Form of margin. Unless otherwise agreed, margin must be paid in cash. The currency of the cash margin you pay to us shall be the currency of the relevant underlying Transaction (if applicable) or as we may in our discretion reasonably decide from time to time. Cash margin is paid to us as an outright transfer of title and you will not retain any interest in it. Cash margin received by us will be recorded by us as a cash repayment obligation owed by us to you.
Appears in 21 contracts
Sources: Professional Client Agreement, Eligible Counterparty Agreement, Professional Client Agreement
Form of margin. Unless otherwise agreed, margin must be paid in cash. The currency of the cash margin you pay to us shall be the currency of the relevant underlying Transaction (if applicableappli cable) or as we may in our discretion reasonably decide from time to time. Cash margin is paid to us as an outright transfer of title and you will not retain any interest in it. Cash margin received by us will be recorded by us as a cash repayment obligation owed by us to you.
Appears in 3 contracts
Sources: Professional Client Agreement, Professional Client Agreement, Professional Client Agreement
Form of margin. Unless otherwise agreed, margin must be paid in cash. The currency of the cash margin you pay to us shall be the currency cur rency of the relevant underlying Transaction (if applicable) or as we may in our discretion reasonably decide from time to time. Cash margin is paid to us as an outright transfer of title and you will not retain any interest in it. Cash margin received by us will be recorded by us as a cash repayment obligation owed by us to you.
Appears in 3 contracts
Sources: Eligible Counterparty Agreement, Eligible Counterparty Agreement, Eligible Counterparty Agreement
Form of margin. Unless otherwise agreed, margin must be paid in cash. The currency of the cash margin you pay to us shall be the currency of the relevant underlying Transaction (if applicable) or as we may in our discretion reasonably decide from time to timeto time. Cash margin is paid to us as an outright transfer of title and you will not retain any interest in it. Cash margin received by us will be recorded by us as a cash repayment obligation owed by us to you.
Appears in 1 contract
Sources: Retail Client Terms of Business