Common use of NO SECURITY INTERESTS CREATED Clause in Contracts

NO SECURITY INTERESTS CREATED. 15.5.1 Nothing in this Client Agreement, unless expressly stated, is intended to 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.

NO SECURITY INTERESTS CREATED. 15.5.1 Nothing in this Client AgreementTerms and Conditions, unless expressly stated, is intended to createor 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.