Effect of Attachment or Sequestration of Accounts. You understand and agree that we or Clearing Firm shall not be liable for refusing to obey any orders given by or for you with respect to any Account which is or has been subject to an attachment or sequestration in any legal proceeding against you, and we and Clearing Firm shall be under no obligation to contest the validity of any such attachment or sequestration.
Appears in 22 contracts
Samples: Basic Brokerage Account Agreement, Basic Brokerage Account Agreement, Brokerage Account Agreement