Opposite Positions Sample Clauses

The Opposite Positions clause defines how parties with offsetting or contrary obligations or claims under an agreement will handle those positions. In practice, this clause typically allows for the netting or set-off of amounts owed between the parties, so that only the net balance is paid or settled. This mechanism streamlines transactions and reduces the risk of default by ensuring that mutual obligations are efficiently reconciled, thereby simplifying settlement and minimizing credit exposure.
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Opposite Positions. MTC currently follows a Direct Market Access (DMA) and/or ECN agency model protocol, which is also imposed on them by their Prime Brokerage. All trades are routed directly through to the interbank marketplace via a bridge and price aggregation engine to manifold liquidity providers via contractual agreement lodged with MTC’s Prime Brokerage. Please note that while this is currently the case, MTC may provide b-book services, run risk, and hedge client positions in the future if desired and this may change at some point in the future at MTC’s sole discretion should MTC wish to cater to a wider retail client base, and should they be within their legal boundaries to do so.
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Opposite Positions. In certain circumstances, SMFX may take the opposite position in the Contract, either acting for another client or on our own account.
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Opposite Positions. In certain circumstances, LCM may take the opposite position in the Contract, either acting for another client or on our own account.
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Opposite Positions. MTC currently follows a Direct Market Access (DMA) and/or ECN agency execution model protocol, which is also imposed on them by their Prime Brokerage and license limitations. All trades are routed directly through to the interbank marketplace or the liquidity providers/ODP via a bridge and price aggregation engine via contractual agreement lodged with MTC’s counterparites.
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Opposite Positions. In certain circumstances, DTS LLC may take the opposite position in the Contract, either acting for another client or on our account.
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Opposite Positions. In certain circumstances, SPFX may take the opposite position in the Contract, either acting for another client or on our own account.
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Opposite Positions. In certain circumstances, Fidelcrest may take the opposite position in the Contract, either acting for another client or on our own account.
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Opposite Positions. In certain circumstances, ATHERFX LLC may take the opposite position in the Contract, either acting for another client or on our account.
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Opposite Positions. In certain circumstances, Lucror may take the opposite position in the Contract, either acting for another client or on our own account.
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Related to Opposite Positions

  • New Positions The Board, in consultation with the Association, shall prepare a new job description whenever a new position of special responsibility is created or whenever the duties of any such position are changed or increased. When such a position is created or changed, the allowance shall be subject to negotiations between the Board and the Association.

  • Excluded Positions When a College temporarily assigns an employee to the duties and responsibilities of a position excluded from the provisions of this Collective Agreement, the employee's obligations to contribute to the regular monthly Union dues under Article 5.4 and his/her seniority shall continue during the period of such temporary assignment up to a maximum period of twelve

  • Open Positions In order to ensure that all interested employees are advised of employment opportunities, notice of job vacancies for regular full or part time positions will be sent to the Union, and job announcements will be posted on designated bulletin boards in the office. In addition, information about all job vacancies will be available to employees by calling the office and in pay envelopes. All regular full or part time vacancies will be posted and filled in accordance with this Agreement. Postings will include position requirements, minimum qualifications, substitute and preferred qualifications (if any) and base rate of pay.

  • Other Positions Executive shall immediately resign, and shall be deemed to have immediately resigned without the requirement of any additional action, from any and all position Executive holds with the Company and its Affiliates on Executive’s Date of Termination.

  • Job Postings and Applications ‌ If a vacancy or a new job is created for which union personnel might reasonably be recruited, the following shall apply: (a) If the vacancy or new job has a duration of thirty (30) calendar days or more, the vacancy or new job including salary range, a summary of the job description, the required qualifications, the hours of work, including start and stop times and days off, the work area and the commencement date shall, before being filled, be posted for a minimum of seven (7) calendar days, in a manner which gives all employees access to such information, provided that no employees shall be entitled to relieve other regular employees under this clause on more than two (2) occasions in one calendar year unless the Employer and the Union otherwise agree in good faith. (b) Notwithstanding (a) above, if a temporary absence is one of less than ninety (90) calendar days, the work of the absent employee may be performed by employees working in float pool positions, where float pools exist. (c) Notwithstanding (a) above, if the vacancy is a temporary one of less than ninety (90) calendar days and the work is not being performed by a float employee, the position shall not be posted and instead shall be filled as follows: (i) where practicable by qualified regular employees who have indicated in writing their desire to work in such position consistent with the requirements of Article 14. Should a vacancy under this Article result in backfilling of more than one (1) vacancy (including the initial vacancy) the second (2nd) vacancy may be filled by an employee registered for casual work unless the Employer and the Union agree otherwise in good faith. If the application of this paragraph requires the Employer to pay overtime to the employee pursuant to Article 19, the proposed move shall not be made. An employee who accepts work under this provision is not eligible to work in another Article 16.01(c) assignment that conflicts with the accepted one. Probationary employees and employees undergoing a qualifying period shall not be considered for a 16.01(c) assignment in a different classification. (ii) by employees registered for casual work in accordance with the casual addendum. (iii) in cases of unanticipated or unplanned temporary absences, such temporary absence may first be filled under (c)(ii) for a period of up to seven (7) days. (d) A part-time employee who has accepted a casual assignment which conflicts with a temporary vacancy referred to in paragraph (c)(i) above shall be considered unavailable for such temporary vacancy. A part-time employee who has accepted a temporary vacancy referred to in paragraph (c)(i) above which conflicts with a casual assignment shall be considered unavailable for such casual assignment. Where an employee declines an offer to work under (c)(i) the Employer need not offer the work again to that employee under (c)(ii), if she/he is also registered for casual work. (e) Existing local agreements will be in force and effect (including termination clauses) unless changed by mutual agreement by the parties at the local level. (f) Where the local agreement covering access to work by part-time employees (former “15.01c”) does not contain a termination clause, the agreement may be terminated on giving of six (6) months’ notice by either party. (g) By mutual agreement, the parties may vary the job posting process set out in Article 16.01.