Common use of Proceeds of Sale Clause in Contracts

Proceeds of Sale. 12.1 Subject to Clauses 8.6 and 8.7, the proceeds of sale or liquidation of the Account(s) made under Clause 11 shall be applied in the following order of priority and any residue shall be paid to the Client or to his/its order:

Appears in 3 contracts

Samples: S Agreement, Margin Client’s Agreement, www.zrpts.com

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Proceeds of Sale. 12.1 14.1 Subject to Clauses 8.6 Clause 10.5 and 8.710.6, the proceeds of sale or liquidation of the Account(s) made under Clause 11 Clause13 shall be applied in the following order of priority and any residue shall be paid to the Client or to his/its order:

Appears in 3 contracts

Samples: S Agreement, Cash Client’s Agreement, www.zrpts.com

Proceeds of Sale. 12.1 Subject to Clauses 8.6 and 8.7, the 13.1 The proceeds of sale or liquidation of the Account(s) Account made under Clause 11 12 shall be applied in the following order of priority and any residue shall be paid to the Client or to his/its the Client’s order:

Appears in 1 contract

Samples: Futures Client Agreement

Proceeds of Sale. 12.1 Subject to Clauses 8.6 and 8.7, the 15.1. The proceeds of sale or liquidation of the Account(s) Margin Account made under Clause 11 13 shall be applied in the following order of priority and any residue shall be paid to the Client or to his/its the Client’s order:

Appears in 1 contract

Samples: www.chinahkls.com

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Proceeds of Sale. 12.1 Subject to Clauses 8.6 and 8.7, the 14.1 The proceeds of sale or liquidation of the Account(s) Account made under Clause 11 14 shall be applied in the following order of priority and any residue shall be paid to the Client or to his/its the Client’s order:

Appears in 1 contract

Samples: www.chinahkls.com

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