Pledge of Securities. All securities, commodities, and other property now or hereafter held, carried, or maintained by Pershing in its possession in any of the accounts of the undersigned may be pledged, repledged, hypothecated or rehypothecated by Pershing from time to time, without notice to the undersigned, either separately or in common with other such securities, commodities, and other property for any amount due in the accounts of the undersigned, or for any greater amount, and Pershing may do so without retaining into its possession or control for delivery, a like amount of similar securities, commodities, or other property.
Appears in 16 contracts
Samples: Brokerage Account Agreement, Margin Agreement, Account Application and Agreement
Pledge of Securities. All securities, commodities, and other property now or hereafter held, carried, or maintained by Pershing in its possession in any of the accounts of the undersigned Customer may be pledged, repledged, hypothecated or rehypothecated pledged and repledged by Pershing from time to time, without notice to the undersignedCustomer, either separately or in common with other such securities, commodities, and other property for any amount due in the accounts of the undersignedCustomer, or for any greater amount, and Pershing may do so without retaining into its possession or control for delivery, a like amount of similar securities, commodities, or other property.
Appears in 5 contracts
Samples: Customer Agreement, Customer Agreement, Customer Agreement