TRANSACTIONS TERMS Sample Clauses

The Transactions Terms clause defines the specific conditions and rules that govern the execution of transactions under the agreement. It typically outlines details such as payment methods, delivery timelines, order procedures, and any requirements for acceptance or rejection of goods or services. By clearly setting out these operational details, the clause ensures both parties understand their obligations and helps prevent disputes related to the performance of transactions.
TRANSACTIONS TERMS. 3.1. In order to execute an FX Transaction, the Customer is required to sign all documents the Bank deems necessary and that are required by the transaction. 3.2. The Bank is entitled but not required to accept the Customer’s Order for the execution of a transaction and previous practices or tactics do not constitute a precedent for a subsequent transaction. 3.3. For the execution of FX Transactions, the Bank collaborates with financial institutions in Romania, Greece and abroad which it liberally selects. 3.4. The Customer determines the FX Transaction type and the manner of execution. He also determines the length of time the Order is in effect for execution, which can be specific or good till cancelled, and its being in effect, or not, during non- Banking Days or hours of the Bank. Immediately after the confirmation of the deal with the Bank, the transaction has to be imputed and authorized in the system. 3.5. The Customer can buy foreign currency at the Bank’s selling rate (Ask) and/or can sell foreign currency at the Bank’s buying rate (Bid) in exchange for the counter value in the local currency or any other involved currency in the respective currency pair. 3.6. For the FX Transactions mentioned in paragraph 2.1 where one of the two currencies involved is in cash, the customer has the right to: i. Perform the transaction at the Official Foreign Exchange Rates of the Bank for cash transactions without paying additional fees or commissions. Exceptions may apply to specific Branches with increased transaction volumes and the customers will be duly notified in any such case. ii. Perform the transaction at the Official Foreign Exchange Rates of the Bank for non cash transactions and pay the applicable commissions for cash depositing or cash withdrawal as per the prevailing Bank’s Tariff. 3.7. For non cash FX Transactions with a nominal value above the threshold listed on the Bank’s website (Treasury section) , the Customer is not obliged, but has the right to ask for a negotiated FX rate for the specific transaction. When a negotiated FX rate is requested by the Customer, an Officer of the Bank, or the Customer, if he has been granted with direct access to the Bank’s Treasury, can communicate with Treasury describing the details of the Order and requesting an FX price.
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TRANSACTIONS TERMS. 3.1. In order to execute an FX Transaction, the Customer is required to sign all documents the Bank deems necessary and that are required by the transaction. 3.2. The Bank is entitled but not required to accept the Customer’s Order for the execution of a transaction and previous practices or tactics do not constitute a precedent for a subsequent transaction. 3.3. For the execution of FX Transactions, the Bank collaborates with financial institutions in Romania, Greece and abroad which it liberally selects. 3.4. The Customer determines the FX Transaction type and the manner of execution. He also determines the length of time the Order is in effect for execution, which can be specific or good till cancelled, and its being in effect, or not, during non- Banking Days or hours of the Bank. Immediately after the confirmation of the deal with the Bank, the transaction has to be imputed and authorized in the system. 3.5. The Customer can buy foreign currency at the Bank’s selling rate (Ask) and/or can sell foreign currency at the Bank’s buying rate (Bid) in exchange for the counter value in the local currency or any other involved currency in the respective currency pair.
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TRANSACTIONS TERMS. 3.1. In order to execute an FX Transaction, the Customer is required to sign all documents the Bank deems necessary and that are required by the transaction. 3.2. The Bank is entitled but not required to accept the Customer’s Order for the execution of a transaction and previous practices or tactics do not constitute a precedent for a subsequent transaction. 3.3. For the execution of FX Transactions, the Bank collaborates with financial institutions in Romania, Greece and abroad which it liberally selects. 3.4. The Customer determines the FX Transaction type and the manner of execution. He also determines the length of time the Order is in effect for execution, which can be specific or good till cancelled, and its being in effect, or not, during non- Banking Days or hours of the Bank. Immediately after the confirmation of the deal with the Bank, the transaction has to be imputed and authorized in the system. 3.5. The Customer can buy foreign currency at the Bank’s selling rate (Ask) and/or can sell foreign currency at the 3.6. For the FX Transactions mentioned in paragraph 2.1 where one of the two currencies involved is in cash, the customer has the right to: i. Perform the transaction at the Official Foreign Exchange Rates of the Bank for cash transactions without paying additional fees or commissions. Exceptions may apply to specific Branches with increased transaction volumes and the customers will be duly notified in any such case. ii. Perform the transaction at the Official Foreign Exchange Rates of the Bank for non cash transactions and pay the applicable commissions for cash depositing or cash withdrawal as per the prevailing Bank’s Tariff. 3.7. For non cash FX Transactions with a nominal value above the threshold listed on the Bank’s website (Treasury section) , the Customer is not obliged, but has the right to ask for a negotiated FX rate for the specific transaction. When a negotiated FX rate is requested by the Customer, an Officer of the Bank, or the Customer, if he has been granted with direct access to the Bank’s Treasury, can communicate with Treasury describing the details of the Order and requesting an FX price.
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TRANSACTIONS TERMS. Limits: We may delay, suspend or reject a payment(s) transaction for any reason, including without limitation if we suspect the transaction subjects us to financial or security risk, fraudulent, suspicious, unlawful, in violation of the terms of this Agreement, subject to dispute or otherwise unusual. In case the Users are unable to furnish the required documents for validation or fraudulent transactions, RentFatafat reserves the right to refund the transaction amount to the source account after due deduction of the charges incurred.
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Related to TRANSACTIONS TERMS

  • Transaction Terms Product: Firm (LD) Energy Delivery Point: MISO CP Node AMIL.BGS6, or any successor thereto Quantity: See Table 1 below.

