Examples of Relevant Instruments in a sentence
A Dealer’s hedging and trading activities with respect to the Notes may affect the value of other Relevant Instruments and vice versa.
If more than one Intermediary is involved in the execution of the transaction, the IFTT is levied by the Intermediary who receives the order of execution from the purchaser of the Relevant Instruments or, in the case of derivative transaction or securitised derivative referencing a Relevant Instrument, from the counterparty to or purchaser of such derivative.
The IFTT is due by the party acquiring ownership of the Relevant Instruments, regardless of the residence of the parties and/or where the transaction is entered into.
With respect to derivative transactions referencing Relevant Instruments including securitised derivatives the IFTT applies regardless of the tax residence of both the counterparties of the transactions (ciascuna delle controparti delle operazioni) and/or where the transaction is executed.
In relation to the COVID-19 situation, it may occur that a ship cannot fulfill the requirements from the Relevant Instruments or the follow-up on inspection results as would normally be required.