Termination and Results of Termination Sample Clauses

Termination and Results of Termination. 22.1. Without prejudice to the Company’s rights under this Agreement to terminate it immediately without prior notice to the Client, each Party reserves the right to terminate this Agreement with immediate effect by giving at least 15 Business Days Written Notice to the other Party and termination will be without prejudice to Transactions already 22.2. Termination by any Party will not affect any obligation which has already been incurred by either Party or any legal rights or obligations which may already have arisen under the Agreement or any Transactions made hereunder. 22.3. Upon termination of this Agreement, all amounts payable by the Client to the Company will become immediately due and payable including (but without limitation) all outstanding costs and any other amounts payable to the Company, any charges and additional expenses incurred or to be incurred by the Company as a result of the termination of the Agreement. 22.4. Both Parties hereby mutually agree that once notice of termination of this Agreement is sent and before the termination date: 22.4.1. the Client will have an obligation close all his Open Positions. If he fails to do so, upon termination, the Company will close any Open Positions (the time of the closing of the open positions is at the discretion of the Company); and/or 22.4.2. the Company will be entitled to cease to grant the Client access to the Platform(s) or may limit the functionalities the Client is allowed to use on the Platform(s); and/or 22.4.3. the Company will be entitled to refuse to accept new Orders from the Client; and/or 22.4.4. the Company will be entitled to refuse to the Client to withdraw money from the Client Account and the Company reserves the right to keep Client’s funds as necessary to close positions which have already been opened and/or pay any pending obligations of the Client under the Agreement. 22.5. Both Parties hereby mutually agree that upon Termination any or all the following may apply: 22.5.1. the Company has the right to combine any Client Accounts of the Client, to consolidate the Balances in such Client Accounts and to set off those Balances; and/or 22.5.2. the Company has the right to close the Client Account(s); and/or 22.5.3. the Company has the right to convert any currency; and/or 22.5.4. the Company has the right to close out the Client’s Open Positions; and/or 22.5.5. in absence of illegal activity or suspected illegal activity or fraud of the Client or instructions from the relev...

Termination and Results of Termination. 1Without prejudice to the Company’s rights under this Agreement to terminate it immediately without prior notice to the Client, each Party may terminate this Agreement by giving at least three (3) Business Days Written Notice to the other Party.

Termination and Results of Termination. 28.1. The Parties may terminate the Agreement with a 14 days’ notice. The term of notice shall begin on the day the notice is delivered to the other party. 28.2. Closing the Account, the Company calls the Client to close all Open Positions and to Withdraw the cash balance within the notice period. 28.3. Once notice of termination of this Agreement is sent and before the termination date: a) the Client will have an obligation to close all his Open Positions, b) the Client will have an obligation to submit a Withdrawal order, c) the Company will be entitled to refuse to accept new Orders from the Client. 28.4. Upon the Termination date the Company has the right to close the Client’s Open Positions. 28.5. Liquidation of the Account occurs after the termination or expiration of the Agreement provided all Open positions are closed and balance of the Account is equal to zero. 28.6. The Company may terminate the Client’s Agreement in case of: 1) breach by the Customer of the material terms of the Agreement, 2) non-payment by the Client, despite the call, fees and commissions given in the Costs and Charges, 3) if there are no cash on the Account for the next 3 calendar months, no transactions were made and no positions are opened, 4) withdrawal of the Company from offering the service specified in the Agreement, 5) disclosure of the Client's submission of false statements or submission of false or untrue documents, 6) unlawful use of the Account. 28.7. The Agreement expires in case of receiving a written, confirmed, by the competent authority, information about the death of the Client. In such case the Company is entitled to close all Open Positions on the Client's Trading Accounts. 28.8. The Company does not provide the Investment Advice to persons who are not its Clients. Therefore, in case of expiration or termination of the Agreement, the agreement for Investment Advice also expires or terminates without additional statements by either Party.

Termination and Results of Termination. 28.1. Without prejudice to Company’s rights under this Agreement to terminate it immediately without prior notice to the Client, each Party may terminate this Agreement with immediate effect by giving at least five (5) Business Days Written Notice to the other Party. 28.2. Termination by any Party will not affect any obligation which has already been incurred by either Party or any legal rights or obligations which may already have arisen under the Agreement or any Transactions made hereunder. 28.3. Upon termination of this Agreement, all amounts payable by the Client to the Company will become immediately due and payable including (but without limitation) all outstanding costs and any other amounts payable to the Company, any charges and additional expenses incurred or to be incurred by the Company as a result of the termination of the Agreement. 28.4. The process of termination of this Agreement can be found in the Terms of Business.

