Common use of There is no Central Market or Clearinghouse Guarantee of Payment Clause in Contracts

There is no Central Market or Clearinghouse Guarantee of Payment. Each Contract is a contract directly between XXXXX.xxx and the Customer. There is no clearinghouse and no guarantee by any other party of XXXXX.xxx’s payment obligations to the customer. Customer must look only to XXXXX.xxx for performance on all Contracts in Customer’s Account and for return of any Margin or Collateral.

Appears in 11 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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There is no Central Market or Clearinghouse Guarantee of Payment. Each Contract is a contract directly between XXXXX.xxx GAIN Capital and the Customer. There is no clearinghouse and no guarantee by any other party of XXXXX.xxxGAIN Capital’s payment obligations to the customer. Customer must look only to XXXXX.xxx GAIN Capital for performance on all Contracts in Customer’s Account and for return of any Margin or Collateral.

Appears in 4 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

There is no Central Market or Clearinghouse Guarantee of Payment. Each Contract is a contract directly between XXXXX.xxx Xxxxxxxxxxx.xx and the Customer. There is no clearinghouse and no guarantee by any other party of XXXXX.xxxXxxxxxxxxxx.xx’s payment obligations to the customer. Customer must look only to XXXXX.xxx Xxxxxxxxxxx.xx for performance on all Contracts in Customer’s Account and for return of any Margin or Collateral.

Appears in 2 contracts

Samples: Foreign Exchange Customer Agreement, Terms and Conditions

There is no Central Market or Clearinghouse Guarantee of Payment. Each Contract is a contract directly between XXXXX.xxx and the Customer. There is no clearinghouse and no guarantee by any other party of XXXXX.xxx’s payment obligations to the customerCustomer. Customer must look only to XXXXX.xxx for performance on all Contracts in Customer’s Account and for return of any Margin or Collateral.

Appears in 1 contract

Samples: Customer Agreement

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There is no Central Market or Clearinghouse Guarantee of Payment. Each Contract is a contract directly between XXXXX.xxx and the Customer. There is no clearinghouse and no guarantee by any byany other party of XXXXX.xxx’s payment obligations to the customer. Customer must look only to XXXXX.xxx for performance on all Contracts in Customer’s Account and for return of any Margin or Collateral.

Appears in 1 contract

Samples: Customer Agreement

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