Margin Facility Sample Clauses

Margin Facility. 2.1 The Margin Facility is extended by the Broker to the Client for financing the trading of securities in Margin Account on the Additional Terms for Margin Accounts and any other terms and conditions which may be indicated by the Broker to the Client from time to time. 2.2 The Broker is authorized by the Client to draw on the Margin Facility to settle any amounts due to the Broker in respect of purchase of securities and to finance continued holding of securities, the payment of commission, interest and any other expenses incidental to the operation of the Margin Account and any other sums owing to the Broker and the Broker Group Companies. The Margin Facility is repayable on demand and the Broker may, in its absolute discretion, vary the terms in this Clause 2 or terminate the Margin Facility at any time it thinks fit. The Broker is not obliged in any way to provide financial accommodation to the Client. For the avoidance of doubt, if a debit balance arises in any Margin Account, the Broker shall not be, nor shall the Broker be deemed to be, obliged to make available or continue to make available any financial accommodation. In particular, but without limitation, the fact that the Broker permits a debit balance to arise in any Margin Account so debited shall not imply any obligation on the part of the Broker to advance monies or incur any obligation on the Client's behalf on any subsequent occasion, but without prejudice to the obligations of the Client in respect of any debit balance which the Broker does permit to arise. 2.3 The Client shall provide and maintain adequate Collateral and provide such additional Collateral in the manner and within the time limit specified by the Broker for the compliance with the margin requirements set by the Broker. The Broker in its absolute discretion determines the amount, type and form, manner of delivery, calculation basis of permissible value and timing of the delivery of the required Collateral. The Broker may change the margin requirements at any time in its absolute discretion without prior notice to the Client. Any failure of the Client in providing the required Collateral in Clauses 2.3 or 2.4 or 2.5, constitutes an Event of Default and the Broker is entitled to dispose of any of the Collateral without prior notice to the Client. 2.4 The time for provision of Collateral and for payment of margin deposit is of the essence and if no time is stipulated by the Broker in making a demand for Collateral or margin de...

Margin Facility. 2.1 The Account is capable of conducting margin trading and WLSL agrees to grant credit facilities (“Facility”) to the Client at the Client’s request for Transactions under the Account in accordance with the provisions set out in this Agreement, any facility letter from WLSL to the Client and such other agreement, document terms and conditions as may be specified by WLSL from time to time (collectively called “Margin Facility Terms”). 2.2 WLSL may grant the Client Facility of such amount up to a limited percentage as may be notified to the Client from time to time (“Margin Ratio”) of the mark-to-market value of the Collateral. The Client shall from time to time upon XXXX’s request promptly and duly execute and deliver any and all such further instruments and documents as WLSL may deem necessary or desirable for the purpose of obtaining the full benefit of the Margin Facility Terms and of the rights and powers granted under the same. 2.3 WLSL is instructed and authorised by the Client to draw on the Facility to settle any amounts due to WLSL or its Associates in respect of the Client’s purchase of Securities, margin maintenance obligations for any options positions required by WLSL or its Associates, or payment of any commission or other costs and expenses owing to WLSL or its Associates. 2.4 WLSL will not at any time be obliged to provide any Facility to the Client. In particular, the Client understands that WLSL may not provide any Facility to the Client if any of the following circumstances should arise:- (a) if the Client is in default of any provisions of this Agreement; or (b) in the opinion of WLSL there is or has been a material adverse change in the Client’s financial condition or in the financial condition of any person which might adversely affect the Client’s ability to discharge the Client’s liabilities or perform the Client’s obligations under this Agreement; or (c) making an advance would cause the applicable Margin Ratio to be exceeded; or (d) WLSL in its absolute discretion considers it prudent or desirable for its protection not to do so. 2.5 For so long as there exists any indebtedness to WLSL on the Client’s part, WLSL shall be entitled at any time and from time to time to refuse any withdrawal of any or all of the Collateral and the Client shall not without the prior written consent of WLSL be entitled to withdraw any Collaterals in part or in whole from the Client’s Account. 2.6 The Client shall on demand from WLSL make payments of dep...

