Common use of APPLICATION OF ACCOUNT FUNDS Clause in Contracts

APPLICATION OF ACCOUNT FUNDS. 19.1 Our rights to apply Account funds (a) apply all or part of any currency held by us in your Account and any currency held by us for the purpose of your dealings in such order or manner as we think fit, whether the liabilities are actual or contingent, primary or collateral, joint or several; (b) combine or consolidate all or any of your Accounts with us; and (c) convert at a commercial rate currency held by us in your Account into a currency or currencies in which payments are due from you to us and without us being responsible to you for any loss resulting from such conversion. Trademax Global Limited VFSC: 40356 Client Agreement

Appears in 1 contract

Samples: Client Agreement

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