Common use of Conditions of the Deposit Clause in Contracts

Conditions of the Deposit. Regardless of the terms on which moneys are credited to the Account, the Client shall be entitled to repayment of the Deposit if and only if: (i) there is no outstanding Transaction under which Liabilities could arise; (ii) the Liabilities have been paid and discharged in full; and (iii) GTJAFX remains under no further obligation to pay or repay any money (apart from the repayment of the Deposit) to the Client, and until that time the Client shall not request, demand or claim to be entitled to withdraw the Deposit except (without prejudice to GTJAFX's rights under the Agreement) as GTJAFX may in its absolute discretion from time to time permit.

Appears in 4 contracts

Samples: Client Agreement for Foreign Exchange and Bullion Trading, Client Agreement for Foreign Exchange and Bullion Trading, Client Agreement for Foreign Exchange and Bullion Trading

AutoNDA by SimpleDocs

Conditions of the Deposit. Regardless of the terms on which moneys are credited to the Account, the Client shall be entitled to repayment of the Deposit if and only if: (ia) there is no outstanding FX Transaction under which Liabilities could arise; (iib) the Liabilities have been paid and discharged in full; and (iiic) GTJAFX remains under no further obligation to pay or repay any money (apart from the repayment of the Deposit) to the Client, and until that time the Client shall not request, demand or claim to be entitled to withdraw the Deposit except (without prejudice to GTJAFX's rights under the Agreement) as GTJAFX may in its absolute discretion from time to time permit.

Appears in 1 contract

Samples: Client Agreement for Foreign Exchange Trading

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!