Common use of WITHDRAWING CREDIT FROM YOUR ACCOUNT Clause in Contracts

WITHDRAWING CREDIT FROM YOUR ACCOUNT. When your account is in credit, you may request us to send you a cheque or effect payment by alternative means of the amount in credit of such amount as you may specify. But, we may at our discretion withhold from the amount of the credit balance if: a. Any overnight position on your account shows a notional loss; b. We reasonably consider that further amounts may be required to meet any current or future margin requirement on open positions due to underlying market conditions; c. If you have any contingent liability to us (or to any of our associates), in respect of any other account open with us; d. We reasonably determine that there is an unresolved dispute between us and you in connection with this Agreement or any margin FX contract or CFD; or e. We consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations, and we will notify you as soon as reasonably practicable if we decide to take such action.

Appears in 4 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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WITHDRAWING CREDIT FROM YOUR ACCOUNT. When your account Account is in credit, you may request us to send you a cheque or that we effect payment by alternative means of the amount in credit of such amount as you may specify. But, we may at our discretion withhold from the amount of the credit balance if: a. Any (a) any overnight position Contract on your account Account shows a notional loss; b. We reasonably (b) we consider that further amounts may be required to meet any current or future margin requirement on open positions Positions due to underlying market Underlying Market conditions; c. If (c) if you have any contingent liability to us (or to any of our associates), in respect of any other account Account open with us; d. We reasonably (d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement or any margin FX contract or CFDContracts; or e. We (e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations, and we will will, except where paragraph 17.4(e) applies, notify you as soon as reasonably practicable if we decide to take such action.

Appears in 3 contracts

Samples: Client Agreement, Client Service Agreement, Client Agreement

WITHDRAWING CREDIT FROM YOUR ACCOUNT. When your account is in credit, you may request us to send you a cheque or effect payment by alternative means of the amount in credit of such amount as you may specify. But, we may at our discretion withhold from the amount of the credit balance if: a. Any overnight position on your account shows a notional loss; b. We reasonably consider that further amounts may be required to meet any current or future margin Margin requirement on open positions due to underlying market conditions; c. If you have any contingent liability to us (or to any of our associates), in respect of any other account open with us; d. We reasonably determine that there is an unresolved dispute between us and you in connection with this Agreement or any margin Margin FX contract or CFD; or e. We consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations, and we will notify you as soon as reasonably practicable if we decide to take such action. and we will, except where paragraph 17.4(e) applies, notify you as soon as reasonably practicable if we decide to take such action.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

WITHDRAWING CREDIT FROM YOUR ACCOUNT. When your account Account is in credit, you may request us to send you a cheque or effect payment by alternative means of the amount in credit of such amount as you may specify. But, we may at our discretion withhold from the amount of the credit balance if: a. Any a) any overnight position Position on your account shows a notional loss; b. We b) we reasonably consider that further amounts may be required to meet any current or future margin requirement on open positions Positions due to underlying market Underlying Market conditions; c. If c) if you have any contingent liability to us (or to any of our associatesAssociates), in respect of any other account Account open with us; d. We d) we reasonably determine that there is an unresolved dispute between us and you in connection with this Agreement or any margin Margin FX contract or CFDContract; or e. We e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations, and we will will, except where paragraph 16.4(e) applies, notify you as soon as reasonably practicable if we decide to take such action.

Appears in 1 contract

Samples: Client Agreement

WITHDRAWING CREDIT FROM YOUR ACCOUNT. When your account Account is in credit, you may request us to send you a cheque or effect withdrawal payment by alternative means of our available methods for the amount in credit of such amount as you may specify. But, we may at our discretion withhold from f rom the amount of the credit balance ifif : a. Any overnight position on your account Account shows a notional loss; b. We reasonably consider that further amounts may be required to meet any current or future margin requirement Margin Requirement on open positions due to underlying market conditions; c. If you have any contingent liability to us (or to any of our associatesAssociates), in respect of any other account Account open with us; d. We reasonably determine that there is an unresolved dispute between us and you in connection with this Agreement or any margin Margin FX contract or CFD; or e. We consider it necessary or desirable to withhold such an amount to comply with our regulatory or legal obligations, and we will notify you as soon as reasonably practicable if we decide to take such action.

Appears in 1 contract

Samples: Client Agreement

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WITHDRAWING CREDIT FROM YOUR ACCOUNT. When your account Account is in credit, you may request us to send you a cheque or that we effect payment by alternative means of the amount in credit of such amount as you may specify. But, we may at our discretion withhold from the amount of the credit balance if: a. Any a) any overnight position Contract on your account Account shows a notional loss; b. We reasonably b) we consider that further amounts may be required to meet any current or future margin requirement on open positions Positions due to underlying market Underlying Market conditions; c. If c) if you have any contingent liability to us (or to any of our associates), in respect of any other account Account open with us; d. We reasonably d) we determine that there is an unresolved dispute between us and you in connection with this Client Agreement or any margin FX contract or CFDContracts; or e. We e) we consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations, and we will will, except where paragraph 18.3(e) applies, notify you as soon as reasonably practicable if we decide to take such action.

Appears in 1 contract

Samples: Client Agreement

WITHDRAWING CREDIT FROM YOUR ACCOUNT. When your account Account is in credit, you may request us to send you a cheque or effect payment by alternative means of the amount in credit of such amount as you may specify. But, we may at our discretion withhold from the amount of the credit balance if: a. Any overnight position on your account Account shows a notional loss; b. We reasonably consider that further amounts may be required to meet any current or future margin requirement Margin Requirement on open positions due to underlying market conditions; c. If you have any contingent liability to us (or to any of our associatesAssociates), in respect of any other account Account open with us; d. We reasonably determine that there is an unresolved dispute between us and you in connection with this Agreement or any margin Margin FX contract or CFD; or e. We consider it necessary or desirable to withhold such amount to comply with our regulatory or legal obligations, and we will notify you as soon as reasonably practicable if we decide to take such action.

Appears in 1 contract

Samples: Client Agreement

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