Guarantees/Collaterals and Requesting Additional Guarantees/Collaterals Sample Clauses

Guarantees/Collaterals and Requesting Additional Guarantees/Collaterals. In theeventthat the Investor’s Accounts at Finveo is deficient forany reason, Finveoreservesthe right to notify the Investor via the fastest communication method that is deemed appropriate and to request to pay the deficient balance. In case the Investor fails to pay thisdeficit balance within 2 (two) business days following the notification, Finveo may sell the relevant Financial Assets of the Investor with the purpose to collect its receivables and to settle this deficient balance and appropriate the amount collected against the default debt ofthe Investor in accordance with the provisions of legislation and based on the rights of Finveoto exercise lien, transfer, clearing, retention and appropriation on all types of securities of theInvestor without obtaining any further buy/ sell order from the Investor and without notifyingthe Investor or applying for legal proceedings. In such a case, all damages that may beincurred due to the said sales transaction shall be covered separately by the Investor. In case the collaterals/guarantees received in exchange for the transactions carried out bythe Investor is insufficient or when the Initial Margin and Maintenance Margin rates for thetransactions to be carried out by the Investor are required to be changed, Finveo always reserves the right to demand additional guarantee/collateral. The Investor is obliged to provide/deposit this additional collateral/guarantee requested. In case the Investor fails toprovide/deposit this additional collateral/guarantee requested, Finveo may meet the additional collateral/guarantee deficit by selling and/or freezing the Financial Assets of theInvestor at Finveo without obtaining any further buy/sell order from the Investor and without notifying the Investor or applying for legal proceedings. In case the Investor fails to provide additional collateral, Finveo has the right to refuse the transactions of the Investor and/or toclose positions that are not due.
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Related to Guarantees/Collaterals and Requesting Additional Guarantees/Collaterals

  • Sub-processor Obligations MailChimp shall: (i) enter into a written agreement with the Sub-processor imposing data protection terms that require the Sub-processor to protect the Customer Data to the standard required by Data Protection Laws; and (ii) remain responsible for its compliance with the obligations of this DPA and for any acts or omissions of the Sub-processor that cause MailChimp to breach any of its obligations under this DPA.

  • Parent Company Guarantee Upon execution of this CONTRACT, the CONTRACTOR shall deliver to the COMPANY a PARENT COMPANY GUARANTEE from the company named in Appendix 1 to Section I – Form of Agreement for proper performance of its obligations under this Contract. The CONTRACTOR shall maintain in force the PARENT COMPANY GUARANTEE for the duration of its liability under this CONTRACT.

  • LESSOR OBLIGATIONS 3.1 - The Lessor shall furnish to the Lessee and pay the cost of the following:

  • Additional Indebtedness This Indenture does not restrict the Corporation from incurring additional indebtedness for borrowed money or other obligations or liabilities (including Senior Indebtedness) or mortgaging, pledging or charging its properties to secure any indebtedness or obligations or liabilities.

  • Processor Obligations 4.1 The Processor may collect, process or use Personal Data only within the scope of this DPA.

  • Limitation on Indebtedness Create, incur, assume or suffer to exist any Indebtedness, except:

  • Security Rule Obligations The following provisions of this section apply to the extent that Business Associate creates, receives, maintains or transmits Electronic PHI on behalf of Covered Entity.

  • CREDIT AND COLLATERAL REQUIREMENTS The applicable credit and collateral requirements are specified on the Cover Sheet.

  • Additional Debt The Borrower will, promptly upon execution thereof, deliver to the Administrative Agent a copy of each Material Debt Financing Document (excluding, for the avoidance of doubt, commitment letters, fee letters and similar letters with respect to the arrangement, establishment, syndication, or underwriting of any additional Debt); provided, that the Borrower shall have the right to redact any provision set forth in such Material Debt Financing Documents to the extent necessary to comply with binding confidentiality obligations or to protect proprietary market information. Each notice pursuant to this Section shall be accompanied by a written statement of an Authorized Officer of the Borrower (x) that such notice is being delivered pursuant to Section 5.03(a), (b) or (c) (as applicable) and (y) in the case of any notice pursuant to Section 5.03(a)(i), (iv), (v) or (vii), setting forth details of the occurrence referred to therein and stating what action the Borrower has taken and proposes to take with respect thereto. Documents required to be delivered hereto (including pursuant to Section 5.02 and Section 5.03) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the Borrower posts such documents, or provides a link thereto on the Borrower’s website on the Internet at the website address listed in Section 9.01; or (ii) on which such documents are posted on the Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial, third‑party website or whether sponsored by the Administrative Agent), provided that the Borrower shall notify the Administrative Agent (by hand delivery, facsimile or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such documents. Notwithstanding anything contained herein, the Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents.

  • Security for Obligations This Agreement secures, and the Collateral is collateral security for, the prompt and complete payment or performance in full when due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including the payment of amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. §362(a) (and any successor provision thereof)), of all Obligations with respect to every Grantor (the “Secured Obligations”).

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