Liens and Liquidations Sample Clauses

Liens and Liquidations. All securities and other property held in any of your Firstrade accounts (which are carried by Apex), including accounts in which you have an interest, shall be subject to a general lien for discharge of all your indebtedness and other obligations to us. Such securities and other property shall be held by us as security for payment of any liability or indebtedness you may incur in any account with us. We reserve the right to transfer securities and other properties from any of your other accounts with us, whenever we determine such a transfer is appropriate for our protection and we reserve the right to determine at our discretion which securities and other property are to be sold and/or purchased in enforcement of our lien. Circumstances that may require the liquidation of an account include, but are not limited to: the failure of a customer to pay for securities purchased or the failure to deliver securities in good form; the filing of a petition of bankruptcy by or against a customer; the appointment of a receiver by or against a customer; an attachment levied against any account of the customer or any account in which the customer has an interest; or the customer's death. You are responsible for costs, commissions and losses arising from any actions we take to liquidate or close transactions in your account due to your failure to pay for transactions and/or to deliver securities in good form.
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Liens and Liquidations. All monies or securities held by IFCF at any time in any of your accounts (individual, joint or otherwise) for any purpose shall be collateral subject to a general lien and security interest for the discharge of all your obligations to IFCF. IFCF may also demand repayment of any loan balance in whole, or in part, at any time and for any reason. Additionally, IFCF may require you to deposit additional collateral as security for your obligations. DISCLOSURES MARGIN DISCLOSURE STATEMENT ( applicable if you have elected to open a margin account) INTL FCStone Financial Inc. (IFCF) serves as clearing broker to your brokerage firm. With respect to this relationship, IFCF offers many services to your brokerage firm as outlined in their clearing agreement and as disclosed to you under the terms of FINRA Rule 4311. Under the clearing agreement, IFCF is the lender with respect to margin loans. This document is being provided to you to provide some basic facts about purchasing securities on margin and to alert you to the risks involved with trading securities in a margin account. Before trading stocks in a margin account, you should carefully review the margin agreement provided upon opening your margin account. Consult your brokerage firm regarding any questions or concerns you may have with your margin account. When you purchase securities, you may pay for the securities in full or you may borrow part of the purchase price from IFCF. If you choose to borrow funds from IFCF, you will open a margin account with IFCF through your brokerage firm. The securities purchased are IFCF’s collateral for the loan to you. If the securities in your account decline in value, so does the value of the collateral supporting your loan, and, as a result, IFCF or your brokerage firm can take action, such as issue a margin call and/or sell securities or other assets in any of your accounts held with IFCF, in order to maintain the required equity in the account. It is important that you fully understand the risks involved in using margin, whether trading securities on margin or using your margin account equity for other purposes. These risks include the following: • You can lose more funds than you deposit in the margin account. A decline in the value of securities purchased/held in your margin account may require you to provide additional funds to IFCF to avoid the forced sale of those securities or other securities or assets in your account(s). • IFCF or your brokerage firm can force th...
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Liens and Liquidations. 抵押和清算 All securities and other property held in any of your Firstrade accounts (which are carried by Apex), including accounts in which you have an interest, shall be subject to a general lien for discharge of all your indebtedness and other obligations to us. Such securities and other property shall be held by us as security for payment of any liability or indebtedness you may incur in any account with us. We reserve the right to transfer securities and other properties from any of your other accounts with us, whenever we determine such a transfer appropriate for our protection and we reserve the right to determine at our discretion which securities and other property are to be sold and/or purchased in enforcement of our lien. Circumstances that may require the liquidation of an account include, but are not limited to: the failure of a customer to pay for securities purchased or the failure to deliver securities in good form; the filing of a petition of bankruptcy by or against a customer; the appointment of a receiver by or against a customer; an attachment levied against any account of the customer or any account in which the customer has an interest; or the customer's death. You are responsible for costs, commissions and losses arising from any actions we take to liquidate or close transactions in your account due to your failure to pay for transactions and/or to deliver securities in good form. 所有第一證券賬戶中（由APEX 持有）的證券和其他財產，包括賬戶中的利息，均有可能被留置直到您履行完所有對我們的責任和義務。這些證券和其他財產將由我們以保管，作為對支付您任何賬戶衍生出來的責任和義務前的抵押。當我們確定轉移的合理性後，我們保留權利決定轉移和執行賣出和（或）買入您賬戶中證券和其他財產，作為對我們的保障。在特定情況下我們可能需要清算賬戶，包括：未能支付購買證券的所有費用或未能在賣出前以可接收方式遞交股票；由客戶自動提出的或針對客戶提出的破產申請被提交；由客戶授權或針對客戶的收款人被任命；收到針對客戶或任何相關賬戶的征稅文件；或客戶的離世。您需要負責因未能支付購買證券的所有費用或未能在賣出前以可接收方式遞交股票，導致賬戶清算而產生的所有費用，包括費用、佣金和 （或）損失。
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Liens and Liquidations. All monies or securities held by IFCF at any time in any of your accounts (individual, joint or otherwise) for any purpose shall be collateral subject to a general lien and security interest for the discharge of all your obligations to IFCF. IFCF may also demand repayment of any loan balance in whole, or in part, at any time and for any reason. Additionally, IFCF may require you to deposit additional collateral as security for your obligations.
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Liens and Liquidations. All monies or securities held by Sterne Agee at any time in any of your accounts (individual, joint or otherwise) for any purposes shall be collateral subject to a general lien and security interest for the discharge of all your obligations to Sterne Agee. Sterne Agee may also demand repayment of any loan balance in whole, or in part, at any time and for any reason. Additionally, Sterne Agee may require you to deposit additional collateral as security for your obligations. SIPC PROTECTION Assets held in your Sterne, Agee & Xxxxx, Inc. account for investment purposes are protected by combined SIPC and excess SIPC insurance coverage up to $25,000,000. SIPC protects your account for $500,000. Excess SIPC insurance covers all accounts for an additional $24,500,000. Claims of cash are limited to $100,000. Money Market fund shares are securities, not cash, and are protected up to the full $25,000,000 limit. For details please see xxx.xxxx.xxx. SIPC protection covers more than one account in which you have an interest provided you are acting in different capacities for each account. (For instance, coverage would apply if you had an individual account and a joint account with your spouse.) SIPC does not protect against a decline in market value of securities in your brokerage account.
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Liens and Liquidations. All monies or securities held by SFI at any time in any of your accounts (individual, joint or otherwise) for any purpose shall be collateral subject to a general lien and security interest for the discharge of all your obligations to SFI. SFI may also demand repayment of any loan balance in whole, or in part, at any time and for any reason. Additionally, SFI may require you to deposit additional collateral as security for your obligations.
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Liens and Liquidations. 16. All securities and other property held in any of your JBOC accounts, to include any account in which you have any interest, shall be subject to a general lien for discharge of all your indebtedness and other obligations to JBOC. Such securities and other property shall be held by us as a security for payment of any liability or indebtedness you may incur in any account. JBOC reserves the right to transfer securities and other properties from any of your other accounts with JBOC, whenever JBOC determines such a transfer is appropriate for its protection and JBOC reserves the right to determine, at its sole discretion, which securities and other property are to be sold and/or purchased in enforcement of this lien.
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Related to Liens and Liquidations

