Liquidating Guarantees/Collaterals and Requesting Additional Guarantee Sample Clauses

Liquidating Guarantees/Collaterals and Requesting Additional Guarantee. Collateral In the event that the Investor’s Accounts at RSI Global Investment firm is overdrawn for any reason, RSI Global Investment firm reserves the right to notify the Investor via the fastest communication method that is deemed appropriate and to request to pay the overdraft balance. In case the investor fails to pay this deficit balance within 2 (two) business days following the notification, RSI Global Investment firm may sell the relevant Financial Assets of the Investor with the purpose to collect its receivables and to settle overdraft balance and appropriate the amount collected against the default debt of the Investor in accordance with the provisions of legislation and based on the rights of RSI Global Investment firm to exercise lien, transfer, clearing, retention and appropriation on all types of securities of the Investor without obtaining any further buy/ sell order from the Investor and without notifying the Investor or applying for legal proceedings. In such a case, all damages and losses that may be incurred due to the said sales transaction shall be covered separately by the Investor. In case the collaterals/guarantees received in exchange for the transactions carried out by the Investor is insufficient or when the Initial Margin and Maintenance Margin rates for the transactions to be carried out by the Investor are required to be changed, RSI Global Investment firm always reserves the right to demand additional guarantee/collateral. The Investor is obliged to provide/deposit this additional collateral/guarantee requested. In case the Investor fails to provide/deposit this additional collateral/guarantee requested; RSI Global Investment firm may meet the additional collateral/guarantee deficit by selling and/or freezing the Financial Assets of the Investor at RSI Global Investment firm without obtaining any further buy/sell order from the Investor and without notifying the Investor or applying for legal proceedings. In case the Investor fails to provide additional collateral, RSI Global Investment firm has the right to refuse the transactions of the Investor and/or to close positions that are not due.
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Liquidating Guarantees/Collaterals and Requesting Additional Guarantee. Collateral In the event that the Investor’s Accounts at Beta Investments is deficient for any reason, Beta Investments reserves the right to notify the Investor via the fastest communication method that is deemed appropriate and to request to pay the deficient balance. In case the nvestorfails to pay this deficit balance within 2 (two) business days following the notification, Beta Investments may sell the relevant Financial Assets of the Investor with the purpose to collect its receivables and to settle this deficient balance and appropriate the amount collected against the default debt of the Investor in accordance with the provisions of legislation and based on the rights of Beta Investments to exercise lien, transfer, clearing, retention and appropriation on all types of securities of the Investor without obtaining any further buy/ sell order from the Investor and without notifying the Investor or applying for legal proceedings. 18.3. Deficitni iznos na računima Investitora U slučaju da je deficit na računima Investitora u stranoj valuti, deficit će se naplaćivati po deviznom kursu Centralne banke Crne Xxxx, a Beta Investments ne preuzima nikakvu odgovornost za bilo koje gubitke koji mogu nastati prilikom prisvajanja deficitarnog salda u stranoj valuti. 18.4. Likvidiranje garancija/kolaterala i traženje dodatne garancije / obezbjeđenja U slučaju da su računi Investitora u Beta Investments iz bilo kojeg razloga manjkavi, Beta Investments zadržava pravo da obavijesti Investitora putem najbržeg načina komunikacije koji se smatra prikladnim i zahtijeeva xx xxxxx nedostatak. U slučaju da Investitor ne izvrši plaćanje ovog deficita u roku od 2 (dva) radna xxxx xxxxx obavejštenja, Beta Investments može prodati relevantna finansijska sredstva Invesitora u cilju naplate njegovih potraživanja i podmirivanja ovog deficita i raspodijeliti namireni iznos na namirenje dospjelog duga Investitora u skladu sa propisima obligacionog zakonika i na osnovu prava Beta Investments da vrše založno pravo, prenos, kliring, retenciju i prisvajanje svih vrsta hartija od vrednosti Investitora bez dodatnog naloga za kupovinu / prodaju od Investitora i bez obaveštavanja Investitora ili pokretanja pravnog postupka. U takvom slučaju, svu štetu koje može nastati usljed navedene
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Related to Liquidating Guarantees/Collaterals and Requesting Additional Guarantee

  • Continuing Guarantee This guarantee is a continuing guarantee and will extend to the ultimate balance of sums payable by any Obligor under the Finance Documents, regardless of any intermediate payment or discharge in whole or in part.

  • The Guarantee Each Guarantor hereby jointly and severally with the other Guarantors guarantees, as a primary obligor and not merely as a surety to each Secured Party and their respective permitted successors and assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of (i) the Title 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code and (ii) any other Debtor Relief Laws) on the Loans made by the Lenders to, and the Notes held by each Lender of, the Borrower, and all other Secured Obligations from time to time owing to the Secured Parties by any Loan Party or any Subsidiary under any Loan Document or any Secured Hedge Agreement or any Treasury Services Agreement, in each case strictly in accordance with the terms thereof (such obligations, including any future increases in the amount thereof, being herein collectively called the “Guaranteed Obligations”); provided, however, that Guaranteed Obligations shall exclude all Excluded Swap Obligations. The Guarantors hereby jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.

