Common use of Client Default Clause in Contracts

Client Default. 4.1 If the Customer fails to comply with any of the Customer's obligations and/or to meet the Customer's liabilities under this Options Trading Agreement, including failure to provide Collateral, this will be treated as an Event of Default under Clause 11 of the Securities Client Agreement.

Client Default. 4.1 If the Customer fails to comply with any of the Customer's ’s obligations and/or to meet the Customer's ’s liabilities under this Options Trading Client Agreement, including failure to provide CollateralMargin, this will be treated as an Event Events of Default under Clause 11 23 of the Securities Client Agreement.Agreement and in addition the actions the Company may take under Clause 23, the Company is further authorised to: