Common use of NO SECURITY INTERESTS CREATED Clause in Contracts

NO SECURITY INTERESTS CREATED. 15.5.1 Nothing in this Terms and Conditions, unless expressly stated, is intended to create or does create in favour of either of you or us any mortgage, charge, lien, pledge or other security interest in any cash or other property transferred by one to the other under any Position.

Appears in 2 contracts

Samples: Margin Fx Contracts and Contract for Differences, Terms and Conditions

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NO SECURITY INTERESTS CREATED. 15.5.1 Nothing in this Terms and ConditionsClient Agreement, unless expressly stated, is intended to create or createor does create in favour of either of you or us any mortgage, charge, lien, pledge or other security interest in any cash or other property transferred by one to the other under any Position.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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