Separate administration. We shall, subject to these terms, administer Counterparty Accounts which we reasonably believe relate to different Counterparties separately, including for the purposes of calculating any margin requirement. We shall not exercise any power to consolidate accounts or set off amounts owing between Counterparty Accounts relating to different Counterparties.
Appears in 15 contracts
Samples: Professional Client Agreement, Professional Client Agreement, Eligible Counterparty Agreement
Separate administration. We shall, subject to these terms, administer Counterparty Accounts which we reasonably believe relate to different Counterparties separately, including for the purposes of calculating any margin requirement. We shall not exercise any power to consolidate accounts or set off amounts owing between Counterparty Accounts relating to different Counterparties.
Appears in 7 contracts
Samples: Organised Trading Facility Terms of Business, Organised Trading Facility Agreement, Terms of Business
Separate administration. We shall, subject to these terms, administer Counterparty Accounts which we reasonably believe relate to different Counterparties separately, including for the purposes of calculating any margin Margin requirement. We shall not exercise any power to consolidate accounts or set set-off amounts owing between Counterparty Accounts relating to different Counterparties.
Appears in 3 contracts
Samples: Standard Terms of Business, Standard Terms of Business, Terms of Business
