Common use of Security for Indebtedness Clause in Contracts

Security for Indebtedness. In your Customer Agreement with Xxxxxx Xxxxxxx & Co., Inc. you xxxxx x xxxx on all securities and other property held in any Xxxxxx Xxxxxxx & Co., Inc. account in which you have an interest, now or in the future, for the discharge of all your debts and other obligations owing to Xxxxxx Xxxxxxx & Co., Inc. This lien also secures any debit balance in your margin or short account, and extends to securities and other property that may not be acceptable as margin collateral under Xxxxxx Xxxxxxx & Co., Inc. rules or Federal Reserve Board regulations. together with the property of others, in an amount equal to the balance you owe to Xxxxxx Xxxxxxx & Co., Inc., or for a greater amount. Xxxxxx Xxxxxxx & Co., Inc. may do so without retaining in its possession or under its control for delivery a like amount of securities or other property.

Security for Indebtedness. In your Customer Agreement with Xxxxxx Xxxxxxx & Co., Inc. LLC. you xxxxx x xxxx on all securities and other property held in any Xxxxxx Xxxxxxx & Co., Inc. LLC. account in which you have an interest, now or in the future, for the discharge of all your debts and other obligations owing to Xxxxxx Xxxxxxx & Co., Inc. LLC. This lien also secures any debit balance in your margin or short account, and extends to securities and other property that may not be acceptable as margin collateral under Xxxxxx Xxxxxxx & Co., Inc. LLC. rules or Federal Reserve Board regulations. together with the property of others, in an amount equal to the balance you owe to Xxxxxx Xxxxxxx & Co., Inc.LLC.., or for a greater amount. Xxxxxx Xxxxxxx & Co., Inc. LLC. may do so without retaining in its possession or under its control for delivery a like amount of securities or other property.