Common use of Offset and Rollover Clause in Contracts

Offset and Rollover. In respect of a Leveraged FX Transaction or a Bullion Transaction, as the case may be, the Client may offset or rollover such Leveraged FX Transaction or Bullion Transaction, as the case may be, during any Trading Hour on any Business Day during the term of such Leveraged FX Transaction or Bullion Transaction, as the case may be, provided that GTJAFX is satisfied that (i) there are or will be sufficient funds in the Account of the Client for GTJAFX to effect such offset or rollover on the relevant Business Day; (ii) the Client has paid all required Margin into the Account in respect of such offset or rollover; and (iii) GTJAFX has received all required documents (if any) from the Client for the purpose of such offset or rollover. If (i) the Client does not offset or rollover the Leveraged FX Transaction or Bullion Transaction, as the case may be, in accordance with the foregoing or (ii) GTJAFX determines that there are insufficient funds in the Account for GTJAFX to effect the offset or rollover or (iii) the Client fails to provide Margin in accordance with GTJAFX's request, or

Offset and Rollover. In respect of a Leveraged FX Transaction or a Bullion Transaction, as the case may be, the Client may offset or rollover such Leveraged FX Transaction or Bullion Transaction, as the case may be, during any Trading Hour on any Business Day during the term of such Leveraged FX Transaction or Bullion Transaction, as the case may be, provided that GTJAFX is satisfied that (i) there are or will be sufficient funds in the Account of the Client for GTJAFX to effect such offset or rollover on the relevant Business Day; (ii) the Client has paid all required Margin into the Account in respect of such offset or rollover; and (iii) GTJAFX has received all required documents (if any) from the Client for the purpose of such offset or rollover. If (i) the Client does not offset or rollover the Leveraged FX Transaction or Bullion Transaction, as the case may be, in accordance with the foregoing or (ii) GTJAFX determines that there are insufficient funds in the Account for GTJAFX to effect the offset or rollover or (iii) the Client fails to provide Margin in accordance with GTJAFX's request, oror (iv) the Client fails to provide any document required by GTJAFX to effect such offset or rollover, GTJAFX may (but shall not be obliged to), at its sole discretion, rollover or offset all or any portion of the Leveraged FX Transaction or the Bullion Transaction, as the case may be, for the Client's Account and at the Client's risk. GTJAFX shall, as soon as practicable, give notice to the Client of any offset or rollover effected under this Clause 13.1.

Offset and Rollover. In respect of a Leveraged FX Transaction or a Bullion Transaction, as the case may be, the Client may offset or rollover such Leveraged FX Transaction or Bullion Transaction, as the case may be, during any Trading Hour on any Business Day during the term of such Leveraged FX Transaction or Bullion Transaction, as the case may be, provided that GTJAFX is satisfied that (i) there are or will be sufficient funds in the Account of the Client for GTJAFX to effect such offset or rollover on the relevant Business Day; (ii) the Client has paid all required Margin into the Account in respect of such offset or rollover; and (iii) GTJAFX has received all required documents (if any) from the Client for the purpose of such offset or rollover. If (i) the Client does not offset or rollover the Leveraged FX Transaction or Bullion Transaction, as the case may be, in accordance with the foregoing or (ii) GTJAFX determines that there are insufficient funds in the Account for GTJAFX to effect the offset or rollover or (iii) the Client fails to provide Margin in accordance with GTJAFX's request, oror (iv) the Client fails to provide any document required by GTJAFX to effect such offset or rollover, GTJAFX may (but shall not be obliged to), at its sole discretion, rollover or offset all or any portion of the Leveraged FX Transaction for the Client’s Account and at the Client’s risk. GTJAFX shall, as soon as practicable, give notice to the Client of any offset or rollover effected under this Clause 13.1.