CJF definition
Examples of CJF in a sentence
The Company shall maintain, from financially sound and reputable insurers Directors and Officers liability insurance in an amount and from a carrier on terms and conditions satisfactory to Bessemer Ventures, Shining and CJF.
The Company will certify to Bessemer Ventures, Shining and CJF, at least annually, that it is complying with this Subsection 5.1 and shall deliver a current copy of such policy to Bessemer Ventures, Shining and CJF along with such certification.
CJF HK is also entitled to correct any errors in such acknowledgement or confirmation without incurring any liability in connection therewith.
In particular, CJF HK may apply any such monies, Approved Debt Securities or Approved Securities in or towards meeting CJF HK's obligations to any party insofar as such obligations arise in connection with or incidental to business of dealing in Futures/Options Contracts on the Client's behalf.
In the absence of such notification from CJF HK, the Client's Hong Kong dollars overdue balances will be charged interest at an annual rate of the higher of (i) ten per cent over the cost of funds of CJF HK to be quoted by CJF HK whether or not it has actually borrowed the funds; or (ii) ten per cent above the prevailing overnight HIBOR.
In particular, CJF HK may be required to report to HKFE and the SFC particulars of all open positions (i) in respect of which two successive margin calls or demands for variation adjustments are not met within the period specified by CJF HK; and (ii) for compliance with the requirements on large open positions.
The Client shall comply with the procedure guide issued by CJF HK (set out in Clause 5.9 below) in relation to the operations and security measures of Electronic Trading Service and the Client undertakes to logoff the Electronic Trading Service immediately following the completion of each Electronic Trading Service session.
No recommendation or endorsement from CJF HK shall be inferred from such data.
Notwithstanding the above paragraph (B) and any agreement between any person of the Client with CJF HK, CJF HK reserves the right to demand all the persons of the Client to give instructions or requests in writing or in any such other manner determined by the CJF HK before CJF HK's accepting or acting on such instructions.
Margin in form of asset other than cash will only be accepted by CJF HK in its absolute discretion and CJF HK has absolute discretion to assign a notional value to such assets for determining the amount of required Margin which may not correspond to its market value.