Margin Interest. Client agrees to pay interest on a daily basis on the amount of the Facility extended to the Client. The interest rate shall be at a rate equivalent to 3% above the prime rate as HSBC's Current Hong Kong Dollar Best Lending Rate. Such interest charges may be deducted by CIF from the Margin Account or any other account of the Client with CIF or its Associates.
Appears in 5 contracts
Samples: Securities and Futures Client Agreement, Securities and Futures Client Agreement, Securities and Futures Client Agreement
