Extension Trades Clause Samples

The EXTENSION TRADES clause allows parties to extend the settlement or performance date of a trade beyond its original schedule. In practice, this means that if both parties agree, the delivery or payment obligations can be postponed to a later date, often to accommodate unforeseen delays or to align with new business needs. This clause provides flexibility in trade execution, helping parties manage timing issues and avoid defaults due to temporary obstacles.
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an “extension trade”). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. Table of Contents By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 Table of Contents
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an “extension trade”). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. In such cases the gain, as measured by the excess of the sale price over the amortized cost of the holding being sold, shall be subject to the earnings sharing arrangement between JPMorgan and Lender as set out in the Bank compensation (or analogous) section of the Securities Lending Agreement to which these guidelines are annexed. By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an “extension trade”). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. Table of Contents By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 Table of Contents
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an “extension trade”). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. Table of Contents By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 JPMorgan Investment Trust on behalf of its series listed above: By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: August 26, 2005 Table of Contents
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an “extension trade”). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. In such cases the gain, as measured by the excess of the sale price over the amortized cost of the holding being sold, shall be subject to the earnings sharing arrangement between JPMorgan and Lender as set out in the Bank compensation (or analogous) section of the Securities Lending Agreement to which these guidelines are annexed. By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ • ABN AMRO Inc. • ABN AMRO Bank N.V., New York Branch • ABN AMRO Sage Corporation • Alpine Associates • Abbey National Securities Inc. • Banc of America Securities LLC • Banc One Capital Markets, Inc. • Barclays Capital, Inc. • Bear ▇▇▇▇▇▇▇ & Co., Inc. • Bear ▇▇▇▇▇▇▇ Securities Corp • Bleichroeder (▇▇▇▇▇▇▇ & S.), Inc. • ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Corp. • BNP Paribas Securities Corp. • Cantor, ▇▇▇▇▇▇▇▇▇▇ Securitie • CIBC World Markets Corp. • Citadel Trading Group L.L.C. • Citigroup Global Markets Inc. • Commerzbank Capital Markets Corporation • Credit Lyonnais Securities (USA) Inc. • Credit Suisse First Boston LLC • Deutsche Bank Securities Inc. • Dresdner Kleinwort ▇▇▇▇▇▇▇▇▇▇▇ Securities LLC • Fimat USA, Inc. • Fortis Securities, LLC
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an “extension trade”). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. **************** Each Lender should regularly analyze these guidelines to determine their continued appropriateness, recognizing that all investments bear risk and that return of principal is not assured. Please indicate your acceptance of these guidelines by signing in the space provided below. JPMorgan Institutional Trust on behalf of its series listed above: By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Senior Vice President Date: September 26, 2005 Repurchase Agreement Guidelines
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an “extension trade”). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. Each Lender should regularly analyze these guidelines to determine their continued appropriateness, recognizing that all investments bear risk and that return of principal is not assured. Please indicate your acceptance of these guidelines by signing in the space provided below. Date: September 26, 2005
