Free Credit Balances. Any monies held by the Broker from time to time to the Customer’s credit are payable on demand, need not be segregated and may be used by the Broker in the ordinary conduct of its business. The Customer acknowledges that the relationship of the Customer and the Broker with respect to such monies is one of debtor and creditor only.
Appears in 2 contracts
Samples: Margin Agreement, Margin Agreement
Free Credit Balances. Any monies held by the The Broker from time to time to the Customer’s credit are payable on demand, need not be segregated and may be used by the The Broker in the ordinary conduct of its business. The Customer acknowledges that the relationship of between the Customer and the The Broker with respect to such monies is one of creditor and debtor and creditor only.
Appears in 1 contract
Samples: Margin Agreement
Free Credit Balances. Any monies held by the The Broker from time to time to the Customer’s credit are payable on demand, need not be segregated and may be used by the The Broker in the ordinary conduct of its business. The Customer acknowledges that the relationship of the Customer and the The Broker with respect to such monies is one of the creditor and debtor and creditor only.
Appears in 1 contract
Samples: Margin Agreement
