Common use of Debit Securities Limit Clause in Contracts

Debit Securities Limit. Client is not permitted to have a negative balance in any Securities on the Personal Page unless XXXXXX has agreed to provide Debit Securities to Client and an Appendix Debit Securities applies between Parties in relation to that Personal Page. The applicable Debit Securities Limit is specified in the document Security Value, Risk, Debit Money and Debit Securities in the Investment Services Information. XXXXXX will try to prevent the execution of Instructions that result directly or indirectly in an unauthorised debit balance in securities. If, nevertheless, an unauthorised debit balance in securities has developed, Client must cure such breach as soon as possible.

Appears in 7 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Debit Securities Limit. The Client is not permitted to have a negative balance in any Securities on the Personal Page unless XXXXXX has agreed to provide Debit Securities to the Client and an Appendix Debit Securities applies between the Parties in relation to that Personal Page. The applicable Debit Securities Limit is specified in the document Security Value, Risk, Debit Money and Debit Securities in the Investment Services Information. XXXXXX will try to prevent the execution of Instructions that result directly or indirectly in an unauthorised debit balance in securitiesSecurities. If, nevertheless, an unauthorised debit balance in securities Securities has developed, The Client must cure such breach as soon as possible.

Appears in 1 contract

Samples: Client Agreement

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Debit Securities Limit. Client is not permitted to have a negative balance in any Securities on the Personal Page unless XXXXXX has agreed to provide Debit Securities to Client and an Appendix Debit Securities applies between Parties in relation to that Personal Page. The applicable Debit Securities Limit is specified in the document Security Value, Risk, Debit Money and Debit Securities in the Investment Services Information. XXXXXX will try to prevent the execution of Instructions that result directly or indirectly indirec tly in an unauthorised debit balance in securities. If, nevertheless, an unauthorised debit balance in securities has developed, Client must cure such breach as soon as possible.

Appears in 1 contract

Samples: Client Agreement

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