Common use of Client obligation to pay margin Clause in Contracts

Client obligation to pay margin. When dealing in Contracts with MTC the Client will be required to pay such sums of money as MTC may require under this Agreement and as specified in this Agreement or otherwise advised to the Client in writing. Such sums may include Deposits, Initial Margin, Variation Margin, and Security, Collateral or other amounts required for clearance of any debit balance in an Account. Liability to pay an Initial margin accrues at the time the Contract is executed regardless of when a call is made. Liability to pay a Variation margin accrues at the time the margin comes into existence, regardless of when a call is made.