Common use of Margin Interest Clause in Contracts

Margin Interest. Under certain circumstances, margin interest and an overdraft fee may be charged in a securities account for an extension of credit that may not be directly related to your purchases of securities on margin. Examples of such exten- sions of credit include, but are not limited to, prepayments on securities sold and late payments in cash accounts and credit extensions resulting from Check writing and use of your Card.

Margin Interest. Under certain circumstances, margin interest and an overdraft fee may be charged in a securities account for an extension exten- sion of credit that which may not be directly related to your purchases of securities se- curities on margin. Examples of such exten- sions extensions of credit include, but are not limited to, prepayments on securities sold and late payments pay- ments in cash accounts and credit extensions resulting from Check writing Writing and use of your CardDebit MasterCard®.