Common use of FEES AND REMUNERATION Clause in Contracts

FEES AND REMUNERATION. 3.1 The applicable monthly fixed charges, trading commission, profit sharing charges, performance fee charges, annual management fee and other relevant fees payable by the Client to the Authorized Trader for the Authorized Trading shall be calculated based on a cut or fixed percentage from the High Water Mark set forth in the Trading Platform, whereby the charges shall only be applicable when there is a new High Water Mark (“Remuneration”). The Client shall read and accept the applicable Remuneration imposed prior to the Authorized Trading. 3.2 Once the Client accepts the Authorized Trading, the Remuneration shall be automatically deducted from the Client’s Account and paid directly to the Authorized Trader’s Account. 3.3 In the event the Client do not have sufficient funds in the Account for the Authorized Trading, the Client acknowledges that the Authorized Trading shall remain in force and the Client is obliged to pay all outstanding Remuneration for the Authorized Trading upon notice.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

FEES AND REMUNERATION. 3.1 3.1. The applicable monthly fixed charges, trading commission, profit sharing charges, performance fee charges, annual management fee and other relevant fees payable by the Client to the Authorized Trader for the Authorized Trading shall be calculated based on a cut or fixed percentage from the High High-Water Mark set forth in the Trading Platform, whereby the charges shall only be applicable when there is a new High High-Water Mark (“Remuneration”). The Client shall read and accept the applicable Remuneration imposed prior to the Authorized Trading. 3.2 3.2. Once the Client accepts the Authorized Trading, the Remuneration shall be automatically deducted from the Client’s Account and paid directly to the Authorized Trader’s Account. 3.3 3.3. In the event the Client do not have sufficient funds in the Account for the Authorized Trading, the Client acknowledges that the Authorized Trading shall remain in force and the Client is obliged to pay all outstanding Remuneration for the Authorized Trading upon notice.

Appears in 1 contract

Sources: Client Agreement