Loan Consent Sample Clauses
Loan Consent. By signing this agreement, the undersigned acknowledges that securities not fully paid for by the undersigned may be loaned to Pershing or loaned out to others, and as permitted by law, certain securities in the undersigned’s account, may be used for, among other things, settling short sales and lending the securities for short sales, and as a result Pershing and your Introducing Firm may receive compensation in connection therewith. Pershing does not lend fully- paid-for securities without your written permission. Please contact your introducing financial institution with any questions. Fully-paid- for securities held in a cash account (unless otherwise agreed in a separate written agreement) and fully-paid-for securities held in a margin account in which there is no debit balance are not loaned.
Loan Consent. You agree that property held in your Margin Account, now or in the future, may be borrowed (either separately or together with the property of others) by us (acting as principal) or by others. You agree that Schwab can receive and retain certain benefits (including, but not limited to, interest on collateral posted for such loans) to which you will not be entitled. You acknowledge that, in certain circumstances, such borrowings could limit your ability to exercise voting rights or receive dividends, in whole or in part, with respect to the property lent. You understand that for property that is lent by Schwab, the dividends paid on such property will go to the borrower. No compensation or other reimbursements will be due to you in connection with such borrowings. However, if you are allocated a substitute payment in lieu of dividends, you understand that such a payment may not be entitled to the same tax treatment as may have been applied to the receipt of a dividend. You agree that Schwab is not required to compensate you for any differential tax treatment between dividends and payments in lieu of dividends. Schwab may allocate payments in lieu of dividends by any mechanism permitted by law, including by using a lottery allocation system.
Loan Consent. You agree that securities and other property held on margin, now or in the future, may be loaned, either separately or together with the property of others or by others. No compensation will be payable to you in connection with such loans and any losses or other detriments or gains or other benefits arising from such loans will not accrue to your U.S. Bancorp Investments account. We do not use customer securities, as loans or otherwise, in connection with short sales.
Loan Consent. By signing this Agreement, You acknowledge that securities not fully paid for by You may be loaned to Alpaca or loaned out to others at Xxxxxx’s sole discretion and without prior notice to You.
Loan Consent. A. The Corporation hereby requests the Holder to consent to, and to loan to the Corporation, the full Incremental Revolving Commitment (as defined in the RCA). Subject to the Corporation’s providing the Holder with executed subscription agreements from investors in substantially the form provided by Corporation to the Holder by electronic mail on November 20, 2015 for the raising by the Corporation of at least $2,750,000 in immediately available funds through the issuance of Common Shares and/or warrants (the “Equity Raise” and the date such agreements are provided to the Holder being the “Effective Date”), the Holder hereby consents to the loan of the Full Incremental Revolving Commitment by Holder and will make such loan within one Business Day of receipt of a written request from the Corporation The Corporation and the Holder acknowledge and confirm that the Corporation shall be required to issue the warrants detailed in section 2.1(c) of the RCA in connection with such loan and as required by the RCA.
B. The parties hereby confirm that, as a result of the funding of the full Incremental Revolving Commitment, the Incremental Revolving Commitment shall not be relevant to the determination of the amount of the Commitment Fee (as defined in the RCA) pursuant to Section 2.1(f) of the RCA.
Loan Consent. You acknowledge that securities not fully paid for may be loaned to Pershing Advisor Solutions, Pershing or loaned out to others, and as permitted by law, certain securities in the account, may be used for, among other things, settling short sales and lending the securities for short sales, and as a result Pershing and Pershing Advisor Solutions may receive compensation in connection therewith. Pershing Advisor Solutions and Pershing do not lend fully-paid-for securities without your written permission. Fully-paid-for securities held in a cash account (unless otherwise agreed in a separate written agreement) and fully-paid-for securities held in a margin account in which there is no debit balance are not loaned.