Common use of Procedure when Limits are breached Clause in Contracts

Procedure when Limits are breached. It is not uncommon for banks and investment companies in the Netherlands that the service provider only intervenes after a period of five exchange days when Limits are exceeded. ▇▇▇▇▇▇ follows a procedure that deviates from this with a materially shorter time period to protect both Client and DEGIRO against accruing damage. ▇▇▇▇▇▇ makes Client explicitly aware of the following stipulations of this article 10. Further details on the procedure when Limits are breached are given in the document Security Value, Risk, Debit Money and Debit Securities in the Investment Services Information.

Appears in 8 contracts

Sources: Client Agreement, Client Agreement, Client Agreement