Temporary Block of the Client Account Sample Clauses

Temporary Block of the Client Account. 5.1 The Company may temporarily block the Client Account without prior notice to the Client for any good reason, including in any of the following cases: A. In an Event of Default of the Client according to paragraph 11.2 (a) of PART A of this document and for such time that, the Company reasonably requires to examine if an Event of Default has occurred; B. After the Client’s request to temporarily block the Client Account under paragraph 5.5. of PART B of this Client Agreement; C. The Company is informed from a reliable source that the Access Data of the Client may have been received by unauthorised third parties; D. The Company is informed from a reliable source of possible unlawful actions or doubtful operations of the Client, as set out in Clause 1.4. of the General Business Terms. E. In a Force Majeure Event and for such duration that the relevant event continues to exist. F. An error in the request for the transfer of funds to another account was made by the Client and this resulted in the Company depositing in an incorrect trading account. 5.2 Without prejudice to any other right of the Company, the Client Account shall be unblocked in the following cases: A. When the Company, in its sole discretion, determines that an Event of Default has not occurred, where the Client Account was temporarily blocked under paragraph 5.1 (a) of PART B of this Client Agreement; B. When the Client requests from the Company to unblock the Client Account under paragraph 5.6, where the Client Account was temporarily blocked under paragraph 5.1 (b) of PART B of this Client Agreement; C. When the safety of the Access Data is determined by the Company and/or when the Company issues new Access Data to the Client, where the Client Account was temporarily blocked under paragraph 5.1 (c) of this Client Agreement; D. When the Company determines that the Client has not engaged into any actions or doubtful operations as set out in the Clause 1.4 of the General Business Terms, where the Client Account was temporarily blocked under paragraph 5.1 (d) of this Client Agreement; E. When the Force Majeure event does not exist anymore, where the Client Account was temporarily blocked under paragraph 5.1 (e) of PART B of this Client Agreement. 5.3 During the period for which the Client’s Account is blocked, the Company shall examine the circumstances and determine whether the Client Account ought to be either unblocked or closed. 5.4 In case the Client Account is closed, the Company reserv...
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Temporary Block of the Client Account. 5.1 The Company may temporarily block the Client Account without prior notice to the Client for any good reason, including in any of the following cases: A. In an Event of Default of the Client according to paragraph 11.2 (a) of PART A of this document and for such time that the Company reasonably requires to examine if an Event of Default has occurred; B. After the Client’s request to temporarily block the Client Account under paragraph 5.5. of PART B of this Client Agreement; C. The Company is informed from a reliable source that the Access Data of the Client may have been received by unauthorised third parties; D. The Company is informed from a reliable source of possible unlawful actions or doubtful operations of the Client, as set out in Clause 1.4. of the General Business Terms. E. In a Force Majeure Event and for such duration that the relevant event continues to exist. F. An error in the request for the transfer of funds to another account was made by the Client and this resulted in the Company depositing in an incorrect trading account. 5.2 Without prejudice to any other right of the Company, the Client Account shall be unblocked in the following cases: A. When the Company, in its sole discretion, determines that an Event of Default has not occurred, where the Client Account was temporarily blocked under paragraph 5.1 (a) of PART B of this Client Agreement; B. When the Client requests from the Company to unblock the Client Account under paragraph 5.6, where the Client
Temporary Block of the Client Account. 5.1 The Company may temporarily block the Client Account without prior notice to the Client for any good reason, including in any of the following cases: a) In an Event of Default of the Client according to paragraph 11.2 (a) of PART A of this document (Client Agreement) and for such time that the Company reasonably requires to examine if an Event of Default has occurred; b) After the Client’s request to temporarily block the Client Account under paragraph 5.5. of PART B of this Client Agreement; c) The Company is informed from a reliable source that the Access Data of the Client may have been received by unauthorised third parties; d) The Company is informed from a reliable source of possible unlawful actions or doubtful operations of the Client as set out in the Clause 1.4. of the General Business Terms. e) In a Force Majeure Event and for such duration that the relevant event continues to exist.
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