Financial Settlement. Under this agreement: A. The client is entitled to open a securities trading account and shall transfer sufficient funds to the account to cover all purchase orders he wants to implement in the market through the Company and acknowledges and agrees that the Company will not implement any purchase order issued by the client unless the client's account includes a balance sufficient to cover these purchase orders. B. In case the Company has implemented the client's instructions without the provision of sufficient funds, the client shall settle all amounts owed to the Company in addition to the fees and expenses during official working hours specified for the settlement by the market at the trade date. In case the client's non-payment within the specified period, the Company becomes entitled to dispose by selling the transacted securities. This item is deemed an authorization from the client to the Company to do so and to collect the price of sale to settle all amounts owed by the client, without prejudicing the Company's right to liquidate all or part of the client's portfolio if the sale proceeds are not enough to repay. C. The Company deposits the proceeds of the sale in the event of implementing sale orders, as contained in this Agreement, in the client's trading account at the Company, within the time specified by the market, minus the commission of the Company and the market and any expenses or costs that may be incurred by the Company. However, the client may withdraw the proceeds of the sale only in the time determined by the Company. D. The Company may withdraw from the client's account directly in case of implementing purchase orders as contained in this Agreement with the value of purchased stocks, the commission of the Company and the market, in addition to any other dues or entitlements. Also, the Company is entitled to withdraw from any other account in the name of the client or any other body in case of non-availability of sufficient funds in the trading account, with priority and preference to any other creditor, with no need to any alert, notification or any other legal action. E. All the property in the portfolio, restricted, deposited or will be deposited in the future, whether in the company's possession or in the possession of its broker who undertakes the payment of all the client's current and future debts when they fall due and any obligations by him to the Company. The Company retains all client's property and money in his possession as a guarantee to fulfill any obligations by him to the Company. Such property and money shall be deemed pledged favor the Company to guarantee all client's obligations, with no need for a special approval to do so. The Company, in the case of the client's non-fulfilling its debts or any of its obligations owed to the Company, shall be entitled ةيملاةةقdا ةعيرةةشلا ماقحمو ،وادتلا باسحو هتظفحمل همادختقإ نف ليمعلا مزتلي .ا ةةةقفاوتملاو ةةةقواطملا ةيملاةةقلإا ااكرةةشلا ةةةمئاقو اdوادةةت نةةم هةةيرجيام نةةف دةةيقتيو ةكرةةشلا ةةةمئاق اةةهرفوت نةةتلا ةةةفلتخملا لاوةةقdا نةةف ةةةعردملا ةيملاةةقdا ةعيرشلا لإم ةةلع ،وادةةتلا نةةع هةةع تماو لةةيمعلا رةةقيو ااثيدةةحتو الايدةةعت نةةم اةةهيلع رأ ةةطي امو اةةعرخ نةةتلا وأ ةيملاةةقdا ةعيرةةشلا لإةةم ةقفاوتم وا ةقواطتم ري لا ااكرشلا مهقأ .ةكرشلا ةمئاق نم :ةيقافتdا هìه اعومو ديةةةصر لةةةيوحت لةةةيمعلا ةةةلعو ةةةةيلاملا لرا و ا ،وادةةةت باةةةسح حتةةةف لةةةيمعلل ةةةحي .أ نةةم لوةةسلا نةةف اهìةةيف ت نةةف اةةغري نةةتلا ءرا شلا رماوأ ةفاك ةيط تل باسحلل نفاك رةةمأ يأ ìةةف ت نةةل ةكرةةشلا أ ةةلع ةةفاويو ردةةي هةةنمو لةةيمعلا رةةقيو ةكرةةشلا ،لاةةخ رةةماوأ ةةةيط تل فاةةك ديةةصر لةةيمعلا باةةسح نةةف رفوةةتي مةةل اةةم لةةيمعلا هردةةصي ءرا ةةش هìه ءرا شلا اةةةةف ةةةةي اك ،اوةةةمأ رفوةةةةت ود لةةةيمعلا ااةةةميلعت ìةةةيف تب ةكرةةةةشلا اةةةماق ،اةةةح نةةةف .ب موةةةةقرلل ةفاةةةةضلإاو ةكرةةةةشلل ةقحتةةةةسملا لاةةةغملا ةةةةةفاك ةيوةةةةست هةةةةيلع نةةةة غ ي لةةةيمعلا نةةف لوةةسلا لةةقق نةةم ةيوةةستلل ةددةةحملا ةيمةةقرلا لةةمعلا ااعاةةق ،لاخ zيراصملاو هةةناف ةددةةحملا ةدةةملا ،لاةةخ نةةف دادةةسلاو لةةيمعلا مايق مدع ،اح نفو ن،وادتلا يرات دةة قلا اìةةه رةةقتعيو نةقفةةصلا لةةحم ةيلاملا لرا و ا نف لإيقلاو فرصتلا ةكرشلل حي لاةةغملا ةةةفاك ةيوةةستل لإةةيقلا لةةباقم ليةةصحتو ةةلì نةةف ةكرةةشلل لةةيمعلا نةةم ًاةةضيوفت ةةةظفحم نةةم ءزةةع وا لةةك ليييةةست نةةف اةةهقحو ،لاةةخإ ود لةةيمعلا ةةلع ةقحتةةسملا .دادسلا نف لإيقلا ةليصح نف ت مل اìا ليمعلا نةةف دراو وةةه امغةةسح لإةةيقلا رةةماوأ ìيف ت ،اح نف لإيقلا اادئاع ادياو ةكرشلا موقت .ا نةة مزلا اةةقولا ،لاةةخ ةكرةةشلا دةةل لةةيمعلل دئاعلا ،وادتلا باسح نف ةيقافتلإا هìه zيلاةة ت وأ zيراةةصم يأو لوةةسلاو ةكرةةشلا ةةةلومع صقاةةن لوسلا لقق نم ددحملا هìةةه لإةةيقلا اادةةئاع احةةق لةةيمعلل نةةقمي d هةةنأ dإ نةكرةةشلا اةةهلمحتت دق ااقفن وأ .ةكرشلا هددحت يìلا ن مزلا اقولا نف dإ ءرا ةةشلا رةةماوأ ìةةيف ت ،اةةح نةةف ةرةةشاغم لةةيمعلا باةةسح نةةم احةةسلا ةكرةةشلل ةةحي .ث لوةةسلاو ةكرةةشلا ةةةلومعو ةرا تةةشملا مهةةق ا ةةةميقو ةيقافتلإا هìه نف دراو وه امغسح نةةم لìةةك احةةسلا اةةهل ةةحي اةةمك رةةخأ لوةةقح وأ ااقحتةةسم ةةةيأ ةةلإ ةفاةةضلإاو ديةةصرلا رفاوةةت مدةةع ،اةةح نةةف ةةةهع يأ دل وأ هيدل ليمعلا مقاو رخآ باسح يأ ةةةعاح ودةةب رةةخآ نةةئاد يأ ةةلع ةيلةةضف او ةةةيولو او ،وادةةتلا باةةسح نف نفا لا .رخآ ننوناق ءرا عإ يأ وأ راطخإ وأ هيق ت لإ نةةةتلا وأ ةةةةعدوملا وأ ةدةةةيقملا ةةةةظفحملا نةةةف ةدوةةةعوملا ااةةة لتمملا لإةةةيمع نمةةةضت .ا ìةةةف ملا اهطيةةةقو ةةاةةةيح نةةةف وأ ةكرةةةشلا ةةاةةةيح نةةةف ةةةةعقاولا ءاوةةةق ًلاققتةةةسم دوتةةةق ااةةمزا تلا ةةةياو اهقاقحتةةقا دةة ع لةةيمعلل ةيلققتةةسملاو ةةةيلاحلا ااينويدةةملا لإةةيمع دادق هةةتةوحو نةةتلا لةةيمعلا ،اوةةمأو ااةة لتمم لإةةيمجو ةكرةةشلا لفتةةحت نةكرةةشلا هاةةجت هةةيلع ةةةنوهرم ،اوةةم او ااةة لتمملا هìةةه رةةقتعتو اةةهلقق هيلع اامزا تلا ةيمو ءافولل امضك ررا ةةقإ ةةلإ ةةةعاح ود لةةيمعلا ااةةمزا تلا ةةةفا ل ًانامةةض ةكرةةشلا حلاةةصل ًاةةيةايح اةة هر ةةةةيا وأ هةةةتينويدمو ءاةةةفولاو لةةةيمعلا ،لاةةةخإ ةةةةلاح نةةةف ةكرةةةشلل ةةةحيو ن لìةةةب باةةخ ،اوةةةةم او ااةةة لتمملاو مهةةةقdا ةكرةةةشلا ةةةلمت ةةةحو اةةةهل ةقحتةةةسم هةةةيلع ااةةةمزا تلا to own the stock, property and pledged funds, or to sell them in accordance with the provisions of Article 5, paragraph (8) of Act 22 for the year 2015 on amending some provisions of Law No. 7 for the year 2010 on establishing the Capital Market Authority. F. The Company may dispose of purchased securities in its sole discretion in case the client is unable to pay off their purchase value plus the commission of the Company and the market, or any payments or commitments to the Company, during the period specified in item 5-B. The Company is entitled to sell or own those securities with the market price, whatever it is, without any liability on the Company as a result of this sale. This item is considered an explicit and irrevocable authorization from the client to the Company to do so. The client bears the responsible to compensate the Company for any losses or damages caused by the sale due to the client's failure to pay, fully or partially, including, for example, attorneys' fees and judicial duties. This item is considered an explicit and irrevocable authorization from the client to the Company to deduct from the client's account or any other account for him in any other bank or at any other body, with the value of these losses in addition to any dues related to this loss. G. The company is entitled to, without any responsibility on it, to sell any of the elements and components of the portfolio subject of this contract, wholly or partly, and to use the sale proceeds to repay any obligations to the client to the Company resulting from the implementation of this contract. The client acknowledges his prior approval to conduct this sale and this item is considered explicit and irrevocable authorization from the client to the Company to do so.
Appears in 1 contract
Sources: Trading Service Agreement
Financial Settlement. Under this agreement:
A. The client is entitled to open a securities trading account and shall transfer sufficient funds to the account to cover all purchase orders he wants to implement in the market through the Company and acknowledges and agrees that the Company will not implement any purchase order issued by the client unless the client's account includes a balance sufficient to cover these purchase orders.
B. The company has the right to stipulate a minimum "Portfolio market value "upon opening the account and to update the minimum value requirements from time to time according to its policies . The company has the right to suspend the service if this value falls below the minimum limit until it increases to the required limit.
C. In case the Company has implemented the client's instructions without the provision of sufficient funds, the client shall settle all amounts owed to the Company in addition to the fees and expenses during official working hours specified for the settlement by the market at the trade date. In case the event of the client's non-payment within the specified period, the Company becomes entitled to dispose by selling the transacted securities. This item is deemed an authorization from the client to the Company to do so and to collect the price of sale to settle all amounts owed by the client, without prejudicing the Company's right to liquidate all or part of the client's portfolio if the sale proceeds are not enough to repay.
C. D. The Company deposits the proceeds of the sale in the event of implementing sale orders, as contained in this Agreement, in the client's trading account at the Company, within the time specified by the market, minus the commission of the Company and the market and any expenses or costs that may be incurred by the Company. However, the client may withdraw the proceeds of the sale only in the time determined by the Company.
D. E. The Company may withdraw from the client's account directly in case of implementing purchase orders as contained in this Agreement with the value of purchased stocks, the commission of the Company and the market, in addition to any other dues or entitlements. Also, the Company is entitled to withdraw from any other account in the name of the client or any other body in case of non-availability of sufficient funds in the trading account, with priority and preference to any other creditor, with no need to any alert, notification or any other legal action.