  • Winding Up and Liquidation (a) Upon the dissolution of the Company, its affairs shall be wound up as soon as practicable thereafter by the Member. Except as otherwise provided in subsection (c) of this Section 6.2, in winding up the Company and liquidating the assets thereof, the Managers, or other person so designated for such purpose, may arrange for the collection and disbursement to the Member of any future receipts from the Company property or other sums to which the Company may be entitled, or may sell the Company’s interest in the Company property to any person, including persons related to the Member, on such terms and for such consideration as shall be consistent with obtaining the fair market value thereof.

  • Dissolution and Liquidation (Check One)

  • Termination and Liquidation 4.1 If, at any time:

  • Dissolution, Liquidation (a) The Company shall dissolve, and its affairs shall be wound up upon the first to occur of the following: (i) the written consent of the Member or (ii) any other event or circumstance giving rise to the dissolution of the Company under Section 18-801 of the Act, unless the Company’s existence is continued pursuant to the Act.

  • Distribution of Liquidation Proceeds Subject to the terms and conditions hereof, the Administrative Agent shall distribute all Liquidation Proceeds in the order and manner set forth below:

  • Dissolution or Liquidation To the extent not previously exercised or settled, Options, SARs and Stock Units shall terminate immediately prior to the dissolution or liquidation of the Company.

  • Rights on Liquidation In the event of the liquidation, dissolution or winding-up of the Partnership, whether voluntary or involuntary, or any other distribution of assets of the Partnership among its unitholders for the purpose of winding-up its affairs, unless the Partnership is continued under the election to reconstitute and continue the Partnership pursuant to Section 13.2.2 of the Agreement, the Holders shall be entitled to receive C$25.00 per Series 8 Preferred Limited Partnership Unit held by them, together with all accrued (whether or not declared) and unpaid Series 8 Distributions up to but excluding the date of payment or distribution (less any tax required to be deducted and withheld by the Partnership), before any amounts shall be paid or any assets of the Partnership distributed to the holders of any Junior Securities. Upon payment of such amounts, the Holders shall not be entitled to share in any further distribution of the assets of the Partnership.

  • Orderly Liquidation A reasonable time shall be allowed for the orderly liquidation of the assets of the Company and the discharge of liabilities to creditors so as to enable the Members to minimize the losses normally attendant upon a liquidation.

  • Distributions on Liquidation (a) Upon completion of all desired sales of Company assets, and after payment of all selling costs and expenses, the proceeds of such sales, and any Company assets that are to be distributed in kind, will be distributed to the following groups in the following order of priority: (i) to satisfy Company liabilities to creditors; (ii) to satisfy Company obligations to the Member; and (iii) to the Member, on account of its membership interest in the Company. All distributions required under this Section 9.4 shall be made to the Member within ninety (90) days after the date of such liquidation.

  • No Liquidation Seller will not, without the prior written consent of Buyer, liquidate, wind up its affairs or otherwise terminate its existence or enter into or consummate any transaction that would result in Seller being owned, directly or indirectly, by any Person other than the Members (a “Seller Liquidation”) on or prior to the three (3)-year anniversary of the date hereof. Upon the occurrence of any such Seller Liquidation, the Members will assume all rights, obligations and liabilities of Seller hereunder.

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