MARGIN FINANCING FACILITIES Sample Clauses

MARGIN FINANCING FACILITIES. 3.1 The facility limit of the Margin Financing Facilities shall be such amount as advised by KGI Asia to the Client from time to time. 3.2 KGI Asia will only provide Margin Financing Facilities to the Client in order to facilitate acquisitions or holdings of Securities by KGI Asia for the Client and the Client may not withdraw funds under any such facility for any other purpose. 3.3 KGI Asia shall be entitled, at its absolute discretion at any time by notice to the Client, to increase or decrease the facility limit of the Margin Financing Facilities, to cancel or terminate the Margin Financing Facilities, to refuse to make any advance under the Margin Financing Facilities (whether or not its facility limit has been exceeded) or to demand immediate payment of all or any moneys and sums, whether principal, interest or otherwise, then owing in respect of the Margin Financing Facilities or otherwise under this Client Agreement. 3.4 KGI Asia is hereby authorized to draw on the Margin Financing Facilities to settle any amount due to KGI Asia in respect of the Client’s acquisitions or holdings of Securities or payment of any commission or other costs, fees and expenses owing to KGI Asia.
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MARGIN FINANCING FACILITIES. 3.1 The facility limit of the Margin Financing Facilities shall be such amount as advised by KGI Asia to the Client from time to time.
MARGIN FINANCING FACILITIES. 保證金融資貸款 3.1 The facility limit of the Margin Financing Facilities shall be such amount as advised OPSL to the Client from time to time. 保證金融資貸款的限額應為開盤證券不時通知客戶的金額。 3.2 OPSL will only provide Margin Financing Facilities to the Client for the purpose of the acquisition or the continued holding of securities and the Client may not withdraw funds under such facility for any other purpose. 開盤證券只會就取得或繼續持有證券向客戶提供保證金融資貸款,客戶不得為其他目的提取該貸款下之資金。 3.3 OPSL shall be entitled, at its absolute discretion at any time by notice to the Client, to increase or decrease the facility limit of the Margin Financing Facilities, to cancel or terminate the Margin Financing Facilities, to refuse to make any advance under the Margin Financing Facilities (whether or not its facility limit has been exceeded) or to demand immediate payment of all or any moneys and sums, whether principal, interest or otherwise, then owing in respect of the Margin Financing Facilities or otherwise under this Agreement. 開盤證券有權按其絕對酌情權於任何時間通知客戶增加或減少保證金融資貸款的貸款限額、取消或終止保證金融資貸款、拒絕按保證金融資貸款提供任何借貸(不論是否已超過其貸款限額)或要求立即償還本協議項下就保證金融資貸款或其他原因當時欠付開盤證券的所有或任何款項及金額(不論是本金、利息或其他)。 3.4 To facilitate due settlement by the Client, OPSL may in its absolute discretion lend securities to the Client or borrow securities for the Client to settle its sale trades. OPSL may also enter into securities loan arrangements on behalf of the Client or for its benefits, whether in the name of OPSL, its Affiliates or otherwise, upon such terms as OPSL conclusively decides. The Client shall indemnify OPSL and its Affiliates for any margins, guarantees, securities collateral maintenance and expenses as may be required under the securities borrowing and lending arrangements. OPSL does not warrant or guarantee the availability of such short selling facility. 為便於客戶交收,開盤證券可按其絕對酌情權向客戶借出證券或為客戶借入證券以償付其出售交易。開盤證券亦可以開盤證券的名義或其聯屬人的名義或以其他方式,按開盤證券全權決定的條款,代表客戶或為客戶之利益訂 立證券貸款協議。客戶應就證券借入及借出安排可能所需的任何保證金、擔保、證券抵押品的維持及開支彌償開盤證券及其聯屬人。開盤證券並不保證或擔保有該等賣空服務。 3.5 OPSL is hereby authorized to draw on the Margin Financing Facilities to settle any amount due to OPSL in respect of the Client’s purchase of securities or payment of any commission or other costs or expenses owing to OPSL. 開盤證券茲此獲授權提取保證金融資貸款以償付有關客戶購買證券而欠付開盤證券的任何金額,或支付欠付開盤證券的任何佣金或其他費用或開支。
