Common use of Commissions Fees and Expenses Clause in Contracts

Commissions Fees and Expenses. a) In addition to any other fees or charges set out in these Terms, the Client agrees to pay: i. an amount equal to any other fee charged or levied on Moonance, or other expense incurred by Moonance, arising from any action taken pursuant to this Agreement; and ii. all relevant taxes and expenses incurred by the Client in connection with this Agreement. b) The Client confirms and acknowledges that Moonance is, without limiting its powers to recover amounts owing by the Client to Moonance in any other way, permitted to deduct, without further reference to the Client, charges relating to any services provided by Moonance including administration charges (including but not limited to fees associated with returned cheques, payment processing, debt collection and telephone transcript copies), charges relating to the use of the Online Services and any transaction fees charged to Moonance by others with respect to the Client’s transactions including, but not limited to tracing fees. c) Moonance may in its absolute discretion waive or reduce fees or transaction charges, for individual clients or for classes of clients, for any length of time, with or without conditions, without notice. d) The Client acknowledges that should they affect an Order with Moonance, the Client must pay all transaction charges, fees, settlements, interest and any other amounts due under this Agreement on demand by Moonance in cleared funds or otherwise as required in accordance with the terms of this Agreement. e) The Client agrees that Moonance may at any time share transaction fees and charges with any other persons without being required to disclose the sharing of such fees and charges to the Client unless such disclosure is required by Law. f) The Client agrees and understands that the Company has established, implemented and maintains an Inactive and Dormant Account Policy that is as follows: When a client with any trading account(s) held with the Company under any of its brands has not: i. Placed a trade; ii. Opened or closed positions; and iii. Made a deposit into the client’s trading account, for a period of at least 30 consecutive days, his account shall be classified by the Company as an Inactive Account.