Negative Balance Protection Policy Sample Clauses

Negative Balance Protection Policy. The Company has a policy to ensure that the maximum loss of Clients at any point in time never exceed the Client available funds. To this effect, the Company’s systems and terms of business shall be setup in such a way that the Clients’ balance in case it ever becomes negative shall be zeroed without any obligations/liabilities from/against the Clients. The market deterioration risk materializes in instances where the price of the underlying currency pair moves to an opposite direction than the direction held by the Client. The Company taking into consideration the Clients’ best interests, mitigates the market deterioration risk for the Client by capping the Clients’ losses to the Clients’ total account balance (Negative Balance Protection).
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Related to Negative Balance Protection Policy

  • Termination Policy (A) MCHCP may terminate a public entity for any of the following reasons:

  • Retention Policy City shall retain ten percent (10%) of the amount due for Required Services detailed on each invoice (the “holdback amount”). Upon City review and determination of Project Completion, the holdback amount will be issued to Consultant.

  • Vacation Policy The Executive shall be entitled to a paid vacation of four weeks during each year of the Term.

  • Union Policy Grievance The Union may institute a grievance consisting of an allegation of a general misinterpretation or a violation by the Employer of this Agreement in writing at Step Number 2 of the grievance procedure, providing that it is presented within ten (10) working days after the circumstances giving rise to the grievance have originated or occurred. However, it is expressly understood that the provisions of this clause may not be used to institute a grievance directly affecting an employee or employees which such employee or employees could themselves initiate as an individual or group grievance and the regular grievance procedure shall not be thereby bypassed.

  • Non-Discrimination Policy State-Federal Law

  • Schedule of Underlying Insurance Policies If Umbrella or Excess policy is evidenced to comply with minimum limits, a copy of the Underlying Schedule from the Umbrella or Excess insurance policy may be required.

  • NO LEMON POLICY This Agreement provides that following the expiration of the term of the Covered Product’s manufacturer’s warranty, and subject to Our Limit of Liability, after three (3) service repairs have been completed for the Covered Product for the same problem, as determined in Our sole discretion, in lieu of performing a fourth (4th) repair on the Covered Product, We may replace it with a product of like kind or similar features, or issue a check to You in an amount not to exceed the remaining limit of liability as determined in accordance with the section titled “LIMIT OF LIABILITY.” If We replace the Covered Product, all Our obligations for the Covered Product under this Agreement terminate.

  • Promotion Policy The Director of Human Resources, upon request of an appointing authority, shall determine whether an examination is to be called on a promotional basis.

  • Admission Policy The Academy shall comply with all admissions policies and criteria required by laws applicable to public school academies under the Code. The Academy must make a reasonable effort to advertise its enrollment openings. Open enrollment must be for a period of at least two (2) weeks and shall permit the enrollment of pupils by parents and/or guardians at times in the evening and weekends, and shall comply with all requirements of Applicable Law. Schedule 9.

  • SPAM POLICY You are strictly prohibited from using the Website or any of the Company's Services for illegal spam activities, including gathering email addresses and personal information from others or sending any mass commercial emails.

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