Action by regulatory body Sample Clauses

Action by regulatory body. If a regulatory body takes any action which affects a Transaction, then we may take any action which we, in our reasonable discretion, consider desirable to correspond with such action or to mitigate any loss incurred as a result of such action. Any such action shall be binding on you. If a regulatory body makes an enquiry in respect of any of your Transactions, you agree to co-operate with us and to promptly supply information requested in connection with the enquiry.
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Action by regulatory body. If a regulatory body takes any action which affects a Transaction, then we may take any action which we, in our reasonable discretion, consider desirable to correspond with such action or to mitigate any loss incurred as a result of such action. Any such action shall be binding on you. If a regulatory body makes an inquiry in respect of any of your Transactions, you agree to co- operate with us and to promptly supply the information requested in connection with the inquiry. COST AND PAYMENTS ADDITIONAL COSTS You should be aware of the possibility that other taxes or costs may exist that are not paid through or imposed by us. In case of any value-added tax or any other tax obligations that arise in relation to a transaction performed on your behalf or any other action performed under this Agreement for you, the amount incurred is fully payable by you and in this respect, you must pay Gloffix when so requested and Gloffix is fully entitled to debit your account with the outstanding amount to be settled (excluding taxes payable by Gloffix in relation to Gloffix’s income or profits).
Action by regulatory body. If a regulatory body takes any action which affects a Transaction, then we may take any action which we, in our reasonable discretion, consider desirable to correspond with such action or to mitigate any loss incurred as a result of such action. Any such action shall be binding on you. If a regulatory body makes an enquiry in respect of any of your Transactions, you agree to co-operate with us and to promptly supply information requested in connection with the enquiry. COSTS, PAYMENTS, CHARGES and COMMISSIONS CHARGES AND/OR COMMISSIONS You shall pay our charges and/or commissions as agreed with you from time to time, any fees or other charges imposed by a clearing organization and interest on any amount due to us at the rates then charged by us (and which are available on request). Any alteration to charges and/or commissions will be notified to you before the time of the change. ADDITIONAL COSTS You should be aware of the possibility that other taxes or costs may exist that are not paid through or imposed by us. PAYMENTS All payments to us under this Agreement shall be made in such currency as we may from time to time specify to the bank account designated by us for such purposes. All such payments shall be made by you without any deduction or withholding.

Related to Action by regulatory body

  • Notification of litigation The Borrower will provide the Agent with details of any legal or administrative action involving the Borrower, any Security Party, the Approved Manager, any Ship or the Earnings or the Insurances of any Ship as soon as such action is instituted or it becomes apparent to the Borrower that it is likely to be instituted, unless it is clear that the legal or administrative action cannot be considered material in the context of any Finance Document.

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