Purpose of Margin Facility Sample Clauses

Purpose of Margin Facility. If granted, the Margin Facility shall only be used by the Customer for financing the purchase of Marginable Securities provided always that the Customer shall not use more than the percentage imposed by DBS Xxxxxxx at its discretion and notified to the Customer of the Margin Facility or such other percentage as DBS Xxxxxxx may at its absolute discretion stipulate from time to time for financing the purchase of any single purchase of Marginable Security.
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Purpose of Margin Facility. 3.1 The Margin Facility shall only be used by the Client for financing the purchase of Marginable Securities through the Company and shall not be used to subscribe for new issues of Securities and/or Non-marginable Securities, provided always that the Client shall not use more than the limit as the Company may, at its absolute discretion, stipulate from time to time for financing the purchase of any single Purchased Marginable Security.
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Related to Purpose of Margin Facility

  • Purpose of the Agreement ‌ The purpose of this Agreement is to authorize PDL NPDL to charter space to PFLG in the Trade (as hereinafter defined).

  • Purpose of DPA The purpose of this DPA is to describe the duties and responsibilities to protect Student Data including compliance with all applicable federal, state, and local privacy laws, rules, and regulations, all as may be amended from time to time. In performing these services, the Provider shall be considered a School Official with a legitimate educational interest, and performing services otherwise provided by the LEA. Provider shall be under the direct control and supervision of the LEA, with respect to its use of Student Data

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