UFX, definition
Examples of UFX, in a sentence
UFX has the sole discretion as to whether to engage or refuse the end user.
Toyga Online’s responsibilities under the Agreement include introducing the end user to UFX, providing UFX with documentation required to open the end user’s client account and ensuring strict compliance with UFX’s customer identification and due diligence procedures.
Trader also agrees to pay promptly to UFX all damages, costs and expenses, including attorney’s fees, incurred by UFX in the enforcement of any of the provisions of this Agreement and any other agreements between UFX and Trader.
No provision of this Agreement may be waived or amended unless the waiver or amendment is in writing and signed by both Trader and an authorized officer of UFX.
Pursuant to the UFX Agreement, UFX agrees to transmit orders of its end users to PX through the ParagonEx electronic trading platform, and PX agrees to act as the principal to such orders, engaging as the counterparty to UFX’s end users.
Trader shall at all times be liable for the payment of any deficit balance of Trader upon demand by UFX and in all cases, Trader shall be liable for any deficiency remaining in Trader’s account(s) in the event of the liquidation thereof in whole or in part by UFX or by Trader.
By signing this agreement, you (1) may be waiving your right to sue in a court of law; and (2) are agreeing to be bound by arbitration of any claims or counterclaims that you or UFX may submit to arbitration under this agreement.
UFX shall at no time be required to deliver to Trader the identical property delivered to or purchased by UFX for any account of Trader.
The purpose of the Lending Agreement is to allow UFX to use depository receipts (representing delivery) as collateral.
This Agreement shall not be deemed to be accepted by UFX nor become a binding contract between Trader and UFX until approved at UFX home office and signed by its authorized representative(s).