Common use of Deficit Clause in Contracts

Deficit. The Client shall be liable for any Deficit resulting from losses and any cost, fee or expense (including legal costs) incurred by the Company, on a full indemnity basis, in relation to the purchase and/or sale of Investment Products pursuant to Clause 6.2 (Client's Failure to Settle).

Appears in 3 contracts

Sources: Client Agreement, Client Agreement, Client Agreement

Deficit. The Client shall be liable for any Deficit resulting from losses and any cost, fee cost or expense (including legal costs) incurred by the Company, on a full indemnity basis, in relation related to the purchase and/or and sale of Investment Products the Allotted Securities pursuant to Clause 6.2 (Client's Failure to Settle)this Appendix IV.

Appears in 1 contract

Sources: Client Agreement