Closure of Open Positions Sample Clauses

Closure of Open Positions. AX Financials reserves the right, but is not obliged, to close the Client’s Open Positions without consent or prior notice if Equity falls below 5001 of the Necessary Margin. This is known as Margin Stop-Out and is intended (without any obligation or liability of AX Financials in this respect) to protect the Client from the risk of negative Balance.
Sample 1
AutoNDA by SimpleDocs
Closure of Open Positions. Cabana Capitals reserves the right, but is not obliged, to close the Client’s Open Positions without consent or prior notice if Equity falls below 100% of the Necessary Margin. This is known as Margin Stop-Out and is intended (without any obligation or liability of Cabana Capitals in this respect) to protect the Client from the risk of negative Balance.
Sample 1
Closure of Open Positions. Fidelis reserves the right, but is not obliged, to close the Client’s Open Positions without consent or prior notice if Equity falls below 100% of the Necessary Margin. This is known as Margin Stop-Out and is intended (without any obligation or liability of Fidelis in this respect) to protect the Client from the risk of negative Balance.
Sample 1
Closure of Open Positions. 10.1 An Open Position will continue until:-
Sample 1
Closure of Open Positions. Esipips Capital reserves the right, but is not obliged, to close the Client’s Open Positions without consent or prior notice if Equity falls below 100% of the Necessary Margin. This is known as Margin Stop-Out and is intended (without any obligation or liability of Esipips Capital in this respect) to protect the Client from the risk of negative Balance.
Sample 1

Related to Closure of Open Positions

  • Change of Operations To: Members of Local Union 107 Dear Brothers and Sisters: As you know, we have a tentative agreement for the UPS Cartage Services, Inc. Supplemental Agreement. Article 2 of the re-negoti- ated CSI Supplement outlines the National Master UPS Agreement (NMA) Articles that may be applied to your Addendum. You will note that several NMA articles are not applicable. These are sub- jects that are either addressed in the CSI Supplement or are not operationally applicable to CSI. Where there are two provisions covering the same subject, one in the Local Addendum and one in the National Master UPS Agree- ment, the following provisions of the National Master UPS Agree- ment shall apply:

  • Plan of Operations (A) The Company’s complete Plan of Operations shall be submitted to FCIC by April 1 preceding the reinsurance year, unless otherwise authorized by FCIC. The Plan of Operations shall meet the requirements of this Agreement, including, but not limited to, the format and all requirements specified in Appendix II, to be considered a complete Plan of Operations.

  • AREA OF OPERATION This agreement shall operate throughout the State of Western Australia.

  • Resumption of Operations In the event of action prohibited by Section 1 above, the Union immediately shall disavow such action and request the employees to return to work, and shall use its best efforts to achieve a prompt resumption of normal operations. The union, including its officials and agents, shall not be liable for any damages, direct or indirect, upon complying with the requirements of this Section.

  • Control of Operations Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or the Company, directly or indirectly, the right to control or direct the other party’s operations prior to the Effective Time and (b) prior to the Effective Time, each of the Company and Parent shall exercise, consistent with the terms and conditions of this Agreement, complete control and supervision over its operations.

  • TRANSFER OF OPERATIONS Purchaser shall be entitled to immediate possession of, and to exercise all rights arising under, the Assets from and after the time that the Restaurants open for business on the Closing Date, and operation of the Restaurants shall transfer at such time (the "Effective Time"). Except as expressly provided in this Agreement, all profits, losses, liabilities, claims, or injuries arising before the Effective Time shall be solely to the benefit or the risk of Seller. All such occurrences after the Effective Time shall be solely to the benefit or the risk of Purchaser. The risk of loss or damage by fire, storm, flood, theft, or other casualty or cause shall be in all respects upon Seller prior to the Effective Time and upon the Purchaser thereafter.

  • SUSPENSION OF OPERATIONS Concessionaire shall, at the direction of Department, immediately suspend, delay or interrupt Concessionaire’s operation of all or any part of the Concession Premises for such period of time as Department may determine to be appropriate to protect the Concession Premises and/or public health, safety, and welfare due to the occurrence of hazardous work conditions, emergency conditions, and/or any other cause including, but not limited to, Concessionaire's failure to perform any of the covenants, agreements, and conditions contained in this Agreement on its part to be performed. Concessionaire hereby waives any claim, and Department shall not be liable to any party claiming through Concessionaire, for damages, payment abatement, or compensation as a result of Department's actions under this Paragraph or this Agreement. Department's suspension of Concessionaire's operations shall be in addition to any other right or remedy available by law or in equity.

  • Date of Operation This Agreement shall come into operation from the 10 December 2002 and remain in force until 30 October 2005. The parties to this Agreement shall continuously monitor the application of the Agreement via a Consultative Committee.

  • Cessation of Operations Any cessation of operations by Borrower or Borrower admits it is otherwise generally unable to pay its debts as such debts become due, provided, however, that any disclosure of the Borrower’s ability to continue as a “going concern” shall not be an admission that the Borrower cannot pay its debts as they become due.

  • Financial Management, Financial Reports and Audits 1. The Recipient shall maintain or cause to be maintained a financial management system in accordance with the provisions of Section 4.09 of the General Conditions.

Time is Money Join Law Insider Premium to draft better contracts faster.