Common use of Administration / Maintenance Fee Clause in Contracts

Administration / Maintenance Fee. After 12 consecutive months of non-use of the Client’s trading account (“Annual Inactivity Period”), an administration fee will be deducted from the available balance of the Client’s trading account. This is to offset the cost incurred in making the service available, even though it may not be used. This fee is outlined below and is subject to Client’s relevant currency-based account: USD Account: $100, EUR Account: €100 , GBP Account: £100 , CHF Account: CHF100

Appears in 4 contracts

Samples: Client’s Agreement, Client’s Agreement, Client’s Agreement

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