Closing Positions. Client must procure that the Account has a zero balance no later than (1) in case of termination by Client, the date on which Client sends a termination notice to Finst; or (2) in case of termination by Finst with a one month's notice period, at the end of the notice period. If there is still a balance in Digital Assets after this date, Finst will be authorised to close these positions. Finst may charge costs for this. These costs are specified on the Website. If Digital Assets that remain on the Account after termination, have a value that is equal to or lower than the costs and fees that would be payable by Client if Client or Finst would sell these Digital Assets or if such remaining Digital Assets cannot be sold due to their size or other causes, then Finst will be entitled to appropriate these Digital Assets so that the Account of Client can be closed.
Appears in 4 contracts
Samples: Crypto Services Agreement, Crypto Services Agreement, Crypto Services Agreement
