Common use of WHAT ACTION MAY WE TAKE Clause in Contracts

WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.3) we may take all or any of the following actions: (a) immediately require payment of any amount due to us, including Margin; (b) terminate this Client Agreement; (c) close all or any of your open Positions; (d) limit the size of your open Positions either in monthly terms or a number of Positions (net or gross); (e) refuse orders to establish new Positions; (f) convert any ledger balances to the Base Currency of your Account; (g) exercise our rights of set off; (h) change the Margin Percentage; (i) impose new Margin Requirements to your trading or Account; (j) limit or withdraw the credit on your Account; (k) suspend your Account and refuse to execute any trades; (l) call on any guarantee in respect of your obligations; (m) require you immediately to close out and settle the Position in such a manner as we request; (n) enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a Position; (o) combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.318.3) we may take all or any of the following actionsactions immediately or at any time at our sole discretion: (a) 18.2.1 immediately require payment of any amount due to us, including Margin; (b) 18.2.2 terminate this Client Agreement; (c) 18.2.3 close all or any of your open Positions; (d) 18.2.4 limit the size of your open Positions either in monthly terms or a number of Positions (net or gross); (e) 18.2.5 refuse orders to establish new Positions; (f) 18.2.6 convert any ledger balances to the Base Currency of your Account; (g) 18.2.7 exercise our rights of set off; (h) 18.2.8 change the Margin Percentage; (i) 18.2.9 impose new Margin Requirements to your trading or Account; (j) 18.2.10 limit or withdraw the credit on your Account; (k) 18.2.11 suspend your Account and refuse to execute any trades; (l) 18.2.12 call on any guarantee in respect of your obligations; (m) 18.2.13 require you immediately to close out and settle the Position in such a manner as we request; (n) 18.2.14 enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a Position; (o) 18.2.15 combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) 18.2.16 retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.314.3) we may take all or any of the following actions: (a) immediately require payment of any amount due to us, including but not limited to Margin; (b) terminate this Client Agreement; (c) close all or any of your open Positions; (d) limit the size of your open Positions Contracts either in monthly terms or a number of Positions Contracts (net or gross); (e) refuse orders to establish new PositionsContracts; (f) convert any ledger balances to the Base Currency of your Account; (g) exercise our rights of set off; (h) change the Margin Percentage; (i) impose new Margin Requirements to your trading or Account; (j) limit or withdraw the credit on your Account; (k) suspend your Account and refuse to execute any trades; (l) call on any guarantee in respect of your obligations; (m) require you immediately to close out and settle the Position in such a manner as we request; (n) enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a PositionContract; (o) combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or; (p) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists; or (q) if you are a Portfolio Controller or Trade Leader, we may refuse to allow you to continue in these roles.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.318.3) we may take all or any of the following actionsactions immediately or at any time at our sole discretion: (a) 18.2.1 immediately require payment of any amount due to us, including Margin;Margin;‌ (b) 18.2.2 terminate this Client Agreement; (c) 18.2.3 close all or any of your open Positions;Positions;‌ (d) 18.2.4 limit the size of your open Positions either in monthly terms or a number of Positions (net or gross); (e) 18.2.5 refuse orders to establish new Positions;Positions;‌ (f) 18.2.6 convert any ledger balances to the Base Currency of your Account; (g) 18.2.7 exercise our rights of set off; (h) 18.2.8 change the Margin Percentage;Percentage;‌ (i) 18.2.9 impose new Margin Requirements to your trading or Account; (j) 18.2.10 limit or withdraw the credit on your Account; (k) 18.2.11 suspend your Account and refuse to execute any trades;trades;‌ (l) 18.2.12 call on any guarantee in respect of your obligations; (m) 18.2.13 require you immediately to close out and settle the Position in such a manner as we request;request;‌ (n) 18.2.14 enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a Position; (o) 18.2.15 combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) 18.2.16 retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.3) we may take all or any of the following actions: (a) immediately require payment of any amount due to us, including but not limited to Margin; (b) terminate this Client Agreement; (c) close all or any of your open Positions; (d) limit the size of your open Positions Contracts either in monthly terms or a number of Positions Contracts (net or gross); (e) refuse orders to establish new PositionsContracts; (f) convert any ledger balances to the Base Currency of your Account; (g) exercise our rights of set off; (h) change the Margin Percentage; (i) impose new Margin Requirements to your trading or Account; (j) limit or withdraw the credit on your Account; (k) suspend your Account and refuse to execute any trades; (l) call on any guarantee in respect of your obligations; (m) require you immediately to close out and settle the Position in such a manner as we request; (n) enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a PositionContract; (o) combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 1 contract

Samples: Client Agreement

WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.3) we may take all or any of the following actions:; (a) immediately require payment of any amount due to you owe us, including Margin; (b) terminate this Client Agreement; (c) close all or any of your open Positions; (d) limit the size of your open Positions either in monthly terms or a number of Positions Margin FX Contracts (net or gross); (e) refuse orders to establish new Positions; (f) convert any ledger balances to the Base Currency of your Account; (g) exercise our rights of set off; (h) change the Margin Percentagelevel at which we may close your Account; (i) impose new Margin Requirements to your trading Trading or Account; (j) limit or withdraw the credit on your Account; (k) suspend your Account and refuse to execute any trades; (l) call on any guarantee in respect of your obligations; (m) require you immediately to close out and settle the Position Margin FX Contract in such a manner as we requestrequested; (n) enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a PositionMargin FX Contract; (o) combine, close or consolidate any of the Accounts sustained by you and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 1 contract