  • Parent Company Guarantee Upon execution of this CONTRACT, the CONTRACTOR shall deliver to the COMPANY a PARENT COMPANY GUARANTEE from the company named in Appendix 1 to Section I – Form of Agreement for proper performance of its obligations under this Contract. The CONTRACTOR shall maintain in force the PARENT COMPANY GUARANTEE for the duration of its liability under this CONTRACT.

  • PERSONAL GUARANTEE For valuable consideration, the receipt of which is acknowledged, the undersigned (“Guarantor”) irrevocably, absolutely and unconditionally guarantees to OptConnect the full and prompt payment by Customer of all of Customer's obligations under this Agreement. In the event Customer fails to pay all or part of its obligations when due under this Agreement, Guarantor agrees to pay OptConnect in a timely manner all amounts not paid by Customer. In addition, Xxxxxxxxx agrees to pay all reasonable attorneys' fees and all costs and expenses incurred in collecting or compromising any indebtedness of Customer guaranteed hereunder or in enforcing this Personal Guarantee against Guarantor. This Personal Guarantee is in no way conditioned or contingent on any attempt to collect Customer's payment obligations from any other person obligated with respect to Customer's obligations or any other guarantor of Customer's obligations. This Personal Guarantee shall be binding on Guarantor and shall inure to the benefit of OptConnect and its successors and assigns. The obligations of Guarantor under this Personal Guarantee shall remain in full force and effect notwithstanding the death or disability of Guarantor. Guarantor, recognizing that his or her individual credit history may be necessary in the evaluation of this Personal Guarantee, hereby consents to and authorizes the use of a consumer credit report on Guarantor by OptConnect, from time to time as may be needed for credit evaluation purposes. Signature X Printed Name Date ACH AUTHORIZATION The method of payment for the equipment rental and monthly Wireless Service Charges, and all other amounts or fees that become due and owing by Customer under this Agreement, is ACH. Customer authorizes OptConnect to initiate ACH transfer entries and to debit and/or credit the account identified below (the “Account”) for the equipment rental and monthly Wireless Service Charges, and all other amounts or fees that become due and owing by Customer under this Agreement. Customer agrees to keep the Account funded to the extent needed to reasonably support transaction amounts posted by OptConnect under this Agreement. In the event an ACH payment is returned unpaid to OptConnect, Xxxxxxxx agrees to immediately pay OptConnect a returned ACH fee of $35.00 per returned item. All shortages and adjustments are the full responsibility of Customer. The undersigned represents and warrants to OptConnect that the person executing this ACH Authorization is an authorized signatory on the Account and that all information regarding the Account and Customer is true and correct. Financial Institution Name Financial Institution Address Contact Name Telephone City State Zip Account Type Business Checking Savings Personal Checking General Ledger Routing Number Account Number (include all leading 0's) Authorized Signature on Account X Printed Name Title Date This ACH Authorization must be accompanied by a printed Voided Check or a letter from your financial institution stating the Customer's name, Routing Number, and Account Number. Attach Voided Check Here

  • Guarantee The Guarantor irrevocably and unconditionally agrees to pay in full to the Holders the Guarantee Payments (without duplication of amounts theretofore paid by the Issuer), as and when due, regardless of any defense, right of set-off or counterclaim that the Issuer may have or assert. The Guarantor's obligation to make a Guarantee Payment may be satisfied by direct payment of the required amounts by the Guarantor to the Holders or by causing the Issuer to pay such amounts to the Holders.

  • Weekly Guarantee Apprentices must be employed a minimum of forty (40) hours per week.

  • Daily Guarantee (a) Subject to the provisions of subsection (c), an employee reporting for a scheduled shift on the call of the Employer, shall receive the employee's regular hourly rate of pay for the entire period spent at the place of work, with a minimum of two (2) hours' pay at the regular hourly rate.

  • Continuing Guaranty This Guaranty is a continuing guaranty and shall remain in effect until all of the Guaranteed Obligations shall have been paid in full and the Revolving Commitments shall have terminated and all Letters of Credit shall have expired or been cancelled. Each Guarantor hereby irrevocably waives any right to revoke this Guaranty as to future transactions giving rise to any Guaranteed Obligations.

  • Money Back Guarantee If we provide a money back guarantee ("MBG") for your Service, it will begin on your Service Ready Date. During this MBG period you may cancel your Service and receive a full refund of all monthly, one-time and equipment charges paid to Verizon (provided you return all Equipment in good working condition). If you fail to return the Equipment, an unreturned Equipment fee will apply. ETFs will not apply to Service terminated within the MBG period. The MBG does not apply to customers who change between or renew bundle, monthly, term or other pricing plans. The MBG is limited to one per Subscriber per Service type per Service address.

  • Financial Guarantee 30.1 By derogation from article 30 of the General Conditions, no pre-financing guarantee is required.

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