Common use of PAYMENT WITHHELD Clause in Contracts

PAYMENT WITHHELD. If the statement of your Account shows a credit balance, you may request EXT to return available Client’s Money and/or, EXT may agree (at its discretion) to transfer Client’s Assets to the Client or such third party appointed by the Client to hold the relevant assets on Client’s behalf. However, EXT may at its discretion elect to withhold (or if applicable, deduct) any payment requested (in whole or in part) due to you if: 8.8.1. open Margined Transactions on the Account show notional losses; 8.8.2. EXT reasonably considers that additional funds may be required to meet any current or future Margin requirement on open Margined Transactions due to underlying market conditions; 8.8.3. you have any actual or contingent liability to EXT under this Agreement; and/or 8.8.4. EXT reasonably determines that there is an unresolved dispute between you and EXT in connection with this Agreement.

PAYMENT WITHHELD. If the statement of your Account shows a credit balance, you may request EXT EXANTE to return available Client’s Money and/or, EXT EXANTE may agree (at its discretion) to transfer Client’s Assets to the Client or such third party appointed by the Client to hold the relevant assets on Client’s behalf. However, EXT EXANTE may at its discretion elect to withhold (or if applicable, deduct) any payment requested (in whole or in part) due to you if: 8.8.1. open Margined Transactions on the Account show notional losses; 8.8.2. EXT EXANTE reasonably considers that additional funds may be required to meet any current or future Margin requirement on open Margined Transactions due to underlying market conditions; 8.8.3. you have any actual or contingent liability to EXT EXANTE under this Agreement; and/or 8.8.4. EXT EXANTE reasonably determines that there is an unresolved dispute between you and EXT EXANTE in connection with this Agreement.

PAYMENT WITHHELD. If the statement of your Account shows a credit balance, you may request EXT XNT to return available Client’s Clients’ Money and/or, EXT XNT may agree (at its discretion) to transfer Client’s Clients’ Assets to the Client or such third party appointed by the Client to hold the relevant assets on Client’s behalf. However, EXT XNT may at its discretion elect to withhold (or if applicable, deduct) any payment requested (in whole or in part) due to you if: 8.8.1. open Margined Transactions on the Account show notional losses; 8.8.2. EXT XNT reasonably considers that additional funds may be required to meet any current or future Margin requirement on open Margined Transactions due to underlying market conditions; 8.8.3. you have any actual or contingent liability to EXT XNT under this Agreement; and/or 8.8.4. EXT XNT reasonably determines that there is an unresolved dispute between you and EXT XNT in connection with this Agreement.

PAYMENT WITHHELD. If the statement of your Account shows a credit balance, you may request EXT XHK to return available Client’s Clients’ Money and/or, EXT XHK may agree (at its discretion) to transfer Client’s Clients’ Assets to the Client or such third party appointed by the Client to hold the relevant assets on Client’s behalf. However, EXT XHK may at its discretion elect to withhold (or if applicable, deduct) any payment requested (in whole or in part) due to you if: 8.8.1. open Margined Transactions on the Account show notional losses; 8.8.2. EXT XHK reasonably considers that additional funds may be required to meet any current or future Margin requirement on open Margined Transactions due to underlying market conditions; 8.8.3. you have any actual or contingent liability to EXT XHK under this Agreement; and/or 8.8.4. EXT XHK reasonably determines that there is an unresolved dispute between you and EXT XHK in connection with this Agreement.