Common use of Interest Expense Clause in Contracts

Interest Expense. Upon a rollover of a Transaction (or any portion of such Transaction), GTJAFX shall be entitled to charge an interest expense at a rate determined by GTJAFX in its sole and absolute discretion, after considering, including without limitation, its cost of funding and reference prices provided by the liquidity providers as selected by GTJAFX. GTJAFX shall be entitled to deduct such interest expense from the Client's Account, and the Client hereby irrevocably and unconditionally authorises GTJAFX to deduct any such interest expense from the Account at any time as GTJAFX may determine. GTJAFX shall, as soon as practicable, give notice to the Client of any such deduction from the Client's Account under this Clause 13.2.

Interest Expense. Upon a rollover of a an FX Transaction (or any portion of such FX Transaction), GTJAFX shall be entitled to charge an interest expense at a rate determined by GTJAFX in its sole and absolute discretion, after considering, including without limitation, its cost of funding and reference prices provided by the liquidity providers as selected by GTJAFX. GTJAFX shall be entitled to deduct such interest expense from the Client's Account, and the Client hereby irrevocably and unconditionally authorises GTJAFX to deduct any such interest expense from the Account at any time as GTJAFX may determine. GTJAFX shall, as soon as practicable, give notice to the Client of any such deduction from the Client's Account under this Clause 13.2.