Margin Payments. The Client agrees to pay to the Broker Member from time to time on demand by way of margin such sums and in such form as the Broker Member may in its discretion reasonably require. Such margin requirements established by the Broker Member may exceed the margin required of the Broker Member by the DGCX or DCCC or the Clearing Member.
Margin Payments.
19.1 We may enter into transactions in options, or contracts for difference which will, or may, result in you having to provide margin payments, being a deposit of cash to cover any unrealized losses which have occurred or may occur in relation to your investments.
19.2 Payments may be required both on entering into a Transaction and on a daily basis throughout the life of the Transaction if the value of the Transaction moves against you. The movement in the market price of your investment will affect the amount of margin payment you will be required to make.
19.3 To enter into a leveraged Transaction you may need to deposit money with us as Margin. Margin is typically a relatively small proportion of the overall contract value. For example, a contract trading on leverage of 100:1 will require Margin of just 1% of the contract value. This means that a small price movement in the underlying will result in large movement in the value of your trade – this can work in your favour, or result in substantial losses.
19.4 Any requirement for Margin must be satisfied in such currency and within such time as may be specified by us (in our absolute discretion) or, if none is specified, immediately. One Margin demand does not preclude another. It is your responsibility to monitor your trading account and you should not rely on our right to call you for margin as a means of monitoring your account. Margin calls are made as a matter of courtesy and we are not obliged to make margin calls to clients.
19.5 You may lose your initial deposit and be required to deposit additional Margin in order to maintain your position. If you fail to meet any Margin requirement your position will be liquidated and you will be responsible for any resulting losses.
19.6 Margin may be provided in the form of cash or other assets acceptable to us at our discretion.
19.7 If you fail to provide Margin when required to do so we (or any applicable exchange, clearing house or counterparty) we may close out your positions and exercise the rights described in clause 10 above. Failure to provide Margin may lead to us closing out any or all of your trading positions. We will have the right to do this at any time when you fail to provide Margin. We will additionally have the right to close out your positions in any other circumstances provided in these Terms.
Margin Payments. 21.1 We may enter into transactions in options, futures or contracts for difference which will, or may, result in you having to provide margin payments, being a deposit of cash to cover any unrealised losses which have occurred or may occur in relation to your investments.
Margin Payments. (a) GCE shall be entitled to receive payments from ExxonMobil, on a tiered basis in accordance with Schedule 4.2, based on the Margin realized by ExxonMobil’s downstream sales of Renewable Diesel purchased from GCE under this Agreement. ExxonMobil agrees to act in good faith […***…].
(b) For purposes of this Agreement, “Margin” is equal to:
(i) […***…]; MINUS
(ii) […***…]; MINUS
(iii) […***…]. The Margin shall be calculated […***…] in accordance with Schedule 4.2, and ExxonMobil shall provide notice (the “Margin Notice”) to GCE of the result of such calculation and the resulting payment owed pursuant to this Section 4.2 (each, a “Margin Payment”) within ten (10) Business Days of making such calculation. For purposes of this Section, the Parties agree that, during the Initial Term, […***…] and that any changes to such amount shall require mutual agreement.
(c) […***…]
(d) […***…]
(e) In order for GCE to make economic decisions on the quantities of Product to be made available in the Monthly Operating Volumes in accordance with Section 3.1(a), the Parties agree to establish a quarterly process whereby they will meet and discuss, subject to the provisions of Article 14 and applicable confidentiality restrictions, domestic and international market fundamentals, including but not limited to prices and new markets for Renewable Diesel, expected during the following quarter and potential, future marketing opportunities for Renewable Diesel from the Project. ExxonMobil agrees to consider in good faith marketing opportunities in jurisdictions other than California for Renewable Diesel produced at the Project that are identified by GCE. EXXONMOBIL MAKES NO WARRANTIES OF ANY KIND WHATSOEVER, EITHER EXPRESS OR IMPLIED, WITH RESPECT TO, AND SHALL HAVE NO LIABILITY IN CONNECTION WITH, THE ACCURACY OR COMPLETENESS OF FORWARD-LOOKING INFORMATION (INCLUDING ANTICIPATED SALES PRICES) PROVIDED TO GCE HEREUNDER.
