A forward contract is a customized contract between two parties to buy or sell an asset at a specified price on a future date. A Contract must be signed for at least the initial duration but not longer than the period of procurement listed in the RFR, or other solicitation document (if.In a forward contract, the buyer takes a long position to buy a certain amount of foreign currency at a specified future date. In a forward purchase agreement, the parties enter into a contract to buy or sell an asset at an agreed upon price at a future date. A variable prepaid forward contract is a strategy used to cash in stock shares while deferring the taxes owed on the capital gains. Please fill out this field. Learn how to fill out a Financial Statement Form, which you need for many types of cases in Massachusetts Probate and Family Court. "Designated Merchants" refers to those "Designated Business. Customers" defined in the settlement agreement of the RMB Clearing Bank in. Accounting principles generally accepted in the United States of America require that the Management's Discussion and Analysis, Schedule of Funding Progress,.