Common use of General Lien Clause in Contracts

General Lien. In addition and without prejudice to any rights to which we may be entitled under this Agreement or any Applicable Laws, Rules and/or Regulations we shall have a general lien on all Assets and property held on your behalf by us, our Associates or our nominees, until the satisfaction of all Secured Obligations. Without limitation, such general lien shall comprise the credit balances on your Accounts, the securities registered as belonging to you on our books, and the value of your open positions with us. We may, in our absolute discretion and without notice to you, apply and/or transfer any or all such Assets which you have deposited at any time with us or which may at any time be in our possession or control or carried on our books for any purpose, including safe keeping, between any of your Accounts with us and combine or set off between accounts and convert any currency into another. Without prejudice to any other rights to which we may be entitled, we may at any time and without notice to you set-off any amounts (whether actual or contingent, present or future) at any time owing between you and us paying you the difference.

Appears in 6 contracts

Samples: Client Agreement, Online Trading Agreement, Terms and Conditions

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General Lien. In addition and without prejudice to any rights to which we may be entitled under this Agreement or any Applicable Laws, Rules and/or Regulations we We shall have a general lien on all Assets and property held on your behalf by us, our Associates Associates, or our nominees, in addition to any rights we may have under this Agreement or other Applicable Laws, Rules, and/or Regulations, until the satisfaction of all Secured ObligationsObligations are satisfied. Without limitation, such general lien shall comprise the The credit balances on your Accounts, the securities registered as belonging to you on our books, and the value of your open positions with usus are all subject to this general lien. We may, in our absolute sole discretion and without prior notice to you, apply and/or transfer any or all such of your Assets which that you have deposited at any time with us or which that may at any time be in our possession or control possession, control, or carried on our books for any purpose, including safe keepingsafekeeping, between any of your Accounts with us us, and combine or set off between accounts and accounts, as well as convert any currency into another. Without prejudice to any other rights to which we may be entitledhave, we may at any time and without notice to you set-off any amounts (whether actual or contingent, present or future) at any time owing between you and us at any time and without notice to you, with us paying you the difference.

Appears in 2 contracts

Samples: Terms and Conditions, Client Agreement

General Lien. In addition and without prejudice to any rights to which we may be entitled under this Agreement or any Applicable Laws, Rules and/or Regulations we shall have a general lien on all Assets and property held on your behalf by us, our Associates or our nominees, until the satisfaction of all Secured Obligations. Without limitation, such general lien shall comprise the credit balances on your Accounts, the securities registered as belonging to you on our books, and the value of your open positions with us. We may, in our absolute discretion and without notice to you, apply and/or transfer any or all such Assets which you have deposited at any time with us or which may at any time be in our possession or control or carried on our books for any purpose, including safe keeping, between any of your Accounts with us and combine or set off between accounts and convert any currency into another. Without prejudice to any other rights to which we may be entitled, we may at any time and without notice to you set-off any amounts (whether actual or contingent, present or future) at any time owing between you and us paying you the difference.. Chapter F: Commissions, Fees and Charges

Appears in 1 contract

Samples: Online Trading Agreement

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General Lien. In addition addition, and without prejudice to any rights to which we may be entitled under this Agreement or any Applicable Lawsapplicable laws, Rules rules and/or Regulations regulations we shall have a general lien on all Assets and property held on your behalf by us, our Associates associates or our nominees, until the satisfaction of all Secured Obligations. Without limitation, such general lien shall comprise the credit balances on your Accountsaccounts, the securities registered as belonging to you on our books, and the value of your open positions with us. We may, in our absolute discretion and without notice to you, apply and/or transfer any or all such Assets which you have deposited at any time with us or which may at any time be in our possession or control or carried on our books for any purpose, including safe keeping, between any of your Accounts accounts with us and combine or set off between accounts and convert any currency into another. Without prejudice to any other rights to which we may be entitled, we may at any time and without notice to you set-off any amounts (whether actual or contingent, present or future) at any time owing between you and us paying you the difference.

Appears in 1 contract

Samples: Client Agreement

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