MARGIN FINANCING FACILITIES. The facility limit of the Margin Financing Facilities shall be as determined and advised by the Broker from time to time. The Client’s account shall be a margin account whenever Margin Financing Facilities is granted and applicable to the Client’s account. The Broker is entitled (by notice to the Client) to increase or reduce the facility limit of Margin Financing Facilities or terminate Margin Financing Facilities or refuse to make any advance under the Margin Financing Facilities (regardless of whether there is any remaining facility limit) or to demand immediate payment of all or any moneys and amounts (including but not limited to principal, interests or any other sums) owing by the Client in respect of the Margin Financing Facilities or otherwise. The Broker is authorized by the Client to draw on the Margin Financing Facilities to settle any amount owing to the Broker (including but not limited to money relating to Client’s purchase of securities, payment of any commission, expenses or any other costs). A certificate or statement which may be issued by the Broker (at any and all relevant times) as to the amount due and payable by the Client to the Broker, (under the Margin Financing Facilities or otherwise under the Agreement) shall be conclusive and binding on the Client, in the absence of manifest error.
MARGIN FINANCING FACILITIES. 保證金融資貸款 3.1 The facility limit of the Margin Financing Facilities shall be such amount as advised TCCS to the Client from time to time. 保證金融資貸款的限額應為天宸康合不時通知客戶的金額。 3.2 TCCS will only provide Margin Financing Facilities to the Client for the purpose of the acquisition or the continued holding of securities and the Client may not withdraw funds under such facility for any other purpose. 天宸康合只會就取得或繼續持有證券向客戶提供保證金融資貸款,客戶不得為其他目的提取該貸款下之資金。 3.3 TCCS shall be entitled, at its absolute discretion at any time by notice to the Client, to increase or decrease the facility limit of the Margin Financing Facilities, to cancel or terminate the Margin Financing Facilities, to refuse to make any advance under the Margin Financing Facilities (whether or not its facility limit has been exceeded) or to demand immediate payment of all or any moneys and sums, whether principal, interest or otherwise, then owing in respect of the Margin Financing Facilities or otherwise under this Agreement. 天宸康合有權按其絕對酌情權於任何時間通知客戶增加或減少保證金融資貸款的貸款限額、取消或終止保證金融資貸款、拒絕按保證金融資貸款提供任何借貸(不論是否已超過其貸款限額)或要求立即償還本協議項下就保證金融資貸款或其他原因當時欠付天宸康合的所有或任何款項及金額(不論是本金、利息或其他)。 3.4 To facilitate due settlement by the Client, TCCS may in its absolute discretion lend securities to the Client or borrow securities for the Client to settle its sale trades. TCCS may also enter into securities loan arrangements on behalf of the Client or for its benefits, whether in the name of TCCS, its Affiliates or otherwise, upon such terms as TCCS conclusively decides. The Client shall indemnify TCCS and its Affiliates for any margins, guarantees, securities collateral maintenance and expenses as may be required under the securities borrowing and lending arrangements. TCCS does not warrant or guarantee the availability of such short selling facility. 為便於客戶交收,天宸康合可按其絕對酌情權向客戶借出證券或為客戶借入證券以償付其出售交易。天宸康合亦可以天宸康合的名義或其聯屬人的名義或以其他方式,按天宸康合全權決定的條款,代表客戶或為客戶之利益訂 立證券貸款協議。客戶應就證券借入及借出安排可能所需的任何保證金、擔保、證券抵押品的維持及開支彌償天宸康合及其聯屬人。天宸康合並不保證或擔保有該等賣空服務。 3.5 TCCS is hereby authorized to draw on the Margin Financing Facilities to settle any amount due to TCCS in respect of the Client’s purchase of securities or payment of any commission or other costs or expenses owing to TCCS. 天宸康合茲此獲授權提取保證金融資貸款以償付有關客戶購買證券而欠付天宸康合的任何金額,或支付欠付天宸康合的任何佣金或其他費用或開支。

