FX Option Transaction definition

FX Option Transaction has the meaning ascribed to it in Clause 3.1 of Part VIII of the Agreement;
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FX Option Transaction or “Currency Option Transaction” means a transaction entitling Buyer, upon exercise, to purchase from Seller at the Strike Price a specified quantity of Call Currency and to sell to the Seller at the Strike Price a specified quantity of Put Currency. A FX Option includes both a Deliverable FX Option Transaction and a Non-deliverable FX Option Transaction.
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FX Option Transaction means each option entered into under an FX Option Agreement between the Issuer and an FX Derivative Provider.
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Examples of FX Option Transaction in a sentence

  • The FX Definitions (as amended and supplemented from time to time) are also incorporated into any Confirmation, with respect to a FX Transaction or FX Option Transaction, which supplements and forms part of this Master Agreement.

  • Sold Call Option means an FX Option Transaction where Halifax has the right to enter into an FX Transaction where the Client’s Base Currency will be the Short Currency and the Client’s Terms Currency will be the Long Currency.

  • If an FX Option Transaction has not been exercised in accordance with the terms thereof, it shall expire and become void and of no effect.

  • Sold Put Option means an FX Option Transaction where Halifax has the right to enter into an FX Transaction where the Client’s Base Currency will be the Long Currency and the Client’s Terms Currency will be the Short Currency.

  • The seller in an FX Option Transaction shall not be obliged to notify the buyer of any matter relating to such FX Option Transaction, including, but not limited to, the impending expiry or expiry of the FX Option Transaction or the need to serve notice to exercise if the buyer wishes to exercise the FX Option Transaction.

Related to FX Option Transaction

  • Termination Transaction has the meaning set forth in Section 11.2.B hereof.

  • Separation Transaction means the sale or separation of the non-television business of the Holding Company in whole or in part, whether by asset sale or otherwise.

  • Acquisition Transaction means any transaction or series of transactions involving:

  • Pawn transaction means the same as that term is defined in Section 13-32a-102.

  • Limited Condition Transaction means any Acquisition Transaction or any other acquisition or Investment permitted by this Agreement, in each case whose consummation is not conditioned on the availability of, or on obtaining, third party financing.