Common use of Automatic closure Clause in Contracts

Automatic closure. A Position will close automatically on the fifth anniversary of the date on which the Position was first entered into.

Appears in 4 contracts

Sources: Retail Client Agreement, Retail Client Agreement, Retail Client Agreement

Automatic closure. A Position will may close automatically on the fifth anniversary of the date on which the Position was first entered intointo unless the Position has already been closed in the circumstances described in clause 6.1 above.

Appears in 3 contracts

Sources: Client Agreement, Client Agreement, Client Agreement

Automatic closure. A Position will may close automatically on the fifth anniversary of the date on which the Position was first entered intointo unless the Position has already been closed in the circumstances described in clause 6.1.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement