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

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 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 FUNDA MARKETS LIMITED, (d) insufficient margin, or FUNDA MARKETS LIMITED'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 (f) any other circumstances or developments that we deem appropriate for its protection, and in FUNDA MARKETS LIMITED's sole discretion, it may take one or more, or any portion of, the following actions:

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 67. In the event of (a) the The death or judicial declaration of incompetence of Customerthe Client; (b) the 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 Customerthe Client; (c) the The filing of an attachment against any of Customerthe Client’s accounts Accounts carried by FUNDA MARKETS LIMITEDthe Company, (d) insufficient Insufficient margin/guarantee, or FUNDA MARKETS LIMITED's the Company’s determination that any collateral deposited to protect one or more accounts Accounts of Customer the Client is inadequate, regardless of current market quotations, to secure the accountAccount; (e) CustomerThe Client’s failure to provide us the Company with any information requested pursuant to this agreementAgreement; or (f) any Any other circumstances or developments that we deem the Company deems appropriate for its protection, and in FUNDA MARKETS LIMITED's the Company’s sole discretion, it may take one or more, or any portion of, the following actions:

LIQUIDATION OF ACCOUNTS AND PAYMENT OF DEFICIT BALANCES. 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 FUNDA SIRIUS MARKETS LIMITED, (d) insufficient margin, or FUNDA SIRIUS MARKETS LIMITED'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 (f) any other circumstances or developments that we deem appropriate for its protection, and in FUNDA SIRIUS MARKETS LIMITED's sole discretion, it may take one or more, or any portion of, the following actions: