Axos definition
Examples of Axos in a sentence
If you make your deposit at a nonproprietary ATM (an ATM not owned or operated by Axos Bank), funds from these deposits will be available no later than the fifth business day after the banking day of deposit.
An early withdrawal penalty will not be charged for Required Minimum Distributions (RMDs) for CDs held at Axos Bank.
Securities in your margin account are registered in Axos Clearing’s name and are collateral for any margin loan.
Your failure to satisfy the call may cause Axos Clearing to liquidate or sell securities in your account(s).
These changes in Axos Clearing’s policy often take effect immediately and may result in the issuance of a maintenance margin call.
You shall pay interest on credit extended by Axos Clearing under this Margin Agreement for the purpose of purchasing, carrying or trading securities.
You are not entitled to choose which securities or other assets in your account(s) are liquidated or sold by Axos Clearing to meet a margin call.
If for any reason Axos Clearing delays or forgoes for a period the enforcement of its margin requirements, Axos Clearing’s subsequent enforcement or right to enforce is not thereby waived.
Upon such written revocation, and payment for all balances due to Axos Clearing, Axos Clearing will deliver such securities to you if so requested.
For any securities held by Axos Clearing as property on margin under this Margin Agreement or as collateral for your obligations under this Margin Agreement, you authorize Axos Clearing to lend such securities, either separately or with other securities, to itself or to other entities.