MARGIN OBLIGATIONS Clause Samples

MARGIN OBLIGATIONS a) The Client must pay to Moonance such amounts of Margin as it may require under this Agreement. b) A ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ is credited by ▇▇▇▇▇▇▇▇ at the time cleared funds have been received into the Client Account or such earlier time as allowed by Moonance, so a Margin requirement for any anticipated or Open Positions by Moonance is not satisfied unless and until the Client’s payment is received in cleared funds into the Client Account. c) Moonance will not be liable for any losses including losses arising from real or Open Positions if a Margin Deposit or payment is not received in cleared funds into the Client Account. d) The Client must maintain at least the amount of Margin required by Moonance whether or not Moonance gives any notice to the Client to make those payments if the Client has actual notice of the required amount. The required amount of Margin can change continuously, including over the weekend or other non-trading days e) It is the Client’s sole responsibility to always monitor through the Moonance Trading Platform any notifications that Moonance may, but is not obliged to, provide, the Margin deposited or any Minimum Margin requirement under this Agreement having regard to such matters as: i. your open Positions; ii. the volatility of any relevant Underlying Instrument; iii. the volatility of the Underlying Market and the markets generally. iv. any applicable Exchange Rate risk; and v. the time it will take for you to remit sufficient cleared funds to Moonance. f) The Client must ensure that for as long as they have an Open Position, their account is sufficiently funded to cover the required Margin. If not, the Client’s Open Position may be Closed Out by Moonance without prior notice to the Client. g) Moonance may, in its absolute discretion, provide the Client with further time to meet their Margin Requirements. Such permission will only be effective once confirmed in writing by ▇▇▇▇▇▇▇▇ and only to the extent provided in the notice. h) If Moonance asks the Client to transfer money to it to meet its Margin requirement, the client must take this action immediately. If they don’t, ▇▇▇▇▇▇▇▇ will consider it a Default Event under these terms. Moonance may also cancel any Orders or Close-Out one or more of the Client’s positions or part of their positions at its sole discretion without being liable to the Client, regardless of whether the Client transfers additional money to it.
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MARGIN OBLIGATIONS. 9.1. We allow you to trade in financial instruments offered by us with a contract value greater than the balance you hold on your Trading Account, by using Leverage. When you trade on a leveraged Account, the actual funds that you are required to commit to a contract is referred to as the Margin. For example, if your account is leveraged 1:100 and the value of your contract is €50,000, the Margin you are required to hold is €500. Accordingly, you are obliged to maintain sufficient funds in your Trading Account at all times to be able to meet the Margin Requirements. 9.2. When you are close to breaching the Margin Requirements, you may receive a Margin Call from us, informing you that you have not enough Margin to place Orders or maintain Open Positions. 9.3. Where your Trading Account has no sufficient funds to maintain Open Positions, we may close or terminate any or all of your Open Positions, with our without notice to you, in which case we are entitled to close all of your margined Transactions. 9.4. You may increase the amount of Free Margin available in your Trading Account by: (a) closing out or reducing one or more Open Positions and/or (b) depositing additional funds into your Trading Account.
