Common use of Contract Notes Clause in Contracts

Contract Notes. 12.1 Argentex will issue a Contract Note to the Client in writing setting out the details of an FX Contract at the time of execution of the FX Contract. The Contract Note shall include the following: (a) the transaction number; (b) the foreign exchange rate applying to the Buy Currency and Sell Currency; (c) the amount of Sell Currency and Buy Currency; (d) the Value Date; (e) details of the relevant Argentex Safeguarded Account into which the Sell Currency should be settled. 12.2 Argentex may at any time issue Contract Notes in order to correct any errors or omissions in previously issued Contract Notes. Argentex will issue any such correction as soon as is practicable after any error or omission has been detected. 12.3 Contract Notes will be sent by email. In exceptional circumstances and upon written request by the Client, they may be sent by post. They shall be deemed to have been received by the Client upon transmission if sent by email and 48 hours from the date of posting if sent by post. Contract Notes shall be sent to the last known email address or postal address given by the Client from time to time. It is the duty of the Client to ensure that Argentex has up-to-date contact information.

Appears in 3 contracts

Sources: Terms and Conditions, Terms and Conditions, Terms and Conditions

Contract Notes. 12.1 16.1 Argentex will issue a Contract Note to the Client in writing setting out the details of an FX Contract at the time of execution of the FX Contract. The Contract Note shall include the following: (a) the transaction number; (b) the foreign exchange rate applying to the Buy Currency and Sell Currency; (c) the amount of Sell Currency and Buy Currency; (d) the Value Date; (e) details of the relevant Argentex Safeguarded Account into which the Sell Currency should be settled. 12.2 16.2 Argentex may at any time issue Contract Notes in order to correct any errors or omissions in previously issued Contract Notes. Argentex will issue any such correction as soon as is practicable after any error or omission has been detected. 12.3 16.3 Contract Notes will be sent by email. In exceptional circumstances and upon written request by the Client, they may be sent by post. They shall be deemed to have been received by the Client upon transmission if sent by email and 48 hours from to the date of posting if sent email address provided by post. the Client Contract Notes shall be sent to the last known email address or postal address given by the Client from time to time. It is the duty of the Client to ensure that Argentex has up-to-date contact information.

Appears in 1 contract

Sources: Terms and Conditions