Risk Limits Clause Samples
Risk Limits. Clearing Broker and Executing Broker hereby agree that the risk-based limits set forth in Exhibit A (“Risk Limits”) shall apply to each Customer that executes an order through Executing Broker that is given up to Clearing Broker for clearing. The Risk Limits may be modified from time to time upon the agreement of Executing Broker and Clearing Broker. Nothing herein shall prevent the Executing Broker from applying a limit more stringent than the Risk Limits to a particular Customer.
Risk Limits. (i) The Contracting Party’s Risk Limit is equal to the Contracting Party’s Margin Limit, established in accordance with Section 3 of this Schedule “C”.
Risk Limits. Compliance with ratios and magnitudes. The Grupo's head entity is responsible for ensuring that risk policies, financial or otherwise, are designed in accordance with prevailing prudential standards and national and international best practices and are implemented with the utmost rigour. In particular, the above paragraph shall apply to the following risks:
a) credit, credit default and counterparty, both at the origination, monitoring and recovery stages. This shall also apply to risk exposures in fixed income, equity, derivative and other off- balance sheet contingent exposures; b) concentration;
Risk Limits. (i) Exchange shall set risk limits that prevent a Contracting Party’s Margin Requirement from exceeding two times the Contracting Party’s net worth, or two times the net worth of the Specified Entity where such entity has provided Exchange with financial statements, as adjusted by Exchange in its sole discretion (the “Risk Limit”). Exchange shall provide the Contracting Party with notification of its Risk Limit and any related updates that Exchange determines in its sole discretion are appropriate from time to time.
(ii) Exchange may allow the Contracting Party to exceed the Risk Limit in an amount to be determined in Exchange’s sole discretion, relative to the Collateral and in accordance with certain standards to be set by Exchange from time to time (the “Adjusted Risk Limit”).