Common use of Scope and Transferability Clause in Contracts

Scope and Transferability. This agreement shall cover individually and collectively all accounts that the Customer may open or reopen with Pershing, and shall inure to the benefits of its successors and assigns, whether Pershing’s merger, consolidation, or otherwise, and Pershing may transfer the accounts of the Customer to its successors and assigns, and this agreement shall be binding upon the heirs, executors, administrators, successors, and assigns of the Customer.

Scope and Transferability. This agreement shall cover individually and collectively all accounts that the Customer you may open or reopen with Pershing, Pershing and shall inure to the benefits benefit of its our successors and assigns, whether Pershing’s by merger, consolidation, or otherwise, and assigns, and Pershing may transfer the your accounts of the Customer to its our successors and assigns, and this agreement Agreement shall be binding upon the your heirs, executors, administrators, successors, and assigns of the Customerassigns.