Common use of Account Deficits Clause in Contracts

Account Deficits. If a cash account incurs a deficit, margin interest rates will apply until the balance is repaid, and IB UK has the right, but not the obligation, to treat the account as a margin account. CUSTOMER AGREES TO PAY REASONABLE COSTS OF COLLECTION FOR ANY UNPAID CUSTOMER DEFICIT, INCLUDING ATTORNEYS' AND COLLECTION AGENT FEES.

Appears in 5 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Account Deficits. If a cash account incurs a deficit, margin interest rates will apply until the balance is repaid, and IB UK has the right, but not the obligation, to treat the account as a margin account. CUSTOMER AGREES TO PAY REASONABLE COSTS OF COLLECTION FOR ANY UNPAID CUSTOMER DEFICITCustomer agrees to pay reasonable costs of collection for any unpaid Customer deficit, INCLUDING ATTORNEYSincluding attorneys' AND COLLECTION AGENT FEESand collection agent fees.

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

Account Deficits. If a cash account incurs a deficit, margin interest rates will apply until the balance is repaid, and IB UK has the right, but not the obligation, to treat the account as a margin account. CUSTOMER AGREES TO PAY REASONABLE COSTS OF COLLECTION FOR ANY UNPAID CUSTOMER DEFICITCustomer agrees to pay reasonable costs of collection for any unpaid Customer deficit, INCLUDING ATTORNEYSinclud- ing attorneys' AND COLLECTION AGENT FEESand collection agent fees.

Appears in 1 contract

Samples: Customer Agreement

Account Deficits. If a cash account incurs a deficitdeficit, margin interest rates will apply until the balance is repaid, and IB UK has the right, but not the obligation, to treat the account as a margin account. CUSTOMER AGREES TO PAY REASONABLE COSTS OF COLLECTION FOR ANY UNPAID CUSTOMER DEFICIT, INCLUDING ATTORNEYS' ATTOR- NEYS’ AND COLLECTION AGENT FEES.

Appears in 1 contract

Samples: Customer Agreement

Account Deficits. If a cash account incurs a deficit, margin interest rates will apply until the balance is repaid, and IB UK has the right, but not the obligation, to treat the account as a margin account. CUSTOMER AGREES TO PAY REASONABLE COSTS OF COLLECTION FOR ANY UNPAID CUSTOMER DEFICIT, INCLUDING ATTORNEYS' AND COLLECTION AGENT FEES.

Appears in 1 contract

Samples: Customer Agreement

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Account Deficits. If a cash account incurs a deficit, margin interest rates will apply until the balance is repaid, and IB UK has the right, but not the obligation, to treat the account as a margin account. CUSTOMER AGREES TO PAY REASONABLE COSTS OF COLLECTION FOR ANY UNPAID CUSTOMER DEFICIT, INCLUDING ATTORNEYS' ATTOR- NEYS’ AND COLLECTION AGENT FEES.

Appears in 1 contract

Samples: Customer Agreement

Account Deficits. If a cash account incurs a deficit, margin interest rates will apply until the balance is repaid, and IB UK has the right, but not the obligation, to treat the account as a margin account. CUSTOMER AGREES TO PAY REASONABLE COSTS OF COLLECTION FOR ANY UNPAID CUSTOMER DEFICIT, INCLUDING INCLUD- ING ATTORNEYS' AND COLLECTION AGENT FEES.

Appears in 1 contract

Samples: Customer Agreement

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