Transaction Procedure Clause Samples

Transaction Procedure a. All transactions will be consummated by payments to, or delivery by, Client, or such other party as Client may designate in writing (the "Custodian"), of all cash and/or securities due to or from the Account. Adviser shall not act as custodian for the Account and shall not take possession of cash and/or securities of the Account. Adviser shall not be responsible for any loss incurred by reason of any act or omission of any broker or dealer or the Custodian. Client shall not withdraw or deposit cash and/or securities in the Account without simultaneously informing Adviser. b. Except for approval of Account transactions (which can be verbal), all directions, instructions and/or notices from the Client to Adviser shall be in writing. Adviser shall be fully protected in relying upon any direction, notice, or instruction until it has been duly advised in writing of changes therein. Adviser shall endeavor to process all Account transactions in a timely manner, but does not warrant or represent that any such transaction shall be effected on the same day as discussed. c. As a non-discretionary engagement, the Client must be willing to accept that the Adviser cannot affect any Account transactions without obtaining prior verbal consent to any such transaction(s) from the Client. Thus, in the event of a market correction, during which the Client is unavailable, the Adviser will be unable to affect any Account transactions without first obtaining the Client’s verbal consent;

Transaction Procedure. When, from time to time, Customer and Company verbally agree upon all terms of a Transaction including, but not limited to, determination of Buyer and Seller, Contract Price, DCQ or MaxDQ and MinPQ, Period of Delivery, Delivery Point, amount and type of security to be delivered, and timing for delivery thereof, such Transaction shall be legally binding and enforceable, regardless of whether or not such Transaction has been reduced to written form or signed by the Parties.

Transaction Procedure a) Should the Parties come to an agreement regarding a transaction, the Seller or Buyer shall record that agreement on a Confirmation and communicate such Confirmation in accordance with Section 29 – Notice. b) Seller will sell to Buyer and Buyer will purchase from Seller that quantity of Product set out in a Confirmation. Buyer shall pay to Seller the price of the Products in accordance with the terms and conditions of this Agreement. c) A Confirmation will be evidence of acceptance of an offer and will legally bind Parties with respect to such transaction. Seller may re-issue a Confirmation to correct any manifest error promptly identified by ▇▇▇▇▇, without invalidating a transaction. d) A Confirmation may confirm more than one transaction. A Confirmation will only contain the commercial terms of a transaction(s) and will not contain terms otherwise modifying, varying or amending this Agreement and will be governed by the provisions of this Agreement. e) The Parties acknowledge that their agreement will not be binding until the exchange and execution of the Confirmation, the passage of the Confirmation deadline without objection from the receiving Party, or upon Buyer taking delivery of Product from Seller. f) If there is any conflict between the Confirmation and these General Terms and Conditions, the Confirmation will prevail.

Transaction Procedure. Preliminary Approval of New Asset Which is an Eligible Asset.

Transaction Procedure. (i) The parties agree that the essential terms of each Transaction to be entered into hereunder may be orally agreed upon over the telephone, in writing via email or instant messaging system, and in accordance with any other method customary for commodity transactions of the type proposed. (ii) Following agreement on the terms of a Transaction, Party A shall complete and sign a Confirmation recording the agreed upon terms and forward same to Party B. Party B shall either execute and return the Confirmation or return the Confirmation with applicable corrections, if any, within two (2) Local Business Days of receipt of the Confirmation. Failure of Party A to complete and sign a Confirmation will not affect the validity or enforceability of the Transaction. The Parties shall resolve any dispute in respect of a Confirmation raised within the applicable two (2) Local Business Day period in good faith and, if available, with reference to the recorded telephone negotiations of the Transaction, if any, or with reference to any written exchange confirming the terms of the Transaction at the time such Transaction was entered into. Failure by Party B to respond to any Confirmation within the two (2) Local Business Day period after receipt will not adversely affect the binding, valid and enforceable nature of any Transaction and will, absent manifest error, be deemed to be an affirmation of the terms of the Transaction as set out in the Confirmation.

