Examples of Option Transaction in a sentence
Recourse Against Exchange – Exchange agrees to pay the Cash Settlement Amount, MTM Settlement Amount and Daily Financially Settled Futures Settlement Amount, if any, to the Contracting Party in respect of a Financially Settled Futures Transaction and Exchange agrees to pay the Option Premium Amount to the Option Seller in respect of an Option Transaction, each case to the extent required under the terms applicable to such Financially Settled Futures Transaction or Option Transaction.
Confirmations – Exchange agrees to electronically deliver the appropriate Confirmations to the Contracting Party as soon as reasonably possible after the entering into each: (i) Physically Settled Futures Transaction; (ii) Financially Settled Futures Transaction; (iii) Forward Transaction; and (iv) Option Transaction, respectively.
The Option Agreement will become legally binding as and from the time that the Option Transaction details are orally agreed between us in the telephone call.
AVERAGE RATE OPTIONS For any Currency Option Transaction whose terms provide for the calculation of an average rate based upon the rate of the Greek Drachma in exchange for another currency (for the avoidance of doubt, a currency other than the euro or any national currency unit) (the "non-euro currency"), part (iii) of the definition of "Business Day" in Annex 4 shall apply for the purpose of determining whether a day is a Calculation Date (as defined in the 1998 FX Definitions).