Common use of Risk Limits Clause in Contracts

Risk Limits. Clearing Broker and Executing Broker hereby agree that the risk-based limits set forth in Exhibit A (“Risk Limits”) shall apply to each Customer that executes an order through Executing Broker that is given up to Clearing Broker for clearing. The Risk Limits may be modified from time to time upon the agreement of Executing Broker and Clearing Broker. Nothing herein shall prevent the Executing Broker from applying a limit more stringent than the Risk Limits to a particular Customer.

Risk Limits. Clearing Broker and Executing Broker hereby agree that the risk-based risk-­‐based limits set forth in Exhibit A (“Risk Limits”) shall apply to each Customer that executes an order through Executing Broker that is given up to Clearing Broker for clearing. The Risk Limits may be modified from time to time upon the agreement of Executing Broker and Clearing Broker. Nothing herein shall prevent the Executing Broker from applying a limit more stringent than the Risk Limits to a particular Customer.