  • Restructuring Transactions On the Effective Date, the Debtor, Newco, GP, Finance Co and Merger Co shall enter into the Consensual Transaction described in Section 3 of the Implementation Plan attached to the Transaction Support Agreement as Exhibit B. On the later of the Effective Date and the Merger Date, the Debtor and Merger Co will enter into a merger agreement under which the Debtor will merge with Merger Co, and following the merger, the Debtor will be the surviving and successor entity. The actions to implement this Plan and the Implementation Plan may include, in accordance with the consent rights in the Transaction Support Agreement: (a) the execution and delivery of appropriate agreements or other documents of merger, amalgamation, consolidation, restructuring, conversion, disposition, transfer, arrangement, continuance, dissolution, sale, purchase, or liquidation containing terms that are consistent with the terms of the Plan and the Transaction Support Agreement and that satisfy the applicable requirements of applicable law and any other terms to which the applicable Entities may agree; (b) the execution and delivery of appropriate instruments of transfer, assignment, assumption, or delegation of any asset, property, right, liability, debt, or obligation on terms consistent with the terms of the Plan and the Transaction Support Agreement and having other terms for which the applicable parties agree; (c) the filing of appropriate certificates or articles of incorporation, reincorporation, merger, consolidation, conversion, amalgamation, arrangement, continuance, or dissolution pursuant to applicable state or provincial law; (d) the execution and delivery of contracts or agreements, including, without limitation, transition services agreements, employment agreements, or such other agreements as may be deemed reasonably necessary to effectuate the Plan in accordance with the Transaction Support Agreement; and (e) all other actions that the applicable Entities determine to be necessary, including making filings or recordings that may be required by applicable law in connection with the Plan.

  • Formation Transactions The Formation Transactions shall have been or shall be consummated substantially concurrently in accordance with the timing set forth in the respective Formation Transaction Documentation.

  • Exempt Transactions The following transactions shall be exempt from the provisions of this Section 4: (1) any transfer of Shares to or for the benefit of any spouse, child or grandchild of the Participant, or to a trust for their benefit; (2) any transfer pursuant to an effective registration statement filed by the Company under the Securities Act of 1933, as amended (the “Securities Act”); and (3) the sale of all or substantially all of the outstanding shares of capital stock of the Company (including pursuant to a merger or consolidation); provided, however, that in the case of a transfer pursuant to clause (1) above, such Shares shall remain subject to the right of first refusal set forth in this Section 4.

  • Conditions Applicable to All Sale and Purchase Transactions (a) Any transaction effected under this Article X or in connection with the acquisition of additional Collateral Loans shall be conducted on an arm’s length basis and, if effected with a Person that is an Affiliate of the Collateral Manager (or with an account or portfolio for which the Collateral Manager or any of its Affiliates serves as investment adviser), shall be on terms no less favorable to the Borrower than would be the case if such Person were not such an Affiliate or as otherwise expressly permitted in this Agreement. (b) Upon each contribution of one or more Collateral Loans from the BDC to the Borrower and upon each acquisition by the Borrower of a Collateral Loan from the BDC, the Collateral Manager or any of their respective Affiliates (each such contribution or other such acquisition, an “Affiliate Loan Acquisition”) (i) all of the Borrower’s right, title and interest to such Collateral Loan shall be subject to the Lien granted to the Collateral Agent pursuant to this Agreement and (ii) such Collateral Loan shall be Delivered to the Collateral Agent (or the Custodian on its behalf, as applicable), provided, that, notwithstanding the foregoing, the Related Documents and Loan Checklist may be delivered within ten (10) Business Days of the contribution or acquisition. (c) The Aggregate Principal Balance of the Collateral Loan(s) which are the subject of any sale to an Affiliate of the Borrower under this Article X or substitution pursuant to Section 10.03, together with the sum of the Aggregate Principal Balance of all Collateral Loans sold to Affiliates or substituted in the 12 month period preceding the proposed date of sale or substitution (or such lesser number of months as shall have elapsed since the Closing Date) shall not exceed 20% of the Net Purchased Loan Balance; provided that, the sum of the Aggregate Principal Balance of all Defaulted Collateral Loans or Ineligible Collateral Loans sold to Affiliates or substituted in the 12 month period preceding the proposed date of sale or substitution (or such lesser number of months as shall have elapsed since the Closing Date) shall not exceed 10% of the Net Purchased Loan Balance. For the avoidance of doubt, the foregoing limitations shall not apply (i) to Warranty Loans (as defined in the Purchase and Sale Agreement) or (ii) where Collateral Loans are sold by the Borrower in connection with a Permitted Securitization.