Common use of Investor Compensation Fund Clause in Contracts

Investor Compensation Fund. 40.1 If FSL fails to meet obligations to the Customer pursuant to this Agreement, the Customer shall have a right to claim under the Compensation Fund established under the Ordinance, subject to the terms of the Compensation Fund from time to time. 40.2 The liability of the Compensation Fund as mentioned in Clause 40.1 will be restricted to valid claims as provided for in the Ordinance and the relevant subsidiary legislation, being qualifying clients (as defined in the Securities and Futures (Investor Compensation-Claims) Rules (Cap.571T) and will be subject to the monetary limits specified in the Securities and Futures (Investor Compensation - Compensation Limits) Rules (Cap.571AC) and accordingly there can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Compensation Fund in full, in part or at all.

Investor Compensation Fund. 40.1 If FSL MSL fails to meet obligations to the Customer pursuant to this Agreement, the Customer shall have a right to claim under the Compensation Fund established under the Ordinance, subject to the terms of the Compensation Fund from time to time. 40.2 The liability of the Compensation Fund as mentioned in Clause 40.1 will be restricted to valid claims as provided for in the Ordinance and the relevant subsidiary legislation, being qualifying clients (as defined in the Securities and Futures (Investor Compensation-Claims) Rules (Cap.571T) and will be subject to the monetary limits specified in the Securities and Futures (Investor Compensation - Compensation Limits) Rules (Cap.571ACCap. 571AC) and accordingly there can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Compensation Fund in full, in part or at all.

Investor Compensation Fund. 40.1 33.1 If FSL fails to meet obligations to the Customer pursuant to this Agreementsuffers pecuniary loss by reason of the Company's default, the Customer shall have a right to claim under the Compensation Fund established under the Ordinance, subject to the terms of the Compensation Fund from time to time. 40.2 33.2 The liability of the Compensation Fund as mentioned in Clause 40.1 33.1 will be restricted to valid claims as provided for in the Ordinance and the relevant subsidiary legislation, being qualifying clients (as defined in the Securities and Futures (Investor Compensation-Claims) Rules (Cap.571T) and will be subject to the monetary limits specified in the Securities and Futures (Investor Compensation - Compensation Limits) Rules (Cap.571AC) and accordingly there can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Compensation Fund in full, in part or at all.

Investor Compensation Fund. 40.1 33.1 If FSL fails to meet obligations to the Customer pursuant to this Agreementsuffers pecuniary loss by reason of MFL’s default, the Customer shall have a right to claim under the Compensation Fund established under the Ordinance, subject to the terms of the Compensation Fund from time to time. 40.2 33.2 The liability of the Compensation Fund as mentioned in Clause 40.1 33.1 will be restricted to valid claims as provided for in the Ordinance and the relevant subsidiary legislation, being qualifying clients (as defined in the Securities and Futures (Investor Compensation-Claims) Rules (Cap.571T) and will be subject to the monetary limits specified in the Securities and Futures (Investor Compensation - Compensation Limits) Rules (Cap.571ACCap. 571AC) and accordingly there can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Compensation Fund in full, in part or at all.

Investor Compensation Fund. 40.1 33.1 If FSL fails to meet obligations to the Customer pursuant to this Agreementsuffers pecuniary loss by reason of the Company’s default, the Customer shall have a right to claim under the Compensation Fund established under the Ordinance, subject to the terms of the Compensation Fund from time to time. 40.2 33.2 The liability of the Compensation Fund as mentioned in Clause 40.1 33.1 will be restricted to valid claims as provided for in the Ordinance and the relevant subsidiary legislation, being qualifying clients (as defined in the Securities and Futures (Investor Compensation-Claims) Rules (Cap.571T) and will be subject to the monetary limits specified in the Securities and Futures (Investor Compensation - Compensation Limits) Rules (Cap.571ACCap. 571AC) and accordingly there can be no assurance that any pecuniary loss sustained by reason of such a default will necessarily be recouped from the Compensation Fund in full, in part or at all.