Common use of Collateral Management Fees Clause in Contracts

Collateral Management Fees. ABX shall charge a Monthly Collateral Management Fee on PTM’s Bullion Account in accordance with this Clause 20.8.5. For the avoidance of doubt, Collateral Management Fees shall be incurred by PTM on a day an eVW is released or cancelled, regardless of time of release or cancellation on said day.

Appears in 2 contracts

Sources: Proprietary Trading Member Account Agreement, Proprietary Trading Member Account Agreement