Common use of AGREEMENT TO USE COLLATERAL Clause in Contracts

AGREEMENT TO USE COLLATERAL. Customer authorizes Direct Trading Technologies Ltd to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral held by Direct Trading Technologies Ltd, including, but not limited to, using the Contracts as collateral for a loan to Direct Trading Technologies Ltd, and, further dealing with the Collateral, as provided in the Customer Agreement (including, but not limited to Paragraph 6 thereof). Where Customer's Account consists of more than one Account, this authorization shall apply to all of Customer's Accounts with DTT Vanuatu Ltd This Agreement to Use Collateral shall remain in effect so long as Customer's Account with Direct Trading Technologies Ltd remains open or Customer has any obligations of any kind to Direct Trading Technologies Ltd, under the Customer Agreement.

Appears in 4 contracts

Samples: Terms of Service Agreement, Terms of Service Agreement, Terms of Service Agreement

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