Common use of Margin Lending Clause in Contracts

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.

Appears in 6 contracts

Samples: Client Agreement, Core Terms and Conditions, Client Agreement

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