Force Close definition

Force Close or “Force Closure” means for us to close any and all of your open Transactions, whether at a loss or a profit, at a closing price based on the then prevailing quotations or prices offered on the Trading Platform or, if none, at such levels as we consider fair and reasonable.
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Examples of Force Close in a sentence

  • The exercise of our right to Force Close your open Transactions will not result in termination of your Trading Account or of this Agreement.

  • We define a crash to be a user visible failure, i.e., a system alert displaying the message "Force Close" (in Android 2.2) or "Application x stopped unexpectedly" (in Android 4.0).

  • If the prices quoted on the Trading Platform change such that the total difference payable by you pursuant to all of your open Transaction(s) equals or exceeds the total Maintenance Margin for all such Transaction(s), or your Trading Account is in Margin Call, you acknowledge that we have the right to immediately Force Close or partially close and exercise any set-off rights we have in this Agreement, without any notice.

  • And, if less than 1 hour notice is given to the client before the Exchange is closed, the Company reserves the right to make such Force Close immediately for the client without having to receive his/her/its prior approval and/or without having to observe the Equity Balance decreases to zero.

  • During the course of the day, if the value of Equity Balance is less than the Force Close Margin Requirement, the Company will make an immediate call on the client to place additional margin by 15.30 hrs of that day to ensure that the Equity Balance will be leveled back to that of the Maintenance Margin.

  • After being notified by the Company (as in Case 2, A), the client must proceed to place an additional margin or close the position(s) or create the position(s) by any of the above means by 15.30 hrs of that day, otherwise Force Close action will be taken immediately by the Company.

  • In the event that the rate and/or the value of the Client’s Margin is lower than the Force Close Margin, the Client hereby agrees and accepts that the Company may proceed with any acts to close-out the position of Futures on any Business Day as the Company deems appropriate until the rate and/or the value of the Client’s Margin is not lower than the Maintenance Margin.

  • Operation as for the procedures of Margin Call and Force Close of future contracts(1) Adjustments to procedures of Margin Call and Force Close of futures contract shall be made in accordance with minimum standards announced by Futures Industry Club’s Board of Directors.

  • During periods of United States Air Force Close Air Support operations within Fort Knox training, the occupied training area will be closed to non-participating aircraft.

  • The Legislature promptly enacted an act amending the enabling act for the purpose of 'clarifying the scope of the authority' to impose this [RPTT].

Related to Force Close

  • Put Closing shall have the meaning set forth in Section 2.3.8.

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Plant closing means the closing of a plant site or other corporate location that directly results in termination of the Grantee’s Service.

  • Final closure means the closure of all hazardous waste management units at the facility in accordance with all applicable closure requirements so that hazardous waste management activities under sections 264 and 265 of this regulation are no longer conducted at the facility unless subject to the provisions in § 262.34.

  • Pre-Closing Periods means any taxable period ending on or before the Closing Date.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Second Closing has the meaning set forth in Section 2.2.

  • Pre-Closing Period means any Tax period ending on or before the Closing Date.

  • Early Closure means the closure on any Exchange Business Day of the Exchange or the Related Exchange(s) prior to its closing time, unless such earlier closing time is announced by the Exchange or Related Exchange(s) at least one hour prior to the earlier of: (i) the actual closing time for the regular trading session on the Exchange or Related Exchange(s) on such Exchange Business Day and (ii) the submission deadline for orders to be entered into the Exchange or Related Exchange system for execution at the Valuation Time on such Exchange Business Day.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Final Closing means the last closing under the Private Placement;

  • Close of Escrow means the date of the close of escrow between the builder and the original homeowner. With respect to claims by an association, as defined in Section 4080, “close of escrow” means the date of substantial completion, as defined in Section 337.15 of the Code of Civil Procedure, or the date the builder relinquishes control over the association’s ability to decide whether to initiate a claim under this title, whichever is later.

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Post-Closing Agreement shall have the meaning set forth in Section 8.9.

  • Commence means either the unconditional authorization of the preparation of the required plans, or the beginning of the actual work on the Premises, whichever first occurs.

  • First Closing has the meaning set forth in Section 2.1(a).

  • Option Closing Time has the meaning given to it in Section 16(1);

  • Merger Closing means the “Closing” as defined in the Merger Agreement.

  • Time of Closing means 10:00 a.m. (Vancouver time) on the Closing Date, or such other time as the parties may mutually determine;

  • Post-Closing Period means any taxable period or portion thereof beginning after the Closing Date. If a taxable period begins on or before the Closing Date and ends after the Closing Date, then the portion of the taxable period that begins on the day following the Closing Date shall constitute a Post-Closing Period.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.

  • Close links shall mean a situation in which two or more natural or legal persons are linked by:

  • Post-closure means the period after the closure of a storage site, including the period after the transfer of responsibility to the competent authority;

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.