Lost, Stolen or Forged Securities. Correspondent shall be responsible for any defect in title to any securities purchased, sold, borrowed, delivered or transferred under this Agreement which may have been forged, counterfeited, altered, lost, stolen, or the subject of any similar occurrence or act.
Appears in 2 contracts
Samples: Clearing Agreement (Broadpoint Securities Group, Inc.), Agreement (Broadpoint Securities Group, Inc.)
Lost, Stolen or Forged Securities. Correspondent shall be responsible responsible for any defect in title to any securities purchased, sold, borrowed, delivered or transferred under this Agreement which may have been forged, counterfeited, altered, lost, stolen, or the subject of any similar occurrence or act.
Appears in 1 contract
Lost, Stolen or Forged Securities. Correspondent shall be responsible responsible for any defect in title to any securities purchased, sold, borrowed, delivered or transferred under this Agreement which may have been forged, counterfeited, raised, altered, lost, lost or stolen, or the subject of any similar occurrence or act.
Appears in 1 contract
Samples: Fully Disclosed Clearing Agreement (Nasdaq Stock Market Inc)