Authorization to Cover. In the event that the Client does not have such sufficient funds or Securities available in the Client’s Account, the Client authorizes GTJAS that GTJAS may at its sole discretion and without prior notification to the Client:-
(a) execute, cancel or liquidate the Client’s Transactions;
(b) set-off any amount receivable from and amount payable to the Client where such amounts arise from the purchase and sale of Securities;
(c) dispose any of the Client’s Securities in the Account to settle any liability owed by the Client to GTJAS arising from the purchase of Securities; or
(d) borrow on the Client’s behalf and/or purchase Securities with the funds available in the Client’s Account arising from the sale of Securities. The Client hereby acknowledges that the Client shall indemnify GTJAS against any loss, costs, fees and expenses that GTJAS may incur in connection with the Client’s failure to meet any of the Client’s settlement failures.
Authorization to Cover. In the event that the Client does not have such sufficient funds or securities available in the Client’s Account, the Client authorizes NECHK that NECHK may at its sole discretion and without prior notification to the Client:
(a) Execute, cancel or liquidate the Client’s transactions;
(b) Set off any amount receivable from and amount payable to the Client where such amounts arise from the purchase and sale of Securities;
(c) Dispose any of the Client’s securities in the Account to settle any liability owed by the Client to NECHK arising from the purchase of securities; or
(d) Borrow on the Client’s behalf and/or purchase securities with the funds available in the Client’s Account arising from the sale of securities. The Client hereby acknowledges that the Client shall indemnify NECHK against any loss, costs, fees and expenses that NECHK may incur in connection with the Client’s failure to meet any of the Client’s settlement failures.
Authorization to Cover. In the event that the Client does not have such sufficient funds or Securities available in the Account, the Client authorizes Suntek that Suntek may at its sole discretion and without prior notification to the Client:
(a) Execute, cancel or liquidate the Transactions;
(b) Set off any amount receivable from and amount payable to the Client where such amounts arise from the purchase and sale of Securities;
(c) Dispose any of Securities in the Account to settle any liability owed by the Client to Suntek arising from the purchase of Securities; or
(d) Borrow on the Client’s behalf and/or purchase Securities with the funds available in the Account arising from the sale of Securities. The Client hereby acknowledges that the Client shall indemnify Suntek against any loss, costs, fees and expenses that Suntek may incur in connection with the Client’s failure to meet any of the Client’s settlement failures.
Authorization to Cover. In the event that the Client does not have such sufficient funds or Securities available in the Client’ s Account, the Client authorizes
