Common use of FEES AND OTHER COSTS Clause in Contracts

FEES AND OTHER COSTS. 14.1. The Client shall pay TBCC the Fees. 14.2. Any Fee is stated without any VAT or any other applicable taxes, if any. In addition to such Fees, the Client shall be obliged to pay all applicable VAT and other taxes, storage and delivery charges, exchange and clearing house fees or any fees passed through by Third-Party Broker and all other fees incurred by TBCC in connection with any Transaction and/or in connection with maintaining the Client relationship. 14.3. In addition to the Fees, the Client shall pay TBCC on demand any amount to maintain a positive cash balance on the Investment Account or Client’s any other account(s) opened with TBCC. 14.4. TBCC reserves the right to introduce new fees, commissions or charges. 14.5. TBCC may share commissions and charges with its associates, including the Third-Party Broker or other third-party service providers, or receive remuneration from them in respect of contracts or transactions entered into by TBCC. Details of any such remuneration or sharing arrangement will not be set out on the relevant Trade Confirmations. 14.6. Unless specified otherwise in this Agreement, Parties hereby agree and the Client confirms, that all amounts due to TBCC (or its agents, associates, the Third-Party Broker or other third parties providers used by TBCC) under this Agreement shall, at TBCC's option: 14.6.1. be deducted from any funds held in the Investment Account for the Client; or 14.6.2. The amount will be deducted from any account that the Client has opened with JSC TBC Bank, in accordance with the rules established by JSC TBC Bank, or

Appears in 5 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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