Common use of Protection of Your Position Clause in Contracts

Protection of Your Position. In case of any insolvency, death or attachment of any property, we may, regarding any open positions, take such steps as we consider necessary to protect ourselves against loss. Whenever we consider it necessary for our protection to sell any securities in our possession or to buy any securities of which your account may be short, or to buy or sell short Options for your account and your risk, such sale or purchase may be made in our sole discretion without advertising the same and without prior notice, demand, tender or call to you.

Appears in 3 contracts

Samples: Account and Services Agreements, Account and Services Agreements, Account and Services Agreements

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Protection of Your Position. In case of any insolvency, death or attachment of any property, we may, regarding with respect to any open positions, take such steps as we consider necessary to protect ourselves against loss. Whenever we consider it necessary for our protection to sell any securities in our possession or to buy any securities of which your account may be short, or to buy or sell short Options for your account and your risk, such sale or purchase may be made in our sole discretion without advertising the same and without prior notice, demand, tender or call to you.

Appears in 3 contracts

Samples: Account and Service Agreements, Account and Services Agreements, Account and Services Agreements

Protection of Your Position. In case of any insolvency, death or attachment of any property, we may, regarding with respect to any open positions, take such steps as we consider necessary to protect ourselves against loss. Whenever we consider it necessary for our protection to sell any securities Securities in our possession or to buy in any securities Securities of which your account Account may be short, or to buy or sell short Options for your account Account and your risk, such sale or purchase may be made in our sole discretion without advertising the same and without prior notice, demand, tender or call to you.

Appears in 1 contract

Samples: Client Account Agreement

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Protection of Your Position. In case of any insolvency, death or attachment of any property, we may, regarding any open positions, take such steps as we consider necessary to protect ourselves against lossloss . Whenever we consider it necessary for our protection to sell any securities in our possession or to buy any securities of which your account may be short, or to buy or sell short Options for your account and your risk, such sale or purchase may be made in our sole discretion without advertising the same and without prior notice, demand, tender or call to youyou .

Appears in 1 contract

Samples: Account and Services Agreements

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