Insolvency Risk Sample Clauses

Insolvency Risk. Where your Instrument is a share in a company, you own a portion of the issuing company's share capital, with your ownership interest determined by the number of shares you own as a percentage of the total issued share capital of that company. You should be aware that the insolvency of a company may drastically reduce the value of its shares, potentially risking the loss of your entire investment. Typically ordinary shareholders rank lowest in the order of priority of repayment in the event of a company's insolvency, meaning the company may have exhausted the value of its available assets in paying other creditors by that time it comes to paying its shareholders, increasing the risk that shareholders will not receive any money from the company for their shares. In the event of an insolvency of the Third Party Broker or any other brokers involved in executing your Orders, this may result in your Positions being liquidated without your consent or transferred to another broker. In such circumstances, we will seek to provide you with as much additional information as we can relating to the treatment of your existing Positions as and when we obtain it, but please be aware, you could lose the value of your investment. Currency Risk Where your Instruments are denominated in currencies other than the default currency of your primary Revolut Account (e.g. USD), fluctuations in foreign exchange rates may impact your profits and losses connected to your trading in such Instruments.
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Insolvency Risk. In the event that you become the subject of any bankruptcy, reorganization, liquidation, dissolution or similar proceeding or if you believe that there is a material risk of any of the foregoing occurring, you agree to promptly notify us via email notice at deal- xxxxxxxxxx@xxxxxxx.xxx.
Insolvency Risk. 7.1 For the avoidance of doubt, the parties confirm that the Purchaser shall bear the risk of insolvency of the Debtors of the Receivables purchased by it hereunder.”
Insolvency Risk. You do not maintain a legal interest in the Allocation or Cryptocurrency, and we do not hold Fiat currency in a trust account. Accordingly, if Finder becomes insolvent, you will be an unsecured creditor in relation to your Allocation, Cryptocurrency or Fiat currency held with us.
Insolvency Risk. The issuer may become insolvent resulting in its ability to pay interest when required or redeem the bond at maturity.
Insolvency Risk. For the avoidance of doubt, the parties confirm that the Purchaser shall bear the risk of insolvency of the Debtors of the Receivables purchased by it hereunder and that the transactions contemplated hereunder are anticipated to fall within the scope of true factoring (echtes Factoring).
Insolvency Risk. Warning: There is a risk in the event of the insolvency of the Eligible Third Party that the designation of the pooled account as a client account may be challenged by a liquidator or the process of obtaining funds may be delayed. A further effect of pooling can be that following an allocation or share issue that favours the small investor, your allocation may be less than it otherwise would have been, had your investments been registered in your own name. You hereby consent, by accepting these terms to the holding of your client assets in a pooled account as described above.
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Insolvency Risk. Warning: There is a risk in the event of the insolvency of the Eligible Third Party that the designation of the pooled account as a client account may be challenged by a liquidator or the process of obtaining funds may be delayed. • A contract note will be dispatched to you or if you wish, to the person authorised to issue investment instructions on your account, no later than the first business day following execution of the transaction undertaken on your behalf or if the confirmation is received by us from a third party no later than the first business day following receipt of the confirmation from a third party. The terms of any contract note shall be conclusive as to any matter contained or provided in such note unless PSIL is notified in writing by Cantor forthwith or, in any event, prior to the settlement date for such transaction. By accepting these terms you are electing to receive transaction information on a transaction by transaction basis. • On a yearly basis, PSIL will provide you with a statement detailing all investments held on your behalf in safe keeping. This statement will also provide details of any cash balance held for you as client money by PSIL. Holdings are reported on a trade date basis. • PSIL will also provide you with a statement at a frequency as we may agree with you (or upon request) detailing all movements on your account since the previous statement date. • Additionally, in relation to any client account which includes contingent liability transactions, Xxxxxx will report any losses exceeding any pre-determined thresholds no later than the end of the business day in which the threshold is exceeded. • Client documentation is issued in accordance with all applicable regulatory rules. Upon receipt of contract notes, holding reports and statements you should check them and if there is any discrepancy this should be notified to Xxxxxx immediately (and in any event by close of business in the following business day). Xxxxxx will not be liable as a result of any discrepancy which has not been notified within this timeframe.

Related to Insolvency Risk

  • Insolvency Proceedings Any corporate action, legal proceedings or other procedure or step is taken in relation to:

  • Insolvency Proceedings, Etc Any Loan Party or any of its Subsidiaries institutes or consents to the institution of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer for it or for all or any material part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of such Person and the appointment continues undischarged or unstayed for 60 calendar days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and continues undismissed or unstayed for 60 calendar days, or an order for relief is entered in any such proceeding; or

  • Insolvency If Borrower becomes insolvent, or if an Insolvency Proceeding is commenced by Borrower, or if an Insolvency Proceeding is commenced against Borrower and is not dismissed or stayed within thirty (30) days (provided that no Credit Extensions will be made prior to the dismissal of such Insolvency Proceeding);

  • Insolvency Events Tenant or any guarantor or surety of Tenant’s obligations hereunder shall: (A) make a general assignment for the benefit of creditors; (B) commence any case, proceeding or other action seeking to have an order for relief entered on its behalf as a debtor or to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, liquidation, dissolution or composition of it or its debts or seeking appointment of a receiver, trustee, custodian or other similar official for it or for all or of any substantial part of its property (collectively a “Proceeding for Relief”); (C) become the subject of any Proceeding for Relief which is not dismissed within 90 days of its filing or entry; or (D) die or suffer a legal disability (if Tenant, guarantor, or surety is an individual) or be dissolved or otherwise fail to maintain its legal existence (if Tenant, guarantor or surety is a corporation, partnership or other entity).

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