Common use of Free Credit Balances Clause in Contracts

Free Credit Balances. I understand that Alpaca shall not be obligated to pay interest on any free credit balance in my Account, and without notice, can use any and all free credit balances to the extent necessary to satisfy any debts arising in any of My Accounts. I further understand that Xxxxxx receives from its custodian banks and clearing relationships, interest and/or rebates derived from customer margin debt balances and customer free credit balances.

Free Credit Balances. I understand that Alpaca shall not be obligated to pay interest on any free credit balance in my Account, and without notice, can use any and all free credit balances to the extent necessary to satisfy any debts arising in any of My Accounts. I further understand that Xxxxxx Alpaca receives from its custodian banks and clearing relationships, interest and/or rebates derived from customer margin debt balances and customer free credit balances.

Free Credit Balances. I understand that Alpaca and ETC shall not be obligated to pay interest on any free credit balance in my Account, and without notice, can use any and all free credit balances to the extent necessary to satisfy any debts debits arising in any of My Accounts. I further understand that Xxxxxx Alpaca receives from Electronic Transaction Clearing, Inc., its custodian banks and clearing relationshipsagent, interest and/or rebates derived from customer margin debt balances and customer free credit balances.

Free Credit Balances. I understand that Alpaca shall not be obligated to pay interest on any free credit balance in my Account, and without notice, can use any and all free credit balances to the extent necessary to satisfy any debts debits arising in any of My Accounts. I further understand that Xxxxxx receives from its custodian banks and clearing relationships, interest and/or rebates derived from customer margin debt balances and customer free credit balances.