An Event of Default occurred Sample Clauses

An Event of Default occurred. It is agreed and understood that withdrawals will only be effected towards the Client. The Company does not permit withdrawals to any third party and/or to an anonymous account. The Company reserves the right to decline a withdrawal request of the Client asking for a specific transfer method and the Company has the right to suggest an alternative. All payment and/or transfer charges may be borne by the Client and the Company shall debit the relevant Client Account for these charges. In the case of a Client Account being closed, its Balance will be withdrawn proportionally to the accounts, from which deposits were made. Unlawful actions with bank cards and/or bank accounts and/or with any other depositing method, are exceptions to the aforementioned paragraph. In the case of unlawful action(s), the Company may refund the remaining Balance as it deems fit. Should an unlawful action occur, all data may be provided to the bank and/or credit institution and/or payment service provider and or similar as well as to law enforcement agencies and/or authorities. Where the security type was changed, the Company retains the right to conduct withdrawal(s) after a three (3) Business Days’ period has passed, counting from the moment that the security type was changed. Without prejudice to the rest of the provisions of the Client Agreement, where a bank card is used as the depositing method, the Company reserves the right to place withdrawal limits in its systems. For additional information regarding such withdrawal limits and withdrawal procedures, please refer to your Personal Area. The Company shall undertake to send funds to the Client’s account in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the transfer period. In cases where more than ninety (90) days have elapsed since the Client’s trading account was funded by bank card and where during this period no withdrawal of funds has been made from the trading account, withdrawal of funds may be made only to the Client’s same bank card and/or in any other method determined appropriate by the Company. Without prejudice to the rest of the provisions of the Client Agreement, the Client may send request(s) for funds withdrawal from the Personal Areaand the Company shall undertake to send funds to the Client’s account, in accordance with the details stated in the request for withdrawal. The Company shall not be responsible for the period of transfer following execut...

An Event of Default occurred. If there are enough funds available in the Client Account to make the withdrawal and cover any charges.