Agreement to Pay Applicable Charges, Fees or Commissions. You agree to pay all disclosed fees, charges and commissions applicable to your account(s). This includes fees and charges for activities conducted in any account maintained through Pershing. Where permitted by applicable law, and except with regard to qualified accounts such as IRA, ERISA or other account types which cannot be assigned or pledged as a matter of law, you authorize MOIS to deduct any unpaid fees or charges relating to one account from funds available in another account maintained by you through Xxxxxxxx. This includes the authorization to liquidate securities in your account in order to generate funds to satisfy unpaid fees, charges and commissions. Where permitted, this Agreement shall serve as your written permission to grant a security interest to MOIS in the assets of any account(s) maintained by you with MOIS.
