Common use of Calls on Partly Paid Investments Clause in Contracts

Calls on Partly Paid Investments. Where Xxxxxx Xxxxxxx or any third party holding Investments on behalf of Xxxxxx Xxxxxxx is legally liable to meet any payment due or to become due in respect of those Investments, the Client will provide Xxxxxx Xxxxxxx or such other person (as the case may be) with funds to meet such payments on the due date therefor, or Xxxxxx Xxxxxxx or such person may make such payment and the Client will reimburse Xxxxxx Xxxxxxx or such person forthwith upon demand. Where the Client provides the necessary funds in time to do so, MSI plc shall use reasonable endeavours to satisfy the call.