Termination and Closing Your Account – BUX Right Clause Samples

Termination and Closing Your Account – BUX Right. 14.1 BUX can close Your Account(s) or terminate the Client Agreement by giving You at least 14 days’ notice in writing (subject as mentioned below) if: 14.1.1 Any litigation is commenced between You and Us; 14.1.2 You persistently act in an abusive manner when dealing with Us; 14.1.3 An Insolvency Event occurs in relation to You. In this case We may close Your Account and terminate the Client Agreement immediately without prior notice and We will then inform You that We have done so; 14.1.4 You become of unsound mind (which includes lacking legal capacity or being placed under guardianship); 14.1.5 We believe that We are unable to manage the risks (commercial, legal, regulatory, or reputational risks) that Your Orders and/or Trades pose to You, Us or the Financial Instrument to which Your Orders and/or Trades relate; 14.1.6 You default under the Client Agreement; or 14.1.7 For any other reason in BUX’ absolute discretion.
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Termination and Closing Your Account – BUX Right. 14.1 BUX can close Your Account(s) or terminate the Client Agreement by giving You at least 14 days’ notice in writing (subject as mentioned below) if: 14.1.1 Any litigation is commenced between You and Us; 14.1.2 You persistently act in an abusive manner when dealing with Us; 14.1.3 An Insolvency Event occurs in relation to You. In this case We may close Your Account and terminate the Client Agreement immediately without prior notice and We will then inform You that We have done so; 14.1.4 You become of unsound mind (which includes lacking legal capacity or being placed under guardianship); 14.1.5 We believe that We are unable to manage the risks (commercial, legal, regulatory, or reputational risks) that Your Orders and/or Trades pose to You, Us or the Financial Instrument to which Your Orders and/or Trades relate; 14.1.6 You default under the Client Agreement; or 14.1.7 For any other reason in BUX’ absolute discretion. 14.2 If BUX cancels or terminates the Client Agreement, BUX may still deduct any liabilities from your Available Cash. If there is no Available Cash BUX may settle any liabilities such as Unpaid Fees from the selling of your assets. If your Available Cash or your assets are not sufficient to meet all your liabilities, You then have to pay BUX at first request.
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Termination and Closing Your Account – BUX Right. 14.1 BUX can close Your Account(s) or terminate the Client Agreement by giving You at least 14 days’ notice in writing (subject as mentioned below) if: 14.1.1 Any litigation is commenced between You and Us; 14.1.2 You persistently act in an abusive manner when dealing with Us;
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Related to Termination and Closing Your Account – BUX Right

  • Effective Date Term Termination and Disconnection 3.1 Effective Date This Agreement shall become effective upon execution by all Parties.

  • CONDITIONS OF SETTLEMENT, EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION 9.1. The Effective Date of this Settlement Agreement shall not occur unless and until each and every one of the following events occurs: (a) This Agreement has been signed by the Parties and Class Counsel, and the individual settlement agreements with ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, the heirs of ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, and ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇-▇▇▇ have been fully executed; (b) The Court has entered an order granting Preliminary Approval of the Agreement; (c) The Court has entered a Final Approval Order finally approving the Agreement, or a judgment substantially consistent with this Settlement Agreement that has become final and unappealable, following Notice and a Final Approval Hearing, as provided in the Federal Rules of Civil Procedure; and (d) In the event that the Court enters an approval order and final judgment in a form other than that provided above (“Alternative Approval Order”) to which the Parties have consented, that Alternative Approval Order has become final and unappealable. 9.2. If some or all of the conditions specified in Paragraph 9.1 are not met, or in the event that this Settlement Agreement is not approved by the Court, or the settlement set forth in this Agreement is terminated or fails to become effective in accordance with its terms, then this Settlement Agreement shall be canceled and terminated subject to Paragraph 9.3, unless Class Counsel and Defendant’s Counsel mutually agree in writing to proceed with this Agreement. If any Party is in material breach of the terms hereof, any other Party, provided that it is in substantial compliance with the terms of this Agreement, may terminate this Agreement on notice to all other Parties. Notwithstanding anything herein, the Parties agree that the Court’s decision as to the amount of the Illinois Fee Award and Ohio Fee Award to Class Counsel set forth above or the incentive award to the Class Representatives, regardless of the amounts awarded, shall not prevent the Agreement from becoming effective, nor shall it be grounds for termination of the Agreement. 9.3. If this Agreement is terminated or fails to become effective for the reasons set forth in Paragraphs 6.1, 6.2, 9.1, or 9.2 above, the Parties shall be restored to their respective positions in the Action as of the date of the signing of this Agreement. In such event, any Final Approval Order or other order entered by the Court in accordance with the terms of this Agreement shall be treated as vacated, nunc pro tunc, and the Parties shall be returned to the status quo ante with respect to the Actions as if this Agreement had never been entered into, including Defendant’s right to seek to compel arbitration as to the Plaintiffs named in the Second Amended Complaint. 9.4. In the event the Settlement is terminated or fails to become effective for any reason, the Illinois Settlement Fund and Ohio Settlement Fund, together with any earnings thereon at the same rate as earned, less any taxes paid or due, less Settlement Administrative Expenses actually incurred and paid or payable from the Settlement Fund, shall be returned to Defendant or its Insurer within thirty (30) calendar days after written notification of such event in accordance with instructions provided by Defendant’s Counsel to the Settlement Administrator.

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be effected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity and up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of the ESC Region 8 and TIPS. Does vendor agree? Yes