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an “extension trade”). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. In such cases the gain, as measured by the excess of the sale price over the amortized cost of the holding being sold, shall be subject to the earnings sharing arrangement between and Lender as set out in the Agent compensation (or analogous) section of the Agreement to which these guidelines are annexed. By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Name: Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Title: President Date: Schedule IV to the Global Securities Lending Agency Agreement, Between CITIBANK, N.A., As the Agent and the Lender Pursuant to section 8.b. of the Agency Agreement, the Lender agrees to pay to the Agent 30% of (i) the investment income (net of rebates) on cash Collateral delivered to the Agent on the Lender’s behalf in respect of any Loans by the Borrowers and (ii) fees paid by a Borrower with respect to a Loan for which non-cash Collateral is provided. Schedule V to the Global Securities Lending Agency Agreement, Between CITIBANK, N.A., As the Agent and the Lender 1. Daily deadlines for the Lender’s requests to terminate a loan under Section 9.b. of the Agency Agreement are as follows: o For U.S. Equities and U.S. Corporate bonds via DTC it is 12:30 PM – automated via DTC o For U.S. Governments via the Fed it is 9AM EST. o For European loans that are to be returned same day – 8 AM EST o For European loans that are to be returned next day – close of business day prior o For Latin American loans that are to be returned same day – 10 AM EST o For all other markets – close of business day (EST) prior or as specifically stated in Annex 2 to Schedule VII for the markets indicated therein. Schedule VI to the Global Securities Lending Agency Agreement, Between CITIBANK, N.A., As the Agent and the Lender US Securities Master Securities Lending Agreement (1984) * Note: Agent shall provide Lender with a copy of the applicable Lending Agreement upon request. Schedule VII to the Global Securities Lending Agency Agreement, Between CITIBANK, N.A., As the Agent and the Lender A. Office of Agent in which relationship and transactions for Lender are managed: Citibank, N.A. New York Branch B. Notices: If to Agent: Citibank, N.A. Securities Finance ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Tel: ▇▇▇-▇▇▇-▇▇▇▇ Fax: ▇▇▇-▇▇▇-▇▇▇...
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Extension Trades. From time to time a particular holding may be sold and a different issue purchased in its stead (an "extension trade"). An extension trade allows the seller to realize a gain on the issue being sold, while reinvesting the proceeds (ex the gain) into other paper. In such cases the gain, as measured by the excess of the sale price over the amortized cost of the holding being sold, shall be subject to the earnings sharing arrangement between JPMorgan and Lender as set out in the Bank compensation (or analogous) section of the Securities Lending Agreement to which these guidelines are annexed. **************** Each Lender should regularly analyze these guidelines to determine their continued appropriateness, recognizing that all investments bear risk and that return of principal is not assured. Please indicate your acceptance of these guidelines by signing in the space provided below. By: --------------------------------- Name: ------------------------------- Title: ------------------------------ Date: ------------------------------- APPENDIX 2 JPMORGAN CHASE BANK SECURITIES LENDING APPROVED BORROWERS BORROWERS LOCATED IN THE U.S. - ABN AMRO Inc. - ABN AMRO Bank N.V., New York Branch - ABN AMRO Sage Corporation - Alpine Associates - Abbey National Securities Inc. - Banc of America Securities LLC - Banc One Capital Markets, Inc. - Barclays Capital, Inc. - Bear Stearns & Co., Inc. - Bear Stearns Securities Corp - Bleichroede▇ (▇▇▇▇old & S.), Inc. - Ha▇▇▇▇ ▇▇sbitt Corp. - BNP Paribas Securit▇▇▇ ▇▇▇p. - Cantor, Fi▇▇▇▇▇▇▇▇ ▇▇▇▇▇itie - CIBC World Markets Corp. - Citadel Tradin▇ ▇▇▇▇▇ ▇.L.C. - Citigroup Global Markets Inc. - Commerzbank Capital Markets Corporation - Credit Lyonnais Securities (USA) Inc. - Credit Suisse First Boston LLC - Deutsche Bank Securities Inc. - Dresdner Kleinwort Wasserstein Securities LLC - Fimat USA, Inc. - Fortis Securities, ▇▇▇ - G.X. Clarke & Co. - Garban Corporates, LLC - Garban LLC - Goldman, ▇▇▇▇▇ & Co. - Greenwich Capital Markets, Inc. - HSBC Se▇▇▇▇▇▇▇s,(▇▇▇) Inc. - HBK Global Securities L.P. - ING Financial Markets LLC - JPMorgan Chase Bank** - JPMorgan Securities Inc. ** - Jefferies & Company, Inc. - KDC MERGER ARBITRAGE FUND, L.P. - La▇▇▇▇▇▇▇ ▇inancial Services, Inc. - Lazard Freres & Co. LLC - L▇▇▇ ▇▇▇▇▇ Wood Walker, Inc. - Lehman Brothers Inc - Maple Secur▇▇▇▇s ▇▇▇ ▇▇▇. - ▇▇rrill Lynch ▇▇▇▇▇▇ment Securities Inc. - Merrill Lynch, Pierce, F▇▇▇▇▇ & ▇▇▇▇▇ Inc. - Mesirow Financial - ▇▇▇▇▇▇ Securities USA, ▇▇▇. - ▇▇▇gan Stanley & Co. ...
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Related to Extension Trades