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MARGIN OBLIGATIONS. The Client must pay Global Femic Services Limited such amounts of Margin as it may require under this Agreement. A ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ is credited by Global Femic Services Limited at the time cleared funds have been received into the Client Account or such earlier time as allowed by Global Femic Services Limited, so a Margin requirement for any anticipated or Open Positions by Global Femic Services Limited is not satisfied unless and until the Client’s payment is received in cleared funds into the Client Account. Global Femic Services Limited will not be liable for any losses including losses arising from real or Open Positions if a Margin Depositor payment is not received in cleared funds into the Client Account. The Client must maintain at least the amount of Margin required by Global Femic Services Limited whether or not Global Femic Services Limited gives any notice to the Client to make those payments if the Client has actual notice of the required amount. The required amount of Margin can change continuously, including over the weekend or other non-trading days. It is the Client’s sole responsibility to monitor at all times through the Global Femic Services Limited Trading Platform any notifications that Global Femic Services Limited may, but is not obliged to, provide, the Margin deposited or any Minimum Margin requirement under this Agreement having regard to such matters as: i. your open Positions; ii. the volatility of any relevant Underlying Instrument; iii. the volatility of the Underlying Market and the markets generally; iv. any applicable Exchange Rate risk; and v. the time it will take for you to remit sufficient cleared funds to Global Femic Services Limited. The Client must ensure that for as long as they have an Open Position, their account is sufficiently funded to cover the required Margin. If not, the Client’s Open Position may be Closed Out by Global Femic Services Limited without prior notice to the Client. Global Femic Services Limited may, in its absolute discretion, provide the Client with further time to meet their Margin Requirements. Such permission will only be effective once confirmed in writing by Global Femic Services Limited and only to the extent provided in the notice. If Global Femic Services Limited asks the Client to transfer money to it to meet its Margin requirement, the client must take this action immediately. If they don’t, Global Femic Services Limited will consider it a Default Event under these terms. Global Femic...
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MARGIN OBLIGATIONS ľkg Clig⭲ť musť paQ ťo Ḻgadi⭲g Allia⭲cg suck amou⭲ťs of Maígi⭲ as iť maQ ígquiíg u⭲dgí ťkis Agíggmg⭲ť. A Maígi⭲ Dgposiť is cígdiťgd bQ Ḻgadi⭲g Allia⭲cg ať ťkg ťimg clgaígd fu⭲ds ka:g bgg⭲ ígcgi:gd i⭲ťo ťkg Clig⭲ť Accou⭲ť oí suck gaíligí ťimg as allowgd bQ Ḻgadi⭲g Allia⭲cg, so a Maígi⭲ ígquiígmg⭲ť foí a⭲Q a⭲ťicipaťgd oí Opg⭲ Posiťio⭲s bQ Ḻgadi⭲g Allia⭲cg is ⭲oť saťisfigd u⭲lgss a⭲d u⭲ťil ťkg Clig⭲ť’s paQmg⭲ť is ígcgi:gd i⭲ clgaígd fu⭲ds i⭲ťo ťkg Clig⭲ť Accou⭲ť. Ḻgadi⭲g Allia⭲cg will ⭲oť bg liablg foí a⭲Q lossgs i⭲cludi⭲g lossgs aíisi⭲g fíom ígal oí Opg⭲ Posiťio⭲s if a Maígi⭲ Dgposiť oí paQmg⭲ť is ⭲oť ígcgi:gd i⭲ clgaígd fu⭲ds i⭲ťo ťkg Clig⭲ť Accou⭲ť. ľkg Clig⭲ť musť mai⭲ťai⭲ ať lgasť ťkg amou⭲ť of Maígi⭲ ígquiígd bQ Ḻgadi⭲g Allia⭲cg wkgťkgí oí ⭲oť Ḻgadi⭲g Allia⭲cg gi:gs a⭲Q ⭲▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇⭲▇ ▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇⭲▇▇ of ťkg Clig⭲ť kas acťual ⭲oťicg of ťkg ígquiígd amou⭲ť. ľkg ígquiígd amou⭲ť of Maígi⭲ ca⭲ cka⭲gg co⭲ťi⭲uouslQ, i⭲cludi⭲g o:gí ťkg wggkg⭲d oí oťkgí ⭲o⭲-ťíadi⭲g daQs. Iť is ťkg Clig⭲ť’s solg ígspo⭲sibiliťQ ťo mo⭲iťoí ať all ťimgs ťkíougk ťkg Ḻgadi⭲g Allia⭲▇▇ ▇▇▇▇▇⭲g Plať- foím a⭲Q ⭲oťificaťio⭲s ťkať Ḻgadi⭲g Allia⭲cg maQ, buť is ⭲oť obliggd ťo, pío:idg, ťkg Maígi⭲ dgposiť- gd oí a⭲Q Mi⭲imum Maígi⭲ ígquiígmg⭲ť u⭲dgí ▇▇▇▇ ▇▇▇▇▇▇▇⭲ť ka:i⭲g íggaíd ťo suck maťťgís as:
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MARGIN OBLIGATIONS. 3.1 The Customer further agrees that any instructions accepted by Renaissance are accepted in reliance on the Customer’s undertaking to perform its obligations to provide Margin under this Margin Schedule. If at any time on a Business Day, the Margin Requirement exceeds the Available Margin, Renaissance may require, in accordance with Clause 3.4 below, that the Customer transfers to the Cash Account and/or the Securities Account (each term as defined in this Agreement), as may be applicable, in order and in such amount that Available Margin, after giving effect to such transfer, is at least equal to the Margin Requirement on the date of transfer. 3.2 If the Customer fails to perform the actions required by Renaissance in accordance with Clause 3.1 hereof and pursuant to the terms of the relevant Margin Call Notice, Renaissance shall have the right and the power to Set Off (as per Clause 16 of the Investment Services Agreement) and/or dispose and/or use for its own purposes any property or assets held under any account or any agreement between the Customer and Renaissance, or any Associated Firm of Renaissance or declare an Early Termination Date in respect of one or more ISDA Transactions in the required amount in order that the Available Margin shall thereafter be increased so as to be either closer to, equal to or greater than the Margin Requirement. Renaissance may dispose all or any of the Securities used for Margin Requirement purposes or provided as collateral in any manner which, in its absolute discretion, it deems fit provided that such disposal or sale will always take into consideration the then current best practice market standards. Renaissance will make efforts so that all disposals and sales are made as close as possible to their market price. The Customer however agrees and understands that this may not be possible in every instance and that losses may occur during such disposals as the disposal may occur at unfavorable periods for the price of the stock or at periods of low liquidity for the specific stock. 3.3 If Renaissance notifies the Customer (such notice may be sent by Renaissance to the Customer by electronic messaging system or by automatic facsimile transmission and hereinafter referred to as a "Margin Call Notice") at or before 12.00hrs Nicosia time, on any Business Day that the Margin Requirement exceeds the Available Margin, the Customer shall make delivery of the requisite amount of Margin or effect the required close-out (in ...
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MARGIN OBLIGATIONS. 1. Client must pay to us such amounts of Margin as we may require under this Agreement. 2. It is your responsibility to ensure that funds sent to us are correctly designated, including, where applicable, that the money is for Margin and to which of your Accounts the money should be applied. 3. It is your sole responsibility to monitor at all times through the trading platform any notifications that we may, but are not obliged to, provide, with respect to the Margin deposited or any Minimum Margin requirement under this Agreement having regard to such matters as: a. your open Positions; b. the volatility of any relevant Underlying Instrument; c. the volatility of the Underlying Market and the markets generally; d. any applicable Exchange Rate risk; and e. the time it will take for you to remit sufficient cleared funds to us. 4. You must always ensure your Account balance meets the higher of the Margin Requirement or the Minimum Margin Requirement. 5. We may, in our absolute discretion, provide you with further time to meet your Margin Requirements. Such permission will only be effective once confirmed in writing by us, and only to the extent specified in that written notice. 6. Any variation of the Margin Percentage and/or increase in Margin or Minimum Margin requirement will be due and payable immediately on our demand.
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Related to MARGIN OBLIGATIONS

  • ▇▇▇▇▇ OBLIGATIONS A ▇▇▇▇▇▇▇'s acceptance of funds directly under the Grant or indirectly through a subaward acts as acceptance of the authority of the State, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. In accordance with the legislative audit committee, DFPS can request any documentation, at any time, to be sent to DFPS to a location DFPS chooses. Examples of documentation that DFPS may request include, but are not limited to: 1. Participant files in their entirety. This includes, but is not limited to: a. Progress notes. b. Action plans. c. Registration forms. d. Surveys. e. Sign-in sheets. f. Monthly tracking forms.

