Elimination or Reduction of Indebtedness Sample Clauses

Elimination or Reduction of Indebtedness. If you fail to pay any indebtedness when due, or if on or before any settlement date you fail to comply with any other requirement contained in this Agreement, then, in addition to any other right or remedy to which the Firm is entitled, the Firm may at any time and from time to time, without notice or demand to you: (a) apply monies held to your credit in any other Account with the Firm to eliminate or reduce indebtedness; (b) sell, contract to sell or otherwise dispose of any or all of the securities held by the Firm for you and apply the net proceeds therefrom to eliminate or reduce indebtedness; or (c) cancel or modify any outstanding orders. Such rights may be exercised separately, successively or concurrently. The Firm will not be required to exercise any such rights, nor will it be required to exercise any right prior to exercising any other right. The failure to exercise any or all of such rights or the granting of any indulgence will not in any way limit, restrict or prevent the Firm from exercising such rights at any subsequent time and shall not limit, reduce or discharge any indebtedness or part thereof. Any sales or purchases for the Account may be made in such manner as the Firm deems advisable. If demand is made or notice given to you by the Firm, it shall not constitute a waiver of any of the Firm’s rights to act hereunder without demand or notice. Any and all expenses (including any legal fees) incurred by the Firm in connection with exercising any right pursuant to this section may be charged to your Account. You shall remain liable to the Firm for any deficiency remaining following the exercise by the Firm of any or all of its rights and agree that the rights which the Firm is entitled to exercise pursuant to this section are reasonable and necessary for the Firm’s protection.
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Elimination or Reduction of Indebtedness. If you fail to pay any indebtedness in any Account, Wealthsimple may, in addition to any other right or remedy, and without notice or demand to you:
Elimination or Reduction of Indebtedness. If: (a) I fail to pay any indebtedness when due, (b) Xxxxxx Xxxxx deems the margin held by it to be insu‰cient for its protection, and/or
Elimination or Reduction of Indebtedness. If; (a) the Applicant/Xxxxxxxxx fails to pay any indebtedness when due; or (b) before any settlement date of the Applicant/Annuitant fails to comply with any other requirement contained in the Agreement; then, in addition to any other right or remedy to which Worldsource is entitled, Worldsource Financial Management may at any time or from time to time without notice or demand to the Applicant/Annuitant:
Elimination or Reduction of Indebtedness. If; (a) you fail to pay any indebtedness when due; or (b) before any settlement date or you fail to comply with any other requirement contained in the Agreement; then, in addition to any other right or remedy to which Worldsource is entitled, Worldsource Financial Management Inc. may at any time or from time to time without notice or demand to you:

Related to Elimination or Reduction of Indebtedness

  • Payment of Indebtedness Pledgor will pay the principal sum of the Note secured hereby, together with interest thereon, at the time and in the manner provided in the Note.

  • Collection of Items We act only as your agent and we are not responsible for handling items for deposit or collection beyond the exercise of ordinary care. We are not liable for the negligence of any correspondent or for loss in transit, and each correspondent will only be liable for its own negligence. We may send any item for collection. Items drawn on an institution located outside the United States are handled on a collection basis only. You waive any notice of nonpayment, dishonor, or protest regarding items we purchase or receive for credit or collection to your account. We reserve the right to pursue collection of previously dishonored items at any time, including giving a payor financial institution extra time beyond any midnight deadline limits.

  • Funding Cancellation Clause When the Director of the State Budget Agency makes a written determination that funds are not appropriated or otherwise available to support continuation of the performance of this Contract, this Contract shall be canceled. A determination by the Director of the State Budget Agency that funds are not appropriated or otherwise available to support continuation of performance shall be final and conclusive.

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