Common use of Failure to Meet Margin Calls Clause in Contracts

Failure to Meet Margin Calls. Margin will be due for payment by the time and date specified in the Margin Notice and may require payment by close of business on the same day. If the Client fails to meet any margin calls when due, such failure will constitute an Event of Default and GTJAFX will be entitled to exercise any of its rights set out in the Agreement.

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

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