  • Negative Obligations any obligation not to do anything includes an obligation not to suffer, permit or cause that thing to be done;

  • The Obligations The security interest granted hereunder shall secure the payment of all indebtedness and the performance of all obligations of the Debtor to the Secured Party of every type and description, whether now existing or hereafter arising, fixed or contingent, as primary obligor or as guarantor or surety, acquired directly or by assignment or otherwise, liquidated or unliquidated, regardless of how they arise or by what agreement or instrument they may be evidenced, including without limitation all loans, advances and other extensions of credit and all covenants, agreements, and provisions contained in all loan and other agreements between the parties (the “Obligations”).

  • Certain Obligations Whenever this Agreement requires any of the Subsidiaries of any Party to take any action, this Agreement will be deemed to include an undertaking on the part of such Party to cause such Subsidiary to take such action.

  • Compliance Obligations All GE employees are obligated to comply with the requirements — the “letter”— of GE’s compliance policies set forth in The Spirit & The Letter. These policies implement the GE Code of Conduct and are supplemented by compliance procedures and guidelines adopted by GE business components and/or affiliates. A summary of some of the key compliance obligations of GE employees follows: IMPROPER PAYMENTS • Always adhere to the highest standards of honesty and integrity in all contacts on behalf of GE. Never offer bribes, kickbacks, illegal political contributions or other improper payments to any customer, government official or third party. Follow the laws of the United States and other countries relating to these matters. • Do not give gifts or provide any entertainment to a customer or supplier without prior approval of GE management. Make sure all business entertainment and gifts are lawful and disclosed to the other party’s employer. • Employ only reputable people and firms as GE representatives and understand and obey any requirements governing the use of third party representatives. INTERNATIONAL TRADE CONTROLS • Understand and follow applicable international trade control and customs laws and regulations, including those relating to licensing, shipping and import documentation and reporting, and record retention requirements. • Never participate in boycotts or other restrictive trade practices prohibited or penalized under United States or applicable local laws. • Make sure all transactions are screened in accordance with applicable export/import requirements; and that any apparent conflict between U.S. and applicable local law requirements, such as the laws blocking certain U.S. restrictions adopted by Canada, Mexico and the members of the European Union, is disclosed to GE counsel. MONEY LAUNDERING PREVENTION • Follow all applicable laws that prohibit money laundering and that require the reporting of cash or other suspicious transactions. • Learn to identify warning signs that may indicate money laundering or other illegal activities or violations of GE policies. Raise any concerns to GE counsel and GE management. PRIVACY • Never acquire, use or disclose individual information in ways that are inconsistent with GE privacy policies or with applicable privacy and data protection laws, regulations and treaties. • Maintain secure business records of information, which is protected by applicable privacy regulations, including computer-based information. SUPPLIER RELATIONSHIPS • Only do business with suppliers who comply with local and other applicable legal requirements and any additional GE standards relating to labor, environment, health and safety, intellectual property rights and improper payments. • Follow applicable laws and government regulations covering supplier relationships. • Provide a competitive opportunity for suppliers to earn a share of GE’s purchasing volume, including small businesses and businesses owned by the disadvantaged, minorities and women. REGULATORY EXCELLENCE • Be aware of the specific regulatory requirements of the country and region where the work is performed and that affect the GE business. • Gain a basic understanding of the key regulators and the regulatory priorities that affect the GE business. • Promptly report any red flags or potential issues that may lead to a regulatory compliance breach. • Always treat regulators professionally and with courtesy and respect. • Assure that coordination with business or corporate experts is sought when working with or responding to requests of regulators. WORKING WITH GOVERNMENTS • Follow applicable laws and regulations associated with government contracts and transactions. • Be truthful and accurate when dealing with government officials and agencies. • Require any supplier or subcontractor providing goods or services for GE on a government project or contract to agree to comply with the intent of GE’s Working with Governments policy and applicable government contract requirements. • Do not do business with suppliers or subcontractors that are prohibited from doing business with the government. • Do not engage in employment discussions with a government employee or former government employee without obtaining prior approval of GE management and