OUR RIGHT TO LIMIT Sample Clauses

OUR RIGHT TO LIMIT. OR CLOSE YOUR POSITIONS 15.1. Our right to limit or close your posi�ons We may, whether with us without prior demand, and in addi�on to any other right we may have under this Agreement: (a) Close out all or part as we reasonably consider appropriate, your open Posi�ons; or (b) Limit the size of your open Posi�ons either in monetary terms or in number of Margin Contracts or CFDs (net or gross); or (c) Refuse orders to establish new Posi�ons; if: (d) We reasonably consider that there are abnormal trading condi�ons; (e) We reasonably consider it necessary for the protec�on of our rights under this Agreement; (f) We are unable to make prices in the Margin Contract or CFD due to the unavailability of the relevant market informa�on for reasons beyond our control; (g) We consider that you may be in breach of any Applicable Law; (h) We are so requested by OUR REGULATION or any other regulatory body or authority; (i) Any of the circumstances set out in paragraphs (c) to (g) of the defini�on of Specified Event apply to you; (j) You fail to provide any margin, deposit or other sum due under this Agreement in respect of any Margin Contract or CFD; or (k) Margin moneys held by us in respect of any open Posi�ons which has been purchased on margin fall below our margin requirements; (l) We exercise our right to vary this Agreement in accordance with clause 18; (m) The aggregate of your order and all other orders for a Margin Contract or CFD is outside the Normal Trading Size; or (n) A Posi�on Limit is or is likely to be exceeded. 15.2. Rights not restricted by taking orders Our rights under paragraph 15.1(a) are not affected or restricted because we have accepted an order or orders which result in you exceeding a Posi�on Limit. 15.3. Proceeds may offset amounts owing to us If we exercise our right to close out all or part of any open Posi�on, we may apply any proceeds to payment of any amounts due to us by you, whether under this Agreement or otherwise.