Common use of Security and Set Off Clause in Contracts

Security and Set Off. 9.11.1) Without prejudice to any other right that the Bank may be entitled to exercise over the Customer’s Investments the Customer agrees that the Bank may retain, transfer or sell any of the Customer’s Investments as far as is necessary to enable the Bank to settle any transactions entered into on the Customer’s behalf under this Part B (9) and to pay any of the Customer’s outstanding liabilities under or in connection with this Part B (9), including any liability to the Bank.

Security and Set Off. 9.11.111.1) Without prejudice to any other right that the Bank may be entitled to exercise over the Customer’s Investments the Customer agrees that the Bank may retain, transfer or sell any of the Customer’s Investments as far as is necessary to enable the Bank to settle any transactions entered into on the Customer’s behalf under this Part B (9) B10 and to pay any of the Customer’s outstanding liabilities under or in connection with this Part B (9)B10, including any liability to the Bank.