E. F. All the property in the portfolio, restricted, deposited or will be deposited in the future, whether in the company's possession or in the possession of its broker who undertakes the payment of all the client's current and future debts when they fall due and any obligations by him to the Company. The Company retains all the client's ’s property and money in his possession as a guarantee to fulfill any obligations by him to the Company. Such property and money shall be deemed :ةيقافتdا هكه ايومو ديةةةصر لةةةيوحت لةةةيمعلا ةةةلعو ةةةةيلاملا لرا ولأا ،وادةةةت باةةةسح حتةةةف لةةةيمعلل ةةةحي .أ نةةم لوةةسلا نةةف اهكةةيف ت نةةف اةةغري نةةتلا ءرا شلا رماوأ ةفاك ةيط تل باسحلل نفاك رةةمأ يأ كةةف ت نةةل ةكرةةشلا أ ةةلع ةةفاويو ردةةي هةةنمو لةةيمعلا رةةقيو ةكرةةشلا ،لاةةخ رةةماوأ ةةةيط تل فاةةك ديةةصر لةةيمعلا باةةسح نةةف رفوةةتي مةةل اةةم لةةيمعلا هردةةصي ءرا ةةش هكه ءرا شلا باةةةسحلا حتةةةف دةةة ع "ةةةةظفحملل ةيقوةةةسلا ةةةةميقلل" ةةةندأ دةةةح &را تةةةشإ ةكرةةةشلل ةةةحي .ب .اهتقايق اسح رخن اقو نم ةميقلا هكه ثيدحتو اةةةةف ةةةةي اك ،اوةةةمأ رفوةةةةت ود لةةةيمعلا اةةةميلعت كةةةيف تب ةكرةةةةشلا اةةةماق ،اةةةح نةةةف . موةةةةقرلل ةفاةةةةضلإاو ةكرةةةةشلل ةقحتةةةةسملا لاةةةلملا ةةةةةفاك ةيوةةةةست هةةةةيلع نةةةة ل ي لةةةيمعلا نةةف لوةةسلا لةةقق نةةم ةيوةةستلل ةددةةحملا ةيمةةقرلا لةةمعلا اعاةةق ،لاخ zيراصملاو هةةناف ةددةةحملا ةدةةملا ،لاةةخ نةةف دادةةسلاو لةةيمعلا مايق مدع ،اح نفو ن،وادتلا لايرات دةة قلا اكةةه رةةقتعيو نةقفةةصلا لةةحم ةيلاملا لرا ولأا نف ليقلاو فرصتلا ةكرشلل حي لاةةلملا ةةةفاك ةيوةةستل لةةيقلا لةةباقم ليةةصحتو ةةلì نةةف ةكرةةشلل لةةيمعلا نةةم ًاةةضيوفت ةةةظفحم نةةم ءزةةي وا لةةك ليييةةست نةةف اةةهقحو ،لاةةخإ ود لةةيمعلا ةةلع ةقحتةةسملا .دادسلا نف ليقلا ةليصح نف ت مل اìا ليمعلا نةةف دراو وةةه املةةسح لةةيقلا رةةماوأ كيف ت ،اح نف ليقلا ادئاع ادياو ةكرشلا موقت .ث نةة مزلا اةةقولا ،لاةةخ ةكرةةشلا ىدةةل لةةيمعلل دئاعلا ،وادتلا باسح نف ةيقافتلإا هكه zيلاةة ت وأ zيراةةصم يأو لوةةسلاو ةكرةةشلا ةةةلومع صقاةةن لوسلا لقق نم ددحملا هكةةه لةةيقلا ادةةئاع احةةق لةةيمعلل نةةقمي d هةةنأ dإ نةكرةةشلا اةةهلمحتت دق اقفن وأ .ةكرشلا هددحت يكلا ن مزلا اقولا نف dإ ءرا ةةشلا رةةماوأ كةةيف ت ،اةةح نةةف ةرةةشالم لةةيمعلا باةةسح نةةم احةةسلا ةكرةةشلل ةةحي .ا لوةةسلاو ةكرةةشلا ةةةلومعو ةرا تةةشملا مهةةقلأا ةةةميقو ةيقافتلإا هكه نف دراو وه املسح نةةم لكةةك احةةسلا اةةهل ةةحي اةةمك ىرةةخأ لوةةقح وأ اقحتةةسم ةةةيأ ةةلإ ةفاةةضلإاو ديةةصرلا رفاوةةت مدةةع ،اةةح نةةف ةةةهي يأ ىدل وأ هيدل ليمعلا مقاو رخآ باسح يأ ةةةياح ودةةب رةةخآ نةةئاد يأ ةةلع ةيلةةضفلأاو ةةةيولولأاو ،وادةةتلا باةةسح نف نفا لا .رخآ ننوناق ءرا يإ يأ وأ راطخإ وأ هيق ت لإ نةةةتلا وأ ةةةةعدوملا وأ ةدةةةيقملا ةةةةظفحملا نةةةف ةدوةةةيوملا اةةة لتمملا لةةةيمي نمةةةضت .ي كةةةف ملا اهطيةةةقو ةةاةةةيح نةةةف وأ ةكرةةةشلا ةةاةةةيح نةةةف ةةةةعقاولا ءاوةةةق ًلاققتةةةسم دوتةةةق اةةمزا تلا ةةةياو اهقاقحتةةقا دةة ع لةةيمعلل ةيلققتةةسملاو ةةةيلاحلا اينويدةةملا لةةيمي دادق هةةتةوحو نةةتلا لةةيمعلا ،اوةةمأو اةة لتمم لةةيمجو ةكرةةشلا لفتةةحت نةكرةةشلا هاةةجت هةةيلع ةةةنوهرم ،اوةةملأاو اةة لتمملا هكةةه رةةقتعتو اةةهلقق هيلع امزا تلا ةيمو ءافولل امضك pledged favor the Company to guarantee all client's obligations, with no need for a special approval to do so. The Company, in the case of the client's non-fulfilling its debts or any of its obligations owed to the Company, shall be entitled ةيملاةةقdا ةعيرةةشلا ماقحمو ،وادتلا باسحو هتظفحمل همادختقإ نف ليمعلا مزتلي .ا ةةةقفاوتملاو ةةةقواطملا ةيملاةةقلإا ااكرةةشلا ةةةمئاقو اdوادةةت نةةم هةةيرجيام نةةف دةةيقتيو ةكرةةشلا ةةةمئاق اةةهرفوت نةةتلا ةةةفلتخملا لاوةةقdا نةةف ةةةعردملا ةيملاةةقdا ةعيرشلا لإم ةةلع ،وادةةتلا نةةع هةةع تماو لةةيمعلا رةةقيو ااثيدةةحتو الايدةةعت نةةم اةةهيلع رأ ةةطي امو اةةعرخ نةةتلا وأ ةيملاةةقdا ةعيرةةشلا لإةةم ةقفاوتم وا ةقواطتم ري لا ااكرشلا مهقأ .ةكرشلا ةمئاق نم :ةيقافتdا هìه اعومو ديةةةصر لةةةيوحت لةةةيمعلا ةةةلعو ةةةةيلاملا لرا و ا ،وادةةةت باةةةسح حتةةةف لةةةيمعلل ةةةحي .أ نةةم لوةةسلا نةةف اهìةةيف ت نةةف اةةغري نةةتلا ءرا شلا رماوأ ةفاك ةيط تل باسحلل نفاك رةةمأ يأ ìةةف ت نةةل ةكرةةشلا أ ةةلع ةةفاويو ردةةي هةةنمو لةةيمعلا رةةقيو ةكرةةشلا ،لاةةخ رةةماوأ ةةةيط تل فاةةك ديةةصر لةةيمعلا باةةسح نةةف رفوةةتي مةةل اةةم لةةيمعلا هردةةصي ءرا ةةش هìه ءرا شلا اةةةةف ةةةةي اك ،اوةةةمأ رفوةةةةت ود لةةةيمعلا ااةةةميلعت ìةةةيف تب ةكرةةةةشلا اةةةماق ،اةةةح نةةةف .ب موةةةةقرلل ةفاةةةةضلإاو ةكرةةةةشلل ةقحتةةةةسملا لاةةةغملا ةةةةةفاك ةيوةةةةست هةةةةيلع نةةةة غ ي لةةةيمعلا نةةف لوةةسلا لةةقق نةةم ةيوةةستلل ةددةةحملا ةيمةةقرلا لةةمعلا ااعاةةق ،لاخ zيراصملاو هةةناف ةددةةحملا ةدةةملا ،لاةةخ نةةف دادةةسلاو لةةيمعلا مايق مدع ،اح نفو ن،وادتلا يرات دةة قلا اìةةه رةةقتعيو نةقفةةصلا لةةحم ةيلاملا لرا و ا نف لإيقلاو فرصتلا ةكرشلل حي لاةةغملا ةةةفاك ةيوةةستل لإةةيقلا لةةباقم ليةةصحتو ةةلì نةةف ةكرةةشلل لةةيمعلا نةةم ًاةةضيوفت ةةةظفحم نةةم ءزةةع وا لةةك ليييةةست نةةف اةةهقحو ،لاةةخإ ود لةةيمعلا ةةلع ةقحتةةسملا .دادسلا نف لإيقلا ةليصح نف ت مل اìا ليمعلا نةةف دراو وةةه امغةةسح لإةةيقلا رةةماوأ ìيف ت ،اح نف لإيقلا اادئاع ادياو ةكرشلا موقت .ا نةة مزلا اةةقولا ،لاةةخ ةكرةةشلا دةةل لةةيمعلل دئاعلا ،وادتلا باسح نف ةيقافتلإا هìه zيلاةة ت وأ zيراةةصم يأو لوةةسلاو ةكرةةشلا ةةةلومع صقاةةن لوسلا لقق نم ددحملا هìةةه لإةةيقلا اادةةئاع احةةق لةةيمعلل نةةقمي d هةةنأ dإ نةكرةةشلا اةةهلمحتت دق ااقفن وأ .ةكرشلا هددحت يìلا ن مزلا اقولا نف dإ ءرا ةةشلا رةةماوأ ìةةيف ت ،اةةح نةةف ةرةةشاغم لةةيمعلا باةةسح نةةم احةةسلا ةكرةةشلل ةةحي .ث لوةةسلاو ةكرةةشلا ةةةلومعو ةرا تةةشملا مهةةق ا ةةةميقو ةيقافتلإا هìه نف دراو وه امغسح نةةم لìةةك احةةسلا اةةهل ةةحي اةةمك رةةخأ لوةةقح وأ ااقحتةةسم ةةةيأ ةةلإ ةفاةةضلإاو ديةةصرلا رفاوةةت مدةةع ،اةةح نةةف ةةةهع يأ دل وأ هيدل ليمعلا مقاو رخآ باسح يأ ةةةعاح ودةةب رةةخآ نةةئاد يأ ةةلع ةيلةةضف او ةةةيولو او ،وادةةتلا باةةسح نف نفا لا .رخآ ننوناق ءرا عإ يأ وأ راطخإ وأ هيق ت لإ نةةةتلا وأ ةةةةعدوملا وأ ةدةةةيقملا ةةةةظفحملا نةةةف ةدوةةةعوملا ااةةة لتمملا لإةةةيمع نمةةةضت .ا ìةةةف ملا اهطيةةةقو ةةاةةةيح نةةةف وأ ةكرةةةشلا ةةاةةةيح نةةةف ةةةةعقاولا ءاوةةةق ًلاققتةةةسم دوتةةةق ااةةمزا تلا ةةةياو اهقاقحتةةقا دةة ع لةةيمعلل ةيلققتةةسملاو ةةةيلاحلا ااينويدةةملا لإةةيمع دادق هةةتةوحو نةةتلا لةةيمعلا ،اوةةمأو ااةة لتمم لإةةيمجو ةكرةةشلا لفتةةحت نةكرةةشلا هاةةجت هةةيلع ةةةنوهرم ،اوةةم او ااةة لتمملا هìةةه رةةقتعتو اةةهلقق هيلع اامزا تلا ةيمو ءافولل امضك ررا ةةقإ ةةلإ ةةةعاح ود لةةيمعلا ااةةمزا تلا ةةةفا ل ًانامةةض ةكرةةشلا حلاةةصل ًاةةيةايح اةة هر ةةةةيا وأ هةةةتينويدمو ءاةةةفولاو لةةةيمعلا ،لاةةةخإ ةةةةلاح نةةةف ةكرةةةشلل ةةةحيو ن لìةةةب باةةخ ،اوةةةةم او ااةةة لتمملاو مهةةةقdا ةكرةةةشلا ةةةلمت ةةةحو اةةةهل ةقحتةةةسم هةةةيلع ااةةةمزا تلا to own the stock, property and pledged funds, or to sell them in accordance with the provisions of Article 5, paragraph (8) of Act 22 for the year 2015 on amending some provisions of Law No. 7 for the year 2010 on establishing the Capital Market Authority.
