Foreign Exchange Contract definition

Foreign Exchange Contract is a transaction that involves a contract for the exchange of one currency for another at an agreed Exchange Rate;

Foreign Exchange Contract means any foreign exchange contract, currency exchange contract or other contractual arrangement protecting a Person against fluctuations in the exchange rate of different currencies.

Foreign Exchange Contract means a contract to buy or sell one currency or precious metal in exchange for another based on the prevailing spot rate determined by OANDA.

Examples of Foreign Exchange Contract in a sentence

• If the Customer places an order at exchange rates deviating from prevailing foreign exchange market rates and the Bank executes such order as specified by Customer, despite the Customer’s use of an incorrect foreign exchange rate, the Bank may cancel the Foreign Exchange Contract Transaction concluded through the Services, and the cost of canceling such transaction shall be borne by Customer unless there exists another reason for canceling the transaction which is attributable to the Bank.

• Any Foreign Exchange Contract executed under the Services may not be changed or cancelled via the Services by the Customer.

• The Customer shall conduct Foreign Exchange Contract Transaction only at its own responsibility and based on Customer’s own calculations.

• We will specify the Margin Percentage for each Foreign Exchange Contract in the relevant Commercial Terms Annexure.

• Any Foreign Exchange Contract executed under the Services, other than those subject to Value Date Change Transaction, may not be changed or cancelled via the Services by the Customer.

More Definitions of Foreign Exchange Contract

Foreign Exchange Contract means the "Chapter XXVI Agreement" among the Central Bank, The Bank of New York and the Company, entered into under Article 47 of the Constitutional Organic Law of the Central Bank and the provisions of Chapter XXVI of the Compendium of Foreign Exchange Regulations of the Central Bank.

Foreign Exchange Contract means a contract relating to a Foreign Exchange Transaction entered into between us;

Foreign Exchange Contract means a transaction that involves a contract for the exchange of one currency for another at an agreed Exchange Rate;

Foreign Exchange Contract means a contract entered into by the Bank with you under these terms and conditions to buy or sell against one currency agreed between you and the Bank an amount of another currency agreed between you and the Bank for spot or forward settlement on a stated Value Date;

Foreign Exchange Contract means a Transaction which is conducted via COMSUITE FOREX.

Foreign Exchange Contract means a contract under which the parties to the contract agree to exchange different currencies on a particular date.

Foreign Exchange Contract means each contract to be entered into as of the close of business on the date that is two (2) Business Days prior to the Closing Date between Aracruz Celulose and the Brazilian Affiliate of each Funding Lender (or any other Brazilian bank authorized to operate in the foreign exchange market as any such Funding Lender may designate in its sole discretion) to convert the proceeds paid by the Borrower to Aracruz Celulose (with the proceeds of such Funding Lender’s Loan) into Reais for further payment of the Real-Denominated Obligations as contemplated in Section 2.3.