Margin Account. The Account is a Margin Account. All positions in and trades executed for the Account will be for cash settlement without any extension of credit and strictly limited in form and type to those available through the Program. The sole purpose of margin in the Account is to facilitate Betterment’s ability to sell securities and purchase other securities on behalf of Client within narrow time frames (“Substitutions”). A Substitution occurs when Betterment sells securities on behalf of Client and – after the time of trade but before settlement – uses the cash proceeds to purchase other securities. Client must deposit and maintain in cash or collateral 100% of the value of all securities held in the Account. Betterment Securities will not charge Client any interest for activity in the Account. Client and Betterment Securities further understand and agree to the following:
a. Client may not engage in any day trading. A “Day Trade” is the purchasing and selling or the selling and purchasing of the same security on the same day in a margin account. However, a Day Trade does not include a long security position held overnight and sold the next day prior to any new purchase of the same security. To help ensure Client does not engage in any Day Trades, Clients are restricted from making more than one allocation change during Market Hours of each Business Day.
b. If purchases or sales do not settle on schedule or for expected value as of the time of trade, Betterment Securities may sell the Assets in the Account to pay for Substitutions without prior notice to Client and at a loss or at lower prices than under other circumstances. Client remains solely liable for any deficiencies arising from such sales. Client has carefully considered Client’s own financial condition, tolerance for risk and investment objectives, as well as market conditions, before deciding to use margin account features. Betterment and Betterment Securities have made available to Client certain information relating to margin trading and before submitting the Application for a margin account and Client has had an opportunity to review this information.
c. Betterment Securities can liquidate or buy any security to cover positions in the Account at any time without demand for additional funds and despite notice that Client will provide additional collateral. Betterment Securities is not obligated to notify Client of such liquidations. Betterment Securities can liquidate any and all Securities and/or ot...
Margin Account. The term Margin Account shall mean a segregated account in -------------- the name of a broker, dealer, or Clearing Member, or in the name of the Trust or a Fund for the benefit of a broker, dealer, or Clearing Member, or otherwise, in accordance with an agreement between the Trust on behalf of a Fund, the Custodian and a broker, dealer, or Clearing Member (a "Margin Account Agreement"), separate and distinct from the custody account, in which certain Securities and/or moneys of a Fund shall be deposited and withdrawn from time to time in connection with such transactions as the Fund may from time to time determine. Securities held in the Book-Entry System or the Depository shall be deemed to have been deposited in, or withdrawn from, a Margin Account upon the Custodian's effecting an appropriate entry on its books and records.
Margin Account. You accept that your Account is a Margin Account. When you purchase securities on margin, you are borrowing money from the Firm and pledging all securities and other property in your Account as collateral for these loans. The Margin Agreement that is posted at the Firm’s website is hereby incorporated by reference and is made part of the Agreement. In consideration of the acceptance of your account under this Client Agreement, you agree to the terms and provisions as well as those of the Margin Agreement. You agree to evaluate your own financial situation, resources, investment objectives, and other relevant circumstances to determine whether margin transactions are appropriate for you. The Firm will not be responsible for making this determination. Even if you determine that margin is appropriate for the Account, the Firm determines whether to make such loans to you. You also understand that trading securities on margin involves a variety of risks related in the Firm’s Risk Disclosure including to the following: A decline in the value of securities that you purchase on margin may require you to provide additional funds to the Firm to avoid the forced sale of those securities or other securities or assets in your Account. You could lose more than the amount you deposit in my Account. to clients under certain conditions, you do not have a right to any extension. The Firm will determine whether to provide an extension.
Margin Account. You accept that your Account is a Margin Account. When you purchase securities on margin, you are borrowing money from the Firm and pledging all securities and other property in your Account as collateral for these loans. The Margin Agreement that is posted at the Firm’s website is hereby incorporated by reference and is made part of the Agreement. In consideration of the acceptance of your account under this Agreement, you agree to the terms and provisions as well as those of the Margin Agreement. You agree to evaluate your own financial situation, resources, investment objectives, and other relevant circumstances to determine whether margin transactions are appropriate for you. The Firm will not be responsible for making this determination. Even if you determine that margin is appropriate for the Account, the Firm determines whether to make such loans to you. You also understand that trading securities on margin involves a variety of risks related in the Firm’s Risk Disclosure including to the following:
a. You can lose more funds than you deposit in your Account. A decline in the value of securities that you purchase on margin may require you to provide additional funds to the Firm to avoid the forced sale of those securities or other securities or assets in
b. The Firm can force the sale of securities or other assets in your Account. If the equity in your Account falls below the maintenance margin requirement, or any higher “house”
c. The Firm can sell your securities or other assets without contacting you. Some investors mistakenly believe that a firm must contact them for a margin call to be valid, and that the firm cannot liquidate securities or other assets in their accounts to meet the call unless the firm has contacted them first. This is not the case. Although the Firm may attempt to notify you of margin calls, the Firm is not required to do so, and even if the Firm
d. You are not entitled to choose which securities or other assets in your Account are liquidated or sold to meet a margin call. Because all the assets in the Account are collateral for your margin loan, the Firm has the right to decide which securities to sell in order to protect its interests.
e. The Firm can increase “house” maintenance margin requirements at any time and is not required to provide you advance written notice of the change. These changes to the Firm’s Margin Policy often take effect immediately and may result in the issuance of a maintenance margin call. Your failu...
