Examples of Margin Facility in a sentence
If granted, the Margin Facility shall only be used by the Customer for financing the purchase of Marginable Securities provided always that the Customer shall not use more than the percentage imposed by DBS Xxxxxxx at its discretion and notified to the Customer of the Margin Facility or such other percentage as DBS Xxxxxxx may at its absolute discretion stipulate from time to time for financing the purchase of any single purchase of Marginable Security.
The Customer acknowledges and agrees that where the Customer has requested, on the Application Form, a Margin Facility from DBS Xxxxxxx or subsequent to the date of the Application Form, the Customer has requested a Margin Facility from DBS Xxxxxxx, the Customer agrees to comply with the terms and conditions of this Section C which shall apply in addition to all other terms and conditions in the other sections of this Agreement and all other documents pertaining to the Margin Facility.
DBS Xxxxxxx shall have the right to reduce, cancel or vary and from time to time review a Margin Facility and nothing in this Agreement shall be deemed to impose on DBS Xxxxxxx any obligation at law or in equity to make or continue to make available to the Customer a Margin Facility.