Common use of Underlying Instrument Clause in Contracts

Underlying Instrument. neither you nor us: (i) acquire any interest in, or right to, acquire; and (ii) is obliged to sell, purchase, hold, deliver or receive any Underlying Instrument;

Underlying Instrument. neither you nor us: (ia) acquire any interest in, or right to, acquire; and (iib) is obliged to sell, purchase, hold, deliver or receive any Underlying Instrument;

Underlying Instrument. neither you nor or us: (i) acquire any interest in, or right to, acquire; and (ii) is obliged to sell, purchase, hold, deliver or receive any Underlying Instrument;