Common use of Security for Indebtedness Clause in Contracts

Security for Indebtedness. All monies, securities, and other property which Xxxxxx Xxxxxxx & Co., Inc. may hold, carry or maintain for any account in which you have an interest, now or in the future, are subject to a lien for the discharge of all your indebtedness and liability to Xxxxxx Xxxxxxx & Co., Inc. Xxxxxx Xxxxxxx & Co., Inc. reserves the right to transfer all or any part of such monies, securities, and other property from any one of your accounts to any other of your accounts, should Xxxxxx Xxxxxxx & Co., Inc. deem such action necessary for its protection.

Security for Indebtedness. All monies, securities, and other property which Xxxxxx Xxxxxxx & Co., Inc. LLC. may hold, carry or maintain for any account in which you have an interest, now or in the future, are subject to a lien for the discharge of all your indebtedness and liability to Xxxxxx Xxxxxxx & Co., Inc. LLC. Xxxxxx Xxxxxxx & Co., Inc. LLC reserves the right to transfer all or any part of such monies, securities, and other property from any one of your accounts to any other of your accounts, should Xxxxxx Xxxxxxx & Co., Inc. LLC. deem such action necessary for its protection.