Common use of Form of margin Clause in Contracts

Form of margin. Margin must be provided by or on behalf of you in cash or other collateral acceptable to us as determined by us in our sole and absolute discretion. You are obliged to maintain in your account, at all times, sufficient funds to meet all Margin requirements. In addition, we will be entitled to treat any assets deposited by you from time to time (other than assets deposited for safe custody only) as collateral against your Margin requirements. In all cases we will be entitled in our sole and absolute discretion to determine the value of any collateral deposited. We are entitled to require payment of Margin of you by telegraphic transfer or any other method of immediate/electronic funds transfer acceptable to us. Only funds received net of any bank charges, which relate to the transfer, will be credited as paid.