Related to MARGIN FINANCING FACILITIES

  • Refinancing Facilities (a) On one or more occasions after the Effective Date, the Borrower may obtain, from any Lender or any other bank, financial institution or other institutional lender or investor that agrees to provide any portion of Refinancing Term Loans pursuant to a Refinancing Amendment in accordance with this Section 2.22 (each, an “Additional Refinancing Lender”) (provided that the Administrative Agent shall have consented (such consent not to be unreasonably withheld, conditioned or delayed) to such Lender’s or Additional Refinancing Lender’s making such Refinancing Term Loans to the extent such consent, if any, would be required under Section 9.04(b) for, and to the extent that such Additional Refinancing Lender is a Purchasing Borrower Party or an Affiliated Lender, the requirements of Section 9.04(g) and 9.04(f), respectively, shall be satisfied as if such Refinancing Term Loan were, an assignment of Term Loans to such Lender or Additional Refinancing Lender), Credit Agreement Refinancing Indebtedness in respect of all or any portion of Term Loans then outstanding under this Agreement, in the form of Refinancing Term Loans or Refinancing Term Commitments pursuant to a Refinancing Amendment; provided that no Lender is obligated hereunder to provide such Credit Agreement Refinancing Indebtedness. (b) The effectiveness of any Refinancing Amendment shall be subject to the satisfaction on the date thereof of each of the conditions set forth in Section 4.02 and, to the extent reasonably requested by the Administrative Agent, receipt by the Administrative Agent of (i) customary legal opinions, board resolutions and officers’ certificates consistent with those delivered on the Effective Date other than changes to such legal opinion resulting from a change in law, change in fact or change to counsel’s form of opinion reasonably satisfactory to the Administrative Agent and (ii) reaffirmation agreements and/or such amendments to the Security Documents as may be reasonably requested by the Administrative Agent in order to ensure that such Credit Agreement Refinancing Indebtedness is provided with the benefit of the applicable Loan Documents. (c) Each issuance of Credit Agreement Refinancing Indebtedness under Section 2.22(a) shall be in an aggregate principal amount that is (x) not less than $50,000,000 and (y) an integral multiple of $10,000,000 in excess thereof. (d) Each of the parties hereto hereby agrees that this Agreement and the other Loan Documents may be amended pursuant to a Refinancing Amendment, without the consent of any other Lenders, to the extent (but only to the extent) necessary to (i) reflect the existence and terms of the Credit Agreement Refinancing Indebtedness incurred pursuant thereto and (ii) effect such other amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the reasonable opinion of the Administrative Agent and the Borrower, to effect the provisions of this Section 2.22, including any amendments necessary to treat the applicable Loans and/or Commitments established under the Refinancing Amendment as a new Class of Loans and/or Commitments hereunder, and the Lenders hereby expressly authorize the Administrative Agent to enter into any such Refinancing Amendment. (e) This Section 2.22 shall supersede any provisions in Section 2.17 or Section 9.02 to the contrary solely to the extent provided in this Section 2.22.

  • Bank Financing The Buyer’s ability to purchase the Property is contingent upon the Buyer’s ability to obtain financing under the following conditions: (check one) ☐ - Conventional Loan ☐ - FHA Loan (Attach Required Addendums) ☐ - VA Loan (Attach Required Addendums) ☐ - Other:

  • Banking Facilities Schedule 3.25 sets forth a complete and correct list of: (a) each bank, savings and loan or similar financial institution in which the Company or any of its Subsidiaries has an account or safety deposit box and the numbers of such accounts or safety deposit boxes maintained thereat; and (b) the names of all persons authorized to draw on each such account or to have access to any such safety deposit box, together with a description of the authority (and conditions thereto, if any) of each person with respect thereto.

  • Existing Facilities Each of the Existing Facilities shall be repaid in full and terminated and all collateral security therefor shall be released, and the Administrative Agent shall have received pay-off letters in form and substance satisfactory to it evidencing such repayment, termination and release.

  • Credit Facilities Custodian may, in accordance with its commercial lending practices, enter into a credit facility with Principal for use with the operation of the Account. Such credit facility will be agreed to under separate agreement and subject to the terms and conditions, therein. Principal acknowledges that any such credit facility is subject to the lien provisions of Paragraph 9.2 of this Agreement.

  • The Credit Facilities Section 2.1 The Revolving Credit Facility.

  • Additional Debt Facilities To the extent, but only to the extent, permitted by the provisions of the Senior Debt Documents and the Second Priority Debt Documents, the Company may incur or issue and sell one or more series or classes of Second Priority Debt and one or more series or classes of Additional Senior Debt. Any such additional class or series of Second Priority Debt (the “Second Priority Class Debt”) may be secured by a second priority, subordinated Lien on Shared Collateral, in each case under and pursuant to the relevant Second Priority Collateral Documents for such Second Priority Class Debt, if and subject to the condition that the Representative of any such Second Priority Class Debt (each, a “Second Priority Class Debt Representative”), acting on behalf of the holders of such Second Priority Class Debt (such Representative and holders in respect of any Second Priority Class Debt being referred to as the “Second Priority Class Debt Parties”), becomes a party to this Agreement by satisfying conditions (i) through (vi), as applicable, of the immediately succeeding paragraph. Any such additional class or series of Senior Facilities (the “Senior Class Debt”; and the Senior Class Debt and Second Priority Class Debt, collectively, the “Class Debt”) may be secured by a senior Lien on Shared Collateral, in each case under and pursuant to the Senior Collateral Documents, if and subject to the condition that the Representative of any such Senior Class Debt (each, a “Senior Class Debt Representative”; and the Senior Class Debt Representatives and Second Priority Class Debt Representatives, collectively, the “Class Debt Representatives”), acting on behalf of the holders of such Senior Class Debt (such Representative and holders in respect of any such Senior Class Debt being referred to as the “Senior Class Debt Parties; and the Senior Class Debt Parties and Second Priority Class Debt Parties, collectively, the “Class Debt Parties”), becomes a party to this Agreement by satisfying the conditions set forth in clauses (i) through (vi), as applicable, of the immediately succeeding paragraph. In order for a Class Debt Representative to become a party to this Agreement: (i) such Class Debt Representative shall have executed and delivered a Joinder Agreement substantially in the form of Annex III (if such Representative is a Second Priority Class Debt Representative) or Annex IV (if such Representative is a Senior Class Debt Representative) (with such changes as may be reasonably approved by the Designated Senior Representative and such Class Debt Representative) pursuant to which it becomes a Representative hereunder, and the Class Debt in respect of which such Class Debt Representative is the Representative and the related Class Debt Parties become subject hereto and bound hereby; (ii) the Company shall have delivered to the Designated Senior Representative an Officer’s Certificate stating that the conditions set forth in this Section 8.09 are satisfied with respect to such Class Debt and, if requested, true and complete copies of each of the Second Priority Debt Documents or Senior Debt Documents, as applicable, relating to such Class Debt, certified as being true and correct by a Responsible Officer of the Company; and (iii) the Second Priority Debt Documents or Senior Debt Documents, as applicable, relating to such Class Debt shall provide that each Class Debt Party with respect to such Class Debt will be subject to and bound by the provisions of this Agreement in its capacity as a holder of such Class Debt.