Termination and Results of Termination. 29.1. The Client can initiate a closure request by informing the Company respectively and by signing the termination agreement to be provided to this effect by the Company. The procedure of termination and liquidation of the agreement may be initiated by the Client by any electronic means of communication which the Company accepts as Written Notice under this Agreement, to be given by the Company to the Client. 29.2. Termination by any Party will not affect any obligation which has already been incurred by either Party or any legal rights or obligations which may already have arisen under the Agreement or any 29.3. Upon termination of this Agreement, all amounts payable by the Client to the Company will become immediately due and payable including (but without limitation) all outstanding costs and any other amounts payable to the Company, any charges and additional expenses incurred or to be incurred by the Company as a result of the termination of the Agreement, dealing expenses incurred as a result of terminating this Agreement, charges incurred for transferring the Client’s investments to another investment firm, losses and expenses realised in closing out any transactions or settling or concluding outstanding obligations incurred by the Company on the Client’s behalf, damages which may arise during the arrangement or settlement of pending obligations. 29.4. Upon Termination any or all the following may apply: 1. The Company has the right to combine any Client Accounts of the Client, to consolidate the Balances in such Client Accounts and to set off those Balances; 2. The Company has the right to close the Client Account(s); 3. The Company has the right to convert any currency; 4. The Company has the right to sell any Financial Instruments in the Portfolio; 5. The Company has the right to keep Client’s Financial Instruments and/or funds as necessary to pay any pending expenses of the Company in relation to the Client’s Portfolio and/or otherwise and/or Settle obligations of the Client under and/or in relation to and a/or arising from the Agreement. 6. In absence of illegal activity or suspected illegal activity or fraud of the Client or instructions from the relevant authorities, if there is Balance in the Client’s favour, the Company will (after withholding such amounts that in the Company’s absolute discretion considers appropriate in respect of future liabilities) pay such Balance to the Client as soon as reasonably practicable and supply him with a ...

Termination and Results of Termination. 29.1. Each Party (the Company or the Client) may terminate this Agreement at any time with immediate effect by giving thirty (30) days written notice to the other Party. 29.2. The Agreement can be terminated unilaterally by the Client, in case of disagreement with the amendments and additions to the Agreement (including the General Terms and/or the Tariff), which occurred according to item 28, before the date of their entry into force and in this case the Client is not liable for penalties and costs, with the exception of costs related to assets owned by him. The relationship between the Company and the Client shall be settled within seven days of receipt of the termination notice. 29.3. This Agreement may also be terminated by any of the means specified in the General Terms and Conditions. 29.4. The Company has the right to terminate this Agreement immediately without the thirty

Termination and Results of Termination. 20.1 The Client may terminate at any time the authority given to us to advise on his/her behalf, without penalty, by giving Written Notice to that effect. Without prejudice to the Company’s rights under this Agreement to terminate it immediately without prior notice to the Client, the Company shall have to provide at least 30 calendar days’ notice.

Termination and Results of Termination. 28.1. Without prejudice to Company’s rights under this Agreement to terminate it immediately without prior notice to the Client, each Party may terminate this Agreement by giving at least five (5) Business Days Written Notice to the other Party. 28.2. Termination by any Party will not affect any obligation which has already been incurred by either Party or any legal rights or obligations which may already have arisen under the Agreement or any Transactions made hereunder. 28.3. Upon termination of this Agreement, all amounts payable by the Client to the Company will become immediately due and payable including (but without limitation) all outstanding costs and any other amounts payable to the Company, any charges and additional expenses incurred or to be incurred by the Company as a result of the termination of the Agreement. 28.4. The process of termination of this Agreement can be found in the Terms of Business. 28.5. It is hereby noted that the price of the services provided by Company under this Agreement depends on the fluctuations in the financial market, which is out the Company’s control. Thus, the Client is informed in due time and before the latter is bound by any contract that the Client does not have right of withdrawal as defined by the Distance Marketing Consumer Financial Services Law of 2004 (Law 242(I)/2004). Nevertheless, the Client may terminate the Agreement as per the provision of this section.

Termination and Results of Termination. 19.1. Without prejudice to the Company’s right under this Agreement to terminate it immediately without prior notice to the Client, each Party may terminate this Agreement by giving at least ten (10) Business Days Written Notice to the other Party. 19.2. Termination by any Party will not affect any obligation, which has already incurred by either Party or any legal rights or obligations which may already have arisen under the Agreement or any Transactions made hereunder. 19.3. Upon termination of this Agreement, all amounts payable by the Client to the Company will become immediately due and payable including (but without limitation) all outstanding costs and any other amounts payable to the Company, any charges and additional expenses incurred or to be incurred by the Company as a result of the termination of the Agreement. 19.4. Once notice of termination of this Agreement is sent and before the termination date: 1. a) The Client will have an obligation to close all his Open Positions. If the Client fails to do so, upon termination, the Company will close any remaining Open Positions; 2. b) The Company will be entitled to cease to grant the Client access to the Platform(s) or may limit the functionalities the Client is allowed to use on the Platform(s); 3. c) The Company will be entitled to refuse to accept new Orders from the Client; 4. d) The Company will be entitled to refuse to the Client to withdraw money from the Client Trading Account and the Company reserves the right to keep Client’s funds as necessary to close positions which have already been opened and/or pay any pending obligations of the Client under the Agreement.