Common use of Allocation of Orders Clause in Contracts

Allocation of Orders. If both a Securities Account and a Margin Securities Account are maintained by me/us at the same time, any Instruction for the purchase of securities shall, unless I/we specify otherwise in the Instruction, be for the Margin Securities Account, and any Instruction for the sale of securities shall, unless I/we specify otherwise in the Instruction, be for such of the Securities Account or Margin Securities Account which contain sufficient quantities of the securities sold and if both the Securities Account and the Margin Securities Account contain sufficient quantities of the securities sold, for the Margin Securities Account.

Appears in 6 contracts

Samples: Client Master Agreement, Client Master Agreement, Client Master Agreement

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Allocation of Orders. If both a Securities Account and a Margin Securities Account are maintained by me/us at the same time, any Instruction for the th e purchase of securities shall, unless I/we specify otherwise in the Instruction, be for the Margin Securities Account, and any Instruction for the sale of securities shall, unless I/we specify otherwise in the Instruction, be for such of the Securities Account or Margin Securities Account which contain sufficient quantities of the securities sold and if both the Securities Account and the Margin Securities Account contain sufficient quantities of the securities sold, for the Margin Securities Account.

Appears in 1 contract

Samples: Client Master Agreement

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Allocation of Orders. If both a Securities Account and a Margin Securities Account are maintained by me/us at the same time, any Instruction for the purchase of securities shall, unless I/we specify otherwise in the Instruction, be for the Margin Securities Account, and any Instruction for the sale of securities shall, unless I/we specify otherwise in the Instruction, be for such of the Securities Account or Margin Securities Account which contain sufficient quantities of the securities sold and if both the Securities Account and the Margin Securities Account contain sufficient quantities of the securities sold, for sold,for the Margin Securities Account.

Appears in 1 contract

Samples: Client Master Agreement

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