Margin Requirements; Covered Transactions Sample Clauses

Margin Requirements; Covered Transactions. It shall not (i) extend credit to others for the purpose of buying or carrying any Margin Stock in such a manner as to violate Regulation T or Regulation U or (ii) use all or any part of the proceeds of any Advance, whether directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose that violates the provisions of the Regulations of the Board of Governors, including, to the extent applicable, Regulation U and Regulation X.
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Margin Requirements; Covered Transactions. It shall not (i) extend credit to others for the purpose of buying or carrying any Margin Stock in such a manner as to violate Regulation T or Regulation U or (ii) use all or any part of the proceeds of any Advance, whether directly or indirectly, and whether immediately, incidentally or ultimately, for any purpose that (A) violates the provisions of the Regulations of the Board of Governors, including, to the extent applicable, Regulation U and Regulation X or (B) would cause such credit extension to become a “covered transaction” as defined in Section 23A of the Federal Reserve Act (12 U.S.C. § 371c) and the Federal Reserve Board’s Regulation W (12 C.F.R. Part 223), including any transaction where the proceeds of an Advance are used for the benefit of, or transferred to, an affiliate of a Lender.
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Related to Margin Requirements; Covered Transactions

  • Margin Requirements 14.1 The Client shall provide and maintain the Initial Margin and/or Hedged Margin in such limits as LQDFX, at its sole discretion, may require from time to time. Such sums of money shall only be paid to LQDFX’s bank account in the form of cleared funds. It is the Client’s responsibility to ensure that the Client understands how a margin is calculated. 14.2 The Client shall pay Initial Margin and/or Hedged Margin at the moment of opening a position. The amount of Initial Margin and Hedged Margin for each Instrument is defined in the Contract Specifications. 14.3 If no Force Majeure Event has occurred, LQDFX is entitled to change margin requirements, giving to the Client 3 (three) Business Days Written Notice prior to these amendments. 14.4 LQDFX is entitled to change margin requirements without prior Written Notice in the case of Force Majeure Event. 14.5 LQDFX is entitled to apply new margin requirements amended in accordance with clauses and 14.4 to the new positions and to the positions which are already open. 14.6 LQDFX is entitled to close the Client’s Open Positions without the consent of the Client or any prior Written Notice if the Equity is less than certain rate depending on the account type as stipulated on the Website. 14.7 It is the Client’s responsibility to notify LQDFX as soon as the Client believes that the Client will be unable to meet a margin payment when due. 14.8 LQDFX is not obliged to make margin calls for the Client. LQDFX is not liable to the Client for any failure by LQDFX to contact, or attempt to contact the Client. 14.9 For the purposes of determining whether the Client has breached clause 14.6 above, any sums referred to therein which are not denominated in the Currency of the Trading Account shall be treated as if they were denominated in the Currency of the Trading Account by converting them into the Currency of the Trading Account at the relevant exchange rate for spot dealings in the foreign exchange market. 14.10 Margin call on all accounts is 50%. Stop out level on all accounts is 20% apart from the VIP account, where is 30%.

  • GRADUATION REQUIREMENTS I understand that in order to graduate from the program and to receive a certificate of completion, diploma or degree I must successfully complete the required number of scheduled clock hours as specified in the catalog and on the Enrollment Agreement, pass all written and practical examinations with a minimum score of 80%, and complete all required clinical hours and satisfy all financial obligations to the College.

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