Common use of Termination/Cancellation of Orders by Telephone Only Clause in Contracts

Termination/Cancellation of Orders by Telephone Only. You may cancel a Limit Order at any time before the Target Rate is reached by giving us notice by telephone. You may not cancel a Limit Orderafter the Target Rate has been reached, whether or not we have notified you that the Target Rate has beenreached. When the Target Rate is reached, you are legally bound to complete the Transaction.

Appears in 1 contract

Sources: Terms and Conditions Master Agreement

Termination/Cancellation of Orders by Telephone Only. You may cancel a Limit Order at any time before the Target Rate is reached by giving us notice by telephone. You may not cancel a Limit Orderafter Order after the Target Rate has been reached, whether or not we have notified you that the Target Rate has beenreachedbeen reached. When the Target Rate is reachedtriggered, you are legally bound to complete the Transaction.

Appears in 1 contract

Sources: Master Agreement