F. G. The Company may dispose of purchased securities in its sole discretion in case the client is unable to pay off their purchase value plus the commission of the Company and the market, or any payments or commitments to the Company, during the period specified in item 5-B. The Company is entitled to sell or own those securities with at the market price, whatever it is, without any liability on to the Company as a result of this sale. This item is considered an explicit and irrevocable authorization from the client to the Company to do so. The client bears the responsible responsibility to compensate the Company for any losses or damages caused by the sale due to the client's failure to pay, fully or partially, including, for example, attorneys' fees and judicial duties. This item is considered an explicit and irrevocable authorization from the client to the Company to deduct from the client's account or any other account for him in any other bank or at any other body, with the value of these losses in addition to any dues related to this loss.
G. H. The company is entitled to, without any responsibility on it, to sell any of the elements and components of the portfolio subject of this contract, wholly or partly, and to use the sale proceeds to repay any obligations to the client to the Company resulting from the implementation of this contract. The client acknowledges his prior approval to conduct this sale and this item is considered explicit and irrevocable authorization from the client to the Company to do so.
I. In order to protect the rights of all “KFH Trade” clients, the company, after notifying the client, has the authority to access his account to correct any errors or make any settlements on the account by executing sales transactions of any assets of the trading account, or by buying using the available cash in it, or canceling any deals executed or existing orders from the client which he has no right to do for any reason. These transactions are considered valid and acceptable to the client as long as they are justified, the client’s using of “KFH Trade” service is considered as approval of this condition.
Appears in 1 contract
Sources: Trading Service Agreement
Financial Settlement. Under this agreement:
A. The client is entitled to open a securities trading account and shall transfer sufficient funds to the account to cover all purchase orders he wants to implement in the market through the Company and acknowledges and agrees that the Company will not implement any purchase order issued by the client unless the client's account includes a balance sufficient to cover these purchase orders.
B. The company has the right to stipulate a minimum "Portfolio market value "upon opening the account and to update the minimum value requirements from time to time according to its policies . The company has the right to suspend the service if this value falls below the minimum limit until it increases to the required limit.
C. In case the Company has implemented the client's instructions without the provision of sufficient funds, the client shall settle all amounts owed to the Company in addition to the fees and expenses during official working hours specified for the settlement by the market at the trade date. In case the event of the client's non-payment within the specified period, the Company becomes entitled to dispose by selling the transacted securities. This item is deemed an authorization from the client to the Company to do so and to collect the price of sale to settle all amounts owed by the client, without prejudicing the Company's right to liquidate all or part of the client's portfolio if the sale proceeds are not enough to repay.
C. D. The Company deposits the proceeds of the sale in the event of implementing sale orders, as contained in this Agreement, in the client's trading account at the Company, within the time specified by the market, minus the commission of the Company and the market and any expenses or costs that may be incurred by the Company. However, the client may withdraw the proceeds of the sale only in the time determined by the Company.
D. E. The Company may withdraw from the client's account directly in case of implementing purchase orders as contained in this Agreement with the value of purchased stocks, the commission of the Company and the market, in addition to any other dues or entitlements. Also, the Company is entitled to withdraw from any other account in the name of the client or any other body in case of non-availability of sufficient funds in the trading account, with priority and preference to any other creditor, with no need to any alert, notification or any other legal action.
E. F. All the property in the portfolio, restricted, deposited or will be deposited in the future, whether in the company's possession or in the possession of its broker who undertakes the payment of all the client's current and future debts when they fall due and any obligations by him to the Company. The Company retains all the client's ’s property and money in his possession as a guarantee to fulfill any obligations by him to the Company. Such property and money shall be deemed pledged favor the Company to guarantee all client's obligations, with no need for a special approval to do so. The Company, in the case of the client's non-fulfilling its debts or any of its obligations owed to the Company, shall be entitled ةيملاةةقdا ةعيرةةشلا ماقحمو ،وادتلا باسحو هتظفحمل همادختقإ نف ليمعلا مزتلي .ا ةةةقفاوتملاو ةةةقواطملا ةيملاةةقلإا ااكرةةشلا ةةةمئاقو اdوادةةت نةةم هةةيرجيام نةةف دةةيقتيو ةكرةةشلا ةةةمئاق اةةهرفوت نةةتلا ةةةفلتخملا لاوةةقdا نةةف ةةةعردملا ةيملاةةقdا ةعيرشلا لإم ةةلع ،وادةةتلا نةةع هةةع تماو لةةيمعلا رةةقيو ااثيدةةحتو الايدةةعت نةةم اةةهيلع رأ ةةطي امو اةةعرخ نةةتلا وأ ةيملاةةقdا ةعيرةةشلا لإةةم ةقفاوتم وا ةقواطتم ري لا ااكرشلا مهقأ .ةكرشلا ةمئاق نم :ةيقافتdا هìه اعومو هكه ايومو ديةةةصر لةةةيوحت لةةةيمعلا ةةةلعو ةةةةيلاملا لرا و ا ولأا ،وادةةةت باةةةسح حتةةةف لةةةيمعلل ةةةحي .أ نةةم لوةةسلا نةةف اهìةةيف اهكةةيف ت نةةف اةةغري نةةتلا ءرا شلا رماوأ ةفاك ةيط تل باسحلل نفاك رةةمأ يأ ìةةف كةةف ت نةةل ةكرةةشلا أ ةةلع ةةفاويو ردةةي هةةنمو هةةن و لةةيمعلا رةةقيو ةكرةةشلا ،لاةةخ رةةماوأ ةةةيط تل فاةةك ديةةصر لةةيمعلا باةةسح نةةف رفوةةتي مةةل اةةم لةةيمعلا هردةةصي ءرا ةةش هìه هكه ءرا شلا باةةةسحلا حتةةةف دةةة ع "ةةةةظفحملل ةيقوةةةسلا ةةةةميقلل" ةةةندأ دةةةح &را تةةةشإ ةكرةةةشلل ةةةحي .ب .اهتقايق اسح رخن اقو نم ةميقلا هكه ثيدحتو اةةةةف ةةةةي اك ،اوةةةمأ رفوةةةةت ود لةةةيمعلا ااةةةميلعت ìةةةيف اةةةميلعت كةةةيف تب ةكرةةةةشلا اةةةماق ،اةةةح نةةةف .ب . موةةةةقرلل ةفاةةةةضلإاو ةكرةةةةشلل ةقحتةةةةسملا لاةةةغملا لاةةةلملا ةةةةةفاك ةيوةةةةست هةةةةيلع نةةةة غ ل ي لةةةيمعلا نةةف لوةةسلا لةةقق نةةم ةيوةةستلل ةددةةحملا ةيمةةقرلا لةةمعلا ااعاةةق اعاةةق ،لاخ zيراصملاو هةةناف ةددةةحملا ةدةةملا ،لاةةخ نةةف دادةةسلاو لةةيمعلا مايق مدع ،اح نفو ن،وادتلا يرات لايرات دةة قلا اìةةه اكةةه رةةقتعيو نةقفةةصلا لةةحم ةيلاملا لرا و ا ولأا نف لإيقلاو ليقلاو فرصتلا ةكرشلل حي لاةةغملا لاةةلملا ةةةفاك ةيوةةستل لإةةيقلا لةةيقلا لةةباقم ليةةصحتو ةةلì نةةف ةكرةةشلل لةةيمعلا نةةم ًاةةضيوفت ةةةظفحم نةةم ءزةةع ءزةةي وا لةةك ليييةةست نةةف اةةهقحو ،لاةةخإ ود لةةيمعلا ةةلع ةقحتةةسملا .دادسلا نف لإيقلا ليقلا ةليصح نف ت مل اìا ليمعلا نةةف دراو وةةه امغةةسح لإةةيقلا املةةسح لةةيقلا رةةماوأ ìيف كيف ت ،اح نف لإيقلا اادئاع ليقلا ادئاع ادياو ةكرشلا موقت .ا .ث نةة مزلا اةةقولا ،لاةةخ ةكرةةشلا دةةل ىدةةل لةةيمعلل دئاعلا ،وادتلا باسح نف ةيقافتلإا هìه هكه zيلاةة ت وأ zيراةةصم يأو لوةةسلاو ةكرةةشلا ةةةلومع صقاةةن لوسلا لقق نم ددحملا هìةةه لإةةيقلا اادةةئاع هكةةه لةةيقلا ادةةئاع احةةق لةةيمعلل نةةقمي d هةةنأ dإ نةكرةةشلا اةةهلمحتت دق ااقفن اقفن وأ .ةكرشلا هددحت يìلا يكلا ن مزلا اقولا نف dإ ءرا ةةشلا رةةماوأ ìةةيف كةةيف ت ،اةةح نةةف ةرةةشاغم ةرةةشالم لةةيمعلا باةةسح نةةم احةةسلا ةكرةةشلل ةةحي .ث .ا لوةةسلاو ةكرةةشلا ةةةلومعو ةرا تةةشملا مهةةق ا مهةةقلأا ةةةميقو ةيقافتلإا هìه هكه نف دراو وه امغسح املسح نةةم لìةةك لكةةك احةةسلا اةةهل ةةحي اةةمك رةةخأ ىرةةخأ لوةةقح وأ ااقحتةةسم اقحتةةسم ةةةيأ ةةلإ ةفاةةضلإاو ديةةصرلا رفاوةةت مدةةع ،اةةح نةةف ةةةهع ةةةهي يأ دل ىدل وأ هيدل ليمعلا مقاو رخآ باسح يأ ةةةعاح ةةةياح ودةةب رةةخآ نةةئاد يأ ةةلع ةيلةةضف او ةةةيولو او ةيلةةضفلأاو ةةةيولولأاو ،وادةةتلا باةةسح نف نفا لا .رخآ ننوناق ءرا عإ يإ يأ وأ راطخإ وأ هيق ت لإ نةةةتلا وأ ةةةةعدوملا وأ ةدةةةيقملا ةةةةظفحملا نةةةف ةدوةةةعوملا ااةةة ةدوةةةيوملا اةةة لتمملا لإةةةيمع لةةةيمي نمةةةضت .ا ìةةةف .ي كةةةف ملا اهطيةةةقو ةةاةةةيح نةةةف وأ ةكرةةةشلا ةةاةةةيح نةةةف ةةةةعقاولا ءاوةةةق ًلاققتةةةسم دوتةةةق ااةةمزا اةةمزا تلا ةةةياو اهقاقحتةةقا دةة ع لةةيمعلل ةيلققتةةسملاو ةةةيلاحلا ااينويدةةملا لإةةيمع اينويدةةملا لةةيمي دادق هةةتةوحو نةةتلا لةةيمعلا ،اوةةمأو ااةة اةة لتمم لإةةيمجو لةةيمجو ةكرةةشلا لفتةةحت نةكرةةشلا هاةةجت هةةيلع ةةةنوهرم ،اوةةم او ااةة اوةةملأاو اةة لتمملا هìةةه هكةةه رةةقتعتو اةةهلقق هيلع اامزا امزا تلا ةيمو ةي و ءافولل امضك ررا ةةقإ ةةلإ ةةةعاح ود لةةيمعلا ااةةمزا تلا ةةةفا ل ًانامةةض ةكرةةشلا حلاةةصل ًاةةيةايح اةة هر ةةةةيا وأ هةةةتينويدمو ءاةةةفولاو لةةةيمعلا ،لاةةةخإ ةةةةلاح نةةةف ةكرةةةشلل ةةةحيو ن لìةةةب باةةخ ،اوةةةةم او ااةةة لتمملاو مهةةةقdا ةكرةةةشلا ةةةلمت ةةةحو اةةةهل ةقحتةةةسم هةةةيلع ااةةةمزا تلا to own the stocktransactions, property and pledged fundsorders, transactions, or any deal on the web page, the specified website or the program site, in addition to sell them in accordance with any inaccurate entry that shows that the provisions order, including the cancellation or amendment of Article 5any previous order, paragraph (8) has been received, disposed of Act 22 for the year 2015 on amending some provisions of Law No. 7 for the year 2010 on establishing the Capital Market Authority.لةةقوم وأ ددةةحملا لةةقوملا وأ ةةةينورت للإا ةحفةةصلا ةةلع ةقفةةص يأ وأ لاماةةعملا وأ ليدةةعت وأ ءاةة لإ ةةلì نةةف اةةمو رةةملأا ةةو نيةةقي ةةيقد رةةيغ ،اةةخدإ يأ لكةةكو جمرا ةةقلا
F. G. The Company may dispose of purchased securities in its sole discretion in case the client is unable to pay off their purchase value plus the commission of the Company and the market, or any payments or commitments to the Company, during the period specified in item 5-B. The Company is entitled to sell or own those securities with at the market price, whatever it is, without any liability on to the Company as a result of this sale. This item is considered an explicit and irrevocable authorization from the client to the Company to do so. The client bears the responsible responsibility to compensate the Company for any losses or damages caused by the sale due to the client's failure to pay, fully or partially, including, for example, attorneys' fees and judicial duties. This item is considered an explicit and irrevocable authorization from the client to the Company to deduct from the client's account or any other account for him in any other bank or at any other body, with the value of these losses in addition to any dues related to this loss.
