Common use of MARGIN SECURITIES TRADING ACCOUNT Clause in Contracts

MARGIN SECURITIES TRADING ACCOUNT. 2.1 In consideration of SHKOS granting to Client the Facility, Client charges to SHKOS, by way of first fixed charge as a continuing security for the payment and satisfaction on demand of the Liabilities, all of Client’s securities which are now or which shall at any time be deposited with, or come into the possession, custody or control of, SHKOS or any member of the Group or any nominee or custodian appointed or agreed by SHKOS, or with any person, to facilitate the provision of the Facility in respect of the Account, which shall include all dividends and other distributions made or payable in respect of such securities, and all securities (and the dividends and other distributions in respect thereof), rights, monies or property of whatever nature accruing to or offered at any time by way of redemption, bonus, preference, options, purchase consideration or otherwise in right or in respect of the aforesaid securities (the “Margin Securities”).

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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MARGIN SECURITIES TRADING ACCOUNT. 2.1 In consideration of SHKOS SHKIS granting to Client the Facility, Client charges to SHKOSSHKIS, by way of first fixed charge as a continuing security for the payment and satisfaction on demand of the Liabilities, all of Client’s securities which are now or which shall at any time be deposited with, or come into the possession, custody or control of, SHKOS SHKIS or any member of the Group or any nominee or custodian appointed or agreed by SHKOSSHKIS, or with any person, to facilitate the provision of the Facility in respect of the Account, which shall include all dividends and other distributions made or payable in respect of such securities, and all securities (and the dividends and other distributions in respect thereof), rights, monies or property of whatever nature accruing to or offered at any time by way of redemption, bonus, preference, options, purchase consideration or otherwise in right or in respect of the aforesaid securities (the “Margin Securities”).

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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MARGIN SECURITIES TRADING ACCOUNT. 2.1 In consideration of SHKOS GIHKL granting to Client the Facility, Client charges to SHKOSGIHKL, by way of first fixed charge as a continuing security for the payment and satisfaction on demand of the Liabilities, all of Client’s securities which are now or which shall at any time be deposited with, or come into the possession, custody or control of, SHKOS GIHKL or any member of the Group or any nominee or custodian appointed or agreed by SHKOSGIHKL, or with any person, to facilitate the provision of the Facility in respect of the Account, which shall include all dividends and other distributions made or payable in respect of such securities, and all securities (and the dividends and other distributions in respect thereof), rights, monies or property of whatever nature accruing to or offered at any time by way of redemption, bonus, preference, options, purchase consideration or otherwise in right or in respect of the aforesaid securities (the “Margin Securities”).

Appears in 1 contract

Samples: Client Agreement

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