Common use of Terminate the Client Agreement Clause in Contracts

Terminate the Client Agreement. Each of the following constitutes an “Event of Default”: 5.2.1 The failure of the Client to perform any obligation due to the Company including but not limited to; any amount due to the Company and/or any identification documentation required by the Company; 5.2.2 The Client is unable to pay the Client’s debts when they fall due; 5.2.3 The Client (if the Client is an individual) dies or is declared absent or becomes of unsound mind; 5.2.4 The Company suspects that the Client is involved/involves the Company, in any type of illegal or unethical actions such us, but not limited to, money laundering and/or terrorist financing or any other criminal activities. Such suspicions shall be determined in good faith by the Company; 5.2.5 The Clients attempts and/or performs any actions that are determined fraudulent or manipulative of certain market conditions. 5.2.6 A regulatory authority or body of court requires any action set in part 5.1 of this Agreement to take place; 5.2.7 Any statement of Warranty made by the Client in part 16 is untrue.