Examples of RBCIS in a sentence
Without limiting the foregoing, RBCIS shall carry out Authorized Instructions only when the relevant market is open for dealings, and RBCIS shall carry out any Authorized Instructions received outside of the applicable FX Cut- Off Time as soon as possible when the relevant market is next open for business (in accordance with the rules of that market).
For the avoidance of doubt, Required Information that the Customer is required to provide to RBCIS in accordance with the Currency Hedging Services Agreement includes data, reports and information that are produced by, and may already be in possession of, RBCIS acting in another capacity.
Notwithstanding any other provision of this Agreement, to the extent permitted by Applicable Regulations, in no event shall RBCIS be liable for any indirect, consequential, incidental, punitive or special losses or damages arising from this Agreement or the performance or non-performance of FX Services hereunder, including, without limitation, damages for economic loss and loss of opportunity, even if RBCIS has been advised of the possibility of such damage.
Without limiting Section 16 below, accessing liquidity or managing risk may require the sharing of details of Authorized Instructions (which may include Confidential Information as defined below), internally and with RBCIS Affiliates, in order to establish the price of a FX Transaction or for the purposes of managing the risk of such FX Transaction and, by entering into this Agreement, the Customer hereby consents to RBCIS sharing such information as aforesaid.
Otherwise, RBCIS will treat such FX Transaction as an FX forward transaction.
RBCIS shall not be liable for Losses arising from Authorized Instructions not received by such applicable Cut-Off Time.
In addition, RBCIS actively manages the risks associated with potential transactions (including market liquidity and credit risks) in accordance with its internal risk management policies and may need to execute one or more risk mitigating transactions.