Common use of Inactive or Dormant Account Clause in Contracts

Inactive or Dormant Account. At your sole discretion, you may impose charges, amount of which is reasonable, against my Account to cover maintenance costs in the event that my Account is classified as Inactive, or has no trading transaction(s) for more than one (1) year. If my Account is classified as Dormant, or has no trading transaction(s) for more than three (3) years, you have the right to (a) uplift securities (in order to obtain physical certificate(s)) at my expense, and if needed, (b) sell-out enough securities to pay for: maintenance costs owed to you, upliftment charges, mailing costs and other expenses, and (c) return the certificates and remaining funds to me through any of my last known addresses. Should any or all of these foregoing measures fail, I agree that you will then (d) turn over the assets remaining in my Account to the SEC (as per SRC 52.1-8F) or (e) do otherwise as instructed by regulators.

Inactive or Dormant Account. At your sole discretion, you may impose charges, amount of which is reasonable, against my Account account to cover maintenance costs in the event that my Account account is classified as Inactive, or has no trading transaction(s) for more than one (1) year. If my Account account is classified as Dormant, or has no trading transaction(s) for more than three (3) years, you have the right to (a) uplift securities (in order to obtain physical certificate(s)) at my expense, and if needed, (b) sell-out enough securities to pay for: maintenance costs owed to you, upliftment charges, mailing costs and other expenses, and (c) return the certificates and remaining funds to me through any of my last known addresses. Should any or all of these foregoing measures fail, I agree that you will then (d) turn over the assets remaining in my Account account to the SEC (as per SRC 52.1-8F) or (e) do otherwise as instructed by regulators.

Inactive or Dormant Account. At your sole discretion, you may impose charges, amount of which is reasonable, against my Account settlement account or trading account to cover maintenance costs in the event that any of my Account is accounts are classified as Inactive, or has no trading transaction(s) for more than one (1) year. If my Account account is classified as Dormant, or has no trading transaction(s) for more than three (3) years, you have the right to (a) uplift securities (in order to obtain physical certificate(s)) at my expense, and if needed, (b) sell-out enough securities to pay for: maintenance costs owed to you, upliftment charges, mailing costs and other expenses, and (c) return the certificates and remaining funds to me through any of my last known addresses. Should any or all of these foregoing measures fail, I agree that you will then (d) turn over the assets remaining in my Account account to the SEC (as per SRC 52.1-8F) or (e) do otherwise as instructed by regulators.

Inactive or Dormant Account. At your sole discretion, you may impose charges, amount of which is reasonable, against my Account account to cover maintenance costs in the event that my Account account is classified as Inactive, or has no trading transaction(s) for more than one (1) year. If my Account account is classified as Dormant, or has no trading transaction(s) for more than three (3) years, you have the right to (a) uplift securities (in order to obtain physical certificate(s)) at my expense, and if needed, (b) sell-out enough securities to pay for: maintenance costs owed to you, upliftment charges, mailing costs and other expenses, and (c) return the certificates and remaining funds to me through any of my last known addresses. Should any or all of these foregoing measures fail, I agree that you will then (d) turn over the assets remaining in my Account account to the SEC (as per SRC 52.1-8F) or 8F)or (e) do otherwise as instructed by regulators.