  • Extension Terms County may, at its sole option, extend the term of this Agreement beyond the Initial Term for up to ___ additional one-year terms at the same rates and under the same terms provided for herein (each such period being an “Extension Term”). County shall notify Contractor of its election for an Extension Term(s) as provided for in §6.

  • Extension Term The Term of this Lease of all of the Premises may be extended for the Extension Term by unconditional written notice from Tenant to Landlord at least twelve (12) (but not more than fifteen (15)) months before the end of the Initial Term, time being of the essence. If Tenant does not timely exercise this option, or if on the date of such notice or at the beginning of the Extension Term (i) an Event of Default by Tenant exists, or (ii) Tenant is not leasing sixty percent (60%) or more of the Premises, or (iii) Tenant has made any Transfer under Article 13 (other than a Related Party Transfer), at Landlord’s option upon written notice to Tenant, Tenant’s right to extend the Term of this Lease shall irrevocably lapse and be void and of no further force and effect, Tenant shall have no further right to extend, and this Lease shall expire at the end of the Initial Term. If Tenant fails to timely exercise its rights hereunder, then within seven (7) days of Landlord’s request therefor, Tenant shall execute and deliver to Landlord a certification, in recordable form, confirming the Tenant’s failure to exercise (or waiver of) such right, and Tenant’s failure to so execute and deliver such certification shall (without limiting Landlord’s remedies on account thereof) entitle Landlord to execute and deliver to any third party, and record, an affidavit confirming the failure or waiver, which affidavit shall be binding on Tenant and may be conclusively relied on by third parties. All references to the Term shall mean the Initial Term as it may be extended by the Extension Term. The Extension Term shall be on all the same terms and conditions except that the Base Rent for the Extension Term shall be as set forth below.

  • EXTENSION OF USE The Contract may be extended to additional States or governmental jurisdictions upon mutual written agreement between New York State (the lead contracting State) and the Contractor. Political subdivisions and other authorized entities within each participating State or governmental jurisdiction may also participate in the Contract if such State normally allows participation by such entities. New York State reserves the right to negotiate additional minimum NYS Vehicle Discounts based on any increased volume generated by such extensions.

  • Extension of Closing Date (a) If Paragraph 8(b) is checked and Closing funds from Buyer’s lender(s) are not available on Closing Date due 55 to Consumer Financial Protection Bureau Closing Disclosure delivery requirements (“CFPB Requirements”), 56 then Closing Date shall be extended for such period necessary to satisfy CFPB Requirements, provided such 57 period shall not exceed 10 days. (b) If an event constituting “Force Majeure” causes services essential for Closing to be unavailable, including the 59 unavailability of utilities or issuance of hazard, wind, flood or homeowners’ insurance, Closing Date shall be 60 extended as provided in STANDARD G.

  • Extension Request The Borrower shall provide the applicable Extension Request at least three (3) Business Days prior to the date on which Lenders under the Existing Term Loan Tranche or Existing Revolver Tranche, as applicable, are requested to respond, and shall agree to such procedures, if any, as may be established by, or acceptable to, the Administrative Agent, in each case acting reasonably to accomplish the purposes of this Section 2.16. No Lender shall have any obligation to agree to have any of its Term Loans of any Existing Term Loan Tranche amended into Extended Term Loans or any of its Revolving Credit Commitments amended into Extended Revolving Credit Commitments, as applicable, pursuant to any Extension Request. Any Lender holding a Loan under an Existing Term Loan Tranche (each, an “Extending Term Lender”) wishing to have all or a portion of its Term Loans under the Existing Term Loan Tranche subject to such Extension Request amended into Extended Term Loans and any Revolving Credit Lender (each, an “Extending Revolving Credit Lender”) wishing to have all or a portion of its Revolving Credit Commitments under the Existing Revolver Tranche subject to such Extension Request amended into Extended Revolving Credit Commitments, as applicable, shall notify the Administrative Agent (each, an “Extension Election”) on or prior to the date specified in such Extension Request of the amount of its Term Loans under the Existing Term Loan Tranche or Revolving Credit Commitments under the Existing Revolver Tranche, as applicable, which it has elected to request be amended into Extended Term Loans or Extended Revolving Credit Commitments, as applicable (subject to any minimum denomination requirements imposed by the Administrative Agent). In the event that the aggregate principal amount of Term Loans under the Existing Term Loan Tranche or Revolving Credit Commitments under the Existing Revolver Tranche, as applicable, in respect of which applicable Term Lenders or Revolving Credit Lenders, as the case may be, shall have accepted the relevant Extension Request exceeds the amount of Extended Term Loans or Extended Revolving Credit Commitments, as applicable, requested to be extended pursuant to the Extension Request, Term Loans or Revolving Credit Commitments, as applicable, subject to Extension Elections shall be amended to Extended Term Loans or Revolving Credit Commitments, as applicable, on a pro rata basis (subject to rounding by the Administrative Agent, which shall be conclusive) based on the aggregate principal amount of Term Loans or Revolving Credit Commitments, as applicable, included in each such Extension Election.