Margining Arrangements Clause Samples

Margining Arrangements. The client shall pay to AETOS on demand: i. Such sums of money by way of deposits or as initial margin or variation margin as AETOS may require. ii. Such sums of money as may from time to time be due to AETOS under a contract and such sums as may be required in or towards clearance of any debit. iii. Such sums of money as AETOS may from time to time require as security for the Client’s obligations to AETOS. You may be required to make margin payments sufficient to meet the amount which, when a movement adverse to your contract has taken place, you would lose on the contract if it were brought to an end on the basis of our current quotation for the contract concerned. Our determination of the current market value and the amount of additional and/or variation margin shall be conclusive and shall not be challenged by you. The call for margin or extra margin will be made by any available means (telephone, fax or e-mail). If made by e-mail, it will be to your designated e-mail address and it will not in that case be confirmed by telephone or fax or letter, save in exceptional circumstances and then only in our absolute discretion. Please note we will not accept any third party payments made in respect of funding your account. Similarly we will not pay out any funds from your account to any third parties. If the client fails to provide any margin, deposit or other sum due in respect of any transaction AETOS may close all open contracts without prior notice.

Margining Arrangements. Contingent liability Where we effect or arrange a Transaction, you should note that, depending upon the nature of the Transaction, you may be liable to make further payments when the Transaction fails to be completed or upon the earlier settlement or closing out of your position. You may be required to make further variable payments by way of margin against the purchase price of the investment, instead of paying (or receiving) the whole purchase (or sale) price immediately. The movement in the market price of your investment will affect the amount of margin payment you will be required to make. We will monitor your margin requirements on a daily basis and we will inform you as soon as it is reasonably practicable of the amount of any margin payment required under this clause. Margin call You agree to pay us on demand such sums by way of margin as are required from time to time as we may in our discretion reasonably require for the purpose of protecting ourselves against loss or risk of loss on present, future or contemplated Transactions under this Agreement. Failure to meet margin call Please note that in the event that you fail to meet a margin call, we may immediately close out the position. Form of margin ▇▇▇▇▇▇ must be paid in cash in currency acceptable by us, as requested from time to time by the Company. Cash Margin paid to us is held as client money in accordance with the requirements of the Client Money Rules. Margin deposits shall be made by wire transfer, credit card, e-wallet or by such other means as The Company may direct. Set-off on default If there is an Event of Default or this Agreement terminates, we shall set-off the balance of cash margin owed by us to you against your obligations (as reasonably valued by us). The net amount, if any, payable between us following such set-off, shall take into account the Liquidation Amount payable under Clause 15 (Netting). Further assurance You agree to execute such further documents and to take such further steps as we may reasonably require to perfect our security interest over and obtain legal title to the Secured Obligations. Negative pledge You undertake neither to create nor to have outstanding any security interest whatsoever over, nor to agree to assign or transfer, any of the cash margin transferred to us, except a lien routinely imposed on all securities in a clearing system in which such securities may be held. General lien In addition and without prejudice to any rights to which we may be ...

Margining Arrangements. Specific margin requirements will be agreed between the Client and the Company prior to establishing a business relationship. Contingent liability Margin call Failure to meet margin call Form of margin Further assurance Negative pledge General lien

Margining Arrangements. Where IF effects or arranges a transaction or the Client effects or arranges a transaction through IF’s Electronic Services, the Client should note that, depending upon the nature of the Transaction and the Client’s account, the Client may be liable to make further payments when the transaction fails to be completed or upon the earlier settlement or closing out of the Client’s position. The Client may be required to make further variable payments by way of margin against the purchase price of the investment, instead of paying (or receiving) the whole purchase (or sale) price immediately. The movement in the market price of the Client’s investment will affect the amount of margin payment the Client will be required to make. 9.7.1 Margin call: The Client agrees to pay IF on demand such sums by way of margin as are required from time to time as IF may in its discretion reasonably require for the purpose of protecting themselves against loss or risk of loss on present, future or contemplated transactions under any agreement. Please note that in the event that the Client fails to meet a margin call, IF may immediately close out the position. ▇▇▇▇▇▇▇▇▇ INVESTMENT LTD HEAD OFFICE ADDRESS: 88 Arch. ▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇ PHONE: +▇▇▇ ▇▇ ▇▇▇ ▇▇▇ CLIENT LINE: +▇▇▇ ▇▇ ▇▇▇ ▇▇▇ FAX: +▇▇▇ ▇▇ ▇▇▇ ▇▇▇ EMAIL: ▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Page | 22 of 42 9.7.2 Margin must be paid in cash in currency acceptable by IF, as requested from time to time by IF. Cash Margin paid to IF is held as client money in accordance with the requirements of the Agreement. Margin deposits shall be made by wire transfer or by such other means as IF may direct. 9.7.3 In the event this Agreement terminates as per clause 29 of the Terms, IF shall set-off the balance of cash margin owed by IF to the Client against the Client’s obligations (as reasonably valued by us). The net amount, if any, payable between the parties following such set-off, shall take into account the amount payable under Clause 29. 9.

Margining Arrangements