Common use of Security and Set Off Clause in Contracts

Security and Set Off. 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 B10 and to pay any of the Customer’s outstanding liabilities under or in connection with this Part B10, including any liability to the Bank. 11.2) The Customer’s Investments shall be subject to a general lien in the Bank’s favour to the extent that any costs, losses, claims or other amounts that the Customer is obliged to pay the Bank under this Customer Agreement or in respect of which the Customer is obliged to indemnify the Bank remain unpaid. 11.3) The Customer agrees that the Customer’s Investments may be subject to a lien in favour of any sub-custodian, nominee or agent appointed by the Bank in accordance with this agreement in respect of charges relating to the administration and safekeeping of such Investments or of any depositary or settlement system.

Security and Set Off. 11.19.11.1) 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 B10 B (9) and to pay any of the Customer’s outstanding liabilities under or in connection with this Part B10B (9), including any liability to the Bank. 11.29.11.2) The Customer’s Investments shall be subject to a general lien in the Bank’s favour favor to the extent that any costs, losses, claims or other amounts that the Customer is obliged to pay the Bank under this Customer Agreement or in respect of which the Customer is obliged to indemnify the Bank remain unpaid. 11.39.11.3) The Customer agrees that the Customer’s Investments may be are subject to a lien in favour favor of any sub-custodian, nominee or agent appointed by the Bank in accordance with this agreement in respect of charges relating to the administration and safekeeping of such Investments or of any depositary or settlement system.

Security and Set Off. 11.19.11.1) 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 B10 B (9) and to pay any of the Customer’s outstanding liabilities under or in connection with this Part B10B (9), including any liability to the Bank. 11.29.11.2) The Customer’s Investments shall be subject to a general lien in the Bank’s favour favor to the extent that any costs, losses, claims or other amounts that the Customer is obliged to pay the Bank under this Customer Agreement or in respect of which the Customer is obliged to indemnify the Bank remain unpaid. 11.39.11.3) The Customer agrees that the Customer’s Investments may be are subject to a lien in favour favor of any sub-custodian, nominee or agent appointed by the Bank in accordance with this agreement agree- ment in respect of charges relating to the administration and safekeeping of such Investments or of any depositary or settlement system.