Transaction in foreign currency Sample Clauses
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Transaction in foreign currency. In the event that the Client instructs GTJAF to enter into any Derivatives transactions which are effected in a foreign currency, (i) any profit or loss arising as a result of a fluctuation in the exchange rate affecting such currency will be entirely for the Client’s account and at the Client’s risk; (ii) Margin shall be recorded in such currency or currencies and in such amounts as GTJAF may in GTJAF's sole discretion elect; and (iii) GTJAF is authorized to convert funds in the Account into and from such foreign currency at a rate of exchange determined by GTJAF, in its sole discretion, on the basis of the then prevailing money market rates. If, for any purpose, the Client is required to convert any amount due to GTJAF into a currency other than that in which it would otherwise have been due, the Client shall pay GTJAF such additional amounts as are necessary to ensure that, when received and reconverted, GTJAF will receive the full amount in the original currency as it would have received had no such conversion taken place.
Transaction in foreign currency. 9.1 The Cardholder must pay as Myanmar Kyat, if any payment received or recovered is in a foreign currency, KBZ Bank will convert it into Myanmar Kyat at the prevailing rate of exchange KBZ Bank use. The Cardholder agrees to indemnify KBZ Bank for any shortfall and will take full responsibility for any loss and bear all the risks arising from the currency conversion.
9.2 All transactions in foreign currencies will be subject as markup fee on the transaction amount or such other amount as determined by KBZ Bank. Currency Conversion rate may change from time to time without prior notice to the Cardholder for cash withdrawal in Foreign Currency.
Transaction in foreign currency. In the event that Client instructs NECHK to enter into any securities transactions on an Exchange or other market on which such transactions are effected in a currency other than the currency in which the account is denominated then:
(i) Any profit, loss and expenses arising from fluctuation in the exchange rate of the relevant currencies shall be for the account of the account of the Client solely; and
(ii) When such securities are bought, sold, set off or otherwise liquidated, NECHK may in its absolute discretion debit or credit the account in the currency in which the account is denominated at an exchange rate determined conclusively by NECHK on the basis of the prevailing market rates of exchange between the relevant currencies. The Client authorizes NECHK to debit the account for any expenses incurred in effecting the currency conversion. NECHK hereby reserves the right at any time to refuse to accept any instructions from the Client in relation to currency conversion.
Transaction in foreign currency. In the event that the Client instructs CCBIS to enter into any Future or Option transactions which are effected in a foreign currency, (i) any profit or loss arising as a result of a fluctuation in the exchange rate affecting such currency will be entirely for the Account and at the Client’s risk; (ii) Margin shall be recorded in such currency
Transaction in foreign currency. In the event that Client instructs GTJAS to enter into any Securities trading transactions, which are effected in a foreign currency, (i) any profit or loss arising as a result of a fluctuation in the exchange rate affecting such currency will be entirely for Client’s account and at Client’s risk; and (ii) GTJAS is authorized to convert funds in the Account into and from such foreign currency at prevailing market rate of exchange. If, for any purpose, the Client is required to convert any amount due to GTJAS into a currency other than that in which it would otherwise have been due, the Client shall pay GTJAS such additional amounts as are necessary to ensure that, when received and reconverted, GTJAS will receive the full amount in the original currency as it would have received had no such conversion taken place.
Transaction in foreign currency. In the event that Client instructs Suntek to enter into any Transactions relating to Securities on an Exchange or other market on which such Transactions are effected in a currency other than the currency in which the Account is denominated then:
(i) Any profit, loss and expenses arising as a result of fluctuation in the exchange rate affecting such currency will be entirely for the Account and at the Client’s own risk; and
(ii) Suntek is authorized to convert funds in the Account into and from such foreign currency at prevailing market rate of exchange. If, for any purpose, the Client is required to convert any amount due to Suntek into a currency other than that in which it would otherwise have been due, the Client shall pay Suntek such additional amounts as are necessary to ensure that, when received and reconverted, Suntek will receive the full amount in the original currency as it would have received had no such conversion taken place.