Foreign Exchange Forward Contract definition

Foreign Exchange Forward Contract or “FEF Contract” means a currency exchange transaction or agreement or any option with respect to any such transaction now existing or hereafter entered into between the Borrower and the Bank;
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Foreign Exchange Forward Contract or "FEF Contract" means a currency exchange transaction or agreement or any option with respect to any such transaction now existing or hereafter entered into between the Borrower and the Bank;
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Foreign Exchange Forward Contract or "FEF Contract" means a currency exchange transaction or agreement or any option with respect to any such transaction now existing or hereafter entered into between the Borrower and the Bank; At the Borrower's request, the Bank may agree to enter into FEF Contracts with the Borrower from time to time The Borrower acknowledges that the Bank makes no formal commitment herein to enter into any FEF Contract and the Bank may, at any time and at all times, in its sole and absolute discretion, accept or reject any request by the Borrower to enter into a FEF Contract If the Bank does enter into a FEF Contract with the Borrower, it will do so subject to the following:
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Examples of Foreign Exchange Forward Contract in a sentence

  • Each Lender agrees to promptly notify Agent of Borrower's request for such Lender to enter into a Foreign Exchange Forward Contract.

  • Borrowers and Agent will subtract 15% of each outstanding Foreign Exchange Forward Contract (the "Foreign Exchange Reserve") from the Availability.

  • Each Lender with a Revolver Commitment agrees to make an Advance of a Pro Rata Share of the payment Obligations owing by Borrowers under each Foreign Exchange Forward Contract entered into between Borrowers and a Lender.


More Definitions of Foreign Exchange Forward Contract

Foreign Exchange Forward Contract has the meaning set forth in Section 2.13(a).
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Foreign Exchange Forward Contract means an over-the-counter derivatives contract, under which one party agrees to purchase or sell a specified quantity of a currency to another party, at a specified future time (which includes at any time during a specified future period) and at a specified price payable at that time, whether or not the settlement is effected through actual delivery of the specified currency or otherwise;
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Related to Foreign Exchange Forward Contract

  • Foreign Exchange (FX) or “FX-like” Service means a retail service offering which allows FX End Users to obtain Exchange Service from a mandatory local calling area other than the mandatory local calling area where the FX End User is physically located, but within the same LATA as the number that is assigned. FX Service enables particular End Users to avoid what might otherwise be toll calls between the FX End User’s physical location and other End Users in the foreign exchange.

  • FX Forward Contract is defined in Section 2.1.3.

  • Forward Contract means, for each Forward, the contract evidencing such Forward between the Company and the Forward Purchaser, which shall be comprised of the Master Forward Confirmation and the related “Supplemental Confirmation” (as defined in the Master Forward Confirmation) for such Forward.

  • FX means the fixing of the FX Exchange Rate as published 2 p.m. Frankfurt am Main local time by the Fixing Sponsor on the FX Screen Page (or any successor).

  • Foreign Exchange (FX) means a service whereby calls either originated by or delivered to a customer who has purchased FX service from the state or interstate tariffs of either Party. FX also includes, but is not limited to, FX-like services provided by either Party where calls are originated from and/or delivered to numbers which are assigned to a Rate Center within one local calling area but where the Party receiving the call is physically located outside of that local calling area. FX service can be either interLATA or intraLATA. InterLATA FX, where the originating and receiving parties are physically located in different LATAs, is considered equivalent to FGA and the intercarrier compensation mechanism is the same as FGA. IntraLATA FX, when provided by two or more local exchange carriers “LECs”, is considered a jointly provided service and meet-point billed by those providing it utilizing a mutually agreed to meet-point billing, or meet-point billing like procedure.