Margin Call. You agree to pay us on demand such sums by way of margin as are required from time to time under the Rules of any relevant Market (if applicable) or as we may in our discretion reasonably require for the purpose of protecting ourselves against loss or risk of loss on present, future or contemplated Transactions under this Agreement.
Margin Call. 7.1 Xxxxxx calls must be met on demand of Galaxy International Futures (or such other time limit as may be specified by Galaxy International Futures from time to time, however, never later than the time the relevant Exchange requires client margin to be met). Without prejudice to the provisions of clause 3.5 of this Part E, Client’s failure to meet such calls may result in Galaxy International Futures being entitled or obliged by the rules or regulations of the relevant Exchange and/or Clearing House to close out the Open Contracts held on behalf of the Client in respect of which calls have not been met, and/or to notify the relevant Exchange, Clearing House or broker particulars of such Open Contracts. The Client acknowledges that Galaxy International Futures will report to the Futures Exchange and the SFC particulars of all open positions in respect of which two successive margin calls and demands for variation adjustment are not met within the period specified by Galaxy International Futures and Galaxy International Futures may require more margin or variation adjustments than that specified by the Futures Exchange and/ or Clearing House and may close out open positions in respect of which any margin calls and demands for variation adjustments are not met within the period specified by Galaxy International Futures or at the time of making such call(s) or demands(s).
Margin Call. Client shall on demand from CIF make payments of deposits or margin in monies, Securities and/or other assets in such amount and in such form into a designated account and within such time as specified by CIF (referred to as a “Margin Call”), as CIF in its absolution discretion determines necessary to provide adequate security in respect of Facility. For the purpose of Margin Call, CIF shall use its best endeavours to contact the Client promptly by phone on the telephone numbers indicated by the Client on the Account Opening Form and/or by sending to the Client a Margin Call notice by post, fax, email or otherwise. Client agrees that it shall be deemed properly notified of the Margin Call even if CIF fails to contact it by phone or the Client fails to receive the written notice.
Margin Call. All amounts (including Margin) payable by the Client in connection with this Agreement shall be due on demand and in the currency of GTJAF's choice subject only to any restrictions which may be imposed by the relevant exchange and/or clearing house on which the relevant Derivatives transactions were executed. Demands for Margin must be met within twelve (12) hours or such other time limit as GTJAF may in its absolute discretion determine to be necessary and notify to the Client. Without prejudice to the provisions of Clause 14, failure to meet margin calls may result in GTJAF being entitled or obliged by the rules or regulations of the relevant exchange and/or clearing house to close out the Derivatives contracts held on behalf of the Client in respect of which any Margin calls are not met within the period specified by GTJAF or at the time of making such call(s), and/or to notify the relevant exchange, clearing house or broker particulars of such contracts.
Margin Call. Margin client has to ensure that the outstanding amount of the Credit Facilities in the margin account at all times will not be greater than the Acceptable Margin Value of all the securities in the margin account. The Acceptable Margin Value is the discounted value of the securities in the margin account which will be decided upon and fixed by Xxx Eng Securities (Hong Kong) Limited from time to time and at Xxx Eng Securities (Hong Kong) Limited’s sole discretion. If the outstanding amount of the Credit Facilities is greater than the Acceptable Margin Value, the margin client shall immediately after such condition exists, whether or not the margin client has received a notice from Xxx Eng Securities (Hong Kong) Limited, deposit such amount of cash or securities acceptable to Xxx Eng Securities (Hong Kong) Limited so that after the deposit, the aggregate Acceptable Margin Value of all the securities in the margin account shall not be less than the outstanding amount of the Credit Facilities. If the margin client fails to deposit sufficient amount of cash or securities acceptable to Xxx Eng Securities (Hong Kong) Limited, Xxx Eng Securities (Hong Kong) Limited may without demand sell the securities in the margin account to reduce the outstanding amount of the Credit facilities until the aggregate Acceptable Margin Value of all the securities in the margin account shall not be less than the outstanding amount of the Credit Facilities. In general, the Acceptable Margin Value is set out as follows: Type of Securities Acceptable margin value % Selected blue chips 70% Other Blue chips and selected H shares 60% Hang Seng China Enterprise 50% Selected stocks with market 50% Capitalization > HK$2.5 billion Other Selected stocks 30% The above stock grading criteria is applicable to diversified portfolio and stock grading for single stock account will be considered on a case by case basis. Clients should check with the Account Executives of the Acceptable Margin Value of a particular stock.
Margin Call. We are not under an obligation to keep you informed of your Account balance and the Margin required as it is your responsibility to monitor any shortfalls. However, we may at any time notify you, that unless you deposit into your Account(s) such additional Margin to meet our Margin requirements, we may liquidate any or all Open Positions without further notice to you (“Margin Call”). Once issued, you must immediately comply in full with the Margin Call by way of cleared, same day funds regardless of any currency value fluctuations and irrespective of any recovery in the market value of the subject Open Positions. You may not increase or establish any new Open Positions while any Margin Call remains unsatisfied. Notwithstanding the aforementioned, we are not obliged to make any Margin Call to you or within any specific time period.
Margin Call. If at any time the Credit Limit, if a Line, or the outstanding balance, if a Loan, to collateral value ration exceeds 60% for a Line or Loan secured partially or completely by stock, or 65% for a Line or Loan secured only by bonds, the Bank may send the Borrower notice requesting additional collateral. The Bank may determine collateral value using any reasonable method. If the additional collateral is not received within the time given in the notice, the Borrower will be in default and the Bank may terminate the Line or Loan as provided in Section IX.
Margin Call. (a) If, on any Scheduled Trading Day, the Lender determines that the LTV Ratio is greater than eighty per cent. (80%), the Borrower and/or Offshore Guarantor shall promptly, and in any case no later than 5:00 p.m. on the second (2nd) Business Day immediately following the date of a Margin Call Notice from the Lender requiring it to do so, deposit or procure to be deposited into the Margin Cash Account such additional US dollar amounts in cash (the “Margin Cash”) to ensure that the LTV Ratio, after being recalculated by taking into account the effect of the deposit of the Margin Cash (the date on which the deposit of the Margin Cash is completed being the “Margin Top-Up Date”, which shall be a Scheduled Trading Day), is equal to or less than seventy-five per cent. (75%) on the Margin Top-Up Date.
Margin Call. 10.1 If the Margin deteriorates:
Margin Call. 4.1 The Client hereby covenants with KGI Asia that the Client shall at all times maintain (i) the Margin and (ii) the Margin Percentage to such level as determined by KGI Asia to be satisfactory.
