Common use of Netting Clause in Contracts

Netting. 5.1. All funds paid according to Agreement or corresponding Regulations are automatically converted by Company into deposit currency at the current exchange rate on the foreign exchange market. 5.2. Client is obligated to pay all chargeable sums, including commission and other costs set by Company. 5.3. Client can’t assign his/her rights and responsibilities or implement any other act of transferring rights and responsibilities according to corresponding Regulations without any written consent of Company. Breaking that condition will make any assignment of rights and responsibilities considered as void.

Appears in 19 contracts

Samples: Trader’s Personal Account Agreement, Trader's Personal Account Agreement, Trader's Personal Account Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!