Common use of Commissions, Fees and Charges Clause in Contracts

Commissions, Fees and Charges. The Customer agrees to pay to the Company the brokerage commissions, fees, profits, margins and other charges applicable to his Account and/or payable in return for the Customer's use of the Services. The Company shall charge the Account directly for any such fees and other amounts due to the Company or Financial Brokers or referrers (“Dues”) by debiting the Account accordingly. If, at the time the Company debits the Account for the Dues, the Account’s balance is not sufficient, for the settlement of dues, the Customer authorizes the Company to sell any Asset to recover the Dues. The Company (at its discretion) may amend the brokerage commission, fees and charges at any time by notifying the Customer. 8. Customer Financial Commitment The Customer agrees to pay to the Company any current or future trades, debit balances, margin requirements or any other debts in his Account, including but not limited to any remaining deficit in the Customer’s Account in the event of total or partial liquidation of the Account by the Customer or the Company. The Customer also agrees to pay to the Company all the said obligations immediately. If the balance of the Customer Account is insufficient to cover the said obligations, the Customer hereby grants the Company the right to sell any of the Assets in his Account to cover the debit amounts. The Company shall have the right, at its absolute discretion, to liquidate all or any part of the Customer’s Assets in any of his Accounts, whether those owned individually or collectively with others (including entering clearance operations) at any time, by any means, and on any exchange, as deemed necessary by the Company, without the need for serving prior notice to the Customer. The Customer agrees to be bound to pay the Company immediately any deficit arising in the Customer’s Account from the said liquidation or remaining after liquidation. 9.

Appears in 6 contracts

Samples: www.noorcm.com, www.noorcm.com, www.noorcm.com

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Commissions, Fees and Charges. The Customer agrees to pay to the Company the brokerage commissions, fees, profits, margins and other charges applicable to his Account and/or payable in return for the Customer's use of the Services. The Company shall s hall charge the Account directly for any such fees and other amounts due to the Company or Financial Brokers or referrers (“Dues”) by debiting the Account accordingly. If, at the time the Company debits the Account for the Dues, the Account’s balance is not sufficient, for the settlement of dues, the Customer authorizes the Company to sell any Asset to recover the Dues. The Company (at Company(at its discretion) may amend the brokerage commission, fees and charges at any time by notifying the Customer. 817. Customer Financial Commitment The Customer agrees to pay to the Company any current or future trades, debit balances, margin requirements or any other debts in his Account, including but not limited to any remaining deficit in the Customer’s Account in the event of total or partial liquidation of the Account by the Customer or the Company. The Customer also agrees to pay to the Company all the said obligations immediatelyCustomeralsoagreesto payto theCompanyall thesaidobligationsimmediately. If the balance of the Customer Account is insufficient to cover the said obligations, the Customer hereby grants the Company the right to sell any of the Assets in his Account to cover the debit amounts. The Company shall have the right, at its absolute discretion, to liquidate all or any part of the Customer’s Assets in any of his Accounts, whether those owned individually or collectively with others (including entering clearance operations) at any time, by any means, and on any exchange, as deemed necessary by necessaryby the Company, without the need for serving prior notice to the Customer. The Customer agrees to be bound to pay the Company immediately any deficit arising in the Customer’s Account from the said liquidation or remaining after liquidation. 918.

Appears in 1 contract

Samples: Investment Portfolio Agreement

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