Common use of Laws and Rules Clause in Contracts

Laws and Rules. 3.1 All Exchange Traded Options Business shall be effected in accordance with all applicable laws, rules and regulatory directions (the “Rules”) applying to us, including, but not limited to, the Options Trading Rules of the Exchange, the Clearing Rules of The SEHK Options Clearing House Limited (“SEOCH”) and the rules of the Hong Kong Securities Clearing Company Limited (“HKSCC”). In particular, SEOCH has authority under the Rules to make adjustments to the terms of Contracts, and we shall notify you of any such adjustments which affect Client Contracts to which you are a party. All actions taken by us, the Exchange, SEOCH or HKSCC in accordance with such Rules shall be binding on you. 3.2 You agree that the terms of the Standard Contract (as defined in the Options Trading Rules of the Exchange) for the relevant options series shall apply to each Client Contract between you and us, and that all Client Contracts shall be created, exercised, settled and discharged in accordance with the Rules. 3.3 You agree to indemnify us and our Agents, including, our respective officers, directors, and employees, immediately upon demand against all claims, demands, actions, proceedings, losses, penalties, fines, taxes, damages, costs and expenses (including legal costs incurred by us) on a fully indemnity basis and any liability whatsoever resulting from breach of your obligations under the Customer Agreement including this Section, including costs reasonably incurred in collecting debts from you, and in closing the Options Account.

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

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Laws and Rules. 3.1 4.1 All Exchange Traded Options Business shall be effected in accordance with all applicable laws, rules and regulatory directions (the “Rules”) applying to us, including, but not limited to, EGFGL. This Rules includes the Options Trading Rules of the ExchangeSEHK, the Clearing Rules of The SEHK Options Clearing House Limited (“SEOCH”) SEOCH and the rules of the Hong Kong Securities Clearing Company Limited (“HKSCC”). In particular, SEOCH has authority under the Laws and Rules to make adjustments to the terms of Contracts, and we EGFGL shall notify you of any such adjustments which affect Client Contracts to which you are a party. All actions taken by usEGFGL, by the ExchangeSEHK, by SEOCH or by the HKSCC in accordance with such Rules shall be binding on you. 3.2 4.2 You agree that the terms of the Standard Contract (as defined in the Options Trading Rules of the Exchange) for the relevant options series shall apply to each Client Contract between you and us, and that all Client Contracts shall be created, exercised, settled and discharged in accordance with the Rules. 3.3 4.3 You agree to indemnify us and our Agentsagents, including, our respective officers, directors, and employees, immediately upon demand against all claims, demands, actions, proceedings, losses, penalties, fines, taxes, damages, costs and expenses (including legal costs incurred by us) on a fully indemnity basis and any liability whatsoever resulting from breach of your obligations under the Customer this Client Agreement including this SectionSchedule, including costs reasonably incurred in collecting debts from you, and in closing the Options Account.

Appears in 1 contract

Samples: Client Agreement

Laws and Rules. 3.1 All Exchange Traded Options Business shall be effected in accordance with all applicable laws, rules and regulatory directions (the “Rules”) applying to us, including, but not limited to, the Options Trading Rules of the Exchange, the Clearing Rules of The SEHK Options Clearing House Limited (“SEOCH”) and the rules of the Hong Kong Securities Clearing Company Limited (“HKSCC”). In particular, SEOCH has authority under the Rules to make adjustments to the terms of Contracts, and we shall notify you of any such adjustments which affect Client Contracts to which you are a party. All actions taken by us, the Exchange, SEOCH or HKSCC in accordance with such Rules shall be binding on you. 3.2 You agree that the terms of the Standard Contract (as defined in the Options Trading Rules of the Exchange) for the relevant options series shall apply to each Client Contract between you and us, and that all Client Contracts shall be created, exercised, settled and discharged in accordance with the Rules.. - 49 - ESD-001-E/06 3.3 You agree to indemnify us and our Agents, including, our respective officers, directors, and employees, immediately upon demand against all claims, demands, actions, proceedings, losses, penalties, fines, taxes, damages, costs and expenses (including legal costs incurred by us) on a fully indemnity basis and any liability whatsoever resulting from breach of your obligations under the Customer Agreement including this Section, including costs reasonably incurred in collecting debts from you, and in closing the Options Account.

Appears in 1 contract

Samples: Customer Agreement

Laws and Rules. 3.1 All Exchange Traded Options Business shall be effected in accordance with all applicable laws, rules and regulatory directions (the “Rules”) applying to us, including, but not limited to, the Options Trading Rules of the Exchange, the Clearing Rules of The SEHK Options Clearing House Limited (“SEOCH”) and the rules of the Hong Kong Securities Clearing Company Limited (“HKSCC”). In particular, SEOCH has authority under the Rules to make adjustments to the terms of Contracts, and we shall notify you of any such adjustments which affect Client Contracts to which you are a party. All actions taken by us, the Exchange, SEOCH or HKSCC in accordance with such Rules shall be binding on you. 3.2 You agree that the terms of the Standard Contract (as defined in the Options Trading Rules of the Exchange) for the relevant options series shall apply to each Client Contract between you and us, and that all Client Contracts shall be created, exercised, settled and discharged in accordance with the Rules.. - 49 - ESD-001-E/07 3.3 You agree to indemnify us and our Agents, including, our respective officers, directors, and employees, immediately upon demand against all claims, demands, actions, proceedings, losses, penalties, fines, taxes, damages, costs and expenses (including legal costs incurred by us) on a fully indemnity basis and any liability whatsoever resulting from breach of your obligations under the Customer Agreement including this Section, including costs reasonably incurred in collecting debts from you, and in closing the Options Account.

Appears in 1 contract

Samples: Customer Agreement

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Laws and Rules. 3.1 4.1 All Exchange Traded Options Business shall be effected in accordance with all applicable laws, rules and regulatory directions (the “Rules”) applying to us, including, but not limited to, Jimei. This Rules includes the Options Trading Rules of the ExchangeSEHK, the Clearing Rules of The SEHK Options Clearing House Limited (“SEOCH”) SEOCH and the rules of the Hong Kong Securities Clearing Company Limited (“HKSCC”). In particular, SEOCH has authority under the Laws and Rules to make adjustments to the terms of Contracts, and we Xxxxx shall notify you of any such adjustments which affect Client Contracts to which you are a party. All actions taken by usXxxxx, by the ExchangeSEHK, by SEOCH or by the HKSCC in accordance with such Rules shall be binding on you. 3.2 4.2 You agree that the terms of the Standard Contract (as defined in the Options Trading Rules of the Exchange) for the relevant options series shall apply to each Client Contract between you and us, and that all Client Contracts shall be created, exercised, settled and discharged in accordance with the Rules. 3.3 4.3 You agree to indemnify us and our Agentsagents, including, our respective officers, directors, and employees, immediately upon demand against all claims, demands, actions, proceedings, losses, penalties, fines, taxes, damages, costs and expenses (including legal costs incurred by us) on a fully indemnity basis and any liability whatsoever resulting from breach of your obligations under the Customer this Client Agreement including this SectionSchedule, including costs reasonably incurred in collecting debts from you, and in closing the Options Account.

Appears in 1 contract

Samples: Client Agreement

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