Common use of Margin Maintenance Requirements Clause in Contracts

Margin Maintenance Requirements. Under this Agreement, You must maintain a minimum amount of equity in Your account to collateralize Your outstanding loans and other obligations. Margin maintenance requirements are set by FINRA and other regulatory agencies. In addition, margin maintenance requirements may be increased according to BB&T Securities’ discretion without notice to You. Margin maintenance requirements cannot be decreased below the minimum percentage set by FINRA. BB&T Securities may issue a “margin call” (a notification to deposit additional collateral) if Your margin account equity falls below the margin maintenance requirement. For example, account equity may fall due to a decrease in the value of long securities held as collateral or due to an increase in the value of securities held short. In general, requests for additional collateral will be made by BB&T Securities when the equity in the account falls below 35%. BB&T Securities retains the absolute discretion to determine whether, when and in what amounts it shall require additional collateral. BB&T Securities may also consider market conditions, concentration levels, and Your financial resources in setting margin levels. You hereby agree to maintain in Your margin account collateral of the type and amount required by (i) applicable FINRA and federal regulations; (ii) other agreements between You and BB&T Securities; or (iii) as otherwise required by BB&T Securities in its sole discretion. MARGIN DEPOSITS Under Regulation T of the Federal Reserve Board, Your deposit for securities purchased is due on settlement date. Maintenance calls are mailed to the account address and are due within four business days of the issue date, but BB&T Securities, in its sole discretion, can accelerate the due date or demand immediate payment. Failure to meet a margin call can result in the partial or complete liquidation of Your account.

Margin Maintenance Requirements. Under this Agreementagreement, You must maintain a minimum amount of equity in Your account to collateralize Your outstanding loans and other obligations. Margin maintenance requirements are set by FINRA and other regulatory agencies. In addition, margin maintenance requirements may be increased according to BB&T Securities’ discretion without notice to You. Margin maintenance requirements cannot be decreased below the minimum percentage set by FINRA. BB&T Securities may issue a “margin call” (a notification to deposit additional collateral) if Your margin account equity falls below the margin maintenance requirement. For example, account equity may fall due to a decrease in the value of long securities held as collateral or due to an increase in the value of securities held short. In general, requests for additional collateral will be made by BB&T Securities when the equity in the account falls below 35%. BB&T Securities retains the absolute discretion to determine whether, when and in what amounts it shall require additional collateral. BB&T Securities may also consider market conditions, concentration levels, and Your financial resources in setting margin levels. You hereby agree to maintain in Your margin account collateral of the type and amount required by (i) applicable FINRA and federal regulations; (ii) other agreements between You and BB&T Securities; or (iii) as otherwise required by BB&T Securities in its sole discretion. MARGIN DEPOSITS Under Regulation T of the Federal Reserve Board, Your deposit for securities purchased is due on settlement date. Maintenance calls are mailed to the account address and are due within four business days of the issue date, but BB&T Securities, in its sole discretion, can accelerate the due date or demand immediate payment. Failure to meet a margin call can result in the partial or complete liquidation of Your account.

Margin Maintenance Requirements. Under this Agreementmargin agreement, You must maintain a minimum amount of equity in Your account to collateralize Your outstanding loans and other obligations. Margin maintenance requirements are set by the FINRA and other regulatory agencies. In addition, margin maintenance requirements may be increased according to BB&T Securities’ discretion without notice to You. Margin maintenance requirements cannot be decreased below the minimum percentage set by FINRA. BB&T Securities may issue a “margin call” (a notification to deposit additional collateral) if Your margin account equity falls below the margin maintenance requirement. For example, account equity may fall due to a decrease in the value of long securities held as collateral or due to an increase in the value of securities held short. In general, requests for additional collateral will be made by BB&T Securities when the equity in the account falls below 35%. BB&T Securities retains the absolute discretion to determine whether, when and in what amounts it shall require additional collateral. BB&T Securities may also consider market conditions, concentration levels, and Your financial resources in setting margin levels. You hereby agree to maintain in Your margin account collateral of the type and amount required by (i) applicable FINRA and exchange rules and federal regulations; (ii) other agreements between You and BB&T Securities; or (iii) as otherwise required by BB&T Securities in its sole discretion. MARGIN DEPOSITS Under Regulation T of the Federal Reserve Board, Your deposit for securities purchased is due on settlement date. Maintenance calls are mailed to the account address and are generally due within four five business days of the issue date, but BB&T Securities, in its sole discretion, can accelerate the due date or demand immediate payment. Failure to meet a margin call can result in the partial or complete liquidation of Your account.