Rights regarding margin requirements. 30.3.1 Between the time after uSMART SG has issued a Margin Alert/Notification, uSMART SG is entitled (i) to exercise any of its rights under Clause 35 (Set-off and Lien) and this Clause 30.3 without notice to the Client, and (ii) to refuse to carry out any of the Client’s Instructions relating to the Margin Account or any dealing in Securities except that Client will be allowed to sell existing Securities to reduce positions in the Client’s Margin Account. In any event, the Client understand and accept that any Margin Alert/Notification given by uSMART SG shall not be considered a waiver of uSMART SG’s rights to apply your Collateral (including Charged Securities) hereunder, nor is uSMART SG bound by such prior Margin Alert/Notification to forestall the exercise of any such rights. Even if uSMART SG has notified the Client and provided a specific date or time by which the Client is required to meet a Margin Alert/Notification, uSMART SG can still take necessary steps to protect its financial interests before such specified date.
Rights regarding margin requirements. 29.3.1 Between the time after USPL has given a Margin Call and before that Margin Call has been met to the satisfaction of USPL, USPL is entitled (i) to exercise any of its rights under Clause 34 (Set-off and Lien) and this Clause 29.3 without notice to the Client, and (ii) to refuse to carry out any of the Client’s Instructions relating to the Margin Account or any dealing in Securities.
