Common use of FINANCIAL COVERAGE Clause in Contracts

FINANCIAL COVERAGE. The client shall pay to the Company any current or future transaction, debits or other indebtedness in his account. The client also agrees to pay to the Company all obligations immediately; if the client's balance is not sufficient to cover these obligations, the client gives the company the right to sell any of the property in his account to cover the debts. The company is then entitled to liquidate the client's property, wholly or partly, in any of his accounts, whether owned individually or collectively with others, at any time, in any manner and in any market as the Company's sees necessary in its discretion, with no need to notify the client in advance. Further, the client agrees to immediately pay the Company for any deficit arising in his account due to the liquefaction processes or remain after the liquefaction process. It is agreed between both Parties that the Company is entitled to refrain from carrying out any purchase/transfer/IPO of stocks in increasing the capital or any other requests in case of non-availability of sufficient cash in the account to cover the expenses of these requests from the client.

FINANCIAL COVERAGE. The client shall pay to the Company any current or future transactiondebit transactions, debits or any other indebtedness in his account. The client shall also agrees to pay to the Company all obligations immediately; if . If the client's balance is not sufficient insufficient to cover these obligations, the client gives the company the right to sell any of the property in his account to cover the debts. The company is then entitled to liquidate the client's property, wholly or partly, in any of his accounts, whether owned individually or collectively with others, at any time, in any manner and in any market as the Company's sees deems necessary in at its own discretion, with no need to notify the client in advance. Further, the client agrees shall also pay to immediately pay the Company immediately for any deficit arising in his account due to the liquefaction processes or remain remaining after the liquefaction process. It is agreed between both Parties that the Company is entitled to refrain from carrying out any purchase/transfer/stocks or IPO of capital increase stocks in increasing the capital or any other requests in case of non-availability of sufficient cash in the account to cover the expenses of these requests from the by client.

FINANCIAL COVERAGE. The client shall pay to the Company any current or future transaction, debits or other indebtedness in his account. The client also agrees to pay to the Company all obligations immediately; if the client's balance is not sufficient to cover these obligations, the client gives the company the right to sell any of the property in his account to cover the debts. The company is then entitled to liquidate the client's property, wholly or partly, in any of his accounts, whether owned individually or collectively with others, at any time, in any manner and in any market as the Company's sees necessary in its discretion, with no need to notify the client in advance. Further, the client agrees to immediately pay the Company for any deficit arising in his account due to the liquefaction processes or remain after the liquefaction process. It is agreed between both Parties that the Company is entitled to refrain from carrying out any purchase/transfer/IPO of stocks in increasing the capital or any other requests in case of non-availability of sufficient cash in the account to cover the expenses of these requests from the client. 4.