Common use of Compliance With Process Clause in Contracts

Compliance With Process. You authorize Stifel to comply with any process, summons, order, injunction, execution, distraint, levy, lien, or notice of any kind (“Process”) received by or served upon Stifel which, in Stifel’s sole opinion, affects your Account, and Stifel may, at its option and without liability, thereupon refuse to honor orders to pay or withdraw sums from your Account and may either hold the balance therein until the Process is disposed to Stifel’s satisfaction or pay the balance over to the source of the Process. In any event, Stifel shall have no obligation to contest the service of any such Process or the jurisdiction of the source.

Compliance With Process. You authorize Stifel to comply with any process, summons, order, injunction, execution, distraint, levy, lien, or notice of any kind (“Process”) received by or served upon Stifel which, in Stifel’s sole opinion, affects your Account, and Stifel may, at its option and without liability, thereupon refuse to honor orders to pay or withdraw sums from your Account and may either hold the balance therein until the Process is disposed to Stifel’s satisfaction or pay the balance over to the source of the Process. In any event, Stifel shall have no obligation to contest the service of any such Process Pro- cess or the jurisdiction of the source.