Monitoring of Delivery Periods and Option Expirations Clause Samples

The "Monitoring of Delivery Periods and Option Expirations" clause establishes the obligation for parties to actively track and manage key dates related to the delivery of goods or the exercise of options under a contract. In practice, this means that each party must be aware of and adhere to deadlines for delivering products, services, or for exercising contractual options, such as purchase or extension rights. By requiring diligent monitoring, the clause helps prevent missed deadlines, reduces the risk of disputes, and ensures that contractual obligations are fulfilled in a timely manner.
Monitoring of Delivery Periods and Option Expirations. The CTA is responsible for monitoring delivery periods (first notice dates and last trade dates), option expirations (option expiration and last trade dates), and forward settlement and/or maturity dates. · The CTA should take appropriate actions to ensure that futures contracts do not result in delivery. · The CTA should ensure that their intentions regarding any open option positions, at the time of expiration, have been communicated appropriately to the Futures or FX Ops areas. Contact Futures and FX Ops for specific communication procedures. · MF Ops is responsible for balancing of all journal entries in all Fund accounts and for ensuring the requisite corrective action is taken for each reconciling item. · MF Ops is responsible for the authorization of Fund margin transfers between MSC and MS&Co accounts for the purpose of maintaining equity (and/or collateral) in amounts sufficient to meet Fund margin requirements in the MSC Futures accounts and the FX custody accounts.
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Monitoring of Delivery Periods and Option Expirations. The CTA is responsible for monitoring delivery periods (first notice dates and last trade dates), option expirations (option expiration and last trade dates), and forward settlement and/or maturity dates. • The CTA should take appropriate actions to ensure that futures contracts do not result in delivery. • The CTA should ensure that their intentions regarding any open option positions, at the time of expiration, have been communicated appropriately to the Futures or FX Ops areas. Contact Futures and FX Ops for specific communication procedures.
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Monitoring of Delivery Periods and Option Expirations. The CTA is responsible for monitoring delivery periods (first notice dates and last trade dates), option expirations (option expiration and last trade dates), and forward settlement and/or maturity dates. · The CTA should take appropriate actions to ensure that futures contracts do not result in delivery. · The CTA should ensure that their intentions regarding any open option positions, at the time of expiration, have been communicated appropriately to the MSC Futures or MSC FX Operations areas. Contact MSC Futures and MSC FX Operations for specific communication procedures. · M▇▇▇▇▇ S▇▇▇▇▇▇ Managed Futures Fund Accounting (“MF Fund Accounting”) is responsible for balancing of all journal entries in all Fund accounts and for ensuring the requisite corrective action is taken for each reconciling item. · M▇▇▇▇▇ S▇▇▇▇▇▇ Managed Futures is responsible for the authorization of Fund margin transfers between MSC accounts, if applicable, for the purpose of maintaining equity (and/or collateral) in amounts sufficient to meet Fund margin requirements in the applicable MSC accounts.
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Monitoring of Delivery Periods and Option Expirations. The CTA is responsible for monitoring delivery periods (first notice dates and last trade dates), position limits, option expirations (option expiration and last trade dates), and forward settlement and/or maturity dates. • The CTA should take appropriate actions to ensure that futures contracts do not result in delivery. • The CTA should ensure that their intentions regarding any open option positions, at the time of expiration, have been communicated appropriately to the MSC Futures Ops areas. Contact MSC Futures Ops for specific communication procedures. • The Trading Manager, in conjunction with the Administrator, is responsible for balancing of all journal entries in all Fund accounts and for ensuring the requisite corrective action is taken for each reconciling item. • The Trading Manager is responsible for maintaining equity (and/or collateral) in amounts sufficient to meet Fund margin requirements in the MSC Futures accounts.
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Monitoring of Delivery Periods and Option Expirations. The CTA is responsible for monitoring delivery periods (first notice dates and last trade dates), option expirations (option expiration and last trade dates), and forward settlement and/or maturity dates. · The CTA should take appropriate actions to ensure that futures contracts do not result in delivery. · The CTA should ensure that their intentions regarding any open option positions, at the time of expiration, have been communicated appropriately to the MSC Futures or MSC FX Operations areas. Contact MSC Futures and MSC FX Operations for specific communication procedures. Margin Maintenance and Cash Transaction (Journal) Reconciliation · ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Managed Futures Fund Accounting (“MF Fund Accounting”) is responsible for balancing of all journal entries in all Fund accounts and for ensuring the requisite corrective action is taken for each reconciling item. · ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Managed Futures is responsible for the authorization of Fund margin transfers between MSC accounts, if applicable, for the purpose of maintaining equity (and/or collateral) in amounts sufficient to meet Fund margin requirements in the applicable MSC accounts. TRADING LEVEL NOTIFICATION: · For new trading allocations, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Managed Futures’ Investment Management team (“MF Investment Management”) will provide notification to the CTA of trading authorization and the trading commencement date, along with notification of the initial trading level. · Thereafter, notification of estimated monthly net additions/withdrawals will be distributed by MF Fund Accounting. On the second to last business day of each month a preliminary estimate will be provided. On the first business day of each month a final estimate will be given. Any material adjustment (1% of account equity) from the final estimate to the actual will be provided. Notification will be made via fax or email and the CTA will be asked to acknowledge receipt via fax or email. Questions regarding this procedure can be directed to MF Fund Accounting. · Subsequent to a Fund’s monthly closing, actual additions and withdrawals will be processed by MF Accounting/the Administrator via journal entry in the Fund account at MS&Co. · Any other trading level/asset allocation changes will be communicated in writing from MF Fund Accounting or MF Investment Management. FUND ACCOUNTING: A-4 Net Asset Value Calculation · MF Accounting/the Administrator is responsible for determination of daily NAV estimates for the Funds. · MF Accounting/...
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Related to Monitoring of Delivery Periods and Option Expirations

