Margin Lending Sample Clauses
Margin Lending. 15.1 Where you have a Margin Loan Account, you acknowledge that you (and not the Margin Lender) will be liable to us or the Broker for all settlement obligations, including any oversold positions.
15.2 Your liability in clause 15.1 arises irrespective of whether your ▇▇▇▇▇▇ ▇▇▇▇▇▇ is able to deliver or advance sufficient cleared funds or securities to satisfy your obligations.
Margin Lending. 6.1 Where you enter into a Margin Lending Agreement, notwithstanding any other terms of this JBWere Multi-Asset Platform Agreement or an Additional Service Agreement, you authorise and direct us to procure the Custodian to:
a. create a Margin Loan Account in respect of your assets that are to be held subject to a security interest under the terms of the Margin Lending Agreement and to permit a security interest to be granted over your assets held from time to time in the Margin Loan Account;
b. subject to obtaining any necessary prior approvals from the Margin Lender, draw loan funds under the Margin Lending Agreement, to:
i. acquire assets to be held on your behalf in your Margin Loan Account in accordance with instructions from you or your Authorised Person; or
ii. pay any Amount Owing (which may be paid to us via your Cash Account);
c. act on any instructions given by you or your Authorised Person or to act in accordance with the terms of the JBWere Multi-Asset Platform Agreement or an Additional Service Agreement (including after receipt of a notice of termination under the Margin Lending Agreement) to deal in the secured assets (for the purposes of this clause 6, whether by way of sale, transfer or other disposal) in your Margin Loan Account or in relation to your Cash Account only with the prior approval of the Margin Lender;
d. act on instructions from the Margin Lender (notwithstanding any contrary, or the absence of any, instructions from you or your Authorised Person or contrary terms under the JBWere Multi-Asset Platform Agreement or an Additional Service Agreement), to:
i. deal in the secured assets in your Margin Loan Account;
ii. request redemption of units or debit of funds, as the case may be, from your Cash Account (including for the purpose of reducing your loan balance at any time); and
iii. pay to the Margin Lender or otherwise at the Margin Lender’s direction A. the proceeds of any dealing in secured assets or any request for redemption of units or debit of funds from your Cash Account (including if any such dealing occurs on the instructions of you or your Authorised Person); and
Margin Lending. Transactions subject to loan or other debt finance for any Assets shall not be allowed on the Platform.
Margin Lending. Members of the Company's key management personnel (including Directors) or a closely related party of such a member must not enter into any margin lending or other secured financing arrangements in relation to the Company's securities without first notifying the Board.
Margin Lending. 6.1. The Company provides a margin account for trading in stocks and ETFs, offering clients a loan to increase their buying power specifically for these securities. This is also referred to as Margin Lending.
6.2. The maximum level of Margin Lending varies according to the margin requirements of each financial instrument. The initial margin required to open a position is calculated as the position's value divided by the Margin Lending offered for that specific instrument.
6.3. For more information on the Margin Lending offered in all instruments offered by the Company please refer to the Margin Lending Policy on our website.
6.4. Using Margin Lending increases the potential for loss or profits.
6.5. You will be charged an Annual Interest rate on Margin that the Company has lent to you . The Company may change the Annual Interest rate from time to time at its sole discretion.
6.6. In deciding whether to open a position using Margin Lending, you acknowledge that you are aware of the Interest charge. You hereby authorize us to add or subtract the Interest charge to or from your Account for any open Transactions, in accordance with the applicable Interest rate .
6.7. The Company has the right to change the level of Margin Lending per financial instrument (i.e. lower/higher to be provided) without prior notice, according to the conditions described on the Margin Lending Policy which can be found at the Website of the Company.
6.8. An automatic change in the level of Margin Lending pursuant to the rules established by the Company, as well as a change in levels made by the Client through the App will result in a recalculation of the Margin requirements for all of the Client's positions.
6.9. The Company has the right:
(a) To dynamically change the Margin level on the Client Accounts if the Company has ascertained that doing so will mitigate risks arising from extreme market movements due to significant events or announcements. This change will affect only order as well as the transactions to be opened after the announcement of changing of the leverage level of margin requirements. The Company will take all reasonable steps to inform its clients in a durable medium but it is always suggested to the clients to find the most accurate and recent information in the instruments info on the App. .
(b) To limit the level of the offered Margin Lending and/or to increase the size of Margin requirements before macroeconomic events and/or news capable of significantly affect...
Margin Lending. (a) The Company is not engaged principally, or as one of its important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying "margin stock" (within the meaning of Regulation U and Regulation X of the Board of Governors of the Federal Reserve System (or any successor)), and the aggregate market value of all "margin stock" owned by the Company does not exceed 25% of the aggregate value of the assets thereof, as determined by the board of directors of the Company (and certified by a senior financial officer of the Company to the Lender) on each Utilisation Date.
(b) None of this Agreement, the extension of credit contemplated hereby or the use of the proceeds thereof will violate or be inconsistent with the provisions of Regulation U or Regulation X of the Board of Governors of the Federal Reserve System (or any successor), in each case as in effect now or as the same may hereafter be in effect.
Margin Lending. Directors and Key Management Personnel may only enter into a margin lending arrangement if they have complied with this policy (in particular, with regard to restrictions on transactions in products which operate to limit the economic risk of holding Traffic Technologies securities). Subject to the above and subject to the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ provision of the Corporations Act (refer Section 1), it is not a breach of this policy if a Director or a member of the Key Management Personnel has entered into a margin lending arrangement in respect of Traffic Technologies securities and a disposal of such securities occurs as a result of a secured lender exercising its rights under that arrangement.
Margin Lending a Peer to Peer lending service, allowing users to borrow/lend VFAs to one another and earn interest.
Margin Lending. Using debt financing for Assets, which is not permitted.