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.
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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.
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Related to MARGIN FINANCING FACILITIES

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