Foreign Exchange Contract definition

Foreign Exchange Contract is a transaction that involves a contract for the exchange of one currency for another at an agreed Exchange Rate;
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Foreign Exchange Contract means a contract to buy or sell one currency or precious metal in exchange for another based on the prevailing spot rate determined by OANDA.
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Foreign Exchange Contract means a contract relating to a Foreign Exchange Transaction entered into between us;
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Examples of Foreign Exchange Contract in a sentence

  • If the Customer places an order at exchange rates deviating from prevailing foreign exchange market rates and the Bank executes such order as specified by Customer, despite the Customer’s use of an incorrect foreign exchange rate, the Bank may cancel the Foreign Exchange Contract Transaction concluded through the Services, and the cost of canceling such transaction shall be borne by Customer unless there exists another reason for canceling the transaction which is attributable to the Bank.

  • Simultaneously with the delivery of Deposited Securities to the Owner or its designee, the Custodian, pursuant to the Foreign Exchange Contract, will issue or cause to be issued to the Owner or such designee a certificate which states that the Deposited Securities have been transferred to the Owner or its designee by the Depositary and that the Depositary waives in favor of the Owner or its designee the right of access to the formal foreign exchange market relating to such withdrawn Deposited Securities.

  • Any Foreign Exchange Contract executed under the Services may not be changed or cancelled via the Services by the Customer.

  • No Share shall be accepted for deposit unless accompanied by evidence satisfactory to the Depositary that the deposit has been authorized by the Central Bank (unless and until the Company provides the Depositary with evidence satisfactory to it that such authorization is no longer necessary), and that the conditions for such authorization, as set forth in the Foreign Exchange Contract, have been satisfied.

  • The commitment by the Bank to enter into Foreign Exchange Contracts shall, unless earlier terminated in accordance with this Agreement, automatically terminate on the Expiration Date and no Foreign Exchange Contract shall expire on a date which is after the Expiration Date.


More Definitions of Foreign Exchange Contract

Foreign Exchange Contract means a legally binding agreement between you and us to exchange Australian dollars for foreign currency in order to send a Telegraphic Transfer.
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Foreign Exchange Contract means the "Chapter XXVI Agreement" among the Central Bank, The Bank of New York and the Company, entered into under Article 47 of the Constitutional Organic Law of the Central Bank and the provisions of Chapter XXVI of the Compendium of Foreign Exchange Regulations of the Central Bank.
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Foreign Exchange Contract means a Transaction which is conducted via COMSUITE FOREX.
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Foreign Exchange Contract means the agreement of the Lender to sell, and the Borrower to buy, foreign currency on a forward contract basis.
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Foreign Exchange Contract means value today, value tomorrow, spot and forward foreign exchange contracts.
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Foreign Exchange Contract means the foreign exchange agreement entered into under Article 47 of the Constitutional Organic Law of Banco Central de Chile and the provisions of former Chapter XXVI of the Compendium among the Central Bank, Citibank, N.A. and the Company, dated as of July 29, 1994, as the same may be amended or supplemented from time to time.
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Foreign Exchange Contract means each contract to be entered into as of the close of business on the date that is two (2) Business Days prior to the Closing Date between Aracruz Celulose and the Brazilian Affiliate of each Funding Lender (or any other Brazilian bank authorized to operate in the foreign exchange market as any such Funding Lender may designate in its sole discretion) to convert the proceeds paid by the Borrower to Aracruz Celulose (with the proceeds of such Funding Lender’s Loan) into Reais for further payment of the Real-Denominated Obligations as contemplated in Section 2.3.
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