Payment of amounts due to us. 15.3.1 You agree that we may: (a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client Agreement while you use such services; and • all fees, charges and royalties which you owe to us; (b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements; (c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements (such as, but not limited to, realised losses); and (d) deduct from the Account any amount reimbursable in accordance with this Client Agreement. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers. 15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit balance if: (a) any overnight Position on your Account shows a notional loss; (b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions; (c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us; (d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement or any Positions; or (e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations. 15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Payment of amounts due to us. 15.3.1 You agree that we may:may:
(a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client Agreement while you use such services; and • all fees, charges and royalties which you owe to us;us;
(b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements;
(c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements (such as, but not limited to, realised losses); and
(d) deduct from the Account any amount reimbursable in accordance with this Client Agreement. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers.
15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit balance if:if:
(a) any overnight Position on your Account shows a notional loss;
(b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions;
(c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us;us;
(d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement or any Positions; or
(e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations.
15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Payment of amounts due to us. 15.3.1 You agree that we may:may:
(a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client the Agreement while you use such services; and • all fees, charges and royalties which you owe to us;us;
(b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements;
(c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements Agreement (such as, but not limited to, realised losses); and
(d) deduct from the Account any amount reimbursable in accordance with this Client the Agreement. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers.
15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit balance if:if:
(a) any overnight Position on your Account shows a notional loss;
(b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions;
(c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us;us;
(d) we determine that there is an unresolved dispute between us and you in connection with this Client the Agreement or any Positions; or
(e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations.
15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Payment of amounts due to us. 15.3.1 You agree that we may:
(a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client Agreement while you use such services; and • all fees, charges and royalties which you owe to us;:
(b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements;Requirements;
(c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements (such as, but not limited to, realised losses); and
(d) deduct from the Account any amount reimbursable in accordance with this Client Agreement. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers.
15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit balance if:
(a) any overnight Position on your Account shows a notional loss;
(b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions;
(c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us;
(d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement or any Positions; or
(e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations.
15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).obligations.
Appears in 1 contract
Samples: Client Agreement
Payment of amounts due to us. 15.3.1 You agree that we may:
(a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client Agreement while you use such services; and • all fees, charges and royalties which you owe to us;us;
(b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements;Requirements;
(c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements (such as, but not limited to, realised losses); and
(d) deduct from the Account any amount reimbursable in accordance with this Client Agreement. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers.
15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit balance if:
(a) any overnight Position on your Account shows a notional loss;
(b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions;
(c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us;
(d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement or any Positions; or
(e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations.
15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).obligations.
Appears in 1 contract
Samples: Client Agreement
Payment of amounts due to us. 15.3.1 You agree that we may:may:
(a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client Agreement while you use such services; and • all fees, charges and royalties which you owe to us;us;
(b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements;
(c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements (such as, but not limited to, realised losses); and
(d) deduct from the Account any amount reimbursable in accordance with this Client Agreement. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers.
15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit thecredit balance if:if:
(a) any overnight Position on your Account shows a notional loss;
(b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions;
(c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us;us;
(d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement or any Positions; or
(e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations.
15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).
Appears in 1 contract
Samples: Client Agreement
Payment of amounts due to us. 15.3.1 You agree that we may:may:
(a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client Agreement while you use such services; and • all fees, charges and royalties which you owe to us;
(b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements;
(c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements (such as, but not limited to, realised losses); and
(d) deduct from the Account any amount reimbursable in accordance with this Client Agreement. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers.
15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit balance if:
(a) any overnight Position on your Account shows a notional loss;
(b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions;
(c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us;us;
(d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement or any Positions; oror
(e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations.
15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).
Appears in 1 contract
Samples: Client Agreement
Payment of amounts due to us. 15.3.1 You agree that we may:may:
(a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client Agreement Terms and Conditions while you use such services; and • all fees, charges and royalties which you owe to us;us;
(b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements;
(c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements (such as, but not limited to, realised losses); and
(d) deduct from the Account any amount reimbursable in accordance with this Client AgreementTerms and Conditions. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers.
15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit balance if:if:
(a) any overnight Position on your Account shows a notional loss;
(b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions;
(c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us;us;
(d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement Terms and Conditions or any Positions; or
(e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations.
15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).
Appears in 1 contract
Samples: Terms and Conditions
Payment of amounts due to us. 15.3.1 You agree that we may:may:
(a) debit your Account (on a daily or any other basis) or deduct from the Client Money Trust Account and pay itself, without further reference to you: • all administration fees, including but not limited to fees associated with returned cheques, payment processing, credit card fees, debt collection and telephone transcript copies from your Account with us during the full term of this Client Agreement Terms and Conditions while you use such services; and • all fees, charges and royalties which you owe to us;us;
(b) withdraw from the Client Money Trust Account and pay ourselves the amount of any Transaction Fee, any administration fees, (including but not limited to credit card fees) you owe and the amount of Margin which you must pay to meet the Margin Requirements;
(c) withdraw from the Client Money Trust Account and pay ourselves any moneys to which we are entitled in accordance with the Agreements (such as, but not limited to, realised losses); and
(d) deduct from the Account any amount reimbursable in accordance with this Client AgreementTerms and Conditions. You agree that any delay in, or partial exercise of any of the above rights is not a waiver or abandonment of those powers.
15.3.2 When your Account is in credit, you may request that we effect payment by alternative means of the amount in credit of such amount as you may specify. However, we may at our discretion withhold from the amount of the credit balance if:if:
(a) any overnight Position on your Account shows a notional loss;
(b) we consider that further amounts may be required to meet any current or future Margin Requirement on open Positions due to Underlying Market conditions;
(c) if you have any contingent liability to us (or to any of our associates), in respect of any other Account open with us;us;
(d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement Terms and Conditions or any Positions; or
(e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations.
15.3.3 The credit facility is available to be drawn down for a period of thirty (30) days from the date on which your account is opened, or such longer period as we agree and at the expiration of such period (in the event of no draw down within that period) the offer of credit shall be deemed to have been withdrawn by us. Any credit drawn down pursuant to the facility shall become a debt due and payable and shall be repayable in full within 62 days of draw down (or such other period as may be specified from time to time under the Credit Contracts and Consumer Finance Act 2003 (NZ).
Appears in 1 contract
