Common use of Sale of gold via CIMB Clicks Clause in Contracts

Sale of gold via CIMB Clicks. 7.3.1 For the eGIA opened in my sole name, I acknowledge and agree that my instructions to the Bank to sell the gold in the eGIA must be made during the Transaction Hours via CIMB Clicks in such format as prescribed by the Bank subject to any requirements and prevailing practice of the Bank. 7.3.2 I acknowledge and agree that I will only be permitted to purchase and sell a cumulative aggregate of six thousand (6,000) grams of gold per day and for each order for sale must be placed by me during the Transaction Hours subject to a further limit of maximum of three (300) grams of gold per order for sale ("Sale Transaction Limit"). 7.3.3 For each sale, the Bank shall record the quantity of gold sold in grams, the price of gold sold in Ringgit Malaysia equivalent, the price of gold sold per gram in Ringgit Malaysia and the balance of gold in grams (if any) in the eGIA provided always that the Bank may without incurring any liability whatsoever to me cancel, rescind, reverse or annul any of my sale instruction(s) and/or sale transactions made which exceed the Sale Transaction Limit including but not limited to sale instructions and/or sale transactions which have been effected and/or concluded and/or any flow on or resultant transaction(s) which have been effected by me under the Designated Affiliate Account where such transactions effected are by virtue of or on account of the said sale instruction(s) and/or sale transactions.

Appears in 4 contracts

Samples: E Gold Investment Account Agreement, Cimb Bank E Gold Investment Account Agreement, Cimb Bank E Gold Investment Account Agreement

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Sale of gold via CIMB Clicks. 7.3.1 For the eGIA opened in my sole name, 7.1.1 I acknowledge and agree that my instructions to the Bank to sell the gold in the eGIA GIA via CIMB Clicks must be made via CIMB Clicks during the Transaction Hours via CIMB Clicks in such a format as prescribed by the Bank subject to any requirements and prevailing practice of the Bank. 7.3.2 7.1.2 Further, I acknowledge and agree that I will only be permitted to purchase and sell a cumulative aggregate of six thousand (6,000) grams of gold per day and for each order for sale must be placed by me during the Transaction Hours subject to a further limit of a maximum of three (300) grams of gold per order for sale ("Sale Transaction Limit"). 7.3.3 7.1.3 For each sale, the Bank shall record the quantity of gold sold in grams, the price of gold sold in Ringgit Malaysia equivalent, the price of gold sold per gram in Ringgit Malaysia Malaysia, and the balance of gold in grams (if any) in the eGIA GIA via CIMB Clicks provided always that the Bank may without incurring any liability whatsoever whatever to me cancel, rescind, reverse or annul any of my sale instruction(s) and/or sale transactions made which exceed the Sale Transaction Limit including but not limited to sale instructions and/or sale transactions which have been effected and/or concluded and/or any flow on or resultant transaction(s) which have been effected by me under the Designated Affiliate Account where such transactions effected are by virtue of or on account of the said sale instruction(s) and/or sale transactions.

Appears in 1 contract

Samples: Cimb Bank Gold Investment Account Agreement

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Sale of gold via CIMB Clicks. 7.3.1 For the eGIA opened in my sole name, I acknowledge and agree that my instructions to the Bank during the Transaction Hours to sell the gold in the eGIA must GIA via CIMB Clicks shall be made during the Transaction Hours via CIMB Clicks in such format as prescribed by the Bank and shall be subject to any such requirements and prevailing practice of the Bank. 7.3.2 . Further, I acknowledge and agree that I will shall only be permitted to purchase and sell a cumulative aggregate of six thousand (6,000) grams of gold per day and for that each order for sale must be placed by me during the Transaction Hours shall be subject to a further limit of a maximum of three (300) grams of gold per order for sale ("Sale Transaction Limit"). 7.3.3 For . Upon each sale, the Bank shall record in the GIA via CIMB Clicks, the quantity of gold sold by me in grams, the price of gold sold in Ringgit Malaysia equivalent, the price of gold sold per gram in Ringgit Malaysia Malaysia, and the balance of gold (in grams (grams) if any) any in the eGIA GIA via CIMB Clicks provided always that the Bank may shall be entitled to without incurring any liability whatsoever whatever to me and without notice cancel, rescind, reverse or annul any of my sale instruction(s) and/or sale transactions made which exceed the Sale Transaction Limit including but not limited to sale instructions and/or sale transactions which have been effected and/or concluded and/or any flow on or resultant transaction(s) which have been effected by me under the Designated Affiliate Account and/or under any other account maintained with the Bank where such transactions effected are by virtue of or on account of the said sale instruction(s) and/or sale transactions.

Appears in 1 contract

Samples: Cimb Bank Gold Investment Account Agreement

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