Form of margin. Unless otherwise agreed, margin must be paid in cash. The currency of the cash margin you pay to us shall be the currency of the relevant underlying Transaction (if applicable) or as we may in our discretion reasonably decide from time to time. Cash margin is paid to us as an outright transfer of title and you will not retain any interest in it. Cash margin received by us will be recorded by us as a cash repayment obligation owed by us to you.
Appears in 21 contracts
Samples: Professional Client Agreement, Client Agreement, Eligible Counterparty Agreement
Form of margin. Unless otherwise agreed, margin must be paid in cash. The currency of the cash margin you pay to us shall be the currency cur rency of the relevant underlying Transaction (if applicable) or as we may in our discretion reasonably decide from time to time. Cash margin is paid to us as an outright transfer of title and you will not retain any interest in it. Cash margin received by us will be recorded by us as a cash repayment obligation owed by us to you.
Appears in 3 contracts
Samples: www.commerzbank.co.uk, www.commerzbank.nl, www.commerzbank.co.uk
Form of margin. Unless otherwise agreed, margin must be paid in cash. The currency of the cash margin you pay to us shall be the currency of the relevant underlying Transaction (if applicableappli cable) or as we may in our discretion reasonably decide from time to time. Cash margin is paid to us as an outright transfer of title and you will not retain any interest in it. Cash margin received by us will be recorded by us as a cash repayment obligation owed by us to you.
Appears in 3 contracts
Samples: www.commerzbank.co.uk, www.commerzbank.at, www.commerzbank.co.uk
