Common use of PROMPT DELIVERY Clause in Contracts

PROMPT DELIVERY. The Client will promptly deliver any instructions, money, documents or commodity deliverable under a Transaction in accordance with that Transaction as modified by any provision of this Agreement or by any instructions given by the Broker Member for the purpose of enabling the Broker Member to perform any obligations it may have under a relevant matching Transaction on the DGCX or with a Clearing Member. Without prejudice to any of the Broker Member's other rights under this Agreement, if the Client fails to comply with any obligation under this Section 4.4, the Broker Member will be entitled, in its absolute discretion, to close out all or any of the Client's Transactions.

Appears in 9 contracts

Samples: Member Client Agreement, Member Client Agreement, Member Client Agreement

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PROMPT DELIVERY. The Client will promptly deliver any instructions, money, documents or commodity deliverable under a Transaction in accordance with that Transaction as modified by any provision of this Agreement or by any instructions given by the Broker Member for the purpose of enabling the Broker Member to perform any obligations it may have under a relevant matching Transaction on the DGCX or with a Clearing Member. Without prejudice to any of the Broker Member's ’s other rights under this Agreement, if the Client fails to comply with any obligation under this Section 4.4, the Broker Member will be entitled, in its absolute discretion, to close out all or any of the Client's ’s Transactions.

Appears in 2 contracts

Samples: Client Agreement, Member Client Agreement

PROMPT DELIVERY. The Client will promptly deliver any instructions, money, documents or commodity deliverable under a Transaction in accordance with that Transaction as modified by any provision of this Agreement or by any instructions given by the Broker Member for the purpose of enabling ena- bling the Broker Member to perform any obligations it may have under a relevant matching Transaction on the DGCX or with a Clearing Member. Without prejudice to any of the Broker Member's ’s other rights under this Agreement, if the Client fails to comply with any obligation under this Section 4.4, the Broker Member will be entitled, in its absolute discretion, to close out all or any of the Client's ’s Transactions.

Appears in 1 contract

Samples: www.emiratesnbdsecurities.com

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PROMPT DELIVERY. The Client will promptly deliver any instructions, money, documents or commodity deliverable under a Transaction in accordance with that Transaction as modified by any provision of this Agreement or by any instructions given by the Broker Member for the purpose of enabling the Broker Member to perform any obligations it may have under a relevant matching Transaction on the DGCX or with a Clearing Member. Without prejudice to any of the Broker MemberBroker's other rights under this Agreement, if the Client fails to comply with any obligation under this Section 4.4, the Broker Member will be entitled, in its absolute discretion, to close out all or any of the Client's Transactions.

Appears in 1 contract

Samples: Client Agreement

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