Template:Eudirsnap

“You shall pay to us such sums as we may from time to time require in or towards satisfaction of any debit balance on any of your accounts with us and, on a full indemnity basis, any losses, liabilities, costs or expenses (including, but not limited to, losses, liabilities, costs or expenses allocated to us by an exchange or clearing organisation in circumstances other than pursuant to any clearing member default and legal fees) and taxes which we may incur, suffer or be subjected to with respect or by reference to any of your accounts or any Transaction or any matching Transaction (including terminated matching Transactions) or any related margining arrangements or with an intermediate broker or as a result of any misrepresentation by you or any violation by you of your obligations under this Agreement (including any Transaction) or by the enforcement of our rights. Where we receive any payment that is subject to a tax or other item that is indemnifiable under this clause where we have an obligation to pay an equivalent amount to you, we may deduct an amount equal to such tax or other indemnifiable item from the payment due to you instead of paying you the full amount and making a claim under this indemnity.”.