Common use of Restrictions on Abandonment/Exercise Clause in Contracts

Restrictions on Abandonment/Exercise. Notwithstanding anything to the contrary, the Company may, at its sole discretion, restrict the Client's right to abandon/give-up or exercise an option. In particular: (a) in respect of any SEHK Options Contract, the Client cannot exercise the option before its Expiry Date or abandon such option unless an Instruction to such effect is given by the Client in writing and accepted by the Company; and (b) in respect of any option contract other than an SEHK Options Contract, the Client cannot abandon the option unless an Instruction to such effect is given by the Client in writing and accepted by the Company.

Restrictions on Abandonment/Exercise. Notwithstanding anything to the contrary, the Company may, at its sole discretion, restrict the Client's right to abandon/give-up or exercise an option. In particular: : (a) in respect of any SEHK Options Contract, the Client cannot exercise the option before its Expiry Date or abandon such option unless an Instruction to such effect is given by the Client in writing and accepted by the Company; and and (b) in respect of any option contract other than an SEHK Options Contract, the Client cannot abandon the option unless an Instruction to such effect is given by the Client in writing and accepted by the Company.