Common use of Termination / Expiry Clause in Contracts

Termination / Expiry. 1. This Agreement shall stand terminated forthwith, as provided in Clause VIII above, or on the Client failing to cure the breach within the time period as provided in the Notice given thereunder. 2. This Agreement shall automatically stand terminated, without any further act on the part of any party hereto, on and from the date of termination/determination of the Client Member Agreement executed between the parties hereto in respect of stock broking services provided / being provided by Zebu Share and Wealth Managements Pvt Ltd to the Client. 3. In the event of termination / determination of this Agreement, the Client shall forthwith settle the dues of Zebu Share and Wealth Managements Pvt Ltd. Zebu Share and Wealth Managements Pvt Ltd shall be entitled to immediately adjust the Margin Amount against the dues of the Client, and the Client hereby authorizes Zebu Share and Wealth Managements Pvt Ltd to make such adjustment. 4. After such adjustment, if any further amount is due from the Client to Zebu Share and Wealth Managements Pvt Ltd, the Client shall settle the same forthwith. Upon full settlement of all the dues of the Client to Zebu Share and Wealth Managements Pvt Ltd, Zebu Share and Wealth Managements Pvt Ltd shall release the balance amount to the Client. 5. In the event of failure of the Client to settle the dues of Zebu Share and Wealth Managements Pvt Ltd within 5 days, Zebu Share and Wealth Managements Pvt Ltd shall be entitled to enforce its rights and shall be entitled to sell off Shares, and adjust/apply the net sale proceeds thereof in recovery of its dues.

Termination / Expiry. 1. This Agreement shall stand terminated forthwith, as provided in Clause VIII above, or on the Client failing to cure the breach within the time period as provided in the Notice given thereunder. 2. This Agreement shall automatically stand terminated, without any further act on the part of any party hereto, on and from the date of termination/termination/ determination of the Client Member Agreement executed between the parties hereto in respect of stock broking services provided / provided/ being provided by Zebu Share and Wealth Managements Pvt Ltd Hem Securities Limited/ Hem Finlease Private Limited to the Client. 3. In the event of termination / termination/ determination of this Agreement, the Client shall forthwith settle the dues of Zebu Share and Wealth Managements Pvt Ltd. Zebu Share and Wealth Managements Pvt Ltd Hem Securities Limited/ Hem Finlease Private Limited. Hem Securities Limited/ Hem Finlease Private Limited shall be entitled to immediately adjust the Margin Amount against the dues of the Client, and the Client hereby authorizes Zebu Share and Wealth Managements Pvt Ltd Hem Securities Limited/ Hem Finlease Private Limited to make such adjustment. 4. After such adjustment, if any further amount is due from the Client to Zebu Share and Wealth Managements Pvt LtdHem Securities Limited/ Hem Finlease Private Limited, the Client shall settle the same forthwith. Upon full settlement of all the dues of the Client to Zebu Share and Wealth Managements Pvt LtdHem Securities Limited/ Hem Finlease Private Limited, Zebu Share and Wealth Managements Pvt Ltd Hem Securities Limited/ Hem Finlease Private Limited shall release the balance amount to the Client. 5. In the event of failure of the Client to settle the dues of Zebu Share and Wealth Managements Pvt Ltd Hem Securities Limited/ Hem Finlease Private Limited within 5 90 days, Zebu Share and Wealth Managements Pvt Ltd Hem Securities Limited/ Hem Finlease Private Limited shall be entitled to enforce its rights and shall be entitled to sell off Shares, and adjust/adjust/ apply the net sale proceeds thereof in recovery of its dues.