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.
Appears in 5 contracts
Samples: Securities and Futures Client Agreement, Securities and Futures Client Agreement, Securities and Futures Client Agreement
