Common use of Power of Sale Clause in Contracts

Power of Sale. If an Event of Default occurs, we may exercise the power to sell all or any part of the Margin. We shall be entitled to apply the proceeds of sale or other disposal in paying the costs of such sale or other disposal and in or towards satisfaction of the Secured Obligations.

Appears in 10 contracts

Samples: Client Service Agreement, Client Service Agreement, Client Service Agreement

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Power of Sale. If an Event of Default occursoccurs (as defined hereinafter), we may exercise the power to sell all or any part of the Margin. We Margin you provide us with under these Terms and Conditions and shall be entitled to apply the proceeds of sale or other disposal in paying the costs of such sale or other disposal and in or towards satisfaction of the Secured Obligations. Such sale shall take place by the means that we in our reasonable discretion determines and at the price that we in our reasonable discretion determine to be the best obtainable.

Appears in 9 contracts

Samples: Client Agreement, Online Trading Agreement, Client Agreement

Power of Sale. If an Event of Default (failure to meet margin calls) occurs, we may exercise the power to sell all or any part of the Marginmargin. We shall be entitled to apply the proceeds of sale or other disposal in paying the costs of such sale or other disposal and in or towards satisfaction of the Secured Obligations.

Appears in 2 contracts

Samples: Company Contract for Difference (Cfd), Contract for Difference (Cfd) Agreement

Power of Sale. If an Event of Default occurs, we may exercise the power to sell all or any part of the Marginmargin. We shall be entitled to apply the proceeds of sale or other disposal in paying the costs of such sale or other disposal and in or towards satisfaction of the Secured Obligations.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

Power of Sale. If an Event of Default (as defined below) occurs, we may exercise the power our right to sell all or any part of the Margin. We Margin you provide us under these Terms and Conditions, and we shall be entitled to apply use the proceeds of such sale or other disposal in paying disposition to pay the costs of such sale or other disposal and in or towards satisfaction of disposition, as well as to satisfy the Secured Obligations. Such sale shall take place in the manner and at the price that we, in our reasonable discretion, believe to be the best available.

Appears in 2 contracts

Samples: Terms and Conditions, Client Agreement

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Power of Sale. If an Event of Default occursoccurs (as defined hereinafter), we may exercise the power to sell all or any part of the Margin. We Margin youprovide us with under these Terms and Conditions and shall be entitled to apply the proceeds of sale or other disposal in paying the costs of such sale or other disposal and in or towards satisfaction of the Secured Obligations. Such sale shall take place by the means that we in our reasonable discretion determines andat the price that we in our reasonable discretiondetermine to be the best obtainable.

Appears in 1 contract

Samples: Client Agreement

Power of Sale. If an Event of Default occurs, we may exercise the power to sell all or any part of the MarginCollateral. We shall be entitled to apply the proceeds of sale or other disposal in paying the costs of such sale or other disposal and in or towards satisfaction of the Secured Obligations.

Appears in 1 contract

Samples: Customer Agreement

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