Examples of Margin Loan in a sentence
Any Director, Company Secretary or Nominated Person who takes out a Margin Loan consents to any public disclosure in relation to the Margin Loan that the Board may deem necessary or appropriate from time to time.
Before entering into any Margin Loan Arrangement, Nominated Persons must obtain the written approval of the Board.
When requesting the approval of the Board, they must provide the following information: • the number of WDS Securities which will be subject to the Margin Loan Arrangement; and • their capacity and intention to meet any Margin Calls.
It is the responsibility of the Company Secretary and Managing Director or Chairman (as the case may be) to report all notifications received pursuant to this Margin Loan Policy to the Board.
Nominated Persons and their Related Parties are also subject to the Margin Loan restrictions set out in this clause 12.