  • Trading Facilities Most open-outcry and electronic trading facilities are supported by computer-based component systems for the order-routing, execution, matching, registration or clearing of trades. As with all facilities and systems, they are vulnerable to temporary disruption or failure. Your ability to recover certain losses may be subject to limits on liability imposed by the system provider, the market, the clearing house and/or member firms. Such limits may vary; you should ask the firm with which you deal for details in this respect.

  • Project Financing DZS poskytne příspěvek na financování nákladů na projekt, přičemž maximální výše grantu činí XXXXXXX CZK (XXXXXXX EUR). Grant určený na realizaci projektu pokrývá 100 % způsobilých výdajů. Bližší specifikace rozpočtu a jeho členění jsou ukotveny v Příloze I.

  • Financing Commitments Parent has delivered to the Company a true and complete copy as of the date hereof of the executed financing commitment letter, dated September 9, 2015, by and among Parent and Xxxxxx Xxxxxxx Senior Funding, Inc. and the other financial institutions party thereto from time to time, including all exhibits, schedules, annexes and amendments to such letter in effect on the date hereof (the “Commitment Letter”) and a true and correct copy of any related fee letter (collectively, the “Ancillary Letters”) (provided that percentages and amount of (i) the fees, (ii) the economic provisions of the market flex, (iii) the fee-related provisions of the alternate transaction provisions and (iv) the successful syndication definition in the Ancillary Letters may be redacted). The Commitment Letter is in full force and effect as of the date of this Agreement, and the commitments contained in the Commitment Letter have not been withdrawn, modified, rescinded or terminated or otherwise amended, supplemented or modified in any respect prior to the date of this Agreement. The Commitment Letter, in the form so delivered, is a legal, valid and binding obligation of Parent and, to the knowledge of Parent, the other parties thereto (subject to applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other laws affecting creditors’ rights generally and general principles of equity whether considered in a proceeding in equity or at law). Assuming the Financing is received as contemplated by the Commitment Letter, the aggregate amount of net proceeds from the Financing, together with cash, cash equivalents and current financial assets of Parent and its Subsidiaries on hand, will be, as of the Closing Date, sufficient to satisfy all of the Parent’s obligations under this Agreement, including the payment of any Subject Indebtedness required to be repaid, redeemed, retired, cancelled, terminated or otherwise satisfied or discharged in connection with the Offer or the Merger and all other costs and expenses required to be paid or satisfied by Parent in connection with the transactions contemplated by this Agreement. There are no side letters or other agreements, contracts or arrangements relating to the Financing contemplated by the Commitment Letter other than the Ancillary Letters and customary engagement letters, which engagement letters do not contain any condition to the availability or timing of the Financing contemplated by the Commitment Letter. As of the date of this Agreement, (A) no event has occurred that, with or without notice, lapse of time or both, would constitute a default or breach by the Parent and (B) subject to the satisfaction of the conditions contained in Section 5.1 and Annex A hereof, Parent does not have any reason to believe that the Financing contemplated by the Commitment Letter will not be available to Parent or Merger Sub at the Closing. Parent has fully paid all commitment fees or other fees, if any, required by the Commitment Letter to be paid prior to the date of this Agreement. There are no conditions precedent or other contingencies related to the funding of the full amount of the Financing, other than as expressly set forth in the Commitment Letter.

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