GUARANTEE DEPOSIT. Any deposit which may be required to guarantee compliance with the terms and conditions of this license shall be in the form of a certified check, cashier’s check or postal money order in the amount designated above, payable to Licensor.
GUARANTEE DEPOSIT. 2.1. When an order to conclude a deal for Contracts For Differences (CFD) and other OTC derivatives on a margin basis, clients must provide a security/guarantee deposit. The guarantee deposit serves to cover the risk of losses in case of an adverse movement in the price of traded financial instruments. The minimum guarantee deposit for each position is calculated individually depending on the type of financial instrument and / or the client (non-professional, professional or eligible counterparty).
2.2. The guarantee deposit is blocked immediately as a prerequisite for opening a position in Contracts For Differences (CFDs) or other derivative instruments by the client and the client cannot use the blocked amount for other purposes until the closure of the open position it guarantees. BenchMark Finance may refuse to execute submitted by the client order to open a position in Contracts For Differences (CFDs) or other derivative instruments, if the funds on the client's trading account are insufficient to cover the minimum required margin for the respective position.
2.3. The amount of the guarantee deposit (margin requirement for opening positions in various financial instruments) is expressed as a percentage of the value of the open position. Margin requirements for different types of instruments are indicated on the BenchMark Finance website according to the type of client (non-professional, professional or acceptable counterparty). In determining the amount of the guarantee deposit requirements, BenchMark Finance complies with the requirements set by the Financial Supervision Commission (FSC), the European Securities and Markets Authority (ESMA) and/or by the supervisory authorities of other Member States of the European Union, if such requirements exist (if the case). In case of change of the regulatory requirements and/or setting of new requirements by FSC, ESMA and/or supervisory bodies of other Member States of the European Union, BenchMark Finance changes the amount of the minimum required guarantee deposit/margin, both for certain financial instruments and for individual clients.
2.4. The guarantee deposit covers the risk of possible losses from exchange rate and price differences realized as a result of transactions concluded at the client's expense, accrued interest rate swap costs for transferring the client's positions for the next business day, deducted dividend payments or other expenses. The guarantee deposit covers these risks, including the...
GUARANTEE DEPOSIT. 2.1. The guarantee deposit constitutes the cash and financial instruments in the accounts of the Client at BenchMark Finance. The guarantee deposit serves to cover the risk of potential losses from currency and price differences realised as a result of transactions concluded at the expense of the Client. The Client can conclude transactions if the balance in the account at BenchMark Finance is enough to maintain the already opened positions (if there are any) and for new positions which the Client wishes to create.
2.2. BenchMark Finance has the right to close one or all open positions of the Client at its own discretion and without prior notice if a danger of negative balance on one or more accounts of the Client arises or has already happened. If the Client has one than more accounts at BenchMark Finance and has realized a negative balance on one of them, then BenchMark Finance has the right to use all cash and/or financial instruments available on the other accounts of the Client at its own discretion and respectively engage in any management acts and/or disposal of such acts in order to limit the amount of the realised by the Client losses.
2.3. Where the amount available on the account decreases to an amount indicated on the website by relevant margin for maintaining open positions, the Client should immediately pay in the amount to cover for his cash shortage. The Client is obliged to follow his positions and relevant margin and engage in acts for placing cash.
2.4. If there is a continued reduction of the available amount on the account to an amount indicated on the website by relevant margin for maintaining open positions, BenchMark Finance has the right to engage in acts to close wholly or partially and without prior notice the open positions of the Client.
2.5. The general margin requirements of BenchMark Finance for the different types of transactions are indicated on the website. BenchMark Finance reserves its right to determine specific margin obligations of the transactions concerned.
GUARANTEE DEPOSIT. If the guarantee is constituted in the form of a security deposit, this does not bear interest. It is returned by the TSO on expiration of the Contract, as the case may be, after any sums remaining due by the Shipper to the TSO have been deducted.
GUARANTEE DEPOSIT. 5.1. As a deposit in guarantee for the fulfilment of all IMPORTER obligations to FERRARI, the IMPORTER shall pay to FERRARI an amount of money which shall not bear interests and shall, at all time, be equal to or higher than the sum resulting from the percentage (to be separately notified by FERRARI) calculated on the amount obtained by multiplying all quantities of CONTRACT AUTOMOBILES included in the IMPORTER’s PURCHASE PROGRAM by the retail list price before tax, prevailing in the TERRITORY, of the CONTRACT AUTOMOBILES concerned. As at January 31st of each year, FERRARI shall review the relation between the guarantee deposit paid by the IMPORTER and held by FERRARI and the value of the PURCHASE PROGRAM calculated as per above: in the event that the amount of the deposit proved lower than the amount given by the above calculation, it shall be reintegrated by the IMPORTER at the latest within 15 days for being so notified by FERRARI; if, on the contrary, the amount of the deposit proved higher FERRARI within the same time limit shall credit the excess to the IMPORTER.
