Common use of Trading or disbursement Clause in Contracts

Trading or disbursement. the Client agrees that Third-Party Broker may place trading, disbursement, or other restrictions on the Client’s Account including, but not limited to, the following circumstances: 4.5.1.1. pursuant to a court order, tax levy or garnishment; 4.5.1.2. at the request of a government agency or law enforcement authority; 4.5.1.3. due to cash up-front restrictions including violations of Regulation T of the Federal Reserve Board and Good Faith Violations; and 4.5.1.4. as permitted by applicable law. The Client agrees to abide by such restriction and not to initiate trades or Transactions which would violate the restriction. The Client will not hold TBCC or Third-Party Broker liable for any trading losses, lost profits, tax obligations or other damages resulting from trading or disbursement restrictions.

Appears in 5 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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