Transaction Procedure. Provider’s side sends DOA for buyer to complete in full with supporting Coporate Undertaking letter and verfiable RWA buyer’s bank letter confirming the buyer has financial capacity and the bank is ready to issue bank undertaking of the required amount. In the event of non-performance (including delays or delivery of Bank Undertaking or any payment demand) to pay to the Provider and to the respective Consultants 1.0% for provider and 0.5% for involved consultants (one and a half percent) of the face value of instrument. Timing is adhered to from both parties in the transaction. • Receiver sends back completed documents as requested. • After successful verfication of agreement, (at Provider’s discretion) coporate undertaking and RWA from buyer’s bank, from Provider’s own due diligence and satisfaction, the Provider executes in the DOA in full, signs and initials advised Deed of Agreement, which thereby automatically becomes a full commercial recourse contract to be lodged by both partiesfor initiation of the Swift Transmission. The Receiver provides a corporate letter of undertaking confirming they have set aside commission fees of 1.0% for sell side and 1.0% for buy side consultants (total Two Percent of face value) of the face value () of the SBLC requested. • Within three (3) working days after the Receiver receives contract documents, the Receiver will send by direct Bank Undertaking Swift MT799 10% (Ten percent) of the face value into the Provider’s designated bank coordinates for the receiving of the Bank Undertaking MT799. • Within Five (5) banking days after confirmation and acceptance of receipt of the Bank Undertaking from the receiver of the SBLC via Swift MT799 in Provider’s bank account, the Provider will deliver the SBLC via Bank to Bank confirmation MT799 followed by MT760 to the Receiver’s banker including the hard copy of the BG/SBLC via bank bonded courier in Seven (7) banking days. • Receiver paysfees of 8% by Swift MT103 to the Provider (Providers designated bank account) and 4% consultants commission fees (Consultants designated accounts) of total BG / SBLC Face Value by wire transfer within Three-Ten (3-10) banking days upon delivery, confirmation and verification of SBLC by MT760 in the Receiver’s nominated account and SBLC hard copy in the Receiver’s nominated bank. • Provider confirms upon receipt of full payment is made by MT103, of fees of 8% to the Provider and 4% Consultant fees, the Bank Undertaking will be cancelled immediatel...

Transaction Procedure. 4.1 Transactions in the System are concluded based on the Orders, placed by the Users in accordance with conditions defined by the Parties on the basis of the preconditions for the reimbursable alienation of rights to the Cryptocurrency. Meanwhile, the Service, under no circumstances, is a party of the Transactions. 4.2 The Service charges the Users a commission for transactions. Commission amount is defined based on the tariffs. 4.3 To place an Order the User has to replenish the Wallet for the sum given in the deployed Order and to fill a special form on the website page “Bidding” or “Exchange” depending on the Order, provided for every type of Orders specified in the section of the Agreement. 4.4 User’s Order is registered in the System after checking the availability of sufficient funds on the Wallet. The Service controls whether the Users have the ability to conclude Transactions and, thus, bolster confidence of Users in each other and decreases the risk of default on transactions by the User. The System does not register the Order if there is no enough funds on the Wallet to execute a transaction on a placed order. 4.5 The User has no right to place more than 20(twenty) Orders during the day. The System does not register Orders over the mentioned amount. 4.6 The Order can be withdrawn by the User before being fully accomplished. 4.7 A published Order is available for all the Users until the moment of its execution or withdrawal. A published order is the User’s offer to conclude a Transaction. 4.8 A transaction on ta placed Order is concluded if the System registers a counter Order placed by another User. Counter orders are Orders with the same exchange type and Rate, but with a reverse direction. Meanwhile, registration of Counter Orders by the System is recognized by the Users as acceptance of Orders. Order is considered executed from the moment of registration of the Counter Order by the System. 4.9 The order can be executed partly. In this case, the System will place a new Order with the amount of the unexecuted balance of the originally placed Order. 4.10 The execution of a Transaction is carried out by transferring the Instruments specified in the counter Orders due to the Users of the Accounts. Transferring the mentioned Instruments is automatically performed by the System. Meanwhile, System’s actions are considered to be performed under the instruction of the User. 4.11 User’s actions on the publication of Orders, withdrawal of Orders, conclus...

Transaction Procedure. Buyer signs and sends this Deed of Agreement (DOA) to the Seller with a current account statement to show evidence of the availability of the Refundable Indemnity Fee (hereinafter referred to as “RIF”) (Account must be in the name of the Applicant). Seller must verify the account statement to be authentic and then clause 3 shall follow after Provider/Seller’s issuing bank compliance due diligence approval. The DOA should contain copies of ▇▇▇▇▇’s passport, Company Registration Certificate, Company’s Board resolution and Client’s Information Sheet (CIS) with Full details of directors official email addresses, Personal email addresses, valid office phone Numbers, valid & working personal/Mobile Phone Numbers and all relevant contact information’s

Transaction Procedure. The term "Transaction" refers to any agreement for the purchase or sale of Coal between Enron North America Corp. (“ENA”) and the "Counterparty" (the party other than ENA) (each a "Party"), entered into pursuant to these General Terms and Conditions. The special terms and conditions of a particular Transaction for the sale or purchase of Coal, including but not limited to, the descriptions of payment terms, price, quantity/tolerance, specifications, delivery location and delivery schedule shall be as set forth on this website ("Special Terms and Conditions"). Such Special Terms and Conditions, together with these General Terms and Conditions, constitute the Parties' entire agreement as to a particular Transaction and override and take the place of any terms or conditions emanating from or referred to by Counterparty. As used herein, the term "this Agreement" means the Special Terms and Conditions evidencing a particular Transaction in issue, of which these General Terms and Conditions are a part. All capitalized terms used herein which are not defined herein shall have the meanings given to them in the Special Terms and Conditions or any written confirmation relating to the Transaction. The term "Seller" shall mean the Party agreeing to sell and deliver Coal to Buyer, and the term "Buyer" shall mean the Party agreeing to purchase and receive Coal from Seller.