Asset to the Client, hence the name "non-deliverable." The Company shall buy the Underlying Asset for it own account and this shall allow the Client to be entitled to dividend payments (and will have claim over Corporate Actions apart from voting rights.

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NDF means a NDT that is not a QDF.

NDF means a cash-settled foreign exchange contract where the profit or loss at the settlement date is calculated by taking the difference between the agreed upon exchange rate and the spot rate provided by an agreed source on an agreed date, for an agreed upon notional amount of funds.

Examples of NDF in a sentence

• In the event of any inconsistency between the provisions of a Transaction Confirmation and the Master Agreement, the Transaction Confirmation shall prevail for the purpose of the relevant NDF Transaction.

• For NDF ABH resources within the first 24 hours, ABH resources may be charged to the FPA, as agreed by the FPA and the DIVISION representatives.

• The parties shall confirm the Economic Terms (as defined in paragraph 5 below) of each NDF Transaction in a Confirmation (each such Confirmation, a “Transaction Confirmation”).

• For the avoidance of doubt, if a Relevant EMTA Template becomes effective after the Trade Date of a NDF Transaction, such Relevant EMTA Template shall not apply to or amend the terms of such NDF Transaction, unless otherwise agreed by the parties.

• If a Relevant EMTA Template has become effective on or before the Trade Date of a NDF Transaction with such Currency Pair, the terms of the Relevant EMTA Template shall supersede the relevant terms in the Addendum, but shall not apply to or amend the terms of any NDF Transaction with a Trade Date that precedes the effective date of the Relevant EMTA Template, unless otherwise agreed by the parties.

More Definitions of NDF

NDF means a Forward Contract that is non-deliverable – that is, there is no exchange of currencies at the Settlement Date. Instead a single net amount will be payable by either you or us depending on the outcome of the trade.

NDF means no defects found.

NDF means a foreign currency non-deliverable forwards contract whereby two Participants agree to exchange cash at a given spot rate on a future date. The contract is settled in US dollars. The NDF instrument traded on the NDF Platform is specified using currency pair and tenor, and is traded in accordance with the NDF Rulebook.

NDF means the external trust fund maintained by Seller with respect to the Facilities for purposes of Decommissioning which does not meet the requirements of Code Section 468A and Treas. Reg. § 1.468A-5.

NDF means a Product whose function was suspect, but no specific fault was detected in Solectron’s performance of failure analysis.

NDF means the definition mutually agreed to between the Parties and attached hereto as Attachment A. ------------

NDF means the future armed forces of the Recipient, to be established following integration of Ex-Combatants from APPMs and the FAB into a new national armed force, in accordance with the Arusha Agreement and the Forces Technical Agreement;