  • Share Termination Delivery Property A number of Share Termination Delivery Units, as calculated by the Calculation Agent, equal to the Payment Obligation divided by the Share Termination Unit Price. The Calculation Agent shall adjust the Share Termination Delivery Property by replacing any fractional portion of a security therein with an amount of cash equal to the value of such fractional security based on the values used to calculate the Share Termination Unit Price.

  • Share Deliveries Notwithstanding anything to the contrary herein, Company agrees that any delivery of Shares or Share Termination Delivery Property shall be effected by book-entry transfer through the facilities of DTC, or any successor depositary, if at the time of delivery, such class of Shares or class of Share Termination Delivery Property is in book-entry form at DTC or such successor depositary.

  • Maximum Share Delivery (i) Notwithstanding any other provision of this Confirmation, the Agreement or the Equity Definitions, in no event will Company at any time be required to deliver a number of Shares greater than two times the Number of Shares (the “Maximum Number of Shares”) to Dealer in connection with the Transaction. (ii) In the event Company shall not have delivered to Dealer the full number of Shares or Restricted Shares otherwise deliverable by Company to Dealer pursuant to the terms of the Transaction because Company has insufficient authorized but unissued Shares (such deficit, the “Deficit Shares”), Company shall be continually obligated to deliver, from time to time, Shares or Restricted Shares, as the case may be, to Dealer until the full number of Deficit Shares have been delivered pursuant to this Section 9(p)(ii), when, and to the extent that, (A) Shares are repurchased, acquired or otherwise received by Company or any of its subsidiaries after the Trade Date (whether or not in exchange for cash, fair value or any other consideration), (B) authorized and unissued Shares previously reserved for issuance in respect of other transactions become no longer so reserved or (C) Company additionally authorizes any unissued Shares that are not reserved for other transactions; provided that in no event shall Company deliver any Shares or Restricted Shares to Dealer pursuant to this Section 9(p)(ii) to the extent that such delivery would cause the aggregate number of Shares and Restricted Shares delivered to Dealer to exceed the Maximum Number of Shares. Company shall immediately notify Dealer of the occurrence of any of the foregoing events (including the number of Shares subject to clause (A), (B) or (C) and the corresponding number of Shares or Restricted Shares, as the case may be, to be delivered) and promptly deliver such Shares or Restricted Shares, as the case may be, thereafter. (iii) Notwithstanding anything to the contrary in the Agreement, this Confirmation or the Equity Definitions, the Maximum Number of Shares shall not be adjusted on account of any event that (x) constitutes a Potential Adjustment Event solely on account of Section 11.2(e)(vii) of the Equity Definitions and (y) is not an event within Company’s control.

  • Share Delivery Delivery of any shares in connection with settlement of the Award will be by book-entry credit to an account in the Grantee’s name established by the Company with the Company’s transfer agent, or upon written request from the Grantee (or his personal representative, beneficiary or estate, as the case may be), in certificates in the name of the Grantee (or his personal representative, beneficiary or estate).

  • Termination Expiration Suspension Remedies (a) TERMINATION FOR NONAPPROPRIATION OR REDUCTION OF FUNDS OR CHANGES IN LAW. Enterprise Services may suspend or terminate this Participating Addendum and Purchasers may suspend or terminate applicable Purchase Orders, in whole or in part, at the sole discretion of Enterprise Services or, as applicable, Purchaser, if Enterprise Services or, as applicable, Purchaser reasonably determines that: (a) a change in Federal or State legislation or applicable laws materially affects the ability of either party to perform under the terms of this Participating Addendum or applicable Purchase Order; or (b) that a change in available funds affects Purchaser’s ability to pay under the applicable Purchase Order. A change of available funds as used in this section includes, but is not limited to a change in Federal or State funding, whether as a result of a legislative act or by order of the President or the Governor. If a written notice is delivered under this provision, Purchaser will reimburse Contractor for Goods properly ordered and/or Services properly performed until the effective date of said notice. Except as stated in this provision, in the event of termination for nonappropriation or reduction of funds or changes in law, Purchaser will have no obligation or liability to Contractor for payment of terminated Purchase Orders.