Common use of Borrowed Money Clause in Contracts

Borrowed Money. The undersigned acknowledges having been advised that using borrowed money to finance the purchase of securities involves greater risk than using cash resources only, and that if the undersigned borrows money to purchase securities the responsibility to repay the loan and pay interest as required by its terms remains the same even if the value of the securities purchased declines.

Appears in 6 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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