COLLATERAL AND LENDING AGREEMENT Sample Clauses

COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which CYBER FUTURES INTERNATIONAL LTD or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by CYBER FUTURES INTERNATIONAL LTD as security and subject to a general lien and right of set-off for liabilities of Customer to CYBER FUTURES INTERNATIONAL LTD whether or not CYBER FUTURES INTERNATIONAL LTD has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with CYBER FUTURES INTERNATIONAL LTD CYBER FUTURES INTERNATIONAL LTD may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to CYBER FUTURES INTERNATIONAL LTD the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by CYBER FUTURES INTERNATIONAL LTD as margin or security. CYBER FUTURES INTERNATIONAL LTD shall at no time be required to deliver to Customer the identical property delivered to or purchased by CYBER FUTURES INTERNATIONAL LTD for any account of Customer. This authorization shall apply to all accounts carried by CYBER FUTURES INTERNATIONAL LTD for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by CYBER FUTURES INTERNATIONAL LTD from its home office. Any failure by CYBER FUTURES INTERNATIONAL LTD to enforce its rights hereunder shall not be deemed a future waiver of such rights by CYBER FUTURES INTERNATIONAL LTD. CYBER FUTURES INTERNATIONAL LTD is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that CYBER FUTURES INTERNATIONAL LTD deems necessary or desirable to evidence or to protect CYBER FUTURES INTERNATIONAL LTD’s interest with respect to any collateral. CUSTOMER AGREEMENT 6 In the event that the ...
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COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which EQUINOX MARKETS LIMITED (UK) or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by EQUINOX MARKETS LIMITED (UK) as security and subject to a general lien and right of set-off for liabilities of Customer to EQUINOX MARKETS LIMITED (UK) whether or not EQUINOX MARKETS LIMITED (UK) has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with EQUINOX MARKETS LIMITED (UK) EQUINOX MARKETS LIMITED (UK) may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to EQUINOX MARKETS LIMITED (UK) the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by EQUINOX MARKETS LIMITED (UK) as margin or security. EQUINOX MARKETS LIMITED (UK) shall at no time be required to deliver to Customer the identical property delivered to or purchased by EQUINOX MARKETS LIMITED (UK) for any account of Customer. This authorization shall apply to all accounts carried by EQUINOX MARKETS LIMITED (UK) for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by EQUINOX MARKETS LIMITED (UK) from its home office. Any failure by EQUINOX MARKETS LIMITED (UK) to enforce its rights hereunder shall not be deemed a future waiver of such rights by EQUINOX MARKETS LIMITED (UK) EQUINOX MARKETS LIMITED (UK) is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that EQUINOX MARKETS LIMITED (UK) deems necessary or desirable to evidence or to protect EQUINOX MARKETS LIMITED (UK)’s interest with respect to any collateral. In the event that the collateral deemed acceptable to EQUINOX MARKETS LIMITED (UK) is at any ti...
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that TRADEVIEW LTD or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of TRADEVIEW LTD for any purpose, including safekeeping, are to be held by TRADEVIEW LTD as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to TRADEVIEW LTD whether or not TRADEVIEW LTD has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with TRADEVIEW LTD. TRADEVIEW LTD may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to TRADEVIEW LTD the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by TRADEVIEW LTD as margin or collateral. TRADEVIEW LTD shall at no time be required to deliver to Client the identical property delivered to or purchased by TRADEVIEW LTD for any account of Client. Should Client take delivery of Page 3 of 7 currencies through settlement of trades, TRADEVIEW LTD is obliged to make full payment for the delivery on 24 hour notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or TRADEVIEW LTD, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by TRADEVIEW LTD for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by TRADEVIEW LTD.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that BMFN or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of BMFN for any purpose, including safekeeping, are to be held by BMFN as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to BMFN whether or not BMFN has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with BMFN. BMFN may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to BMFN the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by BMFN as margin or collateral. BMFN shall at no time be required to deliver to Client the identical property delivered to or purchased by BMFN for any account of Client. Should Client take delivery of currencies through settlement of trades, BMFN is obliged to make full payment for the delivery on 24 hours notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or BMFN, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by BMFN for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by BMFN. 10 LIQUIDATION OF ACCOUNTS / DEFICIT BALANCES In the event of: A the death or judicial declaration of incompetence of Client, B the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Client, C the filing of an attachment against any of Client’s accounts carried by BMFN, D insufficient margin, or BMFN’s determination that any collateral deposited to protect one or more accounts of Client is inadequate, regardless of current market quotations, to secure the account, E Client’s failure to provide BMFN any infor...