Samples: Client Agreement

WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.3) we may take all or any of the following actions: (a) immediately require payment of any amount due to us, including Margin; (b) terminate this Client Agreement; (c) close all or any of your open Positions; (d) limit the size of your open Positions either in monthly terms or a number of Positions (net or gross);of (e) refuse orders to establish new Positions; (f) convert any ledger balances to the Base Currency of your Account; (g) exercise our rights of set off; (h) change the Margin Percentage; (i) impose new Margin Requirements to your trading or Account; (j) limit or withdraw the credit on your Account; (k) suspend your Account and refuse to execute any trades; (l) call on any guarantee in respect of your obligations; (m) require you immediately to close out and settle the Position in such a manner as we request; (n) enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a Position; (o) combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 1 contract

Samples: Client Service Agreement

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WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.3) we may take all or any of the following actions: (a) immediately require payment of any amount due to us, including Margin; (b) terminate this Client Agreement; (c) close all or any of your open Positions; (d) limit the size of your open Positions either in monthly terms or a number of Positions (net or gross); (e) refuse orders to establish new Positions; (f) convert any ledger balances to the Base Currency of your Account; (g) exercise our rights of set off; (h) change the Margin Percentage; (i) impose new Margin Requirements to your trading or Account; (j) limit or withdraw the credit on your Account; (k) suspend your Account and refuse to execute any trades; (l) call on any guarantee in respect of your obligations; (m) require you immediately to close out and settle the Position in such a manner as we request;; or (n) enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a Position; (o) combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 1 contract

Samples: Client Agreement

WHAT ACTION MAY WE TAKE. If an Event event of Default occurs (or as otherwise set out in clause 15.3) default occurs, we may take all or any of the following actions: (a) immediately a. Immediately require payment of any amount due to you owe us, including Margin; (b) terminate b. Terminate this Client Agreement; (c) close c. Close all or any of your open Positionspositions; (d) limit d. Limit the size of your open Positions positions either in monthly terms or a number of Positions Contracts (net or gross); (e) refuse e. Refuse orders to establish new Positions; (f) convert f. Convert any ledger balances to the Base Currency of your Account; (g) exercise g. Exercise our rights of set off; (h) change h. Change the Margin Percentage; (i) impose i. Impose new Margin Requirements to your trading or Account; (j) limit j. Limit or withdraw the credit on your Account; (k) suspend k. Suspend your Account account and refuse to execute any trades; (l) call l. Call on any guarantee in respect of your obligations; (m) require m. Require you immediately to close out and settle the Position Contract in such a manner as we requestrequested; (n) enter n. Enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a Position; (o) combineo. Combine, close or consolidate any of the Accounts sustained by you and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) retain p. Retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 1 contract

Samples: Client Agreement

WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.318.3) we may take all or any of the following actionsactions immediately or at any time at our sole discretion: (a) 18.2.1 immediately require payment of any amount due to us, including Margin;. (b) 18.2.2 terminate this Client Agreement; (c) 18.2.3 close all or any of your open Positions; (d) 18.2.4 limit the size of your open Positions either in monthly terms or a number of Positions (net or gross); (e) 18.2.5 refuse orders to establish new Positions; (f) 18.2.6 convert any ledger balances to the Base Currency of your Account; (g) 18.2.7 exercise our rights of set off; (h) 18.2.8 change the Margin Percentage; (i) 18.2.9 impose new Margin Requirements to your trading or Account; (j) 18.2.10 limit or withdraw the credit on your Account; (k) 18.2.11 suspend your Account and refuse to execute any trades; (l) 18.2.12 call on any guarantee in respect of your obligations; (m) 18.2.13 require you immediately to close out and settle the Position in such a manner as manneras we request; (n) 18.2.14 enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a Position; (o) 18.2.15 combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) 18.2.16 retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.

Appears in 1 contract

Samples: Client Agreement

WHAT ACTION MAY WE TAKE. If an Event of Default occurs (or as otherwise set out in clause 15.318.3) we may take all or any of the following actionsactions immediately or at any time at our sole discretion: (a) 18.2.1 immediately require payment of any amount due to us, including Margin;Margin;‌ (b) 18.2.2 terminate this Client Agreement; (c) 18.2.3 close all or any of your open Positions;Positions;‌ (d) 18.2.4 limit the size of your open Positions either in monthly terms or a number of Positions (net or gross); (e) 18.2.5 refuse orders to establish new Positions;Positions;‌ (f) 18.2.6 convert any ledger balances to the Base Currency of your Account; (g) 18.2.7 exercise our rights of set off; (h) 18.2.8 change the Margin Percentage;Percentage;‌ (i) 18.2.9 impose new Margin Requirements to your trading or Account; (j) 18.2.10 limit or withdraw the credit on your Account; (k) 18.2.11 suspend your Account and refuse to execute any trades;trades;‌ (l) 18.2.12 call on any guarantee in respect of your obligations; (m) 18.2.13 require you immediately to close out and settle the Position in such a manner as we request;request;‌ (n) 18.2.14 enter into any transaction at such rates and times as we may determine in order to meet any obligation you may have incurred under a Position; (o) 18.2.15 combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (p) 18.2.16 retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.subsists.‌‌

Appears in 1 contract

Samples: Client Agreement

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