Margin Lending. 15.1 Where you have a Margin Loan Account, you acknowledge that you (and not the Margin Lender) will be liable to us or the Broker for all settlement obligations, including any oversold positions.
15.2 Your liability in clause 15.1 arises irrespective of whether your Xxxxxx Xxxxxx is able to deliver or advance sufficient cleared funds or securities to satisfy your obligations.
Margin Lending. 8.1 Where you enter into a Margin Lending Agreement, notwithstanding any other terms of the JBWere Multi-Asset Platform Agreement, you authorise and direct us to procure the Custodian to:
a. create a Margin Loan Account in respect of your assets that are to be held subject to a security interest under the terms of the Margin Lending Agreement and to permit a security interest to be granted over your assets held from time to time in the Margin Loan Account;
b. subject to obtaining any necessary prior approvals from the Margin Lender, draw loan funds under the Margin Lending Agreement, to:
i. acquire assets to be held on your behalf in your Margin Loan Account in accordance with instructions from you or your Authorised Person; or
ii. pay any Amount Owing (which may be paid to us via your Cash Account);
c. act on any instructions given by you or your Authorised Person or to act in accordance with the terms of the JBWere Multi-Asset Platform Agreement (including after receipt of a notice of termination under the Margin Lending Agreement) to deal in the secured assets (for the purposes of this clause 8, whether by way of sale, transfer or other disposal) in your Margin Loan Account or in relation to your Cash Account only with the prior approval of the Margin Lender;
d. act on instructions from the Margin Lender (notwithstanding any contrary, or the absence of any, instructions from you or your Authorised Person or contrary terms under the JBWere Multi-Asset Platform Agreement), to:
i. deal in the secured assets in your Margin Loan Account;
ii. request redemption of units or debit of funds, as the case may be, from your Cash Account (including for the purpose of reducing your loan balance at any time); and
iii. pay to the Margin Lender or otherwise at the Margin Lender’s direction:
A. the proceeds of any dealing in secured assets or any request for redemption of units or debit of funds your Cash Account (including if any such dealing occurs on the instructions of you or your Authorised Person); and
B. any dividends, distributions, income or other amounts payable to you in respect of secured assets; and
e. take all steps necessary to permit the Margin Lender to electronically debit from your Cash Account, any amounts it is entitled to under the terms of the Margin Lending Agreement.
8.2 You acknowledge and agree that where you have entered into a Margin Lending Agreement, to the maximum extent permitted by law, neither we nor our employees or agents are:
a. liab...
Margin Lending. Transactions subject to loan or other debt finance for any Assets shall not be allowed on the Platform.
Margin Lending. Members of the Company's key management personnel (including Directors) or a closely related party of such a member must not enter into any margin lending or other secured financing arrangements in relation to the Company's securities without first notifying the Board.
Margin Lending. (a) The Company is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying "margin stock" (within the meaning of Regulation U and Regulation X of the Board of Governors of the Federal Reserve System (or any successor)), and the aggregate market value of all "margin stock" owned by the Company does not exceed 25% of the aggregate value of the assets thereof, as determined by the board of directors of the Company (and certified by a senior financial officer of the Company to the Lender) on each Utilisation Date.
(b) None of this Agreement, the extension of credit contemplated hereby or the use of the proceeds thereof will violate or be inconsistent with the provisions of Regulation U or Regulation X of the Board of Governors of the Federal Reserve System (or any successor), in each case as in effect now or as the same may hereafter be in effect.
Margin Lending. Directors and Key Management Personnel may only enter into a margin lending arrangement if they have complied with this policy (in particular, with regard to restrictions on transactions in products which operate to limit the economic risk of holding Traffic Technologies securities). Subject to the above and subject to the xxxxxxx xxxxxxx provision of the Corporations Act (refer Section 1), it is not a breach of this policy if a Director or a member of the Key Management Personnel has entered into a margin lending arrangement in respect of Traffic Technologies securities and a disposal of such securities occurs as a result of a secured lender exercising its rights under that arrangement.
Margin Lending. Transactions subject to loan or other debt finance for any Assets shall not be allowed on the HAYVN Trading Ecosystem.
Margin Lending. At Customer’s request and subject to such requirements and conditions as the Bank may deem appropriate in its sole discretion, the Bank may, but shall not be obligated to, extend credit to Customer secured by Customer’s pledge to the Bank of a security interest in the Investment Account and/or particular Holdings. Any such extension of credit shall be subject to applicable laws and regulations and the terms of such additional documentation as may be executed by Customer to govern the extension of credit.
Margin Lending a Peer to Peer lending service, allowing users to borrow/lend VFAs to one another and earn interest.