G. . H. The company is entitled to, without any responsibility on it, to sell any of the elements and components of the portfolio subject of this contract, wholly or partly, and to use the sale proceeds to repay any obligations to the client to the Company resulting from the implementation of this contract. The client acknowledges his prior approval to conduct this sale and this item is considered explicit and irrevocable authorization from the client to the Company to do so. I. In order to protect the rights of all “KFH Trade” clients, the company, after notifying the client, has the authority to access his account to correct any errors or make any settlements on the account by executing sales transactions of any assets of the trading account, or by buying using the available cash in it, or canceling any deals executed or existing orders from the client which he has no right to do for any reason. These transactions are considered valid and acceptable to the client as long as they are justified, the client’s using of “KFH Trade” service is considered as approval of this condition.
Appears in 1 contract
Sources: Trading Service Agreement
Financial Settlement. Under this agreement:
A. The client is entitled to open a securities trading account and shall transfer sufficient funds to the account to cover all purchase orders he wants to implement in the market through the Company and acknowledges and agrees that the Company will not implement any purchase order issued by the client unless the client's account includes has a balance sufficient to cover these purchase orders.
B. The company has the right to stipulate a minimum "Portfolio Market Value "upon opening the account and to update thisthis value from time to time according to its policies and shall, upon the client’s request, issue a certificate to the client indicating the portfolio’s market value. The company has the right to suspend the service if this value falls below the minimum limit until it increases to the required limit.
C. In case the Company has implemented the client's instructions without the provision availability of sufficient funds, the client shall settle all amounts owed to the Company in addition to the fees and expenses during official working hours specified for the settlement by the market at the trade trading date. In case the event of the client's non-payment within the specified period, the Company becomes entitled to dispose by selling the transacted securities. This item is deemed an authorization from the client to the Company to do so and to collect the price of sale to settle all amounts owed by the client, without prejudicing the Company's right to liquidate all or part of the client's portfolio if the sale proceeds are not enough to repay.
C. D. The Company deposits the proceeds of the sale in the event of implementing sale orders, as contained in this Agreement, in the client's trading account at with the Company, within the time specified by the market, minus less the commission of the Company and the market and any expenses expenses, costs or costs charges that may be incurred by the Company. However, the client may withdraw the proceeds of the sale only in at the time determined by the Company.
D. E. The Company may withdraw from the client's account directly in case of implementing purchase orders as contained in this Agreement with for the value of purchased stockssecurities, the commission of the Company and the market, in addition to any other dues or entitlements. Also, the Company is entitled to withdraw from any other account in the name of the client or any other body with it in case of non-availability of sufficient funds in the trading account, with priority and preference to any other creditor, with no need to any alert, notification or any other legal action.
E. F. All the property in the portfolio, restricted, deposited or will be deposited in the future, whether in the company's possession or in the possession of its broker who undertakes the payment of all the client's current and future debts when they fall due and any obligations by him to the Company. The Company retains all the client's ’s property and money in his possession as a guarantee collateral to fulfill any obligations by him to the Company. Such property and money shall be deemed pledged favor the Company to guarantee all client's obligations, with no need for a special approval to do so. The Company, in the case of the client's non-fulfilling its debts or any of its obligations owed to the Company, shall be entitled ةيملاةةقdا ةعيرةةشلا ماقحمو ،وادتلا باسحو هتظفحمل همادختقإ نف ليمعلا مزتلي .ا ةةةقفاوتملاو ةةةقواطملا ةيملاةةقلإا ااكرةةشلا ةةةمئاقو اdوادةةت نةةم هةةيرجيام نةةف دةةيقتيو ةكرةةشلا ةةةمئاق اةةهرفوت نةةتلا ةةةفلتخملا لاوةةقdا نةةف ةةةعردملا ةيملاةةقdا ةعيرشلا لإم ةةلع ،وادةةتلا نةةع هةةع تماو لةةيمعلا رةةقيو ااثيدةةحتو الايدةةعت نةةم اةةهيلع رأ ةةطي امو اةةعرخ نةةتلا وأ ةيملاةةقdا ةعيرةةشلا لإةةم ةقفاوتم وا ةقواطتم ري لا ااكرشلا مهقأ .ةكرشلا ةمئاق نم :ةيقافتdا هìه اعومو ديةةةصر لةةةيوحت لةةةيمعلا ةةةلعو ةةةةيلاملا لرا و ا ،وادةةةت باةةةسح حتةةةف لةةةيمعلل ةةةحي .أ نةةم لوةةسلا نةةف اهìةةيف ت نةةف اةةغري نةةتلا ءرا شلا رماوأ ةفاك ةيط تل باسحلل نفاك رةةمأ يأ ìةةف ت نةةل ةكرةةشلا أ ةةلع ةةفاويو ردةةي هةةنمو لةةيمعلا رةةقيو ةكرةةشلا ،لاةةخ رةةماوأ ةةةيط تل فاةةك ديةةصر لةةيمعلا باةةسح نةةف رفوةةتي مةةل اةةم لةةيمعلا هردةةصي ءرا ةةش هìه ءرا شلا اةةةةف ةةةةي اك ،اوةةةمأ رفوةةةةت ود لةةةيمعلا ااةةةميلعت ìةةةيف تب ةكرةةةةشلا اةةةماق ،اةةةح نةةةف .ب موةةةةقرلل ةفاةةةةضلإاو ةكرةةةةشلل ةقحتةةةةسملا لاةةةغملا ةةةةةفاك ةيوةةةةست هةةةةيلع نةةةة غ ي لةةةيمعلا نةةف لوةةسلا لةةقق نةةم ةيوةةستلل ةددةةحملا ةيمةةقرلا لةةمعلا ااعاةةق ،لاخ zيراصملاو هةةناف ةددةةحملا ةدةةملا ،لاةةخ نةةف دادةةسلاو لةةيمعلا مايق مدع ،اح نفو ن،وادتلا يرات دةة قلا اìةةه رةةقتعيو نةقفةةصلا لةةحم ةيلاملا لرا و ا نف لإيقلاو فرصتلا ةكرشلل حي لاةةغملا ةةةفاك ةيوةةستل لإةةيقلا لةةباقم ليةةصحتو ةةلì نةةف ةكرةةشلل لةةيمعلا نةةم ًاةةضيوفت ةةةظفحم نةةم ءزةةع وا لةةك ليييةةست نةةف اةةهقحو ،لاةةخإ ود لةةيمعلا ةةلع ةقحتةةسملا .دادسلا نف لإيقلا ةليصح نف ت مل اìا ليمعلا نةةف دراو وةةه امغةةسح لإةةيقلا رةةماوأ ìيف ت ،اح نف لإيقلا اادئاع ادياو ةكرشلا موقت .ا نةة مزلا اةةقولا ،لاةةخ ةكرةةشلا دةةل لةةيمعلل دئاعلا ،وادتلا باسح نف ةيقافتلإا هìه zيلاةة ت وأ zيراةةصم يأو لوةةسلاو ةكرةةشلا ةةةلومع صقاةةن لوسلا لقق نم ددحملا هìةةه لإةةيقلا اادةةئاع احةةق لةةيمعلل نةةقمي d هةةنأ dإ نةكرةةشلا اةةهلمحتت دق ااقفن وأ .ةكرشلا هددحت يìلا ن مزلا اقولا نف dإ ءرا ةةشلا رةةماوأ ìةةيف ت ،اةةح نةةف ةرةةشاغم لةةيمعلا باةةسح نةةم احةةسلا ةكرةةشلل ةةحي .ث لوةةسلاو ةكرةةشلا ةةةلومعو ةرا تةةشملا مهةةق ا ةةةميقو ةيقافتلإا هìه نف دراو وه امغسح نةةم لìةةك احةةسلا اةةهل ةةحي اةةمك رةةخأ لوةةقح وأ ااقحتةةسم ةةةيأ ةةلإ ةفاةةضلإاو ديةةصرلا رفاوةةت مدةةع ،اةةح نةةف ةةةهع يأ دل وأ هيدل ليمعلا مقاو رخآ باسح يأ ةةةعاح ودةةب رةةخآ نةةئاد يأ ةةلع ةيلةةضف او ةةةيولو او ،وادةةتلا باةةسح نف نفا لا .رخآ ننوناق ءرا عإ يأ وأ راطخإ وأ هيق ت لإ نةةةتلا وأ ةةةةعدوملا وأ ةدةةةيقملا ةةةةظفحملا نةةةف ةدوةةةعوملا ااةةة لتمملا لإةةةيمع نمةةةضت .ا ìةةةف ملا اهطيةةةقو ةةاةةةيح نةةةف وأ ةكرةةةشلا ةةاةةةيح نةةةف ةةةةعقاولا ءاوةةةق ًلاققتةةةسم دوتةةةق ااةةمزا تلا ةةةياو اهقاقحتةةقا دةة ع لةةيمعلل ةيلققتةةسملاو ةةةيلاحلا ااينويدةةملا لإةةيمع دادق هةةتةوحو نةةتلا لةةيمعلا ،اوةةمأو ااةة لتمم لإةةيمجو ةكرةةشلا لفتةةحت نةكرةةشلا هاةةجت هةةيلع ةةةنوهرم ،اوةةم او ااةة لتمملا هìةةه رةةقتعتو اةةهلقق هيلع اامزا تلا ةيمو ءافولل امضك ررا ةةقإ ةةلإ ةةةعاح ود لةةيمعلا ااةةمزا تلا ةةةفا ل ًانامةةض ةكرةةشلا حلاةةصل ًاةةيةايح اةة هر ةةةةيا وأ هةةةتينويدمو ءاةةةفولاو لةةةيمعلا ،لاةةةخإ ةةةةلاح نةةةف ةكرةةةشلل ةةةحيو ن لìةةةب باةةخ ،اوةةةةم او ااةةة لتمملاو مهةةةقdا ةكرةةةشلا ةةةلمت ةةةحو اةةةهل ةقحتةةةسم هةةةيلع ااةةةمزا تلا to own the stock, property and pledged funds, or to sell them in accordance with the provisions of Article 5, paragraph (8) of :ةيقافتdا اìه بج مو ويدددصر لدددي حت لددديمعلا دددلعو ةددديلاملا لرا وما واودددت بادددس حتدددف لددديمعلل دددحي .أ نددم ل ددسلا نددف اهìدديف ت نددف بددغوي نددتلا ءوا شلا وماوأ ةفاك ةيطاتل باسحلل نفاك ندددف وف دددتي مدددل ادددم لددديمعلا ارودددصي ءوا دددش ودددمأ يأ ةكودددشلا ìدددف ت ندددل ةكودددشلا لادددخ .اìه ءوا شلا وماوأ ةيطاتل فاك ويصر ليمعلا باس بادددسحلا حتدددف وددد ع "ةدددظفحملل ةيق دددسلا ةدددميقلل" دددودأ وددد لأوا تدددشإ ةكودددشلل دددحي .ب ةداهدددش راودددصإو , دددقتو واهتدددقايق بدددس ودددخلآ ادددقو ندددم ةدددميقلا اìددده ثيودددحتو .ليمعلا بلط و ع ةظفحملل ةيق سلا ةميقلاو ليمعلل إددددف ةددديفاك ا ددددمأ وف دددت ود لدددديمعلا تادددميلعت ìدددديف تب ةكودددشلا اددددماق اددد ندددف .ت , ددددقولل ةفاددددضلإاو ةكوددددشلل ةقحتددددسملا لادددقملا ةددددفاك ةي ددددست هدددديلع ندددداق ي لددديمعلا نددف ل ددسلا لددقق نددم ةي ددستلل ةدوددحملا ةيمددقولا لددمعلا تاعاددق لاخ zيراصملاو هددوإف ةدوددحملا ةوددملا لاددخ نددف داوددسلاو لدديمعلا ,ايق ,وع ا نفو و واوتلا قيرات ودد قلا اìدده وددقتعيو وةقفددصلا لددحم ةيلاملا لرا وما نف تيقلاو فوصتلا ةكوشلل حي لاددقملا ةددفاك ةي ددستل تدديقلا لددباقم ليددصحتو نددلì نددف ةكوددشلل لدديمعلا نددم ˝اددضي فت ةددظفحم نددم ءزددج وا لددك ليييددست نددف اددهقحو لاددخإ ود لدديمعلا ددلع ةقحتددسملا .داوسلا نف تيقلا ةليص نف ت مل اìا ليمعلا نددف دراو دده امقددس تدديقلا وددماوأ ìيف ت ا نف تيقلا تاوئاع اويإو ةكوشلا , قت .ث ندد مزلا اددق لا لاددخ ةكوددشلا ىوددل لدديمعلل وئاعلا واوتلا باس نف ةيقافتلإا اìه فيلادد ت وأ zيراددصم يأو ل ددسلاو ةكوددشلا ةددل مع صقاددو ل سلا لقق نم دوحملا اìدده تدديقلا تاوددئاع بحددق لدديمعلل نددومي d هددوأ dإ وةكوددشلا اددهلمحتت وق تاقفو وأ .ةكوشلا ادوحت يìلا ن مزلا اق لا نف dإ ءوا ددشلا وددماوأ ìدديف ت ادد نددف ةوددشاقم لدديمعلا باددس نددم بحددسلا ةكوددشلل ددحي . ةكوددشلا ةددل معو ةوا تددشملا ةدديلاملا لرا وما ةددميقو ةدديقافتلإا اìدده نددف دراو دده امقددس بحدددسلا ادددهل دددحي ادددمك ىودددخأ ل دددق وأ تاقحتدددسم ةددديأ دددلإ ةفادددضلإاو ل دددسلاو نفادد لا ويددصولا وفا ددت ,وددع ادد نف هيول ليمعلا مقإو وخآ باس يأ نم نلìك ندددتلا وأ ةدددعد ملا وأ ةوددديقملا ةدددظفحملا ندددف ةد دددج ملا تاددد لتمملا تددديمج نمدددضت .ل ìدددف ملا اهطيدددقو ةزادددي ندددف وأ ةكودددشلا ةزادددي ندددف ةدددعقا لا ءا دددق ˝لاققتدددسم د تدددق تاددمزا تلا ةددياو اهقاقحتددقا ودد ع لدديمعلل ةيلققتددسملاو ةدديلاحلا تايو يوددملا تدديمج داوق لدديمعلا ا ددمأ نمددض ةكوددشلل ءادما ةقحتددسم لاددقملا لخوددت dو ةكوددشلا ااجت هيلع هددتز حو نددتلا لدديمعلا ا ددمأو تادد لتمم تدديمجو ةكوشلا لفتحتو وةيقافتلإا اìه فو ةددو هوم ا ددمماو تادد لتمملا اìدده وددقتعتو اددهلقق هيلع تامزا تلا ةي و ءاف لل امضك روا ددقإ ددلإ ةددجا ود لدديمعلا تاددمزا تلا ةددفا ل ˝اوامددض ةكوددشلا حلاددصل ˝ادديزاي ادد هر ةددديا وأ هدددتيو يومو ءادددف لاو لددديمعلا لادددخإ ةدددلا ندددف ةكودددشلل دددحيو ونلìدددب باددخ ا ددددمماو تاددد لتمملاو مهدددقdا ةكودددشلا ندددلمت دددحو ادددهل ةقحتدددسم هددديلع تادددمزا تلا Act 22 for the year 2015 on amending some provisions of Law No. 7 for the year 2010 on establishing the Capital Market Markets Authority.
F. G. The Company may dispose of purchased securities in at its sole discretion in case the client is unable to pay off their purchase value plus the commission of the Company and the market, or any payments or commitments to the Company, during within the period specified in item Clause 5-B. C. The Company is entitled to sell or own those securities with at the market price, whatever it is, without any liability on the part of the Company as a result of this sale. This item clause is considered an explicit and irrevocable authorization from the client to the Company to do so. The client bears the responsible responsibility to compensate the Company for any losses or damages caused by the sale due to the client's failure to pay, fully or partially, including, for examplebut not limited to, attorneys' fees and judicial dutiescharges. This item clause is considered an explicit and irrevocable authorization from the client to the Company to deduct from the client's account or any other account for belonging to him in with any other bank or at any other bodyparty, with the value of these losses in addition to any dues related to this loss.
G. H. The company is entitled to, without any responsibility on itits part, to sell any of the elements and components of the portfolio subject of this contractagreement, wholly or partlypartially, and to use the sale proceeds to repay any obligations to on the client to the Company resulting from the implementation of this contractagreement. The client acknowledges his prior approval to conduct this sale and this item is considered clause serves as explicit and irrevocable authorization from the client to the Company to do so.
I. In order to preserve the rights of all “KFH Trade” clients, the company, after notifying the client, has the authority to access his account to rectify any errors or make any settlements on the account by executing sales transactions of any assets of the trading account, or by buying using the available cash therein, or canceling any deals executed or existing orders from the client which he has no right to conduct for any reason. These transactions are considered valid and acceptable to the client as long as they are justified, and the client’s use of “KFH Trade” service is considered as his approval of this condition.
Appears in 1 contract
Sources: Trading Service Agreement
Financial Settlement. Under this agreement:
A. The client is entitled to open a securities trading account and shall transfer sufficient funds to the account to cover all purchase orders he wants to implement in the market through the Company and acknowledges and agrees that the Company will not implement any purchase order issued by the client unless the client's account includes has a balance sufficient to cover these purchase orders.
B. The company has the right to stipulate a minimum "Portfolio Market Value "upon opening the account and to update thisthis value from time to time according to its policies and shall, upon the client’s request, issue a certificate to the client indicating the portfolio’s market value. The company has the right to suspend the service if this value falls below the minimum limit until it increases to the required limit.
C. In case the Company has implemented the client's instructions without the provision availability of sufficient funds, the client shall settle all amounts owed to the Company in addition to the fees and expenses during official working hours specified for the settlement by the market at the trade trading date. In case the event of the client's non-payment within the specified period, the Company becomes entitled to dispose by selling the transacted securities. This item is deemed an authorization from the client to the Company to do so and to collect the price of sale to settle all amounts owed by the client, without prejudicing the Company's right to liquidate all or part of the client's portfolio if the sale proceeds are not enough to repay.
C. D. The Company deposits the proceeds of the sale in the event of implementing sale orders, as contained in this Agreement, in the client's trading account at with the Company, within the time specified by the market, minus less the commission of the Company and the market and any expenses expenses, costs or costs charges that may be incurred by the Company. However, the client may withdraw the proceeds of the sale only in at the time determined by the Company.
D. E. The Company may withdraw from the client's account directly in case of implementing purchase orders as contained in this Agreement with for the value of purchased stockssecurities, the commission of the Company and the market, in addition to any other dues or entitlements. Also, the Company is entitled to withdraw from any other account in the name of the client or any other body with it in case of non-availability of sufficient funds in the trading account, with priority and preference to any other creditor, with no need to any alert, notification or any other legal action.
E. F. All the property in the portfolio, restricted, deposited or will be deposited in the future, whether in the company's possession or in the possession of its broker who undertakes the payment of all the client's current and future debts when they fall due and any obligations by him to the Company. The Company retains all the client's ’s property and money in his possession as a guarantee collateral to fulfill any obligations by him to the Company. Such property and money shall be deemed pledged favor the Company to guarantee all client's obligations, with no need for a special approval to do so. The Company, in the case of the client's non-fulfilling its debts or any of its obligations owed to the Company, shall be entitled ةيملاةةقdا ةعيرةةشلا ماقحمو ،وادتلا باسحو هتظفحمل همادختقإ نف ليمعلا مزتلي .ا ةةةقفاوتملاو ةةةقواطملا ةيملاةةقلإا ااكرةةشلا ةةةمئاقو اdوادةةت نةةم هةةيرجيام نةةف دةةيقتيو ةكرةةشلا ةةةمئاق اةةهرفوت نةةتلا ةةةفلتخملا لاوةةقdا نةةف ةةةعردملا ةيملاةةقdا ةعيرشلا لإم ةةلع ،وادةةتلا نةةع هةةع تماو لةةيمعلا رةةقيو ااثيدةةحتو الايدةةعت نةةم اةةهيلع رأ ةةطي امو اةةعرخ نةةتلا وأ ةيملاةةقdا ةعيرةةشلا لإةةم ةقفاوتم وا ةقواطتم ري لا ااكرشلا مهقأ .ةكرشلا ةمئاق نم :ةيقافتdا هìه اعومو ديةةةصر لةةةيوحت لةةةيمعلا ةةةلعو ةةةةيلاملا لرا و ا ،وادةةةت باةةةسح حتةةةف لةةةيمعلل ةةةحي .أ نةةم لوةةسلا نةةف اهìةةيف ت نةةف اةةغري نةةتلا ءرا شلا رماوأ ةفاك ةيط تل باسحلل نفاك رةةمأ يأ ìةةف ت نةةل ةكرةةشلا أ ةةلع ةةفاويو ردةةي هةةنمو لةةيمعلا رةةقيو ةكرةةشلا ،لاةةخ رةةماوأ ةةةيط تل فاةةك ديةةصر لةةيمعلا باةةسح نةةف رفوةةتي مةةل اةةم لةةيمعلا هردةةصي ءرا ةةش هìه ءرا شلا اةةةةف ةةةةي اك ،اوةةةمأ رفوةةةةت ود لةةةيمعلا ااةةةميلعت ìةةةيف تب ةكرةةةةشلا اةةةماق ،اةةةح نةةةف .ب موةةةةقرلل ةفاةةةةضلإاو ةكرةةةةشلل ةقحتةةةةسملا لاةةةغملا ةةةةةفاك ةيوةةةةست هةةةةيلع نةةةة غ ي لةةةيمعلا نةةف لوةةسلا لةةقق نةةم ةيوةةستلل ةددةةحملا ةيمةةقرلا لةةمعلا ااعاةةق ،لاخ zيراصملاو هةةناف ةددةةحملا ةدةةملا ،لاةةخ نةةف دادةةسلاو لةةيمعلا مايق مدع ،اح نفو ن،وادتلا يرات دةة قلا اìةةه رةةقتعيو نةقفةةصلا لةةحم ةيلاملا لرا و ا نف لإيقلاو فرصتلا ةكرشلل حي لاةةغملا ةةةفاك ةيوةةستل لإةةيقلا لةةباقم ليةةصحتو ةةلì نةةف ةكرةةشلل لةةيمعلا نةةم ًاةةضيوفت ةةةظفحم نةةم ءزةةع وا لةةك ليييةةست نةةف اةةهقحو ،لاةةخإ ود لةةيمعلا ةةلع ةقحتةةسملا .دادسلا نف لإيقلا ةليصح نف ت مل اìا ليمعلا نةةف دراو وةةه امغةةسح لإةةيقلا رةةماوأ ìيف ت ،اح نف لإيقلا اادئاع ادياو ةكرشلا موقت .ا نةة مزلا اةةقولا ،لاةةخ ةكرةةشلا دةةل لةةيمعلل دئاعلا ،وادتلا باسح نف ةيقافتلإا هìه zيلاةة ت وأ zيراةةصم يأو لوةةسلاو ةكرةةشلا ةةةلومع صقاةةن لوسلا لقق نم ددحملا هìةةه لإةةيقلا اادةةئاع احةةق لةةيمعلل نةةقمي d هةةنأ dإ نةكرةةشلا اةةهلمحتت دق ااقفن وأ .ةكرشلا هددحت يìلا ن مزلا اقولا نف dإ ءرا ةةشلا رةةماوأ ìةةيف ت ،اةةح نةةف ةرةةشاغم لةةيمعلا باةةسح نةةم احةةسلا ةكرةةشلل ةةحي .ث لوةةسلاو ةكرةةشلا ةةةلومعو ةرا تةةشملا مهةةق ا ةةةميقو ةيقافتلإا هìه نف دراو وه امغسح نةةم لìةةك احةةسلا اةةهل ةةحي اةةمك رةةخأ لوةةقح وأ ااقحتةةسم ةةةيأ ةةلإ ةفاةةضلإاو ديةةصرلا رفاوةةت مدةةع ،اةةح نةةف ةةةهع يأ دل وأ هيدل ليمعلا مقاو رخآ باسح يأ ةةةعاح ودةةب رةةخآ نةةئاد يأ ةةلع ةيلةةضف او ةةةيولو او ،وادةةتلا باةةسح نف نفا لا .رخآ ننوناق ءرا عإ يأ وأ راطخإ وأ هيق ت لإ نةةةتلا وأ ةةةةعدوملا وأ ةدةةةيقملا ةةةةظفحملا نةةةف ةدوةةةعوملا ااةةة لتمملا لإةةةيمع نمةةةضت .ا ìةةةف ملا اهطيةةةقو ةةاةةةيح نةةةف وأ ةكرةةةشلا ةةاةةةيح نةةةف ةةةةعقاولا ءاوةةةق ًلاققتةةةسم دوتةةةق ااةةمزا تلا ةةةياو اهقاقحتةةقا دةة ع لةةيمعلل ةيلققتةةسملاو ةةةيلاحلا ااينويدةةملا لإةةيمع دادق هةةتةوحو نةةتلا لةةيمعلا ،اوةةمأو ااةة لتمم لإةةيمجو ةكرةةشلا لفتةةحت نةكرةةشلا هاةةجت هةةيلع ةةةنوهرم ،اوةةم او ااةة لتمملا هìةةه رةةقتعتو اةةهلقق هيلع اامزا تلا ةيمو ءافولل امضك ررا ةةقإ ةةلإ ةةةعاح ود لةةيمعلا ااةةمزا تلا ةةةفا ل ًانامةةض ةكرةةشلا حلاةةصل ًاةةيةايح اةة هر ةةةةيا وأ هةةةتينويدمو ءاةةةفولاو لةةةيمعلا ،لاةةةخإ ةةةةلاح نةةةف ةكرةةةشلل ةةةحيو ن لìةةةب باةةخ ،اوةةةةم او ااةةة لتمملاو مهةةةقdا ةكرةةةشلا ةةةلمت ةةةحو اةةةهل ةقحتةةةسم هةةةيلع ااةةةمزا تلا to own the stock, property and pledged funds, or to sell them in accordance with the provisions of Article 5, paragraph (8) of :ﺔ��ﺎﻔﺘﻻا ﻩìﻫ �ﺠ��� c�ـــﺼر ﻞـــ���ﺘ ﻞـــ��ﻌﻟا ﻰـــﻠﻋو ﺔـــ�ﻟﺎ�ﻟا قرا وﻷا لواcـــﺘ بﺎـــ�ﺤ ﺢ�ـــﻓ ﻞـــ��ﻌﻠﻟ �ـــ�� .أ �ــﻤ ق�ــ�ﻟا ﻲــﻓ ﺎﻫìــ�ﻔ�ﺘ ﻲــﻓ �ــﻏ�ﯿ ﻲــ�ﻟا ء�ا uﻟا �ﻤاوأ ﺔﻓﺎ� ﺔ��ﻐ�ﻟ بﺎ��ﻠﻟ ﻲﻓﺎﻛ ﻲـــﻓ �ﻓ�ـــ�ﯿ �ـــﻟ ﺎـــﻤ ﻞـــ��ﻌﻟا ﻩرcـــa� ء�ا ـــﺸ �ـــﻤأ �أ ﺔ��ـــuﻟا ìـــﻔ�ﺘ �ـــﻟ ﺔ��ـــuﻟا لﻼـــﺨ .ﻩìﻫ ء�ا uﻟا �ﻤاوأ ﺔ��ﻐ�ﻟ فﺎ� c�ﺼر ﻞ��ﻌﻟا بﺎ�ﺤ بﺎـــ��ﻟا ﺢ�ـــﻓ cـــ�ﻋ "ﺔـــ�ﻔ��ﻠﻟ ﺔ���ـــ�ﻟا ﺔـــ���ﻠﻟ" ﻰـــﻨدأ cـــﺤ ��ا �ـــﺸإ ﺔ��ـــuﻠﻟ �ـــ�� .ب ةدﺎﻬـــﺸ راcـــﺼﺈ� م�ـــﻘﺘو ،ﺎﻬ�ـــﺴﺎ�ﺴ �ـــ�ﺤ �ـــﺨﻵ �ــﻗوـ �ـــﻤ ﺔـــ���ﻟا ﻩìـــﻫ �ﯿcـــ�ﺘو .ﻞ��ﻌﻟا �ﻠ� c�ﻋ ﺔ�ﻔ��ﻠﻟ ﺔ����ﻟا ﺔ���ﻟﺎ� ﻞ��ﻌﻠﻟ ﻰـــﻨدﻷا cـــ�ﻟا �ـــﻋ ﺔـــ���ﻟا �ـــﻠﺘ ضﺎـــﻔ�ﻨإ لﺎـــﺤ ﻲـــﻓ ﺔـــﻤc�ﻟا �ـــ�ﻠﻌﺘ ﺔ��ـــuﻠﻟ �ـــ��و .���u�ﻟا c�ﻟا ﻰﻟإ ﺎﻬﺘدﺎ�ز ���ﻟو ���u�ﻟا نﺈــــﻓ ﺔـــ��ﺎ� لا�ـــﻤأ �ﻓ�ــــﺘ نود ﻞـــ��ﻌﻟا تﺎـــ��ﻠﻌﺘ ìـــ�ﻔ��ﺒ ﺔ��ــــuﻟا �ـــﻤﺎﻗ لﺎـــﺤ ﻲـــﻓ .ت م�ــــﺴ�ﻠﻟ ﺔﻓﺎــــﻀﻹﺎ� ﺔ��ــــuﻠﻟ ﺔﻘ��ــــ��ﻟا ﻎﻟﺎـــ��ﻟا ﺔــــﻓﺎ� ﺔ��ــــ�ﺘ ﻪــــ�ﻠﻋ ﻲــــﻐ��ﯿ ﻞـــ��ﻌﻟا ﻲــﻓ ق�ــ�ﻟا ﻞــ�ﻗ �ــﻤ ﺔ��ــ��ﻠﻟ ةدcــ��ﻟا ﺔ��ــﺴ�ﻟا ﻞــ�ﻌﻟا تﺎﻋﺎــﺴ لﻼﺨ ��رﺎa�ﻟاو ﻪــﻨﺈﻓ ةدcــ��ﻟا ةcــ�ﻟا لﻼــﺨ ﻲــﻓ داcــ�ﻟﺎ� ﻞــ��ﻌﻟا مﺎ�� مcﻋ لﺎﺤ ﻲﻓو ،لواc�ﻟا ﺦ�رﺎﺘ cــ��ﻟا اìــﻫ �ــ��ﻌ�و ،ﺔﻘﻔــaﻟا ﻞــ�ﻤ ﺔ�ﻟﺎ�ﻟا قرا وﻷا ﻲﻓ ﻊ��ﻟﺎ� ف�a�ﻟا ﺔ��uﻠﻟ ��� ﻎﻟﺎــ��ﻟا ﺔــﻓﺎ� ﺔ��ــ��ﻟ ﻊــ��ﻟا ﻞــﺒﺎﻘﻤ ﻞ�ــa�ﺘو �ــﻟذ ﻲــﻓ ﺔ��ــuﻠﻟ ﻞــ��ﻌﻟا �ــﻤ ًﺎــ���ﻔﺘ ﺔــ�ﻔ�ﻤ �ــﻤ ء�ــﺠ وا ﻞــ� ﻞ���ــ�ﺘ ﻲــﻓ ﺎــﻬﻘ�� لﻼــﺨإ نود ﻞــ��ﻌﻟا ﻰــﻠﻋ ﺔﻘ��ــ��ﻟا .داc�ﻟا ﻲﻓ ﻊ��ﻟا ﺔﻠ�aﺤ ﻲﻔ�ﺘ �ﻟ اذا ﻞ��ﻌﻟا ﻲــﻓ دراو �ــﻫ ﺎ��ــ�ﺤ ﻊــ��ﻟا �ــﻤاوأ ì�ﻔ�ﺘ لﺎﺤ ﻲﻓ ﻊ��ﻟا تاcﺌﺎﻋ عاcﯿﺈ� ﺔ��uﻟا م�ﻘﺘ .ث ﻲــ�ﻤ�ﻟا �ــﻗ�ﻟا لﻼــﺨ ﺔ��ــuﻟا �cــﻟ ﻞــ��ﻌﻠﻟ cﺌﺎﻌﻟا لواc�ﻟا بﺎ�ﺤ ﻲﻓ ﺔ��ﺎﻔﺘﻹا ﻩìﻫ ��ﻟﺎــ�ﺘ وأ ��رﺎــaﻤ �أو ق�ــ�ﻟاو ﺔ��ــuﻟا ﺔــﻟ��ﻋ �ﻗﺎــﻨ ق��ﻟا ﻞ�ﻗ �ﻤ دc��ﻟا ﻩìــﻫ ﻊــ��ﻟا تاcــﺌﺎﻋ ��ــﺴ ﻞــ��ﻌﻠﻟ �ــ��� ﻻ ﻪــﻨأ ﻻإ ،ﺔ��ــuﻟا ﺎــﻬﻠ���ﺘ cﻗ تﺎﻘﻔﻨ وأ .ﺔ��uﻟا ﻩدc�ﺘ �ìﻟا ﻲ�ﻤ�ﻟا �ﻗ�ﻟا ﻲﻓ ﻻإ ء�ا ــuﻟا �ــﻤاوأ ìــ�ﻔ�ﺘ لﺎــﺤ ﻲــﻓ ة�ــﺸﺎ�ﻤ ﻞــ��ﻌﻟا بﺎــ�ﺤ �ــﻤ ��ــ�ﻟا ﺔ��ــuﻠﻟ �ــ�� .ج ﺔ��ــuﻟا ﺔــﻟ��ﻋو ة�ا �ــu�ﻟا ﺔــ�ﻟﺎ�ﻟا قرا وﻷا ﺔــ���� ﺔــ��ﺎﻔﺘﻹا ﻩìــﻫ ﻲــﻓ دراو �ــﻫ ﺎ���ﺤ ��ـــ�ﻟا ﺎـــﻬﻟ �ـــ�� ﺎـــ�� ��ـــﺨأ ق�ـــﻘﺤ وأ تﺎﻘ��ـــ�ﻤ ﺔـــ�أ ﻰـــﻟإ ﺔﻓﺎـــﻀﻹﺎ� ق�ـــ�ﻟاو ﻲﻓﺎــ�ﻟا c�ــﺼ�ﻟا �ﻓا�ــﺘ مcــﻋ لﺎــﺤ ﻲﻓ ﻪ�cﻟ ﻞ��ﻌﻟا �ﺴﺈ� �ﺨآ بﺎ�ﺤ �أ �ﻤ �ﻟìﻛ ﻰـــﻟإ ﺔـــﺠﺎﺤ نوcـــﺒ �ـــﺨآ �ـــﺌاد �أ ﻰـــﻠﻋ ﺔ�ﻠـــ�ﻓﻷاو ﺔـــ��ﻟوﻷﺎ� لواcـــ�ﻟا بﺎـــ�ﺤ ﻲـــﻓ .�ﺨآ ﻲﻨ�ﻨﺎﻗ ء�ا ﺠإ �أ وأ رﺎ�ﺨإ وأ ﻪ���ﺘ ﻲـــ�ﻟا وأ ﺔـــﻋد��ﻟا وأ ةcـــ�ﻘ�ﻟا ﺔـــ�ﻔ��ﻟا ﻲـــﻓ ةد�ـــﺠ��ﻟا تﺎـــ�ﻠ���ﻟا ﻊـــ��ﺠ ��ـــ�ﺘ .ح ìـــﻔ��ﻟا ﺎﻬ��ـــﺴو ةزﺎـــ�ﺤ ﻲـــﻓ وأ ﺔ��ـــuﻟا ةزﺎـــ�ﺤ ﻲـــﻓ ﺔـــﻌﻗا�ﻟا ءا�ـــﺴ ًﻼ�ﻘ�ـــ�ﻤ عد��ـــﺴ تﺎــﻤ�ا �ﻟا ﺔــ�او ﺎﻬﻗﺎﻘ��ــﺴا cــ�ﻋ ﻞــ��ﻌﻠﻟ ﺔ�ﻠ�ﻘ�ــ��ﻟاو ﺔــ�ﻟﺎ�ﻟا تﺎ�ﻨ�ﯿcــ�ﻟا ﻊــ��ﺠ داcﺴ ﻞــ��ﻌﻟا لا�ــﻤأ ��ــﻀ ﺔ��ــuﻠﻟ ءادﻷا ﺔﻘ��ــ�ﻤ ﻎﻟﺎــ��ﻟا ﻞﺨcــﺘ ﻻو ﺔ��ــuﻟا ﻩﺎ�ﺘ ﻪ�ﻠﻋ ﻪــﺘز��� ﻲــ�ﻟا ﻞــ��ﻌﻟا لا�ــﻤأو تﺎــ�ﻠ��ﻤ ﻊــ���� ﺔ��uﻟا �ﻔ��ﺘو ،ﺔ��ﺎﻔﺘﻹا ﻩìﻫ �ﻓو ﺔــﻨ�ﻫ�ﻤ لا�ــﻤﻷاو تﺎــ�ﻠ���ﻟا ﻩìــﻫ �ــ��ﻌﺘو ﺎــﻬﻠ�ﻗ ﻪ�ﻠﻋ تﺎﻤ�ا �ﻟا ﺔ�ﺄ� ءﺎﻓ�ﻠﻟ نﺎ��ﻛ ر�ا ــﻗإ ﻰــﻟإ ﺔــﺠﺎﺤ نود ﻞــ��ﻌﻟا تﺎــﻤ�ا �ﻟا ﺔــﻓﺎ�ﻟ ًﺎﻨﺎ�ــﻀ ﺔ��ــuﻟا ﺢﻟﺎــaﻟ ًﺎــ�زﺎ�ﺤ ﺎــ�ﻫر ﺔـــ�ا وأ ﻪـــ��ﻨ�ﯿc�� ءﺎـــﻓ�ﻟﺎ� ﻞـــ��ﻌﻟا لﻼـــﺨإ ﺔـــﻟﺎﺤ ﻲـــﻓ ﺔ��ـــuﻠﻟ �ـــ��و ،�ﻟìـــﺒ صﺎــﺨ لا�ــــﻤﻷاو تﺎـــ�ﻠ���ﻟاو �ﻬـــﺴﻻا ﺔ��ـــuﻟا �ـــﻠ�ﺘ �ـــ�� ﺎـــﻬﻟ ﺔﻘ��ـــ�ﻤ ﻪـــ�ﻠﻋ تﺎـــﻤ�ا �ﻟا Act 22 for the year 2015 on amending some provisions of Law No. 7 for the year 2010 on establishing the Capital Market Markets Authority.
F. G. The Company may dispose of purchased securities in at its sole discretion in case the client is unable to pay off their purchase value plus the commission of the Company and the market, or any payments or commitments to the Company, during within the period specified in item Clause 5-B. C. The Company is entitled to sell or own those securities with at the market price, whatever it is, without any liability on the part of the Company as a result of this sale. This item clause is considered an explicit and irrevocable authorization from the client to the Company to do so. The client bears the responsible responsibility to compensate the Company for any losses or damages caused by the sale due to the client's failure to pay, fully or partially, including, for examplebut not limited to, attorneys' fees and judicial dutiescharges. This item clause is considered an explicit and irrevocable authorization from the client to the Company to deduct from the client's account or any other account for belonging to him in with any other bank or at any other bodyparty, with the value of these losses in addition to any dues related to this loss.
G. H. The company is entitled to, without any responsibility on itits part, to sell any of the elements and components of the portfolio subject of this contractagreement, wholly or partlypartially, and to use the sale proceeds to repay any obligations to on the client to the Company resulting from the implementation of this contractagreement. The client acknowledges his prior approval to conduct this sale and this item is considered clause serves as explicit and irrevocable authorization from the client to the Company to do so.
I. In order to preserve the rights of all “KFH Trade” clients, the company, after notifying the client, has the authority to access his account to rectify any errors or make any settlements on the account by executing sales transactions of any assets of the trading account, or by buying using the available cash therein, or canceling any deals executed or existing orders from the client which he has no right to conduct for any reason. These transactions are considered valid and acceptable to the client as long as they are justified, and the client’s use of “KFH Trade” service is considered as his approval of this condition.
Appears in 1 contract
Sources: Trading Service Agreement
Financial Settlement. Under this agreement:
A. The client is entitled to open a securities trading account and shall transfer sufficient funds to the account to cover all purchase orders he wants to implement in the market through the Company and acknowledges and agrees that the Company will not implement any purchase order issued by the client unless the client's account includes has a balance sufficient to cover these purchase orders.
B. The company has the right to stipulate a minimum "Portfolio Market Value "upon opening the account and to update thisthis value from time to time according to its policies and shall, upon the client’s request, issue a certificate to the client indicating the portfolio’s market value. The company has the right to suspend the service if this value falls below the minimum limit until it increases to the required limit.
C. In case the Company has implemented the client's instructions without the provision availability of sufficient funds, the client shall settle all amounts owed to the Company in addition to the fees and expenses during official working hours specified for the settlement by the market at the trade trading date. In case the event of the client's non-payment within the specified period, the Company becomes entitled to dispose by selling the transacted securities. This item is deemed an authorization from the client to the Company to do so and to collect the price of sale to settle all amounts owed by the client, without prejudicing the Company's right to liquidate all or part of the client's portfolio if the sale proceeds are not enough to repay.
C. D. The Company deposits the proceeds of the sale in the event of implementing sale orders, as contained in this Agreement, in the client's trading account at with the Company, within the time specified by the market, minus less the commission of the Company and the market and any expenses expenses, costs or costs charges that may be incurred by the Company. However, the client may withdraw the proceeds of the sale only in at the time determined by the Company.
D. E. The Company may withdraw from the client's account directly in case of implementing purchase orders as contained in this Agreement with for the value of purchased stockssecurities, the commission of the Company and the market, in addition to any other dues or entitlements. Also, the Company is entitled to withdraw from any other account in the name of the client or any other body with it in case of non-availability of sufficient funds in the trading account, with priority and preference to any other creditor, with no need to any alert, notification or any other legal action.
E. F. All the property in the portfolio, restricted, deposited or will be deposited in the future, whether in the company's possession or in the possession of its broker who undertakes the payment of all the client's current and future debts when they fall due and any obligations by him to the Company. The Company retains all the client's ’s property and money in his possession as a guarantee collateral to fulfill any obligations by him to the Company. Such property and money shall be deemed pledged favor the Company to guarantee all client's obligations, with no need for a special approval to do so. The Company, in the case of the client's non-fulfilling its debts or any of its obligations owed to the Company, shall be entitled ةيملاةةقdا ةعيرةةشلا ماقحمو ،وادتلا باسحو هتظفحمل همادختقإ نف ليمعلا مزتلي .ا ةةةقفاوتملاو ةةةقواطملا ةيملاةةقلإا ااكرةةشلا ةةةمئاقو اdوادةةت نةةم هةةيرجيام نةةف دةةيقتيو ةكرةةشلا ةةةمئاق اةةهرفوت نةةتلا ةةةفلتخملا لاوةةقdا نةةف ةةةعردملا ةيملاةةقdا ةعيرشلا لإم ةةلع ،وادةةتلا نةةع هةةع تماو لةةيمعلا رةةقيو ااثيدةةحتو الايدةةعت نةةم اةةهيلع رأ ةةطي امو اةةعرخ نةةتلا وأ ةيملاةةقdا ةعيرةةشلا لإةةم ةقفاوتم وا ةقواطتم ري لا ااكرشلا مهقأ .ةكرشلا ةمئاق نم :ةيقافتdا هìه اعومو ديةةةصر لةةةيوحت لةةةيمعلا ةةةلعو ةةةةيلاملا لرا و ا ،وادةةةت باةةةسح حتةةةف لةةةيمعلل ةةةحي .أ نةةم لوةةسلا نةةف اهìةةيف ت نةةف اةةغري نةةتلا ءرا شلا رماوأ ةفاك ةيط تل باسحلل نفاك رةةمأ يأ ìةةف ت نةةل ةكرةةشلا أ ةةلع ةةفاويو ردةةي هةةنمو لةةيمعلا رةةقيو ةكرةةشلا ،لاةةخ رةةماوأ ةةةيط تل فاةةك ديةةصر لةةيمعلا باةةسح نةةف رفوةةتي مةةل اةةم لةةيمعلا هردةةصي ءرا ةةش هìه ءرا شلا اةةةةف ةةةةي اك ،اوةةةمأ رفوةةةةت ود لةةةيمعلا ااةةةميلعت ìةةةيف تب ةكرةةةةشلا اةةةماق ،اةةةح نةةةف .ب موةةةةقرلل ةفاةةةةضلإاو ةكرةةةةشلل ةقحتةةةةسملا لاةةةغملا ةةةةةفاك ةيوةةةةست هةةةةيلع نةةةة غ ي لةةةيمعلا نةةف لوةةسلا لةةقق نةةم ةيوةةستلل ةددةةحملا ةيمةةقرلا لةةمعلا ااعاةةق ،لاخ zيراصملاو هةةناف ةددةةحملا ةدةةملا ،لاةةخ نةةف دادةةسلاو لةةيمعلا مايق مدع ،اح نفو ن،وادتلا يرات دةة قلا اìةةه رةةقتعيو نةقفةةصلا لةةحم ةيلاملا لرا و ا نف لإيقلاو فرصتلا ةكرشلل حي لاةةغملا ةةةفاك ةيوةةستل لإةةيقلا لةةباقم ليةةصحتو ةةلì نةةف ةكرةةشلل لةةيمعلا نةةم ًاةةضيوفت ةةةظفحم نةةم ءزةةع وا لةةك ليييةةست نةةف اةةهقحو ،لاةةخإ ود لةةيمعلا ةةلع ةقحتةةسملا .دادسلا نف لإيقلا ةليصح نف ت مل اìا ليمعلا نةةف دراو وةةه امغةةسح لإةةيقلا رةةماوأ ìيف ت ،اح نف لإيقلا اادئاع ادياو ةكرشلا موقت .ا نةة مزلا اةةقولا ،لاةةخ ةكرةةشلا دةةل لةةيمعلل دئاعلا ،وادتلا باسح نف ةيقافتلإا هìه zيلاةة ت وأ zيراةةصم يأو لوةةسلاو ةكرةةشلا ةةةلومع صقاةةن لوسلا لقق نم ددحملا هìةةه لإةةيقلا اادةةئاع احةةق لةةيمعلل نةةقمي d هةةنأ dإ نةكرةةشلا اةةهلمحتت دق ااقفن وأ .ةكرشلا هددحت يìلا ن مزلا اقولا نف dإ ءرا ةةشلا رةةماوأ ìةةيف ت ،اةةح نةةف ةرةةشاغم لةةيمعلا باةةسح نةةم احةةسلا ةكرةةشلل ةةحي .ث لوةةسلاو ةكرةةشلا ةةةلومعو ةرا تةةشملا مهةةق ا ةةةميقو ةيقافتلإا هìه نف دراو وه امغسح نةةم لìةةك احةةسلا اةةهل ةةحي اةةمك رةةخأ لوةةقح وأ ااقحتةةسم ةةةيأ ةةلإ ةفاةةضلإاو ديةةصرلا رفاوةةت مدةةع ،اةةح نةةف ةةةهع يأ دل وأ هيدل ليمعلا مقاو رخآ باسح يأ ةةةعاح ودةةب رةةخآ نةةئاد يأ ةةلع ةيلةةضف او ةةةيولو او ،وادةةتلا باةةسح نف نفا لا .رخآ ننوناق ءرا عإ يأ وأ راطخإ وأ هيق ت لإ نةةةتلا وأ ةةةةعدوملا وأ ةدةةةيقملا ةةةةظفحملا نةةةف ةدوةةةعوملا ااةةة لتمملا لإةةةيمع نمةةةضت .ا ìةةةف ملا اهطيةةةقو ةةاةةةيح نةةةف وأ ةكرةةةشلا ةةاةةةيح نةةةف ةةةةعقاولا ءاوةةةق ًلاققتةةةسم دوتةةةق ااةةمزا تلا ةةةياو اهقاقحتةةقا دةة ع لةةيمعلل ةيلققتةةسملاو ةةةيلاحلا ااينويدةةملا لإةةيمع دادق هةةتةوحو نةةتلا لةةيمعلا ،اوةةمأو ااةة لتمم لإةةيمجو ةكرةةشلا لفتةةحت نةكرةةشلا هاةةجت هةةيلع ةةةنوهرم ،اوةةم او ااةة لتمملا هìةةه رةةقتعتو اةةهلقق هيلع اامزا تلا ةيمو ءافولل امضك ررا ةةقإ ةةلإ ةةةعاح ود لةةيمعلا ااةةمزا تلا ةةةفا ل ًانامةةض ةكرةةشلا حلاةةصل ًاةةيةايح اةة هر ةةةةيا وأ هةةةتينويدمو ءاةةةفولاو لةةةيمعلا ،لاةةةخإ ةةةةلاح نةةةف ةكرةةةشلل ةةةحيو ن لìةةةب باةةخ ،اوةةةةم او ااةةة لتمملاو مهةةةقdا ةكرةةةشلا ةةةلمت ةةةحو اةةةهل ةقحتةةةسم هةةةيلع ااةةةمزا تلا to own the stock, property and pledged funds, or to sell them in accordance with the provisions of Article 5, paragraph (8) of Act 22 for the year 2015 on amending some provisions of Law No:ةيقافتdا اìه بج مو ديذذذصر لذذذي حت لذذذيمعلا ذذذلعو ةذذذيلاملا لرا وما لوادذذذت باذذذس حتذذذف لذذذيمعلل ذذذحي .أ نذذم ل ذذسلا نذذف اهìذذيف ت نذذف بذذغوي نذذتلا ءوا شلا وماوأ ةفاك ةيطاتل باسحلل نفاك نذذذف وف ذذذتي مذذذل اذذذم لذذذيمعلا اردذذذصي ءوا ذذذش وذذذمأ يأ ةكوذذذشلا ìذذذف ت نذذذل ةكوذذذشلا للاذذذخ .اìه ءوا شلا وماوأ ةيطاتل فاك ديصر ليمعلا باس باذذذسحلا حتذذذف دذذذ ع "ةذذذظفحملل ةيق ذذذسلا ةذذذميقلل" ذذذودأ دذذذ لأوا تذذذشإ ةكوذذذشلل ذذذحي .ب ةداهذذذش رادذذذصإو , ذذذقتو ،اهتذذذقايق بذذذس وذذذخلآ اذذقوذ نذذذم ةذذذميقلا اìذذذه ثيدذذذحتو .ليمعلا بلط د ع ةظفحملل ةيق سلا ةميقلاو ليمعلل إذذذذف ةذذذي اك لا ذذذمأ وف ذذذذت ود لذذذيمعلا تاذذذميلعت ìذذذيف تب ةكوذذذذشلا اذذذماق لاذذذ نذذذف .ت , ذذذذقولل ةفاذذذذضلإاو ةكوذذذذشلل ةقحتذذذذسملا لاذذذغملا ةذذذذفاك ةي ذذذذست هذذذذيلع نذذذذاغ ي لذذذيمعلا نذذف ل ذذسلا لذذقق نذذم ةي ذذستلل ةددذذحملا ةيمذذقولا لذذمعلا تاعاذذق للاخ zيراصملاو هذذوإف ةددذذحملا ةدذذملا للاذذخ نذذف دادذذسلاو لذذيمعلا ,ايق ,دع لا نفو ،لوادتلا قيرات دذذ قلا اìذذه وذذقتعيو ،ةقفذذصلا لذذحم ةيلاملا لرا وما نف تيقلاو فوصتلا ةكوشلل حي لاذذغملا ةذذفاك ةي ذذستل تذذيقلا لذذباقم ليذذصحتو نذذلì نذذف ةكوذذشلل لذذيمعلا نذذم ˝اذذضي فت ةذذظفحم نذذم ءزذذج وا لذذك ليييذذست نذذف اذذهقحو للاذذخإ ود لذذيمعلا ذذلع ةقحتذذسملا .دادسلا نف تيقلا ةليص نف ت مل اìا ليمعلا نذذف دراو ذذه امغذذس تذذيقلا وذذماوأ ìيف ت لا نف تيقلا تادئاع اديإو ةكوشلا , قت .ث نذذ مزلا اذذق لا للاذذخ ةكوذذشلا ىدذذل لذذيمعلل دئاعلا لوادتلا باس نف ةيقافتلإا اìه zيلاذذ ت وأ zيراذذصم يأو ل ذذسلاو ةكوذذشلا ةذذل مع صقاذذو ل سلا لقق نم ددحملا اìذذه تذذيقلا تادذذئاع بحذذق لذذيمعلل نذذومي d هذذوأ dإ ،ةكوذذشلا اذذهلمحتت دق تاقفو وأ .ةكوشلا اددحت يìلا ن مزلا اق لا نف dإ ءوا ذذشلا وذذماوأ ìذذيف ت لاذذ نذذف ةوذذشاغم لذذيمعلا باذذس نذذم بحذذسلا ةكوذذشلل ذذحي . 7 for the year 2010 on establishing the Capital Market Authority.ةكوذذشلا ةذذل معو ةوا تذذشملا ةذذيلاملا لرا وما ةذذميقو ةذذيقافتلإا اìذذه نذذف دراو ذذه امغس بحذذذسلا اذذذهل ذذذحي اذذذمك ىوذذذخأ ل ذذذق وأ تاقحتذذذسم ةذذذيأ ذذذلإ ةفاذذذضلإاو ل ذذذسلاو نفاذذ لا ديذذصولا وفا ذذت ,دذذع لاذذ نف هيدل ليمعلا مقإو وخآ باس يأ نم نلìك نذذذتلا وأ ةذذذعد ملا وأ ةدذذذيقملا ةذذذظفحملا نذذذف ةد ذذذج ملا تاذذذ لتمملا تذذذيمج نمذذذضت .ل ìذذذف ملا اهطيذذذقو ةزاذذذي نذذذف وأ ةكوذذذشلا ةزاذذذي نذذذف ةذذذعقا لا ءا ذذذق ˝لاققتذذذسم د تذذذق تاذذمزا تلا ةذذياو اهقاقحتذذقا دذذ ع لذذيمعلل ةيلققتذذسملاو ةذذيلاحلا تايو يدذذملا تذذيمج دادق لذذيمعلا لا ذذمأ نمذذض ةكوذذشلل ءادما ةقحتذذسم لاذذغملا لخدذذت dو ةكوذذشلا ااجت هيلع هذذتز حو نذذتلا لذذيمعلا لا ذذمأو تاذذ لتمم تذذيمجو ةكوشلا لفتحتو ،ةيقافتلإا اìه فو ةذذو هوم لا ذذمماو تاذذ لتمملا اìذذه وذذقتعتو اذذهلقق هيلع تامزا تلا ةي و ءاف لل امضك روا ذذقإ ذذلإ ةذذجا ود لذذيمعلا تاذذمزا تلا ةذذفا ل ˝اوامذذض ةكوذذشلا حلاذذصل ˝اذذيزاي اذذ هر ةذذذيا وأ هذذذتيو يدمو ءاذذذف لاو لذذذيمعلا للاذذذخإ ةذذذلا نذذذف ةكوذذذشلل ذذذحيو ،نلìذذذب باذذخ لا ذذذذمماو تاذذذ لتمملاو مهذذذقdا ةكوذذذشلا نذذذلمت ذذذحو اذذذهل ةقحتذذذسم هذذذيلع تاذذذمزا تلا prepared. .هعض ب ليمعلا مقي مل يìلاو
F. G. The Company may dispose of purchased securities in at its sole discretion in case the client is unable to pay off their purchase value plus the commission of the Company and the market, or any payments or commitments to the Company, during within the period specified in item Clause 5-B. C. The Company is entitled to sell or own those securities with at the market price, whatever it is, without any liability on the part of the Company as a result of this sale. This item clause is considered an explicit and irrevocable authorization from the client to the Company to do so. The client bears the responsible responsibility to compensate the Company for any losses or damages caused by the sale due to the client's failure to pay, fully or partially, including, for examplebut not limited to, attorneys' fees and judicial dutiescharges. This item clause is considered an explicit and irrevocable authorization from the client to the Company to deduct from the client's account or any other account for belonging to him in with any other bank or at any other bodyparty, with the value of these losses in addition to any dues related to this loss.
G. . H. The company is entitled to, without any responsibility on itits part, to sell any of the elements and components of the portfolio subject of this contractagreement, wholly or partlypartially, and to use the sale proceeds to repay any obligations to on the client to the Company resulting from the implementation of this contractagreement. The client acknowledges his prior approval to conduct this sale and this item is considered clause serves as explicit and irrevocable authorization from the client to the Company to do so. I. In order to preserve the rights of all “KFH Trade” clients, the company, after notifying the client, has the authority to access his account to rectify any errors or make any settlements on the account by executing sales transactions of any assets of the trading account, or by buying using the available cash therein, or canceling any deals executed or existing orders from the client which he has no right to conduct for any reason. These transactions are considered valid and acceptable to the client as long as they are justified, and the client’s use of “KFH Trade” service is considered as his approval of this condition.
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Sources: Trading Service Agreement