Common use of Commission and Expenses Clause in Contracts

Commission and Expenses. The Client will pay the commission and/or any other expenses including but not limited to stamp duty, bank charges, transfer fees, any loss in the exchange rate pursuant to Article 3.1 and interest incurred for the trading, as prescribed by the Dealer, immediately after execution of each transaction and the Dealer is hereby authorized to deduct such commission/expenses from the margin deposit in the Client’s account(s) with the Dealer. In case the margin deposit in the Client’s account(s) is insufficient to cover such commission/expenses then the unpaid balance of such commission/expenses shall automatically become a debit balance in the Client’s account(s) which will be subject to the conditions stipulated in Articles 5.1 and/or 5.2.