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which GFX or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by GFX as security and subject to a general lien and right of set-off for liabilities of Customer to GFX whether or not GFX has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with GFX. GFX may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to GFX the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by GFX as margin or security. GFX shall at no time be required to deliver to Customer the identical property delivered to or purchased by GFX for any account of Customer. This authorization shall apply to all accounts carried by GFX for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by GFX from its home office. Any failure by GFX to enforce its rights hereunder shall not be deemed a future waiver of such rights by GFX. GFX is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that GFX deems necessary or desirable to evidence or to protect GFX’s interest with respect to any collateral. In the event that the collateral deemed acceptable to GFX is at any time insufficient to satisfy Customer’s indebtedness or other obligations to GFX, including obligations to provide margin in accordance with section 4 above, Customer shall promptly pay upon demand the entire amount of such deficit.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that NOOR may at any time be carrying for Client (either individually, corporate, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of NOOR for any purpose, including safekeeping, are to be held by NOOR as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to NOOR whether or not Shall apply to all accounts carried by NOOR for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by NOOR. LIQUIDATIONOF ACCOUNTS/DEFICIT BALANCEST In the event of: A the death or judicial declaration of incompetence of Client, B the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Client, C the filing of an attachment against any of Client's accounts carried by NOOR, D insufficient margin, or NOOR's determination, in its sole discretion, that any collateral deposited to protect one or more accounts of Client is inadequate, regardless of current market quotations, to secure the account, E Client's failure to provide NOOR any information requested pursuant to this agreement, or F any other circumstances or developments that XXXX xxxxx appropriate for its protection, then, in NOOR's sole discretion, it may take one or more, or any portion of, the following actions: NOOR has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with NOOR. NOOR may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client's accounts. Client hereby also grants, free of charge or interest, to NOOR the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by NOOR as margin or collateral. NOOR, as the case may be, shall at no time be required to deliver to Client the identical property III Satisfy any obligation Client may have to NOOR, either directly or by way of guaranty of surety, out of any of Client's funds or property in its custody or control, Sell or purchase any or all Co...
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which BLUE OCEAN FINANCIALS LIMITED or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by BLUE OCEAN FINANCIALS LIMITED as security and subject to a general lien and right of set-off for liabilities of Customer to BLUE OCEAN FINANCIALS LIMITED whether or not BLUE OCEAN FINANCIALS LIMITED has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with BLUE OCEAN FINANCIALS LIMITED BLUE OCEAN FINANCIALS LIMITED may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to BLUE OCEAN FINANCIALS LIMITED the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by BLUE OCEAN FINANCIALS LIMITED as margin or security. BLUE OCEAN FINANCIALS LIMITED shall at no time be required to deliver to Customer the identical property delivered to or purchased by BLUE OCEAN FINANCIALS LIMITED for any account of Customer. This authorization shall apply to all accounts carried by BLUE OCEAN FINANCIALS LIMITED for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by BLUE OCEAN FINANCIALS LIMITED from its home office. Any failure by BLUE OCEAN FINANCIALS LIMITED to enforce its rights hereunder shall not be deemed a future waiver of such rights by BLUE OCEAN FINANCIALS LIMITED BLUE OCEAN FINANCIALS LIMITED is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver CUSTOMER AGREEMENT 6 any documents, give any notice and to take any actions on behalf of Xxxxxxxx, including the execution, delivery and filing of financing statements, that BLUE OCEAN FINANCIALS LIMITED deems necessary or desirable to evidence or to protect BLUE OCEAN FINANCIALS LIMITED’s interest with respect to any collateral. In the event that the collateral deemed acceptable to BLU...
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COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client which RJO or its affiliates may at any time be for Client (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by RJO as security and subject to a general lien and right of set-off for liabilities of Client to RJO, irrespective of the number of accounts Client may have with RJO. RJO may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to RJO the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other clients, to itself or to others, any securities or other property of Client held by RJO as margin or security. RJO shall at no time be required to deliver to Client the identical property delivered to or purchased by RJO for any account of Client. This authorization shall apply to all accounts carried by RJO for Client and shall remain in full force until all accounts are closed by Client and no amounts are owing to RJO.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that Paramount or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of Paramount for any purpose, including safekeeping, are to be held by Paramount as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to Paramount whether or not Paramount has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with Paramount may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client's accounts. Client hereby also grants to Paramount the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by Paramount as margin or collateral. Paramount shall at no time be required to deliver to Client the identical property delivered to or purchased by Paramount for any account of Client. Should Client take delivery of currencies through settlement of trades, Paramount is obliged to make full payment for the delivery on 24 hours notice. If the balance in the Client's account is not adequate to pay for the delivery, the depository receipts held in the name of Client or Paramount, as Client’s agent or nominee, become property carried on margin in the Client's account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by Paramount for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by Paramount.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Trader which MBC FINANCIAL SERVICES LTD or its affiliates may at any time be carrying for Trader (either individually, jointly with another, or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by MBC FINANCIAL SERVICES LTD as security and subject to a general lien and right of set-off for liabilities of Trader to MBC FINANCIAL SERVICES LTD whether or not MBC FINANCIAL SERVICES LTD has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Trader may have with MBC FINANCIAL SERVICES LTD. MBC FINANCIAL SERVICES LTD may in its discretion, at any time and from time to time, without notice to Trader, apply and/or transfer any or all funds or other property of Trader between any of Trader’s accounts. Trader hereby also grants to MBC FINANCIAL SERVICES LTD the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Traders, to itself as broker or to others, any securities or other property of Trader held by MBC FINANCIAL SERVICES LTD as margin or security. MBC FINANCIAL SERVICES LTD shall at no time be required to deliver to Trader the identical property delivered to or purchased by MBC FINANCIAL SERVICES LTD for any account of Trader.
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