Terms and Terminology Sample Clauses

Terms and Terminology. The company - the legal entity — Mobius Universe Ltd, providing implementation of conversion arbitrage operations and carrying out all necessary calculations, based on agreements, contracts and other documents, concluded with the Client. The client - the physical person or legal entity concluding conversion arbitral transactions with the Company, according to the quotations provided by the Company. The agent - the physical person or legal entity which is acting on the basis of the present Agreements on behalf of the Company. Conversion arbitrage operations - transactions between the Company and the Client to purchase or sale of the contract for currencies or the contract for indexes who assume implementation of at least two opposite transactions on purchase and sale of the contract identical amount. Sub-account - the special internal account opened in the Company by the Client, on which the recorded liabilities of the Company and the Client which arise from the transactions made within the Agreement between the Client and the Company. The sub-account can be used as for trading, and for receipt of an agency fee. Base currency - monetary unit in which are nominated and calculated all balances, commission payments and payments. Base currancy - the transaction of purchase (sale) which isn't covered opposite sale (purchase) of the contract. Floating Profit/Loss - floating (unrealized) profit (loss) on open to line items in case of the current values of quotations. Working hours of the Company - a period during business week, in limits which the point-of- sale terminal of the Company provides carrying out transactions with standard foreign exchange contracts and standard contracts on indexes. The exception are holidays, temporary changes of internal rules and procedures of the Company, and also time during which customer service is impossible on technical conditions. In these cases the Company is obliged to take all feasible measures, to inform the Client on change of an operating mode and to give the chance to the Client to eliminate the currency risks. Lot (lot) - a unit of measure of an amount of transaction. Transaction - set of trading activities in case of which means pass from a base currency in currency of the quotation and back. Balance (balance) - the amount on the sub-account of the Client after carrying out the last during any period of time of transaction. Autoreferral (avtoreferalny system) - the system forbidden by the regulations, in case of whic...
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Terms and Terminology 

Related to Terms and Terminology

  • Terms and Termination This Agreement shall be effective from the date hereof and unless earlier terminated in accordance with this Section 30.4.5, shall continue in effect until the Class Year Deliverability Study for Requestor’s External XXXX Rights is completed and approved by the NYISO Operating Committee. Requestor or NYISO may terminate this Agreement upon the withdrawal of Requestor’s External XXXX Rights Request under Section 25.7.11 of Attachment S to the ISO OATT or upon Developer’s withdrawal from the Class Year Interconnection Facilities Study pursuant to Section 25.7.7.1

  • Definitions and Terms Section 1.1

  • Terms and References Unless otherwise stated in this Amendment (a) terms defined in the Credit Agreement have the same meanings when used in this Amendment, and (b) references to “Sections” are to the Credit Agreement’s sections.

  • Defined Terms and Rules of Construction Reference is made to the Glossary of Defined Terms and Rules of Construction (as the same may be supplemented, amended or modified, the “Glossary”) attached as Exhibit A to the Indenture. The Glossary is incorporated herein by reference. Capitalized terms used but not otherwise defined herein shall have the respective meanings assigned thereto in the Glossary.

  • Defined Terms and Interpretation 1.1 In this Agreement, save where the context requires otherwise, the following words, terms and expressions shall have the following meanings: 1998 Act means the Data Protection Act 1998. 2000 Act means the Freedom of Information Act 2000. 2004 Regulations means the Environmental Information Regulations 2004.

  • Amounts and Terms Section 1.1 [Reserved]

  • Purpose and Term The purpose to be conducted or promoted by the Company is to engage solely in the following activities:

  • Term and Termination In any case, if not sooner terminated, this Agreement shall expire at the close of business on the effective date that the Offering is terminated. This Agreement may be terminated by either party (a) immediately upon notice to the other party in the event that the other party shall have materially failed to comply with any material provision of this Agreement or if any of the representations, warranties, covenants or agreements of such party contained herein shall not have been materially complied with and such failure to comply is not cured within ten (10) days after the date of such occurrence or (b) on 60 days’ written notice. In any event, this Agreement shall be deemed suspended during any period for which the Dealer Manager’s license or registration to act as a broker dealer shall be revoked or suspended by any federal, self-regulatory or state agency. In addition, the Dealer Manager, upon the expiration or termination of this Agreement, shall (a) promptly deposit any and all funds in its possession which were received from investors for the sale of Shares into the appropriate escrow account or, if the Minimum Offering has been reached, into such other account as the Company may designate; and (b) promptly deliver to the Company all records and documents in its possession which relate to the Offering which are not designated as dealer copies. The Dealer Manager, at its sole expense, may make and retain copies of all such records and documents required to be retained by the Dealer Manager pursuant to (i) Federal and state securities laws and the rules and regulations thereunder, (ii) the applicable rules of FINRA and (iii) the NASAA REIT Guidelines, but shall keep all such information confidential; provided, that, nothing contained in this Agreement shall prevent the Dealer Manager from disclosing any such information to any regulatory authority asserting jurisdiction over the Dealer Manager. The Dealer Manager shall use its reasonable best efforts to cooperate with the Company to accomplish any orderly transfer of management of the Offering to a party designated by the Company. Upon expiration or termination of this Agreement, the Company shall pay to the Dealer Manager all earned but unpaid compensation and reimbursement for all incurred, accountable compensation to which the Dealer Manager is or becomes entitled under Section 5 of this Agreement, including but not limited to any Distribution Fees, pursuant to the requirements of that Section 5 at such times as such amounts become payable pursuant to the terms of such Section 5 without acceleration; provided, however, that if the Minimum Offering is not reached prior to such expiration or termination, the Company shall not pay any such compensation and reimbursements to the Dealer Manager.

  • Term and Termination of Agreement 1. This Agreement shall run for a period of one (1) year from the date first written above and will be renewed from year to year thereafter unless terminated by either party as provided hereunder.

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