Settlement, Payments, Costs and Taxes Sample Clauses

Settlement, Payments, Costs and Taxes. 18.1. Upon completing a Transaction: - You shall be liable for the Difference if the Transaction is: i. a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or ii. a Buy, and the closing price of the Transaction is lower than the opening price of the Transaction. - You shall receive the Difference if the Transaction is: i. a Sell, and the closing price of the Transaction is lower than the opening price of the Transaction; or ii. a Buy, and the closing price of the Transaction is higher than the opening price of the Transaction. 18.2. Unless we agree otherwise, all sums for which either Party is liable under paragraph 18.1 above in this Agreement are immediacy payable upon closing of the Transaction. You hereby authorise us to debit or credit your Trading Account with the relevant sums at the closing of each Transaction. It is understood that once you place an Order, until such Order is executed and the Transaction is closed, the Maintenance Margin shall not be used as collateral and hence shall be unavailable for withdrawal. 18.3. The client is protected by the Company against negative account balances and the Company will only recover funds from the clients CFD trading account(s). The funds recovered may be funds initially deposited or funds that are subsequently paid into the clients own Trading account, as well as from the Company’s Client Money account. 18.4. You shall be liable for any and all taxes, fees and assessments with respect to any Transaction you complete on the Trading Platform. It is your obligation alone to calculate and pay all taxes applicable to you in your country of residence, or otherwise arising as a result of your trading activity from the use of the Trading Platform. 18.5. Notwithstanding the above, if required by applicable law, the Company shall deduct at source from any payments due to you such amounts as are required by the tax authorities to be deducted in accordance with applicable law. 18.6. It is possible that other costs, including taxes, relating to transactions carried out on the Trading Platform may arise for which you are liable and which are neither paid via us nor imposed by us. Without derogating from your sole and entire responsibility to account for tax due, you agree that we may deduct tax, as may be required by the applicable law, with respect to your trading activity on the Trading Platform. You are aware that we have a right of set-off against any amounts in y...
Sample 1Sample 2Sample 3See All (85)
AutoNDA by SimpleDocs
Settlement, Payments, Costs and Taxes. 11.1 The provision of Services is subject to the payment of costs, fees, commissions, daily funding, charges to the Company (the “Costs”), which are set out in the “Contract Specifications” or on the Company’s Site. In addition to Costs, other commissions and charges may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs.
Sample 1Sample 2Sample 3See All (4)
Settlement, Payments, Costs and Taxes. 5.4.1. Upon completing a Transaction: You shall be liable for the Difference if the Transaction is: i. a Sell, and the closing price of the Transaction is higher than the opening price of the Transaction; or
Sample 1
Settlement, Payments, Costs and Taxes. 11.1 The provision of Services is subject to the payment of costs, fees, commissions, daily funding, charges to the Company (the “Costs”), which are set out in the “Contract Specifications” or on the Company’s Site. In addition to Costs, other commissions and charges may be due by the Client directly to third parties. The Client shall be obliged to pay all such costs. website. Please refer to xxxxx://xxxxxxxx.xxx/trading-accounts/funding/ for an explanatory information regarding the charges. Client is not charged with any deposit fees.
Sample 1
Settlement, Payments, Costs and Taxes. 19.1. Upon completing a Transaction: • You shall be liable for the Difference if the Transaction is: i) a Sell, and the closing Price of the Transaction is higher than the opening Price of the Transaction; or i) i a Buy, and the closing Price of the Transaction is lower than the opening Price of the Transaction. • You shall receive the Difference if the Transaction is: a) Sell, and the closing Price of the Transaction is lower than the opening Price ofthe Transaction; or a) Buy, and the closing Price ofthe Transaction is higher than the opening Price of the Transaction. 19.2. Unless we agree otherwise, all sums for which either Party is liable under paragraph 19.1 above in this Client Agreement are immediacy payable upon closing ofthe Transaction. You hereby authorise us to debit or credit your Trading Account with the relevant sums at the closing of each Transaction. It is understood that once you place an Order, until such Order is executed and the Transaction is closed, the Maintenance Margin shall not be used as collateral and hence shall be unavailable for withdrawal.
Sample 1

Related to Settlement, Payments, Costs and Taxes

  • Payment and Taxes 3.1 The services will be charged to County on a Time and Material basis not including travel or other reimbursable expenses. County agrees to pay Consultant the fees set forth in the SOW. County shall reimburse Consultant for reasonable travel and out-of-pocket expenses incurred in the performance of this Agreement; provided, however, all proposed travel and out-of-pocket expenses must be reviewed and approved by County prior to being incurred. Unless specified otherwise in the SOW, Consultant will invoice County semi-monthly for Services. County’s payment of the Services and Deliverables shall be governed by Chapter 2251 of the Texas Government Code. Invoices shall be paid by County within thirty (30) days from the date of the Williamson County Auditor’s receipt of an invoice. Interest charges for any late payments shall be paid by County in accordance with Texas Government Code Section 2251.025. More specifically, the rate of interest that shall accrue on a late payment is the rate in effect on September 1 of County’s fiscal year in which the payment becomes due. The said rate in effect on September 1 shall be equal to the sum of one percent (1%); and (2) the prime rate published in the Wall Street Journal on the first day of July of the preceding fiscal year that does not fall on a Saturday or Sunday. In the event that a discrepancy arises in relation to an invoice, such as an incorrect amount on an invoice or a lack of documentation that is required to be attached to an invoice to evidence the amount claimed to be due, County shall notify Consultant of the discrepancy. Following County’s notification of any discrepancy as to an invoice, Consultant must resolve the discrepancy and resubmit a corrected or revised invoice, which includes all required support documentation, to the Williamson County Auditor. County shall pay the invoice within thirty (30) days from the date of the Williamson County Auditor’s receipt of the corrected or revised invoice. County’s payment of an invoice that contains a discrepancy shall not be considered late, nor shall any interest begin to accrue until the thirty-first (31st) day following the Williamson County Auditor’s receipt of the corrected or revised invoice. 3.2 County agrees to pay the amount of any sales, value added, use, excise or similar taxes applicable to the performance of the SOW, if any, or County shall provide Consultant with a certificate acceptable to the taxing authorities exempting County from payment of such taxes.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!