Upon detecting Clause Samples
The 'Upon detecting' clause establishes a party's obligation to take specific actions immediately after identifying a particular event, condition, or issue. In practice, this clause might require a party to notify the other party, halt certain activities, or implement corrective measures as soon as a problem is discovered, such as a data breach or a safety hazard. Its core function is to ensure prompt response and communication, thereby minimizing potential harm or liability and facilitating swift resolution of issues as they arise.
Upon detecting. 6.4.5.1. The usage of a swap-free account for performing arbitrage orders;
6.4.5.2. The usage of the Carry trade-related strategies;
6.4.5.3. A purposeful usage of a swap-free option to make additional profits The company reserves a right to refuse to provide a client with swap-free services as well as debit the fee from his or her trading account at any time according to the p. 6.4.2, having notified the customer via email.
Upon detecting. 4.5.1. The usage of a swap-free account for performing arbitrage orders;
Upon detecting. 6.4.3.1. The usage of an Islamic account (Swap Free) for performing arbitrage orders;
6.4.3.2. The usage of the Carry trade-related strategies;
6.4.3.3. An inappropriate usage or purposeful usage of an Islamic account (Swap Free) to make additional profits.
Upon detecting the usage of an Islamic account (Swap Free) for performing arbitrage orders; and/or • the use of the carry trade-related strategies; and/or • an inappropriate usage or purposeful usage of an Islamic account (Swap Free) to make additional profits, the Company reserves the right to revoke the Swap Free status granted to any real trading Account at any time without being obliged to provide any explanation or justification. Furthermore, in the event that we detect any form of abuse, fraud, manipulation, or other forms of deceitful or fraudulent activity in regard to any Swap Free Account, including those referred to in clause 6.4.2 of any client, we reserve the right, at any time and with immediate effect, to:
a) revoke the Swap Free status from any and all real trading Accounts of such client that have been converted to a Swap Free trading Account; and/or
b) correct and recover any un-accrued swaps and any related un-accrued interest expenses and/or costs pertaining to any and all of such client’s Swap Free trading Accounts during the period for which such Accounts were converted into Swap Free trading Accounts; and/or
c) close all trading Accounts of such Сlient, nullify all trades carried out in such Сlient’s trading Accounts and cancel all profits or losses garnered in such Сlient’s trading Accounts.