Common use of Additional Margin Amounts Clause in Contracts

Additional Margin Amounts. From time to time during the term of the Forward Contract, Centtrip, in its sole discretion, may require the Client to pay to Centtrip certain margin amounts to maintain the relative value of the funds purchased from Centtrip. Should the Client fail to pay such additional margin amounts within twenty-four (24) hours of Centtrip’s demand (or as otherwise specified by Centtrip), Centtrip may cancel the Forward Contract with immediate effect or complete the transaction. In such event the Client shall be liable to Centtrip for any and all Losses and agrees to pay for such Losses within 24 hours, including market losses and expenses incurred in connection with the cancellation. Centtrip, however, shall have no obligation or liability to the Client, and Centtrip’s sole liability to the Client is the return of any balance remaining of the margin amount paid by the Client after deducting any Losses suffered by Centtrip sustained in connection with the Client’s default.

Additional Margin Amounts. From time to time during the term of the Forward Contract, Centtrip, in its sole discretion, may require the Client to pay to Centtrip certain margin amounts to maintain the relative value of the funds purchased from Centtrip. Should the Client fail to pay such additional margin amounts within twenty-four (24) hours of Centtrip’s demand (or as otherwise specified by Centtrip), Centtrip may cancel the Forward Contract with immediate effect or complete the transaction. In such event the Client shall be liable to Centtrip for any and all Losses Losses, and agrees to pay for such Losses within 24 hours, including market losses and expenses incurred in connection with the cancellation. Centtrip, however, shall have no obligation or liability to the Client, and Centtrip’s sole liability to the Client is the return of any balance remaining of the margin amount paid by the Client after deducting any Losses suffered by Centtrip sustained in connection with the Client’s default.

Additional Margin Amounts. From time to time during the term of the Forward Contract, Centtrip, in its sole discretion, may require the Client to pay to Centtrip certain margin amounts Margin Amounts to maintain the relative value of the funds purchased from Centtrip. Should the Client fail to pay such additional margin amounts Margin Amounts within twenty-four (24) hours of Centtrip’s demand (or as otherwise specified by Centtrip), Centtrip may cancel the Forward Contract with immediate effect or complete the transaction. In such event the Client shall be liable to Centtrip for any and all Losses Losses, and agrees to pay for such Losses within 24 hours, including market losses and expenses incurred in connection with the cancellation. Centtrip, however, shall have no obligation or liability to the Client, and Centtrip’s sole liability to the Client is the return of any balance remaining of the margin amount Margin Amount paid by the Client after deducting any Losses suffered by Centtrip sustained in connection with the Client’s default.