NCB Capital definition
Examples of NCB Capital in a sentence
NCB Capital and the Client hereby agree that although the Arabic text will generally govern, the English text shall be taken into account in order to clarify any ambiguity in the Arabic text or to resolve any disagreement as to the meaning of the terms and conditions of this Agreement.
The Client is permitted to place a request to NCB Capital to cancel an order after the Client has placed that order.
If the Client fails to pay when due all sums due to (i) NCB Capital, or (ii) The National Commercial Bank, or (iii) any subsidiary, parent or affiliate of NCB Capital or any member of The National Commercial Bank group of companies, then NCB Capital shall be entitled, without prior notice to the Client, to direct the custodian or where NCB Capital acts as custodian to retain and/or realise any assets in the Account as may be required to pay any such outstanding liabilities of the Client.
The Client agrees to co-operate with NCB Capital to the fullest extent possible in the prosecution or defence of any action or proceeding brought by or against NCB Capital against or by any third party in relation to any Services or any transactions in any Investments.
No penalty or other additional payment will be payable by the Client or NCB Capital in respect of the termination.
NCB Capital may refuse to enter into any such arrangements at its absolute and sole discretion.
Further, NCB Capital does not warrant that access to or use of the NCB Capital Platform will be uninterrupted or error free or that the NCB Capital Platform will meet any particular criteria of performance quality.
The Client hereby authorises NCB Capital to rectify at any time NCB Capital deems appropriate any and all deposits that NCB Capital determines in its absolute discretion have been made to the Account in error, including by making debit entries and adjustments to any credit entries made to the Account in error.
However, depending on the Services provided to the Client, the Client may also be permitted (based on the terms and conditions applicable to such Services) to provide notices, instructions or other communications to NCB Capital by phone, fax or in person.
In such cases, title to the Investment may be recorded in the name of the Client, the name of the local custodian or broker or in the name of NCB Capital.