Common use of INTEREST ON DEBIT BALANCES Clause in Contracts

INTEREST ON DEBIT BALANCES. Cash accounts may be subject, at LPL's discretion, to interest on any debit balances resulting from failure to make payment in full for securities purchased, failure to timely deliver securities sold, proceeds of sales paid prior to settlement date, or for other charges which may be made to the Account.

Appears in 8 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

AutoNDA by SimpleDocs

INTEREST ON DEBIT BALANCES. Cash accounts may be subject, at LPL's discretion, to interest on any debit balances resulting from failure to make payment in full for securities purchased, failure to timely deliver securities sold, proceeds of sales paid prior to settlement date, or for other charges which may be made to the Accountaccount.

Appears in 3 contracts

Samples: Brokerage Account Agreement, Brokerage Account Agreement, Brokerage Account Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.