Margin Credit Clause Samples

Margin Credit. The Co-Borrowers are not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation U), and no proceeds of any Loan will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or in any other way which will violate the provisions of Regulation G, T, U or X.

Margin Credit. The Borrower is not engaged in the business of extending credit for the purpose of purchasing or carrying margin stock (within the meaning of Regulation T, U or X), and no proceeds of any Loan will be used to purchase or carry any margin stock or to extend credit to others for the purpose of purchasing or carrying any margin stock or in any other way which will cause the Borrower to violate the provisions of Regulations T, U or X.

Margin Credit. The Company’s Clearing Firm will extend the Trader margin credit of two times the cash balance in the Trader’s account toward the purchase of marginable securities. The Trader assumes responsibility of tracking activity and monitors capital available in Trader’s account prior to requesting the execution of any trade and assumes full responsibility for all trades requested. Trader agrees to comply in a timely manner with any federal funds call, margin or maintenance calls or other debits issued by the Company’s Clearing firm with respect to the Trader’s account.