Transactions and Settlement. All orders for sale of my Property will be given by me and executed with the distinct understanding that an actual sale is intended and that it is my intention and obligation in every case to deliver Property to cover any and all sales.
Transactions and Settlement. 25 9.1 Checks.............................................................. 25 9.2
Transactions and Settlement. 5.1. You are hereby expressly authorized to expend funds, advance sums, sign forms and contracts and perform all acts necessary to effect all instructions and transactions in accordance with this Agreement, and I acknowledge and accept that I am bound by, and hereby ratify, all such acts performed by you.
5.2. All orders for the sale, transfer or disposition of any Security shall be, and shall be deemed to be, given by me to you with the clear understanding, representation and warranty that an actual sale, transfer or disposition is intended and that it is my intention and obligation in every case to deliver such Securities to cover any and all sales, transfers or dispositions and I hereby agree to abide by the terms of any such transactions.
5.3. All orders for the purchase or acquisition of any Security shall be, and shall be deemed to be, given by me with the clear understanding, representation and warranty that an actual purchase or acquisition is intended and that it is my intention and obligation in every case to receive and pay for the Security and that I will do so immediately upon demand.
5.4. I acknowledge and agree that you may, at your sole and absolute discretion, accept instructions for and execute short sales of Securities on my behalf. In the event that you make a short sale of any Security at my direction or in case I fail to deliver to you any Security which you have sold at my direction, you are hereby irrevocably authorized to buy any amount of the Security or Securities necessary to enable you to make delivery to the purchaser(s) or transferee(s) and I shall be liable to you and responsible for, and shall indemnify and hold you harmless in respect of any costs or losses you may incur (including your fees, commission, charges or other service costs) in obtaining any such Securities. Revised March 2019 0X Xxxxxxxxx Xxxx, Xxxxxxxx 5 / 00 Xxxxxxx Xxxx, Xxxxxxxx 10 , Fax: (000) 000-0000 Tel: (000) 000-0000
5.5. I agree that no settlement of my account(s) may occur and I shall not be entitled to be paid any amounts standing to the credit of any of my accounts without your first receiving all Securities for which the account is short, provided that any such settlement or payment shall not prejudice any claim by you for the recovery of Securities for which the account is short.
5.6. I agree that all Securities in which the account(s) are long must be paid for in full before any Security is delivered to me.
5.7. All instructions or representati...
Transactions and Settlement. All purchase transactions are cash purchases and will be settled immediately from your pre- funded Account. All sale transactions are sales of free trading stock and will be settled immediately from your holdings. There are no margin accounts, shorting, options, or other types of trading with your Account. There may be restricted securities which cannot be sold until the restrictions are lifted. At the moment of entering a sell order into OBS, the full amount of the stock offered will be reserved in your trading Account. Until the sell order expires or is cancelled, the amount of stock will not be available to be used for any other purpose, including other sell orders. At the moment of entering a buy order into OBS, the full amount of the value of the stock being purchased plus any associated fees and commissions will be placed in escrow. Until the buy order expires or is cancelled, the amount of funds will not be available to be used for any other purpose, including other buy orders.
Transactions and Settlement. The purchase and sale of securities through the OpenIPO System are settled on "settlement date," which generally shall be the third business day after an OpenIPO Bid is accepted by Broker and or the Underwriters. If funds for settlement are not available in the Account and your OpenIPO bid is accepted, your payment via wire or personal check or money order must immediately be submitted to Broker. The payment must be sent to the Broker's clearing firm if the broker uses a clearing firm. If payment is not received, at Broker's discretion, your Account may be liquidated without prior notice. In the event your Account is liquidated, you will be liable for resulting losses and all associated costs incurred by Broker and/or the Underwriters.
Transactions and Settlement. All sale transactions will be “long” sales unless the Client specify otherwise at the time the order is entered. If the Client does not supply by settlement, in good form, securities sold on the Client’s order, BBVI may without further notice borrow or buy‐in the securities required and the Client agrees to reimburse BBVI for all loss, damage, cost or expense suffered or incurred by BBVI through such action or by the Client’s failure to make delivery. Any account that purchases a security without sufficient available funds or margin, may have that purchase cancelled or that security liquidated at BBVI 's discretion, without notice. All orders accepted by BBVI are good until either executed or cancelled on the day of entry, unless a longer period is specified by the Client. BBVI may require written instructions from the Customer before executing any transactions for the account and has the right to refuse purchase or sale instructions whenever BBVI deems it necessary for its protection without the requirement to communicate such refusal to the Client; the Client agrees to waive any and all claims against BBVI for loss or damage arising from or related to any such refusal. BBVI may execute transactions through the counter party and exchange of its choice when acting as agent in the purchase and sale of securities. BBVI or any of its affiliates may from time to time act as counter party in transactions executed on the Client’s behalf. The Client agrees this may take place from time to time and waive any and all claims against BBVI, its officers/directors and/or its affiliates for loss or damage arising from these transactions. BBVI may, but is not obligated to, effect conversions, exercise subscription rights (including warrants), and buy or sell currencies as necessary to reduce debit balances in the Client’s account. BBVI will accept verbal, written, or electronic instructions from authorized signatories to execute securities transactions; however requests to transfer assets from an account must be made and confirmed in writing. All orders for the purchase and sale of securities and/or other property in the Client’s Account will be authorized by the Client and executed by BBVI or its agents in reliance that an actual purchase or sale is intended by the Client. The Client agrees to deliver such securities and/or other property to cover long positions and to pay for purchase orders immediately on BBVI’s demand. In the case of a sale of securities and/or other...
Transactions and Settlement a) Unless otherwise specified by DJFZ, the Customer may enter into Transactions with DJFZ on a spot, forwards or options basis.
b) DJFZ may agree with the Customer to enter into any Transaction on a physical delivery basis. In that case, DJFZ and the Customer will agree on the terms of the Transaction including but not limited to, the quantity, quality and form of the Precious Metal to be delivered, its price and Premium or Discount, and the date, place and method of delivery.
c) Except as provided in Clause 8.b, actual delivery of Precious Metal pursuant to a Transaction may not be required. The Customer shall instruct by 13.00 Dubai time on the Business Day immediately prior to the Value Date of each Transaction, that it will either i) Settle the transaction by corresponding payments of money and precious metals to Close Out that Transaction; or
ii) Roll-‐over that Transaction by replacing the matured obligations under that Transaction by new obligations on such terms as the Customer and DJFZ shall agree; or
iii) Settle the transaction into underlying accounts in precious metals and currencies held by the customer with DJFZ.
Transactions and Settlement
