Common use of NO OBLIGATION TO EXECUTE ORDERS Clause in Contracts

NO OBLIGATION TO EXECUTE ORDERS. 1. The Customer acknowledges and agrees that Directa has no ob- ligation to execute orders placed by the Customer for amounts ex- ceeding the Customer’s available buying power, as determined by Directa at its sole discretion. Directa will notify the Customer with an on-line communication of its no-acceptance of the order. 2. For certain orders (as with purchases without price limit) it may be impossible to determine precisely in advance whether the Cus- tomer’s assets will be sufficient to cover completely the order exe- cution. Directa, at its own discretion, may execute these orders, but has no obligation to. 3. In the event that, for any reason, the Customer’s account has a negative balance, the Customer must pay the balance not later than thirty (30) days from Directa’s request.

NO OBLIGATION TO EXECUTE ORDERS. 1. The Customer acknowledges and agrees that Directa has no ob- ligation obligation to execute orders placed by the Customer for amounts ex- ceeding exceeding the Customer’s available buying power, as determined by Directa at its sole discretion. Directa will notify the Customer with an on-line communication of its no-acceptance of the order. 2. For certain orders (as with purchases without price limit) it may be impossible to determine precisely in advance whether the Cus- tomerCustomer’s assets will be sufficient to cover completely the order exe- cutionexecution. Directa, at its own discretion, may execute these orders, but has no obligation to. 3. In the event that, for any reason, the Customer’s account has a negative balance, the Customer must pay the balance not later than thirty (30) days from Directa’s request.