Margin Facility. 2.1 The Facility is extended to the Customer in accordance with the provisions set out in this Margin Client Agreement, any fees and charges sheet from the Company to the Customer and in the Securities Client Agreement (collectively called “Margin Facility Terms”). The Customer agrees to use the Facility only in connection with the acquisition or holding of Securities by the Company for the Customer. 2.2 Subject to Clause 2.4 below, the Company may grant the Customer Facility of such amount up to the Credit Limit as may be notified to the Customer from time to time. The Credit Limit available to the Customer and the Margin Ratio may be varied by notice by the Company from time to time. Notwithstanding the credit limit as notified to the Client, the Company may at its discretion extend Facility to the Customer in excess of the Credit Limit and the Customer agrees that the Customer shall be liable to repay the full amount of any Facility given by the Company in accordance with Clause 6.1. 2.3 The Company is instructed and authorized by the Customer to draw on the Facility to settle any amounts due to the Company or its Associates in respect of the Customer’s purchase of Securities, margin maintenance obligations for any positions required by the Company or its Associates, or payment of any commission or other costs and expenses owing to the Company or its Associates. 2.4 The Company will not at any time be obliged to provide any Facility to the Customer. In particular, the Customer understands that the Company may not provide any Facility to the Customer if any of the following circumstances should arise: (i) the Customer is in default of any provisions of the Agreement; or (ii) in the opinion of the Company there is or has been a material adverse change in the Customer's financial condition or in the financial condition of any person which might adversely affect the Customer's ability to discharge the Customer's liabilities or perform the Customer's obligations under the Agreement; or (iii) making an advance would cause the applicable Credit Limit to be exceeded; or (iv) the Company in its absolute discretion considers it prudent or desirable for its protection not to do so. 2.5 For so long as there exists any indebtedness to the Company on the Customer's part, the Company shall be entitled at any time and from time to time to refuse any withdrawal of any or all of the Collateral and the Customer shall not without the prior written consent of the Company be...

Margin Facility. 2.1 The Margin Facility is granted to the Client in accordance with the provisions set out in this Agreement, the Client Agreement for Securities Trading and any margin offer letter from GTJAS to the Client (collectively referred as “Margin Facility Terms”). The Client agrees to use the Margin Facility only in connection with the acquisition or holding of Securities. 2.2 Subject to Clause 2.4 below, GTJAS may grant the Client a Margin Facility of such amount up to the Margin Limit as may be notified to the Client from time to time. The Margin Limit available to the Client and the Margin Ratio may be varied at the discretion of GTJAS without any prior notice to the Client. Notwithstanding the Margin Limit as notified to the Client, GTJAS may at its discretion (1) extend the Margin Facility to the Client in excess of the Margin Limit and the Client agrees that the Client shall be liable to repay the full amount of any Margin Facility given by GTJAS on demand, or (2) refuse to make available to the Client any advance under the Margin Facility at any time even if the Margin Limit applicable at that time has not been exceeded. 2.3 GTJAS is authorised by the Client to draw on the Margin Facility to settle any amounts due to GTJAS in respect of the Client’s purchase of Securities, margin maintenance obligations for any positions required by GTJAS or payment of any commission or other costs and expenses owing to GTJAS including costs and any expenses that may be incurred in connection with the realisation of any Collateral. 2.4 GTJAS will not at any time be obliged to provide any Margin Facility to the Client. In particular, the Client understands that GTJAS will be under no obligation to provide or continue to provide any Margin Facility if any of the following circumstances arises:- (a) the Client is in default of any provision of the Margin Facility Terms, including, without limitation, any Event of Default shall have occurred and is continuing; or (b) in the opinion of GTJAS there is or has been a material adverse change in the Client’s financial condition or in the financial condition of any person which might adversely affect Client’s ability to discharge his liabilities or perform his obligations under the Margin Facility Terms; or (c) making an advance would cause the applicable Margin Limit to be exceeded; or (d) GTJAS in its absolute discretion considers it prudent or desirable for its protection not to do so. 2.5 For so long as there exists any indebted...

Margin Facility. 2.1 The Margin Facility is granted to the Client in accordance with the provisions set out in this Agreement, the Client Agreement (Securities Trading Account) and any margin offer letter from NECHK to the Client (collectively referred as “Margin Facility Terms”). The Client agrees to use the Margin Facility only in connection with the acquisition or holding of securities by NECHK for the Client. 2.2 Subject to Clause 2.4 below, NECHK may grant the Client a Margin Facility of such amount up to the Margin Limit as may be notified to the Client from time to time. The Margin Limit available to the Client and the Margin Ratio may be varied at discretion of NECHK without notice to the Client. Notwithstanding the Margin Limit as notified to the Client, NECHK may at its discretion extend the Margin Facility to the Client in excess of the Margin Limit and the Client agrees that the Client shall be liable to repay the full amount of any Margin Facility given by NECHK on demand. 2.3 NECHK is authorized by the Client to draw on the Margin Facility to settle any amounts due to NECHK in respect of the Client’s purchase of securities, margin maintenance obligations for any positions required by NECHK or payment of any commission or other costs and expenses owing to NECHK including costs and any expenses that may be incurred in connection with the realisation of any Collateral. 2.4 NECHK will not at any time be obliged to provide any Margin Facility to the Client. In particular, the Client understands that NECHK will be under no obligation to provide or continue to provide any Margin Facility if any of the following circumstances arises:- (a) The Client is default of any provision of the Margin Facility Terms; or (b) In the opinion of NECHK, there is or has been a material adverse change in the Client’s financial condition or in the financial condition of any person which might adversely affect the Client’s ability to discharge his/her liabilities or perform his/her obligations under the Margin Facility Terms; or (c) Making an advance would cause the applicable Margin Limit to be exceeded; or (d) NECHK in its absolute discretion considers it prudent or desirable for its protection not to do so. 2.5 For so long as there exists any indebtedness to NECHK on the part of the Client, NECHK shall be entitled at any time and from time to time to refuse any withdrawal of any or all of the Collateral and the Client shall not without the prior written consent of NECHK be entitled t...

