Common use of Performance and settlement Clause in Contracts

Performance and settlement. You will promptly deliver any instructions, money, docu­ ments or property deliverable by you under a Transaction in accordance with that Transaction as modified by any instructions given by us for the purpose of enabling us to perform our obligations under the relevant matching Trans­ action on a Market or with an intermediate broker. All Market Transactions should be settled or delivered in accordance with the relevant Market Rules. You acknowledge that Markets have cut­off times, and that we may not always be able to settle a Transaction on the due date for settlement.

Appears in 3 contracts

Sources: Eligible Counterparty Agreement, Eligible Counterparty Agreement, Eligible Counterparty Agreement