In General Terms Sample Clauses

In General Terms. 10.1.1. Following the execution hereof, the Client, which wishes to execute trading with respect to derivatives, shall make the minimum balance available in her/his/its account held with the Bank, or s/he/it shall be provided with the opportunity to make use of a loan up to the minimum balance. If and when it so wishes, the Bank may also allocate a loan limit up to the minimum balance for the purpose of being used for the trading hereunder. In the event that the Client fails to deposit the amount, for which s/he/it is obliged to pay to the Bank, to her/his/its account held with the Bank until the end of the office hours at the maturity date of any derivative transaction, then the Bank shall be entitled to extend a cash loan at the interest rate, to be applied and for the maturity period to be determined by the Bank, without receiving a written approval or instruction from the Client, and to execute the derivative transaction accordingly. The provisions as prescribed in the sub-paragraphs given herein below shall apply in respect of collateralization of any cash loan extended in such manner. 08/22 05.010.S075-01 verilmemesi ya da tamamlanamaması halinde BANKA krediyi kullandırmama, krediyi durdurma ve iptal etme hakkına sahiptir.
Sample 1
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