Common use of LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES Clause in Contracts

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTrade, (d) insufficient margin, or AvaTrade’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTrade’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 6 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

AutoNDA by SimpleDocs

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeXxxXxxxx, (d) insufficient margin, or AvaTrade’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTrade’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 3 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 15.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTrade, (d) insufficient margin, or AvaTrade’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTrade’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 2 contracts

Samples: Customer Agreement, Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeFNory, (d) insufficient margin, or AvaTradeFNory’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of applicablelaw;or(f)anyabuseof trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we developmentsthatwe deem appropriate for its protection, and in AvaTradeFNory’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 2 contracts

Samples: fnory.com, fnory.com

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeRaiseFX, (d) insufficient margin, or AvaTradeRaiseFX’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeRaiseFX’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 2 contracts

Samples: Platform Services General Terms and Conditions, raisefx.com

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the Inthe event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing thefiling of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeTradeska, (d) insufficient margin, or AvaTradeTradeska’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable lawapplicablelaw; or (for(f) any abuse of anyabuseof trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeTradeska’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 15.1. In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeInfinex, (d) insufficient margin, or AvaTradeInfinex’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading Abusing Trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeInfinex’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: General Terms

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeHOLACAPITAL, (d) insufficient margin, or AvaTradeHOLACAPITAL’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeHOLACAPITAL’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 15.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradei360fx, (d) insufficient margin, or AvaTradei360fx’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradei360fx’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Client Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 17.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against oragainst Customer; (c) the filing thefiling of an attachment against any of Customer’s Customer‟s accounts carried by AvaTradeTradeska, (d) insufficient margin, or AvaTrade’s Tradeska‟s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s Customer‟s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTrade’s Tradeska‟s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event theevent of (a) the death thedeath or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against oragainst Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeFNory, (d) insufficient margin, or AvaTradeFNory’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practicesapplicablelaw;or(f)anyabuseof tradingpractices, manipulations and/or fraud by manipulationsand/orfraudby Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate developmentsthatwedeemappropriate for its protection, and in AvaTradeFNory’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: fnory.com

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against CustomerCustome r; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeXxxXxxxx, (d) insufficient margin, or AvaTrade’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of regardlessof current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTrade’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 15.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeXxxXxxxx, (d) insufficient margin, or AvaTrade’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement Agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTrade’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeBlueChipTrades, (d) insufficient margin, or AvaTradeBlueChipTrades’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeBlueChipTrades’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 15.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeLive24trade, (d) insufficient margin, or AvaTradeLive24trade’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeLive24trade’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: General Terms & Conditions

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeFXPN, (d) insufficient margin, or AvaTradeFXPN’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeFXPN’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeMainTrade, (d) insufficient margin, or AvaTradeMainTrade’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeMainTrade’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

AutoNDA by SimpleDocs

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeMMA FOREX, (d) insufficient margin, or AvaTradeMMA FOREX’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeMMA FOREX’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeStone Cross, (d) insufficient margin, or AvaTradeStone Cross’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeStone Cross’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeCaptainFX, (d) insufficient margin, or AvaTradeCaptainFX’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeCaptainFX’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 15.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeThe Street Fx, (d) insufficient margin, or AvaTradeThe Street Fx’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeThe Street Fx’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Client Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 15.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeAceFxPro, (d) insufficient margin, or AvaTradeAceFxPro’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeAceFxPro’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Client Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 13.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeVladoBrokers, (d) insufficient margin, or AvaTradeVladoBrokers’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeVladoBrokers’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeFriedberg Direct, (d) insufficient margin, or AvaTradeFriedberg Direct’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeFriedberg Direct’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 15.1. In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeTample, (d) insufficient margin, or AvaTradeTample’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading Abusing Trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeTample’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeOceix, (d) insufficient margin, or AvaTradeOceix’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of applicablelaw;or(f)anyabuseof trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that developmentsthat we deem appropriate for its protection, and in AvaTradeOceix’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 14.1 In the event of (a) the death or judicial declaration of incompetence of Customer; (b) the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Customer; (c) the filing of an attachment against any of Customer’s accounts carried by AvaTradeEuro Next, (d) insufficient margin, or AvaTradeEuro Next’s determination that any collateral deposited to protect one or more accounts of Customer is inadequate, regardless of current market quotations, to secure the account; (e) Customer’s failure to provide us with any information requested pursuant to this agreement or any applicable law; or (f) any abuse of trading practices, manipulations and/or fraud by Customer or any other person authorized to use the account; or (g) any other circumstances or developments that we deem appropriate for its protection, and in AvaTradeEuro Next’s sole discretion, it may take one or more, or any portion of, the following actions:

Appears in 1 contract

Samples: Customer Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.