Return of Posted Margin Sample Clauses

Return of Posted Margin. If that Clearing Member is required to return Posted Margin to Customer, either as excess margin (however defined), in connection with any right of Customer to substitution, or otherwise, Customer hereby agrees that (A) Clearing Member shall only be required to transfer such margin to Customer to the extent that FICC shall have returned the same to Clearing Member, and (B) Clearing Member may transfer such margin to Customer as soon as practicable after any applicable deadline under the Existing FICC Clearing Agreement if Clearing Member did not have sufficient time in order to effect the transfer of such margin to Customer in accordance with normal business practices following receipt of such margin from FICC.
Sample 1
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Related to Return of Posted Margin

  • Definitions For purposes of this Agreement:

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • NOW THEREFORE the parties hereto agree as follows:

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

  • IN WITNESS WHEREOF the parties hereto have executed this Agreement as of the date first above written.

  • WHEREAS the Company desires the Warrant Agent to act on behalf of the Company, and the Warrant Agent is willing to so act, in connection with the issuance, registration, transfer, exchange, redemption and exercise of the Warrants; and

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