Margin Agreement. Seller's payment obligations under this Agreement are secured by the Margin Agreement, which Margin Agreement is hereby incorporated herein for all purposes.
Margin Agreement. Prior to the execution or clearance of any margin transaction in an Account, Correspondent shall obtain and provide Ridge with a margin agreement, hypothecation agreement and consent to loan of securities (collectively, “margin agreement”) executed by the Customer (or, in the case of any Proprietary Account, executed by Correspondent), such agreement to be in a form acceptable to Ridge. Ridge shall have all rights and remedies set forth in such margin agreement, in addition to those set forth in this Agreement, with respect to Accounts which are margin accounts. All transactions in an Account shall be considered cash transactions until Ridge has determined, in its sole and exclusive discretion, to accept margin transactions therein and the duly executed margin agreement has been received by Ridge. Ridge may cancel and rebook as a cash transaction any margin transaction for an Account for which no such executed margin agreement has been received prior to settlement date, and all transaction costs associated with each such cancellation and rebooking shall be borne in their entirety by Correspondent. Correspondent shall be responsible for compliance with Rule 10b-16 under the 1934 Act. Correspondent shall obtain in advance of dissemination the written approval of Ridge of any document to be provided to Customers in connection with Rule 10b-16 under the 1934 Act.
Margin Agreement. Notwithstanding anything herein to the contrary, nothing in this Agreement, including the restrictions on Transfer set forth in Section 1.2 hereof, shall restrict or apply to Transfers of Shares (a) pursuant to any existing or hereafter granted pledge to one or more lenders under the Margin Agreement or any of the Security Agreements (in each case, as defined below), or a collateral agent on behalf thereof, including, without limitation, in connection with any amendment to the Margin Agreement (whether to increase the aggregate amount of borrowings thereunder or otherwise), or (b) pursuant to a foreclosure or exercise of remedies (or transfer in lieu of foreclosure) by any such lender or any collateral agent, in each case, acting on its behalf, including, without limitation, any Transfers of Shares by such lender or collateral agent. For the avoidance of doubt, any exercise of any lender’s rights and/or remedies under the Margin Agreement or any of the Security Agreements and any Transfer of Shares following any exercise of such remedies shall not be limited or restricted by any provision of this Agreement and no transferee of any Shares in connection therewith shall be required to be bound by this Agreement in any respect. As used herein, “Margin Agreement” means that certain margin loan agreement entered into by certain Stockholders and described in Amendment No. 1, filed on April 4, 2022, to the Schedule 13D originally filed by certain Stockholders on March 4, 2022, relating to the Shares described therein, as amended, restated, supplemented or otherwise modified from time to time and “Security Agreements” means the accompanying pledge, security and other collateral agreements to the Margin Agreement, including any pledge and Security Agreements entered into after the date hereof.
Margin Agreement. If Leede has agreed to grant you a margin facility, the following additional terms and conditions will govern your Account and margin facility:
Margin Agreement. In consideration of CQ Correspondent Partners, a division of Credential Securities, accepting your Account(s), you agree that:
Margin Agreement. If Queensbury has agreed to grant you a margin facility, the following additional terms and conditions will govern your Account and margin facility:
Margin Agreement. 1. We agree to keep whatever margins PSI, in its sole discretion, requires. We promise to pay on demand any debit balance which may be owing in our account.
Margin Agreement. 16 Section 7.15 Intent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 Section 7.16
Margin Agreement. To the extent that you establish a Margin Account at DriveWealth, you will be required to attest to receiving, reviewing, and acknowledging DriveWealth’s Margin Account Agreement, and applicable Margin Disclosures. All transactions in your Margin Account are subject to the terms of this Customer Account Agreement, the terms of the Margin Agreement and any other written agreements between you and us, as may be amended from time to time. Tax Consequences and Related Information: Non-U.S. Tax Obligations.If you are not a United States-based entity or are otherwise subject to the jurisdiction of a tax authority other than the Internal Revenue Service, you may be subject to laws, rules, regulations, withholding requirements, tax payments and other obligations related to your Account, the Transactions therein, and the amounts you pay to DriveWealth for the services provided hereunder (“Foreign Tax Rules”). You agree that, notwithstanding the letter of those Foreign Tax Rules, you shall be liable and responsible for compliance therewith, and shall indemnify and hold harmless DriveWealth from and against any tax obligations or penalties incurred by you or DriveWealth in connection therewith. Transfer of Excess Funds; Exchange Rate Xxxxxxxxxxxx.Xxx hereby authorize DriveWealth to transfer excess funds from your Accounts to any of your other Accounts for any reason, but not in conflict with the Commodity Exchange Act. Termination of Your Relationship with Your Introducing Broker or Investment Advisor. Either you, or your Introducing Broker or Investment Advisor may provide DriveWealth with notice to close your Account with your Introducing Broker or Investment Advisor. You understand that you must provide further instructions to DriveWealth on where to wire funds and/or move securities held in your Account. You agree that you will provide such instructions to DriveWealth within thirty (30) days of your Account with your Introducing Broker or Investment Advisor being closed. If DriveWealth does not receive such instructions, then you agree that DriveWealth may assess your Account an ongoing monthly maintenance fee of twenty cents ($0.20 USD) to continue custodying your Account, and you explicitly authorize DriveWealth to deduct funds from your Account and/or liquidate securities in your Account to cover such maintenance fee. Satisfaction of Indebtedness; Xxxxxxxxxxx.Xxx may terminate this Agreement at any time by written notice to DriveWealth Attention: New Accounts ...
Margin Agreement. If Xxxxx Xxxxx has agreed to grant you a margin facility, the following additional terms and conditions will govern your Account and margin facility:
