Common use of Initial Margin Requirement Clause in Contracts

Initial Margin Requirement. Argentex may, in its sole discretion, require the Client: a) to provide Initial Margin in relation to any Forward Contract or Option Contract within twenty-four (24) hours of the Client’s instructions to enter into a Forward Contract or an Option Contract; and/or b) to provide Initial Margin, if not already provided, or additional Initial Margin, within one (1) clear Business Day at any time during the term of a Forward Contract or Option Contract.