Common use of Counterparty Risks Clause in Contracts

Counterparty Risks. All transactions that are executed upon the Client’s Instructions with counterparties and brokers are dependent on their due performance of their obligations. The suffering of Insolvency Event by such counterparties and brokers may lead to positions being liquidated or closed out without the Client’s consent.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement

Counterparty Risks. All transactions that are executed upon the Client’s Instructions instructions with counterparties and brokers are dependent on their due performance of their obligations. The suffering insolvency or default of Insolvency Event by such counterparties and brokers may lead to positions being liquidated or closed out without the Client’s consent.

Appears in 1 contract

Sources: Client Agreement