Refusal of execution. 6.1 The Client acknowledges the IF’s right, at any time and for any reason, to refuse at its absolute discretion to execute any order, including without limitation the following cases:
(1) where the IF considers that the execution of the order is intended or may be intended to manipulate the market of the Financial Instruments (market manipulation),
(2) where the IF considers that the execution of the order is intended or may be intended to legalise the proceeds of illegal activities (money laundering),
(3) where the IF considers that the execution of the order constitutes or may constitute abusive use of privileged confidential information (xxxxxxx xxxxxxx),
(4) where the IF considers that the execution of the order affects or may affect in any way the credibility or the normal operation of the market,
(5) if the account of the Client does not have sufficient balances to cover the transaction or in the case of an order for the sale of Financial Instruments, if there is no sufficient number of Financial Instruments registered in the name of the Client which may be transferred so that the sale order may be satisfied,
(6) if the Client has not fulfilled all his obligations to the IF as these arise from this Agreement. Any refusal of the IF to execute any order shall not affect the obligations which the Client has towards the IF or the rights which the IF has against the Client or against Financial Instruments or property assets owned by the Client or on which the Client has any right.
Refusal of execution. (1) Where Custran declines to submit a Declaration to the customs authorities,Custran shall inform the Customer thereof without delay, but in any case within the period set out in clause 10. It may do so through the Online System or by telephone. When doing so, Custran is under no obligation to state the reasons for the refusal. Custran may indicate ways in which errors that led to the refusal can be rectified by the Customer. Custran will not contact the Customer or provide reasons for any refusal of execution if it would be unlawful to do so or if Custran reasonably considers that it would compromise its security procedures. Where Custran’s refusal to execute a Declaration is reasonably justified, Custran may in its discretion, impose a separate charge for notifying the Customer of that refusal. If the Customer considers that the reason(s) which led to Custran refusing the Declaration no longer apply, the Customer may contact Custran in writing and request that the Customs Services be resumed.
(2) If Custran is unable to process a Declaration, it shall inform the Customer thereof without delay.
Refusal of execution. 6.1 The Client acknowledges, Xxxxxxxxx’s right, at any time and for any reason, to refuse at its absolute discretion to execute any order, including without limitation the following cases:
1. when Xxxxxxxxx considers that the execution of the order is intended or may be intended to manipulate the market of the Financial Instruments (market manipulation),
2. where Xxxxxxxxx considers that the execution of the order is intended or may be intended to legalise the proceeds of illegal activities (money laundering),
3. where Xxxxxxxxx considers that the execution of the order constituted or may constitute abusive use of privileged confidential information (xxxxxxx xxxxxxx),
4. where Xxxxxxxxx considers that the execution of the order affects or may be affect in any way the credibility or the normal operation of the market,
5. if the account of the Client does not have sufficient balances to cover the transaction or in the case of an order for the sale of Financial Instruments, if there is an insufficient number of Financial Instruments registered in the name of the Client which can be transferred, so the sale order may be satisfied,
6. where the Client has not fulfilled all his obligations to Xxxxxxxxx, as these arise from this Agreement.
6.2 If Xxxxxxxxx refuses or declines the execution of an order and or the reception and transmission of an order, it will take reasonable steps to promptly notify the Client of this but subject to this Prochoice will not be liable for any failure to do so.
6.3 Any refusal of the Prochoice to execute any order or to implement the reception and transmission of an order shall not affect the obligations which the Client has towards Prochoice or the rights that Prochoice may have against the Financial Instruments or property assets that belong to the Client or on which the Client has any rights.
Refusal of execution. 6.1 The Client acknowledges Mega Equity Securities & Financial Services Public Ltd right, at any time and for any reason, to refuse at its absolute discretion to execute any order, including without limitation the following cases:
(1) where Mega Equity Securities & Financial Services Public Ltd considers that the execution of the order is intended or may be intended to manipulate the market of the Financial Instruments (market manipulation),
(2) where Mega Equity Securities & Financial Services Public Ltd considers that the execution of the order is intended or may be intended to legalise the proceeds of illegal activities (money laundering),
(3) where Mega Equity Securities & Financial Services Public Ltd considers that the execution of the order constitutes or may constitute abusive use of privileged confidential information (xxxxxxx xxxxxxx),
(4) where Mega Equity Securities & Financial Services Public Ltd considers that the execution of the order affects or may affect in any way the credibility or the normal operation of the market,
(5) if the account of the Client does not have sufficient balances to cover the transaction or in the case of an order for the sale of Financial Instruments, if there is no sufficient number of Financial Instruments registered in the name of the Client which may be transferred so that the sale order may be satisfied,
(6) if the Client has not fulfilled all his obligations to Mega Equity Securities & Financial Services Public Ltd as these arise from this Agreement. Any refusal of Mega Equity Securities & Financial Services Public Ltd to execute any order shall not affect the obligations which the Client has towards Mega Equity Securities & Financial Services Public Ltd or the rights which Mega Equity Securities & Financial Services Public Ltd has against the Client or against Financial Instruments or property assets owned by the Client or on which the Client has any right.