counsel. COMPLYING WITH COMPETITION LAWS • Never propose or enter into any agreement or understanding with a GE competitor to fix prices, terms and conditions of sale, costs, profit margins or other aspects of the competition for sales to third parties. • Do not propose or enter into any agreements or understandings with GE customers restricting resale prices. • Never propose or enter into any agreements or understandings with suppliers that restrict the price or other terms at which GE may resell or lease any product or service to a third party. ENVIRONMENT, HEALTH & SAFETY • Conduct your activities in compliance with all relevant environmental and worker health and safety laws and regulations and conduct your activities accordingly. • Ensure that all new product designs or changes or service offerings are reviewed for compliance with GE guidelines. • Use care in handling hazardous materials or operating processes or equipment that use hazardous materials to prevent unplanned releases into the workplace or the environment. • Report to GE management all spills of hazardous materials; any concern that GE products are unsafe; and any potential violation of environmental, health or safety laws, regulations or company practices or requests to violate established EHS procedures. FAIR EMPLOYMENT PRACTICES • Extend equal opportunity, fair treatment and a harassment-free work environment to all employees, co-workers, consultants and other business associates without regard to their race, color, religion, national origin, sex (including pregnancy), sexual orientation, age, disability, veteran status or other characteristic protected by law. SECURITY AND CRISIS MANAGEMENT • Implement rigorous plans to address security of employees, facilities, information, IT assets and business continuity. • Protect access to GE facilities from unauthorized personnel. • Protect IT assets from theft or misappropriation. • Create and maintain a safe working environment. • Ensure proper business continuity plans are prepared for emergencies. • Screen all customers, suppliers, agents and dealers against terrorist watch lists. • Report any apparent security lapses. CONFLICTS OF INTEREST • Financial, business or other non-work related activities must be lawful and free of conflicts with one’s responsibilities to GE. • Report all personal or family relationships, including those of significant others, with current or prospective suppliers you select, manage or evaluate. • Do not use GE equipment, information or other property (including office equipment, e-mail and computer applications) to conduct personal or non-GE business without prior permission from the appropriate GE manager. CONTROLLERSHIP • Keep and report all GE records, including any time records, in an accurate, timely, complete and confidential manner. Only release GE records to third parties when authorized by GE. • Follow GE’s General Accounting Procedures (GAP), as well as all generally accepted accounting principles, standards, laws and regulations for accounting and financial reporting of transactions, estimates and forecasts. • Financial statements and reports prepared for or on behalf of GE (including any component or business) must fairly present the financial position, results of operations and/or other financial data for the periods and/or the dates specified. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ OR DEALING & STOCK TIPPING • Never buy, sell or suggest to someone else that they should buy or sell stock or other securities of any company (including GE) while you are aware of significant or material non-public information (“inside information”) about that company. Information is significant or material when it is likely that an ordinary investor would consider the information important in making an investment decision. • Do not pass on or disclose inside information unless lawful and necessary for the conduct of GE business — and never pass on or disclose such information if you suspect that the information will be used for an improper trading purpose. INTELLECTUAL PROPERTY • Identify and protect GE intellectual property in ways consistent with the law. • Consult with GE counsel in advance of soliciting, accepting or using proprietary information of outsiders, disclosing GE proprietary information to outsiders or permitting third parties to use GE intellectual property. • Respect valid patents, trademarks, copyrighted materials and other protected intellectual property of others; and consult with GE counsel for licenses or approvals to use such intellectual property. GE will only do business with Suppliers that comply with all applicable legal and regulatory requirements. Today’s regulatory environment is becoming more challenging, subjecting GE and its Suppliers to a growing number of regulations and enforcement activities around the world. This environment requires that GE and its Suppliers continue to be knowledgeable about and compliant with all applicable regulations and committed to regulatory excellence. Suppliers that transact business with GE are also expected to comply with their contractual obligations under any purchase order or agreement with GE and to adhere to the standards of business conduct consistent with GE s obligations set forth in the “GE Compliance Obligations” section of this Guide and to the standards described in this section of the