Closing Out Transactions Clause Samples

Closing Out Transactions. We may refuse to perform a Transaction, or we may Close Out a Transaction or all current Transactions that you have with us, without notice to you: (i) if you fail to make any payment when it is due, including the payment of any Advance Payment that has been requested by us; (ii) if you fail to provide any material information we have requested or any information you have given us is or becomes, in our opinion, materially inaccurate or misleading; (iii) in the event of your death or loss of mental capacity; (iv) if bankruptcy proceedings are commenced against you; (v) if the performance of our obligations under this Agreement become illegal; (vi) if a serious dispute has arisen between us; or (vii) if you breach an important term of this Agreement or of any Transaction. When we Close Out any or all the Transactions that you have entered into, we buy back the currency that we have bought for you when you entered into the Transaction at prevailing market rates chosen by us in good faith. If the value of the currency you have asked us to exchange has strengthened, a loss will be incurred on the Transaction and you will be liable to pay us the amount of that loss, together with any expenses, premiums, commissions or other fees incurred by us. We will not pay you any profit arising from closing out a Transaction in any circumstances.
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Closing Out Transactions. We may refuse to perform a Transaction, or we may Close Out a particular Transaction or all current Transactions that you have with us, without notice to you: (i) if you fail to make any payment when it is due, including the payment of any Advance Payment that has been requested by us; (ii) if you fail to provide any material information we have requested or any information you have given us is or becomes, in our opinion, materially inaccurate or misleading; (iii) in the event of your death or loss of mental capacity; (iv) in the event that bankruptcy proceedings are commenced against you; (v) if the performance of our obligations under this Agreement become illegal; (vi) if a serious dispute has arisen between us; or (vii) if you breach an important term of this Agreement or of any Transaction.
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Closing Out Transactions. The Client must provide the Service Provider with the information needed to properly settle the Orders. The Client therefore undertakes to notify the Service Provider in due time in case of any changes that may affect the effective completion of its aforementioned obligation.
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Closing Out Transactions. We may refuse to perform a Transaction or to Close Out a particular Transaction and all current Transactions that you have with us, without notice to you: (i) if you fail to make any payment when it is due, including the payment of any Advance Payment that has been requested by us; (ii) if you fail to provide any material information we have requested; (iii) any information you have provided to us or any warranty you have given to us is or be comes, in our opinion, materially inaccurate, incorrect or misleading; (iv) on the occurrence of an Insolvency Event; (v) if the performance of our obligations under this Agreement become illegal; (vi) if a serious dispute has arisen between us; or (vii) if you breach a material term of this Agreement or of any Transaction.
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Related to Closing Out Transactions

  • Acquisition Transactions The Company shall provide the holder of this Warrant with at least twenty (20) days’ written notice prior to closing thereof of the terms and conditions of any of the following transactions (to the extent the Company has notice thereof): (i) the sale, lease, exchange, conveyance or other disposition of all or substantially all of the Company’s property or business, or (ii) its merger into or consolidation with any other corporation (other than a wholly-owned subsidiary of the Company), or any transaction (including a merger or other reorganization) or series of related transactions, in which more than 50% of the voting power of the Company is disposed of.

  • Closing Transactions On the terms and subject to the conditions set forth in this Agreement, the following transactions shall occur in the order set forth in this Section 2.1:

  • Excluded Transactions The Company shall not be obligated to effect any registration of Registrable Securities under this Section 2.1 incidental to the registration of any of its Securities in connection with: (i) the IPO; (ii) a registration statement filed to cover issuances under employee benefits plans or dividend reinvestment plans; or (iii) any registration statement relating solely to the acquisition or merger after the date hereof by the Company or any of its Subsidiaries of or with any other businesses.

  • Pre-Closing Transactions Prior to the purchase of the Initial Securities on the Closing Date, the Pre-Closing Transactions shall have been duly consummated at the respective times and on the terms contemplated by this Agreement, the General Disclosure Package and the Prospectus and the Representatives shall have received such evidence that the Pre-Closing Transactions have been consummated as the Representatives may reasonably request.

  • Formation Transactions The Formation Transactions shall have been or shall be consummated substantially concurrently in accordance with the timing set forth in the respective Formation Transaction Documentation.