Ability to liquidate Sample Clauses

Ability to liquidate. Whether an in- terest can be liquidated immediately after the lapse is determined under the State law generally applicable to the entity, as modified by the governing instruments of the entity, but without regard to any restriction described in section 2704(b). Thus, if, after any re- striction described in section 2704(b) is disregarded, the remaining require- ments for liquidation under the gov- erning instruments are less restrictive than the State law that would apply in the absence of the governing instru- ments, the ability to liquidate is deter- mined by reference to the governing in- struments.
AutoNDA by SimpleDocs
Ability to liquidate. GPP Markets has the right to liquidate any or all-open positions whenever the minimum margin requirement is not maintained and this may result in the Client’s Contracts being closed at a loss for which the Client will be liable. GPP Markets shall not be held responsible for Account losses from automatic liquidation of open position caused by insufficient margin.
Ability to liquidate. ROCKFORT Markets has the right to liquidate any or all-open positions whenever the minimum margin requirement is not maintained and this may result in the Client’s Contracts being closed at a loss for which the Client will be liable. ROCKFORT Markets shall not be held responsible for Account losses from automatic liquidation of open position caused by insufficient margin.
Ability to liquidate. ICX Capital has the right to liquidate any or all-open positions whenever the minimum margin requirement is not maintained and this may result in the Client’s Contracts being closed at a loss for which the Client will be liable. ICX Capital shall not be held responsible for Account losses from automatic liquidation of open position caused by insufficient margin.
Ability to liquidate. Millennium Fubo Group Limited has the right to liquidate any or all-open positions whenever the minimum margin requirement is not maintained and this may result in the Client’s Contracts being closed at a loss for which the Client will be liable. Millennium Fubo Group Limited shall not be held responsible for Account losses from automatic liquidation of open position caused by insufficient margin.

Related to Ability to liquidate

  • Right to Cancel You have a right to cancel this Agreement for a period of fourteen (14) days commencing on the date on which this Agreement is concluded or the date on which you receive this Agreement (whichever is later) (the “Cancellation Period”). Should you wish to cancel this Agreement within the Cancellation Period, you should send notice in writing or electronically to the addresses found in contact us section of our website. Cancelling this Agreement within the Cancellation Period will not cancel any Transaction entered into by you during the Cancellation Period. If you fail to cancel this Agreement within the Cancellation Period, you will be bound by its terms but you may terminate this Agreement in accordance with Clause 17 (Termination Without Default).

Time is Money Join Law Insider Premium to draft better contracts faster.