Guide. A Supplier’s commitment to full compliance with these standards and all applicable laws and regulations is the foundation of a mutually beneficial business relationship with GE. GE expects its Suppliers, and any Supplier’s subcontractors, that support GE’s work with government customers to be truthful and accurate when dealing with government officials and agencies, and adhere strictly to all compliance obligations relating to government contracts that are required to flow down to GE’s suppliers. As stated above, GE requires and expects each GE Supplier to comply with all applicable laws and regulations. Unacceptable practices by a GE Supplier include: • Minimum Age. Employing workers younger than sixteen (16) years of age or the applicable required minimum age, whichever is higher. • Forced Labor. Using forced, prison or indentured labor or workers subject to any form of compulsion or coercion or trafficking in persons in violation of the U.S. Government’s zero tolerance policy or other applicable laws or regulations. • Environmental Compliance. Lack of commitment to observing applicable environmental laws and regulations. Actions that GE will consider evidence of a lack of commitment to observing applicable environmental laws and regulations include: — Failure to maintain and enforce written and comprehensive environmental management programs, which are subject to periodic audit. — Failure to maintain and comply with all required environmental permits. — Permitting any discharge to the environment in violation of law or issued/required permits or that would otherwise have an adverse impact on the environment. Health & Safety. Failure to provide workers a workplace that meets applicable health, safety and security standards. • Human Rights. — Failure to respect human rights of Supplier’s employees. — Failure to observe applicable laws and regulations governing wage and hours. — Failure to allow workers to freely choose whether or not to organize or join associations for the purpose of collective bargaining as provided by local law or regulation. — Failure to prohibit discrimination, harassment and retaliation. • Code of Conduct. Failure to maintain and enforce GE policies requiring adherence to lawful business practices, including a prohibition against bribery of government officials. • Business Practices and Dealings with GE. Offering or providing, directly or indirectly, anything of value, including cash, bribes, gifts, entertainment or kickbacks, to any GE employee, representative or customer or to any government official in connection with any GE procurement, transaction or business dealing. Such prohibition includes the offering or providing of any consulting, employment or similar position by a Supplier to any GE employee (or their family member or significant other) involved with a GE procurement. GE also prohibits a GE Supplier from offering or providing GE employees, representatives or customers or any government officials with any gifts or entertainment, other than those of nominal value to commemorate or recognize a particular GE Supplier business transaction or activity. In particular, a GE Supplier shall not offer, invite or permit GE employees and representatives to participate in any Supplier or Supplier-sponsored contest, game or promotion. • Business Entertainment of GE Employees and Representatives. Failure to respect and comply with the business entertainment (including travel and living) policies established by GE and governing GE employees and representatives. A GE Supplier is expected to understand the business entertainment policies of the applicable GE business component or affiliate before offering or providing any GE employee or representative any business entertainment. Business entertainment should never be offered to a GE employee or representative by a Supplier under circumstances that create the appearance of an impropriety. • Collusive Conduct and GE Procurements. Sharing or exchanging any price, cost or other competitive information or the undertaking of any other collusive conduct with any other third party to GE with respect to any proposed, pending or current GE procurement. • Intellectual Property and Other Data and Security Requirements. Failure to respect the intellectual and other property rights of others, especially GE. In that regard, a GE Supplier shall: — Only use GE information and property (including tools, drawings and specifications) for the purpose for which they are provided to the Supplier and for no other purposes. — Take appropriate steps to safeguard and maintain the confidentiality of GE proprietary information, including maintaining it in confidence and in secure work areas and not disclosing it to third parties (including other customers, subcontractors, etc.) without the prior written permission of GE. — If requested by GE, only transmit information over the Internet on an encrypted basis. — Observe and respect all GE patents, trademarks and copyrights and comply with such restrictions or prohibitions on their use as GE may from time to time establish. — Comply with all applicable rules concerning cross-border data transfers. — Maintain all personal and sensitive data, whether of GE employees or its customers in a secure and confidential manner, taking into account both local requirements and the relevant GE policies provided to the Supplier.