Multiple Accounts. Calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation): (a) Margin calculations may be managed and enforcement action may be taken for each Account separately; and (b) We may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Client Agreement), even if you cannot immediately access reports for aggregated Accounts. We may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount We owes you in any other Account, without notice. We may choose, in its absolute discretion, which Contracts to apply to offset the debt. For the avoidance of doubt, this right of set off (and other rights of set off under this Client Agreement) apply in respect of rights and obligations across more than one Account. You agree that We may apply the set off as among one or more Accounts, before an Event of Default, on and following an Event of Default.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
Multiple Accounts. Calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation):
(a) Margin calculations may be managed and enforcement action may be taken for each Account separately; and
(b) We may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Client Agreement), even if you cannot immediately access reports for aggregated Accounts. We may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount We owes you in any other Account, without notice. We may choose, in its absolute discretion, which Contracts to apply to offset the debt. For the avoidance of doubt, this right of set off (and other rights of set off under this Client Agreement) apply in respect of rights and obligations across more than one Account. You agree that We may apply the set off as among one or more Accounts, before an Event of Default, on and following an Event of Default.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
Multiple Accounts. CalculationsThe calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation):
(a) Margin calculations may be managed and enforcement action may be taken for each Account separately; and
(b) We OFM may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Client Agreement), even if you cannot immediately access reports for aggregated Accounts. We OFM may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount We OFM owes you in any other Account, without notice. We OFM may choose, in its absolute discretion, which Contracts to apply to offset the debt. For the avoidance of doubt, this right of set off (and other rights of set off under this Client Agreement) apply in respect of rights and obligations across more than one Account. You agree that We OFM may apply the set off as among one or more Accounts, before an Event of Default, on and following an Event of Default.
Appears in 2 contracts
Sources: Client Agreement, Client Agreement
Multiple Accounts. β HighForex Global Limited Client Agreement Calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation):
(a) Margin calculations may be managed and enforcement action may be taken for each Account separately; and
(b) We may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Client Agreement), even if you cannot immediately access reports for aggregated Accounts. We may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount We owes you in any other Account, without notice. We may choose, in its absolute discretion, which Contracts to apply to offset the debt. For the avoidance of doubt, this right of set off (and other rights of set off under this Client Agreement) apply in respect of rights and obligations across more than one Account. You agree that We may apply the set off as among one or more Accounts, before an Event of Default, on and following an Event of Default.
Appears in 1 contract
Sources: Client Agreement
Multiple Accounts. β Calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation):
(a) Margin calculations may be managed and enforcement action may be taken for each Account separately; and
(b) We may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Client Agreement), even if you cannot immediately access reports for aggregated Accounts. We may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount We owes you in any other Account, without notice. We may choose, in its absolute discretion, which Contracts to apply to offset the debt. For the avoidance of doubt, this right of set off (and other rights of set off under this Client Agreement) apply in respect of rights and obligations across more than one Account. You agree that We may apply the set off as among one or more Accounts, before an Event of Default, on and following an Event of Default.
Appears in 1 contract
Sources: Client Agreement