(f) Both Parties agree alternative markets may exist to sell the Products outside of California, which may have colder climates and require different cold temperature properties. Based on the mutual agreement of both Parties (in each Party’s respective sole discretion), Renewable Diesel may be produced with cold temperature properties for specific markets, based on the technology and capability of the Project, and Product prices may be adjusted on the mutual agreement of both Parties (in each Party’s respective sole discretion), due to the lower yield from the Project...
Margin Payments. 1We may enter into transactions in options, or contracts for difference which will, or may, result in you having to provide margin payments, being a deposit of cash to cover any unrealized losses which have occurred or may occur in relation to your investments. Subject to our standard terms and conditions and the acceptance of your application to open an account with us, will provide you with execution-only dealing services in relation to contracts in Foreign Exchange (FX) and Contracts for Difference (CFDs) where the underlying investments or products include foreign exchange contracts, metals, equity indices and commodities. The orders for executions of transaction are strictly based on STP “Straight through Processing” by which all margins provided are the ones directly from the liquidity provider.
Margin Payments. 5.1 The IB shall be responsible for contacting each Account and using its best efforts to: (i) obtain for PFD its initial and variation margin requirements from the Customer, payable directly to PFD , and (ii) cause such margins to be delivered to PFD , all in accordance with Applicable Law, including PFD's written delivery instructions.
5.2 The IB will keep PFD fully informed as to any problems or difficulties of which it is aware in the collection of margin. Nothing herein shall constitute a waiver by PFD and of its right to take steps to liquidate any Account for which a margin call is outstanding.
5.3 The IB acknowledges that PFD may in its sole business judgment and at any time: (i) set higher requirements for any and all Customer margins than those prescribed by the Clearing House or Exchange.
5.4 PFD shall not be responsible for any monies or other property paid or delivered by any ("Customer") until such monies or property are (i) paid or physically delivered to PFD; or (ii) received in and credited to a PFD bank account.
Margin Payments. Commencing with the month following the final installment of the Fixed Payment, and continuing in each calendar month thereafter, until the earlier of (1) sixteen (16) consecutive calendar months (subject to 3.3 below), or (2) payment by River’s Edge to DUSA of Five Million Dollars ($5,000,000), in the aggregate, including the Fixed Payment, (the “Margin Royalty Period”). River’s Edge shall pay to DUSA a share of all revenues received by River’s Edge or its Affiliates with respect to the Licensed Products. The share of such revenues under this Section 3.2 shall be fifty percent (50%) of the amount remaining after the Cost of Goods is subtracted from Net Revenues of the Licensed Products resulting from activities in the prior calendar month as described below. The timing of payments shall be made in accordance with Section 4 below. For the purposes of clarity, if the first monthly installment of the Fixed Payment due under Section 3.1 is made on March 15, 2009, the second such installment shall be made on May 1, 2009, the third such installment shall be made on June 1, 2009, etc. If the first payment in the Margin Royalty Period is due May 15, 2010, the DUSA share of the Net Revenues will be calculated on Net Revenues received during March 2010.
Margin Payments. In addition to the payments to be made under Clause 8 hereof, subject to Clause 10(c), the following payments shall be made:
(a) The Customer shall pay the Margin Amount to WCSB on the first Business Day of the Contract;
(b) On the first Business Day after opening the contract and on each subsequent Business Day during the term of the Contract if that day’s Contract Value;
(i) is greater than on the preceding Business Day the Customer shall pay to WCSB the difference multiplied by the Margin Percentage;
(ii) is lower than on the preceding Business Day WCSB shall pay to the Customer the difference multiplied by the Margin Percentage
Margin Payments. Subject to the Buyer’s continuing obligation to provide commercially reasonable infrastructure and field related support services generally consistent with industry standards to the Transferred Adviser Representatives who remain appointed by Buyer to facilitate such Transferred Adviser Representatives’ ability to service the Pre-Closing Insurance Contracts, the Seller shall make each of the payments set forth on Section 7.24 of the Disclosure Schedule to the Buyer within five Business Days of the payment date listed thereon, in cash by wire transfer of immediately available funds to an account specified by the Buyer in writing to the Seller. The Buyer shall have a reasonable opportunity to cure any breach of this Section 7.24 upon receipt of reasonable notice of such breach from the Seller. For the avoidance of doubt, nothing in this provision shall be construed to imply that Buyer has any policy-related servicing obligations to owners of the Pre-Closing Insurance Contracts.
Margin Payments. Where an investment features margin payments we will provide the investor with a written description of such payments and the associated risks.
