Common use of Payment for Transactions Clause in Contracts

Payment for Transactions. You agree that you are responsible for paying for all transactions you make and all authorized transactions in your account. When you purchase securities on margin, you agree to deposit the required initial equity by the settlement date and to maintain your equity at the required levels. In addition, you agree to pay any debit remaining in your account if your positions are liquidated to satisfy a margin call. We may extend credit to you according to applicable laws and regulations. You agree to use this credit primarily for business and investment purposes.

Appears in 5 contracts

Samples: www.cmelitegroup.co.uk, www.cmelitegroup.co.uk, www.cmelitegroup.com

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