Common use of Closing Out of Outstanding Contracts Clause in Contracts

Closing Out of Outstanding Contracts. Subject to the terms of the General Terms and Conditions of Business, these Additional Terms and to the rules, regulations and requirements of the relevant Exchange, Clearing House and/or market, I/we may, at any time before the last trading day of the Futures/Option Contract, request you to close out the same. Any amount payable by me/us arising out of the closing out of any Futures/Option Contract shall become immediately due and payable to you upon closing out.

Appears in 5 contracts

Samples: Mib Securities, www.kimeng.com.hk, www.kimeng.com.hk

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Closing Out of Outstanding Contracts. Subject to the terms of the General Terms and Conditions of BusinessConditions, these Additional Terms and to the rules, regulations and requirements of the relevant Exchangeexchange, Clearing House and/or marketxxxxxxxx xxxxx xxx/xx xxxxxx, IX/we xx may, at any time before the last trading day of the Futures/Option Contract, request you to close out the same. Any amount payable by me/us arising out of the closing out of any Futures/Option Contract shall become immediately due and payable to you upon closing out.

Appears in 1 contract

Samples: Client Master Agreement

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Closing Out of Outstanding Contracts. Subject to the terms of the General Terms and Conditions of BusinessConditions, these Additional Terms and to the rules, regulations and requirements of the relevant Exchangeexchange, Clearing House clearing house and/or market, I/we may, at any time before the last trading day of the Futures/Option Contract, request you to close out the same. Any amount payable by me/us arising out of the closing out of any Futures/Option Contract shall become immediately due and payable to you upon closing out.

Appears in 1 contract

Samples: www.kimeng.com.hk

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