Initial Margin Requirement Sample Clauses

Initial Margin Requirement. AFEX may, in its sole discretion, require Client: (i) to provide Initial Margin in relation to any Forward Contract within twenty-four (24) hours of Client’s instructions to enter into an Forward Contract; and/or (ii) to provide Initial Margin, if not already provided, within one (1) clear Business Day at any time during the term of an Forward Contract.
Sample 1Sample 2Sample 3See All (6)
AutoNDA by SimpleDocs
Initial Margin Requirement. The Client shall commit, without the request of the Financial Institution or after being notified orally or in writing if requested, to provide the Initial Margin Requirement and the guarantees to be deposited at the Financial Institution in order to deal with any transaction and/ or commodity and/or traded currency in the Financial Markets, failing to do so, the Financial Institution will refrain from executing any transaction to the Client who will assume the entire responsibility in this respect. • If the account's balance drops to the maintenance margin level, determined to 75%, the Financial Institution shall call the Client to rebuild the margin, whether orally or in writing. Once notified, the Client shall immediately rebuild the Initial Margin. In case of the Client’s refusal, the Financial Institution will immediately liquidate enough positions, starting with the position with highest losses, as to cover the equivalent of the value that dropped below the required margin. • In case the Client failed to provide the required additional payment allowing him to maintain his open positions, the Financial Institution shall be entitled without referring to the Client, to liquidate such positions at any time without the Client having the right to claim any damages and liability resulting from the liquidation regardless change of prices, whether to the upside or the downside. If the liquidation of the position resulted in a loss exceeding the amount of the deposited guarantee by the Client, the latter shall undertake to bear the deficit and to pay the debit balance to the Financial Institution. • The Client took note of the commissions, the margin maintenance call, the terms of liquidation, the risks of trading with items in not regulated markets as part of the Financial Institution’s commitment to the Central Bank of Lebanon Basic circular 134 and the Capital Markets Authority’s Regulations.
Sample 1
Initial Margin Requirement. The Client shall commit, without the request of the Financial Institution or after being notified orally or in writing if requested, to provide the Initial Margin Requirement and the guarantees to be deposited at the Financial Institution NAME SIGNATURE DATE in order to deal with any transaction and/or commodity and/or traded currency in the Financial Markets, failing to do so, the Financial Institution will refrain from executing any transaction to the Client who will assume the entire responsibility in this respect. • If the account’s balance drops to the maintenance margin level to 75%, as determined by the CMA, the Financial Institution shall call the Client to maintain his required margin obligations, whether orally or in writing. Once notified, the Client shall immediately take action to meet the margin requirement. In case of the Client’s refusal, the Financial Institution will immediately liquidate enough positions, starting with the position with highest losses, as to cover the equivalent of the value that dropped below the required margin. • In case the Client failed to provide the required additional payment allowing him to maintain his open positions, the Financial Institution shall be entitled without referring to the Client, to liquidate such positions at any time without the Client having the right to claim any damages and liability resulting from the liquidation regardless change of prices, whether to the upside or the downside. If the liquidation of the position resulted in a loss exceeding the amount of the deposited guarantee by the Client, the latter shall undertake to bear the deficit and to pay the debit balance to the Financial Institution. • The Client took note of the commissions, the margin maintenance call, the terms of liquidation, the risks of trading with items in not regulated markets as part of the Financial Institution’s commitment to the Central Bank of Lebanon Basic circular 134 and the Capital Markets Authority’s Regulations.
Sample 1Sample 2
Initial Margin Requirement. Argentex may, in its sole discretion, require the Client:
Sample 1Sample 2
Initial Margin Requirement. AFEX may, in its sole discretion, require Client: (i) to provide Initial
Sample 1

Related to Initial Margin Requirement

  • Margin Requirements 9.1. The Client shall provide and maintain the Initial Margin and/or Hedged Margin in such limits as the Company, at its sole discretion, may determine at any time under the Contract Specifications for each type of CFD.

  • Documentation Requirements (a) An employee must apply for personal leave in the form required by the CEO as soon as it is reasonably practicable for the employee to make the application.

  • Information Requirement The successful bidder's shall be required to advise the Office of Management and Budget, Government Support Services of the gross amount of purchases made as a result of the contract.

  • Notification Requirement Through and up to the conclusion of the Non-Competition Period, Executive shall give notice to the Company of each new business activity he plans to undertake, at least seven (7) days prior to beginning any such activity. Such notice shall state the name and address of the Person for whom such activity is undertaken and the nature of Executive’s business relationship(s) and position(s) with such Person.

  • Abbreviated Documentation Requirements Compile and submit:

  • W-9 Requirement Alongside a signed copy of this Agreement, Grantee will provide Florida Housing with a properly completed Internal Revenue Service (“IRS”) Form W-9. The purpose of the W-9 form is to document the SS# or FEIN# per the IRS. Note: W-9s submitted for any other entity name other than the Grantee’s will not be accepted.

  • Documentation Required The certificates and endorsements shall be received and approved by the District before Work commences. As an alternative, the Contractor may submit certified copies of any policy that includes the required endorsement language set forth herein.

  • GRADUATION REQUIREMENTS I understand that in order to graduate from the program and to receive a certificate of completion, diploma or degree I must successfully complete the required number of scheduled clock hours as specified in the catalog and on the Enrollment Agreement, pass all written and practical examinations with a minimum score of 80%, and complete all required clinical hours and satisfy all financial obligations to the College. Initial

  • Requesting Price Increase/Required Documentation Contractor must submit a written notification at least thirty (30) calendar days prior to the requested effective date of the change, setting the amount of the increase, along with an itemized list of any increased prices, showing the Contractor’s current price, revised price, the actual dollar difference and the percentage of the price increase by line item. Price change requests must include H-GAC Forms D Offered Item Pricing and E Options Pricing, or the documentation used to submit pricing in the original Response and be supported with substantive documentation (e.g. manufacturer's price increase notices, copies of invoices from suppliers, etc.) clearly showing that Contractor's actual costs have increased per the applicable line item bid. The Producer Price Index (PPI) may be used as partial justification, subject to approval by H-GAC, but no price increase based solely on an increase in the PPI will be allowed. This documentation should be submitted in Excel format to facilitate analysis and updating of the website. The letter and documentation must be sent to the Bids and Specifications manager, Xxxxxxx Xxxxxx, at Xxxxxxx.Xxxxxx@x-xxx.xxx Review/Approval of Requests If H-GAC approves the price increase, Contractor will be notified in writing; no price increase will be effective until Contractor receives this notice. If H-GAC does not approve Contractor’s price increase, Contractor may terminate its performance upon sixty (60) days advance written notice to H-GAC, however Contractor must fulfill any outstanding Purchase Orders. Termination of performance is Contractor’s only remedy if H-GAC does not approve the price increase. H-GAC reserves the right to accept or reject any price change request.

  • Application Requirements This application shall contain, as a minimum, a sketch showing the location of proposed facilities; a description, sketch, manufacturer’s brochure, etc. of the proposed facilities; and a description of the operation proposed. (11-28-90) 101. -- 199. (RESERVED)‌ 200. OPERATIONAL AGREEMENT.‌‌

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!