Margin Account. The Borrower shall, on or prior to the Closing Date, establish at the Accounts Securities Intermediary a segregated trust account in the name “KLCC SPV GS1 LLC, subject to the lien of State Street, as Collateral Agent on behalf of the Secured Parties”, which shall be designated as the Margin Account, which shall be held by the Accounts Securities Intermediary in accordance with the Account Control Agreement, into which the Borrower shall deposit cash in U.S. dollars from time to time as required pursuant to the Margining Agreement. Any and all funds at any time on deposit in, or otherwise to the credit of, the Margin Account shall be held by the Collateral Agent for the benefit of the Secured Parties. The only withdrawals from the Margin Account shall be (1) if at any time any Event of Default has occurred and is continuing, for application under the Enforcement Priority of Payments at the direction of the Requisite Lenders and (2) if no Default or Event of Default or Collateral Deficit has occurred or would result therefrom, for transfer to the Principal Collection Account or remittance to the Equity Holder as provided in the Margining Agreement. On the Business Day prior to the Maturity Date, the Collateral Agent shall remit the balance on deposit in the Margin Account to the Principal Collection Account for application as Principal Proceeds.
Margin Account. A margin account allows you to borrow against the market value of eligible securities already in your account. The maximum loan amount of an eligible securities is determined by the Investment Industry Regulatory Organization of Canada (IIROC), (we can determine a more restrictive value than this maximum loan amount), and varies depending on the type of investment and the market value of the security. You have to pay a certain amount of money, called the margin deposit, in partial settlement of the transaction. Interest charges are to be paid by you on any amount we lend you. Account available in Canadian and US dollars.
Margin Account. The Borrower shall, on or prior to the Initial Funding Date, establish at the Borrower Accounts Securities Intermediary a segregated trust account in the name “Gladwyne Funding LLC, subject to the lien of Citibank, N.A., as Collateral Agent on behalf of the Secured Parties”, which shall be designated as the Margin Account, which shall be held by the Borrower Accounts Securities Intermediary in accordance with the Securities Account Control Agreement, into which the Borrower shall deposit cash in U.S. dollars from time to time as required pursuant to the Margining Agreement. Any and all funds at any time on deposit in, or otherwise to the credit of, the Margin Account shall be held in trust by the Collateral Agent for the benefit of the Secured Parties. The only withdrawals from the Margin Account shall be (1) if at any time any Event of Default has occurred and is continuing, for application under the Enforcement Priority of Payments at the direction of the Requisite Lenders and (2) if no Default or Event of Default or Collateral Deficit has occurred and is continuing or would result therefrom, for remittance to the Equity Owner or transfer to the Principal Collection Account as provided in the Margining Agreement. On the Business Day prior to the Maturity Date, the Collateral Agent shall remit the balance on deposit in the Margin Account to the Principal Collection Account for application as Principal Proceeds. At all times, the Margin Account shall remain at an institution that satisfies the requirements of Section 1 of this Schedule F.
Margin Account. 4.1 The Margin Account shall be used for the purchase and sale of Marginable Securities in accordance with the terms of this Agreement and for the carrying of Securities and Singapore dollars to be used as Margin. The Company may at its sole discretion do whatever it considers necessary or desirable including but not limited to the sale of any other Securities which are not Marginable Securities.
4.2 The Client acknowledges and agrees that the operation of and all transactions carried out under the Margin Account shall at all times be conducted in accordance with the rules, regulations, custom and usage of the SGX-ST, CDP, SCCS, the Securities and Futures Act (Chapter 289) (“SFA”), the Securities and Futures (Licensing and Conduct of Business) Regulations (“SFR”), SGX-ST Rules and any other relevant law, as the same may be amended, modified or supplemented from time to time and all other relevant laws, rules, bye-laws, regulations, custom and usage of any other stock exchange or market on which such transactions are executed by the Company.
4.3 All securities transactions carried out under the Margin Account shall be effected by any of the Trading Representatives and/or the Client and shall be executed as ready bargains for ready delivery and shall be due on the third Market Day following the date of transaction.
4.4 The Company may at its absolute discretion and at any time review and vary this Agreement and insert such new terms herein or vary the Margin requirements or the Margin Facility granted to the Client by giving not less than three (3) days' notice to the Client. The Client shall be deemed to have agreed to such variations and/or insertions thereof unless the Client otherwise expressly notifies the Company in writing within three (3) Business Days of receipt of such notice.
Margin Account. If your Account is a margin account or is used as such, you agree to the following terms, which are in addition to the other terms and conditions set out in this Agreement. In particular, the provisions of sections 4.2 (Compliance with Applicable Laws), 4.7 (Handling of Securities) and 4.13 (Credit and Debit Balances) apply to the operation of your Account as a margin account.
Margin Account. Notwithstanding anything contained in this Agreement, Stockholder shall not be prohibited from depositing Subject Shares in a margin account.
