Common use of Long Term Commitment Clause in Contracts

Long Term Commitment. For RMB products which involve a long period of investment, if you redeem the investment before the maturity date or during the lock-up period (if applicable), you may incur a significant loss of principal where the proceeds may be substantially lower than the invested amount. You may also suffer from early surrender/withdrawal fees and charges, as well as the loss of returns (where applicable) as a result of redemption before the maturity date or during the lock-up period.

Appears in 3 contracts

Samples: Private Bank Master Agreement, Private Bank Master Agreement, Private Bank Master Agreement

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Long Term Commitment. For RMB products which involve a long period of investment, if you redeem the investment before the maturity date or during the lock-up period (if applicable), you may incur a significant loss Loss of principal where if the proceeds may be are substantially lower than the invested amount. You may also suffer from early surrender/surrender/ withdrawal fees and charges, charges as well as the loss Loss of returns (where applicable) as a result of redemption before the maturity date or during the lock-up period.

Appears in 1 contract

Samples: Client Agreement

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