5.2. In the event that the payment of any CONTRACT PRODUCTS or of any delivery expenses or of any other amount due to FERRARI had not been made at the latest within 15 days from the due date, FERRARI will have the right to draw from the IMPORTER’s guarantee deposit a sum equal to the overdue payment plus interests calculated as per 4.4 hereof, by giving notice to the IMPORTER, it being agreed that, in this event, the IMPORTER, within the subsequent 15 days, shall promptly reintegrate the full amount of the guarantee deposit by paying to FERRARI the amount drawn by FERRARI as per above plus interests. In the event that the full amount of the guarantee deposit was not 50 reintegrated, FERRARI, without prejudice to FERRARI’s further rights under the AGREEMENT, will have the right to suspend all deliveries of CONTRACT PRODUCTS to the IMPORTER.
GUARANTEE DEPOSIT. The applicant shall be required to deposit the sum of $500.00 as a guarantee of payment of charges for temporary water service and as a guarantee of payment for any damage to Casitas property for which the customer is liable. If the customer is a water agency, or if the customer has established good credit to the satisfaction of Casitas as stated in Subsection 4.7.1, DEPOSITS, the $500.00 deposit may be waived by Casitas’ Hearing Officer.
GUARANTEE DEPOSIT upon delivery of the engine, the Applicant will be asked for a guarantee deposit of €100,00.
GUARANTEE DEPOSIT. 1. In a case of camper’s rent a deposit of 500 EUR shall be paid. The guarantee deposit shall be refunded when:
A. There aren’t any damages to the camper and the hotel layout of the camper.
B. The camper returns at the scheduled time and date, refueled, with clean toilet, existing keys, refueled bottles of propane butane, without any kitchen and hotel layout absences. All the terms shall be distrained into two - sides inventory protocol.
GUARANTEE DEPOSIT. As guarantee of compliance with the contractual obligations taken on by the hirer in this contract, the parties may agree to payment of a deposit or guarantee. In the event of such an agreement, the amount of the deposit or guarantee shall be calculated on the basis of the value of the hired material and all operating costs arising therefrom, without exception (assembly and disassembly, where applicable, insurance, risks, liabilities and other, extending to unpaid hire fee itself), and on the basis of costs arising from calculation of recovering nonpayment of hire fee, interests and risks of all types. The aforementioned deposit shall be returned when all hire fees have been paid, as well as any other items specified in the contract, or it shall be returned with the full and final settlement of the debt established, and provided that the owner confirms that the hirer has returned the machinery and its accessories in the condition agreed and that there are no obligations pending fulfilment. The hirer pays the owner the amount specified in the schedule as a guarantee of faithful compliance with contractual obligations. The deposit may not be used for the payment of any hire fees, nor shall the hirer use it as a waiver of fully complying with their obligations.
GUARANTEE DEPOSIT. (I) Party B shall pay the guarantee deposit upon execution of the Agreement to secure its performance of the covenants herein. The guarantee deposit shall be equivalent to two months’ original professional service fee (after tax), namely NT$ .
(II) Upon expiration of the residency or termination of the Agreement earlier with causes, Party B shall evacuate the residency space per agreement and return and transfer the property and items. Upon Party A’s confirmation that there are no professional service fees (including residency space fee) in arrears and Party B has performed the obligation and liability to be borne by it toward Party A pursuant to the Agreement, Party A shall refund the guarantee deposit to Party B without interest.
(III) Where Party B violates the Agreement, or causes damage to Party A due to circumstances attributable to Party B, or meets any circumstances under which Party B shall pay Party A the punitive liquidated damages, damages or other expenses pursuant to the Agreement, Party A may deduct such amount directly from the guarantee deposit paid by Party B.
(IV) Party B shall not claim offset of the guarantee deposit against expenses incurred pursuant to the preceding subparagraph, during the anticipated period.
(V) Party A may deduct any expenses or damages incurred by Party B for breach of the Agreement from the guarantee deposit directly. Where the security bond is not sufficient to offset said expenses or damages, Party B shall make up the price difference thereof within 7 days upon receipt of Party A’s notice, and then pay the guarantee deposit set forth in the subparagraph 1 of Paragraph 4 herein in full again.
(VI) Where Party B still fails to perform said provisions upon receipt of Party A’s reminder for three times, Party A shall retain the lien on any goods left by Party B in the residence space and seek compensation from the goods. However, Party B shall still be responsible for the insufficient part thereof.
(VII) Provided that Party B utilize Startup Terrace’s space for short-term, and join Startup Terrace Kaohsiung with Virtual Residence, the relevant provisions on security deposit are not applicable