Margin Facility. The Facility is extended to the Client in accordance with the provisions set out in this Schedule, any fee and charges advised from CIF to the Client and in the Securities Trading Account (collectively known as “Margin Facility Terms”). The Client agrees to use the Facility in connection with the acquisition or holding of Securities by CIF for the Client.

Margin Facility. 2.1 The Facility is extended to the Client in accordance with the provisions set out in this Schedule, any fee and charges advised from EISHK to the Client and in the Agreement for Securities Trading Account (collectively known as “Margin Facility Terms”). The Client agrees to use the Facility in connection with the acquisition or holding of Securities by EISHK for the Client. 2.2 Subject to Clause 2.4 below, EISHK may grant the Client Facility of such amount up to the Credit Limit as may be notified to the Client from time to time. The Credit Limit available to the Client and the Margin Ratio may be varied by notice by XXXXX from time to time. Notwithstanding the Credit Limit as notified to the Client, EISHK may at its discretion extend Facility to the Client in excess of the Credit Limit and the Client agrees that the Client shall be liable to repay the full amount of any Facility given by EISHK in accordance with Clause 6.1 in this Schedule.

Margin Facility. 2.1 The Margin Facility is extended by Delta Asia to you for financing the trading of securities (other than Exchange Traded Options) in Margin Account on the Additional Terms for Margin Accounts and any other terms and conditions which may be indicated by Delta Asia to you from time to time. 2.2 Delta Asia is authorized by you to draw on the Margin Facility to settle any amounts due to Delta Asia in respect of purchase of securities and to finance continued holding of securities, the payment of commission, interest and any other expenses incidental to the operation of the Margin Account and any other sums owing to Delta Asia. The Margin Facility is repayable on demand and Delta Asia may, in its absolute discretion, vary the terms in this Clause 2 or terminate the Margin Facility at any time it thinks fit. Delta Asia is not obliged in any way to provide financial accommodation to you. 2.3 You shall provide and maintain adequate Collateral and provide such additional Collateral in the manner and within the time limit specified by Delta Asia for the compliance with the margin requirements set by Delta Asia. Delta Asia in its absolute discretion determines the amount, type and form, manner of delivery, calculation basis of permissible value and timing of the delivery of the required Collateral. Delta Asia may change the margin requirements at any time in its absolute discretion without prior notice to you. Any failure of you in providing the required Collateral in Clause 2.5, constitutes an Event of Default and Delta Asia is entitled to dispose of any of the Collateral without prior notice to you. 2.4 The time for provision of Collateral and for payment of margin deposit is of essential and if no time is stipulated by Delta Asia in making a demand for Collateral or margin deposit, you are required to comply with such demand within two hours from the time of making such demand (or in a shorter period if so required by Delta Asia). You also agree to pay immediately in full on demand any amount owing under the Margin Facility. All initial and subsequent payments for margin deposits shall be made in cleared funds and in such currency and in such amounts as Delta Asia may in its sole direction require. 2.5 Notwithstanding Clauses 2.3 and 2.4, in the event that it is in the sole opinion of Delta Asia that it is impracticable for Delta Asia to make demand on you for additional Collateral pursuant to Clause 2.3, Delta Asia shall be deemed to have made such demand of ...

Margin Facility. DBS Xxxxxxx shall have the right to reduce, cancel or vary and from time to time review a Margin Facility and nothing in this Agreement shall be deemed to impose on DBS Xxxxxxx any obligation at law or in equity to make or continue to make available to the Customer a Margin Facility.

Margin Facility. 2.1 Subject to the terms and conditions of this Agreement, the Company hereby agrees at the request of the Client to make available to the Client a revolving credit facility of up to the maximum aggregate limit set out in Annexure 1 hereto or such other amount as the Company may at its absolute discretion permit from time to time. 2.2 The Company shall have the right to reduce, cancel or vary and from time to time review the Margin Facility and nothing in this Agreement shall be deemed to impose on the Company any obligation at law or in equity to make or continue to make available to the Client the Margin Facility. 2.3 The Company shall notify the Client of any changes to the maximum aggregate limit and the latest notified maximum aggregate limit shall be deemed to be the agreed upon revolving credit facility set out in Annexure 1.