Examples of Margin Facility Terms in a sentence
Upon irrevocable payment in full of all sums which may be or become payable under the Cash Client Agreement and the full performance of the Client's obligations under the Margin Facility Terms, CIF will at the Client's request and expense release to the Client all the rights, title and interests of CIF in the Collateral and will give such Instructions and directions as the Client may require in order to perfect such release.
GTJAS ceases to have any obligations to grant or continue to grant the Margin Facility or to deal or continue to deal in Securities on the Client’s behalf under the Margin Facility Terms, even if the Client has given contrary Instructions.
These Margin Facility Terms apply to the Margin Facility which may from time to time be made available by Velocity to the Customer.
Velocity may from time to time make a Margin Facility available to the Customer, subject to these Margin Facility Terms.
Velocity shall not be liable to the Customer for errors or omissions in connection with the execution, treatment, purchase, exercise or application of any order or other operation in the Accounts, including the fact that Velocity may not exercise the powers conferred to it by these Margin Facility Terms or otherwise, or for any suffered loss or missed profit in the Accounts, unless these errors or omissions result from its gross negligence or intentional fault.
USL ceases to have any obligations to grant or continue to grant the Margin Facility or to deal or continue to deal in Securities on the Client’s behalf under the Margin Facility Terms, even if the Client has given contrary Instructions.
The Client, as beneficial owner, charges in favour of USL by way of first fixed charge all the Client’s respective rights, title, benefits and interests in and to all Collateral as a continuing security for the payment and satisfaction of all monies and liabilities under the Margin Facility Terms which are now or at any time hereafter may be due or owing to USL together with interest.
These Margin Facility Terms shall form part of the Terms and Conditions to which it is attached (“the Agreement”).
The Client shall make statements, declarations, guarantees, and promises that no other person owns any rights and benefits in relation to the Collateral, and promise that, except otherwise stipulated in accordance with the provisions of the Margin Facility Terms, eh shall not sell or realise the Collateral, authorize the Collateral any options, dispose of the Collateral in other ways, and set up or allow the existence of mortgages, collaterals, or other encumbrances in the Collateral.
Notwithstanding the Credit Limit, FUTU SECURITIES may in its absolute discretion extend a credit facility in excess of the Credit Limit and the Client agrees that he or she shall be liable to repay the full amount of any credit facility granted by FUTU SECURITIES in accordance with the terms of the Margin Facility Terms.