Common use of Closing an account and cancellation of the agreement Clause in Contracts

Closing an account and cancellation of the agreement. 9.1 Either party may terminate this Agreement by giving ten days' written notice of termination to the other. Either party may terminate this Agreement immediately in any case of any breach of this Agreement or event of Default by the other Party. Upon terminating notice of this Agreement, Client shall be under the obligation to close all open positions, otherwise, the notice shall become void, or the Company shall have the right to close all open positions without assuming any responsibility. 9.2 Upon termination, all amounts payable by the Either Party to the other Party will become immediately due. 9.3 Termination shall not affect any outstanding rights and obligations according to the applicable law and the provisions of this this Agreement.

Appears in 2 contracts

Samples: Client Trading Agreement, Client Agreement

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Closing an account and cancellation of the agreement. 9.1 11.1. Either party may terminate this Agreement by giving ten days' (10) days written notice of termination to the other. Either party may terminate this Agreement immediately in any case of any breach of this Agreement or event of Default by the other Party. Upon terminating notice of this Agreement, Client shall be under the obligation to close all open positions, otherwise, if termination notice (or default) was given by the Client – the notice shall become void, or the and if given by Company, Company shall have the right to close all open positions without assuming any responsibilitypositions. 9.2 11.2. Upon termination, all amounts payable by the Either Party to the other Party will become immediately due. 9.3 11.3. Termination shall not affect any outstanding rights and obligations according and Transactions which shall continue to the applicable law be governed by this Agreement and the provisions of this this Agreementparticular clauses agreed between the parties in relation to such Transactions until all obligations have been fully performed.

Appears in 1 contract

Samples: Client Agreement

Closing an account and cancellation of the agreement. 9.1 Either party may terminate this Agreement by giving ten days' written notice of termination to the other. Either party may terminate this Agreement immediately in any case of any breach of this Agreement or event of Default by the other Party. Upon terminating notice of this Agreement, Client shall be under the obligation to close all open positions, otherwise, the notice shall become void, or the Company shall have the right to close all open positions without assuming any responsibility. 9.2 Upon termination, all amounts payable by the Either Party to the other Party will become immediately due. 9.3 Termination shall not affect any outstanding rights and obligations according to the Company Accounts Products Tools & Education Anti-Money Laundering Risk Disclosure Terms And Conditions Privacy Policy reement. applicable law and the provisions of this this Agreement.Ag

Appears in 1 contract

Samples: Client Trading Agreement

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Closing an account and cancellation of the agreement. 9.1 7.1 Either party may terminate this Agreement by giving ten days' days written notice of termination to the other. Either party may terminate this Agreement immediately in any case of any breach of this Agreement or event of Default by the other Party. Upon terminating notice of this Agreement, Client shall be under the obligation to close all open positions, otherwise, the notice shall become void, or the Company shall have the right to close all open positions without assuming any responsibility. 9.2 7.2 Upon termination, all amounts payable by the Either Party to the other Party will become immediately due. 9.3 7.3 Termination shall not affect any outstanding rights and obligations according to the applicable law and the provisions of this this Agreement.

Appears in 1 contract

Samples: Client Trading Agreement

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