Common use of TIME ALLOWANCE FOR FORWARDING MARGIN Clause in Contracts

TIME ALLOWANCE FOR FORWARDING MARGIN. We are not obliged to allow you time to forward further funds to meet such margin as is required under this clause 11.5 before exercising our right to close out your Positions. However, where we, in our absolute discretion, do allow you time to meet your margin requirements, that permission will only be effective once it is confirmed in writing by us, and only to the extent specified in the written notice given by us.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

AutoNDA by SimpleDocs

TIME ALLOWANCE FOR FORWARDING MARGIN. We are not obliged to allow you time to forward further funds to meet such margin as is required Margin Requirements under clause 10 or this clause 11.5 11 before exercising our right rights (including to close out your Positions) under this Agreement. However, where we, in our absolute discretion, do allow you time to meet your margin requirementsMargin Requirements, that permission will only be effective once it is confirmed in writing by us, and only to the extent specified in the written notice confirmation given by usus through a Confirmation.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs

TIME ALLOWANCE FOR FORWARDING MARGIN. We are not obliged to allow you time to forward further funds to meet such margin as is required under this clause 11.5 before exercising our right to close out your Positions. However, where we, in our absolute discretion, do allow you time to meet your margin requirements, requirements that permission will only be effective once it is confirmed in writing by us, and only to the extent specified in the written notice given by us.

Appears in 1 contract

Samples: Client Agreement

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