MARGIN ACCOUNT AGREEMENT Sample Clauses

MARGIN ACCOUNT AGREEMENT. A margin facility allows You to borrow funds from BB&T Securities, using acceptable securities for collateral for the loan. A margin account is required to make short sale transactions or to trade uncovered options. The term short sale refers to the sale of a security that You do not own at the time the order is placed. When a short sale is transacted, the security is borrowed for delivery to the purchaser. The borrowed security can be called in at any time by the lender. Securities eligible for margin trading must be traded on national securities exchanges or on the National Market System of NASDAQ and such securities must have an initial minimum market value of $5 per share. The loan available under a margin account is based on the current market value of the account and the types of securities in the account; therefore, the amount available for loan can change day to day. BB&T Securities may extend credit to You through this margin facility according to applicable laws and regulations and the Disclosure of Credit Terms and policies contained herein. Trading on margin can be speculative. You should understand the operation of this facility and its relationship to Your brokerage account, and if applicable, the check writing and debit features of your account. You should appreciate the operation of this account in various market conditions and You should carefully consider Your financial position, investment objectives and risk tolerance before trading on margin or accessing credit through the margin facility. Failure to maintain sufficient margin will result in forced liquidation of Your account and could result in a debit balance that You would owe BB&T Securities.
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MARGIN ACCOUNT AGREEMENT. In consideration of the Broker agreeing to open and maintain a margin account in the name of the Client, the latter consents and undertakes to comply with the following terms and conditions:
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MARGIN ACCOUNT AGREEMENT. If we permit you to trade securities on margin, you agree to be bound by the following provisions, which apply specifically to each margin account you open with us, and the provisions of the Cash Account Agreement, which is hereby incorporated by reference:
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MARGIN ACCOUNT AGREEMENT. Complete this section only if you accept the margin agreement described in paragraph 16 through 19 of this agreement. In consideration of your opening and maintain in one or more margin accounts on my behalf, I (we) hereby acknowledge that I (we) have read, understand and agree to the terms of a margin account contained in paragraphs 16 through 19 of this agreement. By signing this agreement, I (we) acknowledge that my (our) securities may be loaned to you or loaned out to others. If this is a joint account, all parties must sign.
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Related to MARGIN ACCOUNT AGREEMENT

  • Account Control Agreements Account Control Agreements for all of Borrower’s deposit accounts and accounts holding securities duly executed by all of the parties thereto, in the forms provided by or reasonably acceptable to Lender.

  • Deposit Account Control Agreements the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an Obligor, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

  • Control Agreements (i) Except to the extent otherwise excused by Section 7(k)(iv), each Grantor shall obtain an authenticated Control Agreement (which may include a Controlled Account Agreement), from each bank maintaining a Deposit Account or Securities Account for such Grantor;

  • Deposit Account Control Agreement control agreement satisfactory to Agent executed by an institution maintaining a Deposit Account for an Obligor, to perfect Agent’s Lien on such account.

  • Account Control Agreement The provisions of Sections 8.02 and 8.05 are subject to the terms of the Account Control Agreement.

  • Control Agreement A control agreement (the “Custodian Control Agreement”), duly executed and delivered by the Borrower, the Administrative Agent and State Street Bank and Trust Company.

  • Change of Control Agreements Neither the execution and delivery of this Agreement nor the consummation of the Merger or the other transactions contemplated by this Agreement, will (either alone or in conjunction with any other event) result in, cause the accelerated vesting or delivery of, or increase the amount or value of, any payment or benefit to any director, officer or employee of the Company. Without limiting the generality of the foregoing, no amount paid or payable by the Company in connection with or by reason of the Merger or the other transactions contemplated by this Agreement, including accelerated vesting of options, (either solely as a result thereof or as a result of such transactions in conjunction with any other event) will be an “excess parachute payment” within the meaning of Section 280G of the Code.

  • Custody Account Transactions (a) Securities will be transferred, exchanged or delivered by the Bank or its Subcustodian upon receipt by the Bank of Instructions which include all information required by the Bank. Settlement and payment for Securities received for, and delivery of Securities out of, the Custody Account may be made in accordance with the customary or established securities trading or securities processing practices and procedures in the jurisdiction or market in which the transaction occurs, including, without limitation, delivery of Securities to a purchaser, dealer or their agents against a receipt with the expectation of receiving later payment and free delivery. Delivery of Securities out of the Custody Account may also be made in any manner specifically required by Instructions acceptable to the Bank.

  • Cash Management Agreement 11 SECTION 7 – TAXES, REPORTS AND RECORDS............................................................ 11

  • Deposit Account Transactions (a) The Bank or its Subcustodians will make payments from the Deposit Account upon receipt of Instructions which include all information required by the Bank.

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