Authorized Amount definition
Examples of Authorized Amount in a sentence
Borrower acknowledges that a reduction to the Authorized Amount may result in the liquidation or cancellation of outstanding Orders (including Orders that have been submitted or are in the process of being fulfilled) if such reduction in the Authorized Amount causes Borrower’s Trading Balance to have inadequate funds.
For the avoidance of doubt, ▇▇▇▇▇▇▇▇ will receive no benefit or ownership of any incremental tokens with respect to any portion of the Authorized Amount that is not associated with a Trade Credit.
Borrower shall at all times be able to view and verify the current Authorized Amount on the Coinbase Prime Broker Site.
Lender reserves the right to change the Authorized Amount from time to time in its sole discretion and with notice to the Borrower.
Lender agrees to lend to Borrower a specific quantity of Cash and/or Digital Assets in connection with the purchase or sale of Digital Assets via the Agent’s Trading Platform (“Trade Credits”) up to the Authorized Amount for use on the Trading Platform.