Common use of CHARGES AND CREDIT TO YOUR ACCOUNT Clause in Contracts

CHARGES AND CREDIT TO YOUR ACCOUNT. (a) You agree to pay the interest, charges and fees as specified in this Agreement (including any Schedule) and in the Commercial Terms Annexure from time to time and to receive the benefits set out in this Agreement. (b) Any charges will be deducted from your Account the day following the day on which the charges were incurred and benefits will be paid the day on which they are derived. Deductions will be made any time without notice or recourse provided to you. (c) If we discover that we have made an error in respect of any fee calculation, we may rectify that error by giving you notice within 28 days. (d) If a Position is closed at a loss, that loss will immediately be deducted from your Account and your available trading resources will be adjusted accordingly. (e) If a Position is closed at a profit, that profit will immediately be credited to your Account and your available trading resources will be adjusted accordingly, subject to clauses 2 and 3.

Appears in 4 contracts

Samples: Retail Client Agreement, Retail Client Agreement, Retail Client Agreement

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CHARGES AND CREDIT TO YOUR ACCOUNT. (a) You agree to pay the interest, charges and fees as specified in this Agreement (including any Schedule) and in the Commercial Terms Annexure from time to time and to receive the benefits set out in this Agreement. (b) Any charges will be deducted from your Account the day following the day on which the charges were incurred incurred, and benefits will be paid the day on which they are derived. Deductions from your Account will be made any time without notice or recourse provided to you. (c) If we discover that we have made an error in respect of any fee calculation, we may will rectify that error by giving you written notice within 28 days. (d) If a Position is closed at a loss, that loss will immediately be deducted from your Account and your available trading resources will be adjusted accordingly. (e) If a Position is closed at a profit, that profit will immediately be credited to your Account and your available trading resources will be adjusted accordingly, subject to clauses this clause 2 and clause 3.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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CHARGES AND CREDIT TO YOUR ACCOUNT. (a) You agree to pay the interest, charges and fees as specified in this Agreement (including any Schedule) and in the Commercial Terms Annexure from time to time and to receive the benefits set out in this Agreement. (b) Any charges will be deducted from your Account the day following the day on which the charges were incurred incurred, and benefits will be paid the day on which they are derived. Deductions from your Account will be made any time without notice or recourse provided to you. (c) If we discover that we have made an error in respect of any fee calculation, we may will rectify that error by giving you written notice within 28 days. (d) If a Position is closed at a loss, that loss will immediately be deducted from your Account and your available trading resources will be adjusted accordingly. (e) If a Position is closed at a profit, that profit will immediately be credited to your Account and your available trading resources will be adjusted accordingly, subject to clauses this clause 2 and clause 3.

Appears in 1 contract

Samples: Client Agreement

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