Common use of SET-OFF AND LIEN Clause in Contracts

SET-OFF AND LIEN. 8.1 For so long as you owe monies or obligations (of any nature and however arising) to us, you may not withdraw your Assets from your Account without our consent. We may at any time withhold any Assets pending full settlement of all such monies or obligations owed by you. 8.2 All your Assets in your Account shall be subject to a continuing first fixed change and general lien for the discharge of all obligations due from you to us. We have the power to sell any Assets in or towards settlement of your obligations to us. 8.3 All documents of title and other documents relating to the Assets shall be deposited or transferred by you to us or otherwise placed at our order or at our disposal or under our control. 8.4 You warrant and undertake that none of the Assets held in your Account are or shall be subject to any lien or charge in favour of any other person. 8.5 Without prejudice to any right of set-off or general lien or other rights to which we may be entitled, we may set-off from any Assets held in your Account (including any of your monies held in a trust account) against and in whole or partial payment of any sum or liability owed by you to us. 8.6 You authorise us to do anything in your name which is necessary for us to be able to do any of the foregoing. 8.7 Our rights under this Agreement are in addition to any other rights we have at law or under any other agreement, and shall not prejudice any other rights or security that we may have. If you owe money or don’t do something you are required to do under the Agreement, you may not withdraw your Assets from your Account without our permission. We may at any time prevent you from using your Assets until you have fully settled all the monies owed by you or do what you are required to do under the Agreement. We have control of your Assets in your Account by way of a continuing first fixed charge and general lien. The effect of the continuing fixed charge and general lien is such that if you do not do what you are required to do under the Agreement, we will have the power to sell any Assets in your Account to compensate for the failure of your performance of your obligation under the Agreement owed to us. 9. RELATED DEALINGS 9.1 All Transactions that you carry out with us and/or Services we provide to you shall be interrelated. We are therefore entitled to withhold performance of or not to perform our obligations should you fail to fulfil any one of the obligations incumbent upon you. All your Transactions and Services we provide to you are connected and related. If you don’t fulfil your obligations for any of them, we have the right not to carry on activities for your other Transactions and Services. 10. NO JOINT ACCOUNTS Currently, we only offer individual Accounts (i.e. we do not offer joint accounts). In the event of your death, we will recognise your executor or

Appears in 2 contracts

Samples: Opening Agreement, Opening Agreement

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SET-OFF AND LIEN. 8.1 For so long as you owe monies or obligations (of any nature and however arising) to us, you may not withdraw your Assets from your Account without our consent. We may at any time withhold any Assets pending full settlement of all such monies or obligations owed by you. 8.2 All your Assets in your Private Fund and Account shall be subject to a continuing first fixed change and general lien for the discharge of all obligations due from you to us. We have the power to sell any Assets in or towards settlement of your obligations to us. 8.3 All documents of title and other documents relating to the Assets shall be deposited or transferred by you to us or otherwise placed at our order or at our disposal or under our control. 8.4 You warrant and undertake that none of the Assets held in your Private Fund and Account are or nor shall be subject to any lien or charge in favour of any other person. 8.5 Without prejudice to any right of set-off or general lien or other rights to which we may be entitled, we may set-off from any Assets held in your Private Fund and Account (including any of your monies held in a trust an omnibus account) against and in whole or partial payment of any sum or liability owed by you to us. 8.6 You authorise us to do anything in your name which is necessary for us to be able to do any of the foregoing. 8.7 Our rights under this Agreement are in addition to any other rights we have at law or under any other agreement, and shall not prejudice any other rights or security that we may have. If you owe money monies or don’t do something not do anything you are required to do under the Agreement, you may not withdraw your Assets from your Account without our permission. We may at any time prevent you from using your Assets until you have fully settled all the monies owed by you or do what you are required to do under the Agreement. We have control of your Assets in your Account by way of a continuing first fixed charge and general lien. The effect of the continuing fixed charge and general lien is such that if If you do not do what you are required to do under the Agreement, we will have the power to sell any Assets in your Account to compensate for the failure of your performance of your obligation under the Agreement owed to us. 9. RELATED DEALINGS 9.1 All Transactions that you carry out with us and/or Services we provide to you shall be interrelated. We are therefore entitled to withhold performance of or not to perform our obligations should you fail to fulfil any one of the obligations incumbent upon you. All your Transactions and Services we provide to you are connected and related. If you don’t fulfil your obligations for any of them, we have the right not to carry on activities for your other Transactions and Services. 10. NO JOINT ACCOUNTS Currently, we only offer individual Accounts (i.e. we do not offer joint accounts). In the event of your death, we will recognise your executor or.

Appears in 2 contracts

Samples: Account Opening Agreement, Account Opening Agreement

SET-OFF AND LIEN. 8.1 For so long as you owe monies or obligations (of any nature and however arising) to us, you may not withdraw your Assets from your Account without our consent. We may at any time withhold any Assets pending full settlement of all such monies or obligations owed by you. 8.2 All your Assets in your Account shall be subject to a continuing first fixed change and general lien for the discharge of all obligations due from you to us. We have the power to sell any Assets in or towards settlement of your obligations to us. 8.3 All documents of title and other documents relating to the Assets shall be deposited or transferred by you to us or otherwise placed at our order or at our disposal or under our control. 8.4 You warrant and undertake that none of the Assets held in your Account are or shall be subject to any lien or charge in favour of any other person. 8.5 Without prejudice to any right of set-off or general lien or other rights to which we may be entitled, we may set-off from any Assets held in your Account (including any of your monies held in a trust account) against and in whole or partial payment of any sum or liability owed by you to us. 8.6 You authorise us to do anything in your name which is necessary for us to be able to do any of the foregoing. 8.7 Our rights under this Agreement are in addition to any other rights we have at law or under any other agreement, and shall not prejudice any other rights or security that we may have. If you owe money or don’t do something you are required to do under the Agreement, you may not withdraw your Assets from your Account without our permission. We may at any time prevent you from using your Assets until you have fully settled all the monies owed by you or do what you are required to do under the Agreement. We have control of your Assets in your Account by way of a continuing first fixed charge and general lien. The effect of the continuing fixed charge and general lien is such that if you do not do what you are required to do under the Agreement, we will have the power to sell any Assets in your Account to compensate for the failure of your performance of your obligation under the Agreement owed to us. 9. RELATED DEALINGS 9.1 All Transactions that you carry out with us and/or Services we provide to you shall be interrelated. We are therefore entitled to withhold performance of or not to perform our obligations should you fail to fulfil any one of the obligations incumbent upon you. All your Transactions and Services we provide to you are connected and related. If you don’t fulfil your obligations for any of them, we have the right not to carry on activities for your other Transactions and Services. 10. NO JOINT ACCOUNTS Currently, we only offer individual Accounts (i.e. we do not offer joint accounts). In the event of your death, we will recognise your executor or.

Appears in 1 contract

Samples: Opening Agreement

SET-OFF AND LIEN. 8.1 For so long as you owe monies or obligations (of any nature and however arising) to us, you may not withdraw your Assets from your Account without our consent. We may at any time withhold any Assets pending full settlement of all such monies or obligations owed by you. 8.2 All your Assets in your Account shall be subject to a continuing first fixed change and general lien for the discharge of all obligations due from you to us. We have the power to sell any Assets in or towards settlement of your obligations to us. 8.3 All documents of title and other documents relating to the Assets shall be deposited or transferred by you to us or otherwise placed at our order or at our disposal or under our control. 8.4 You warrant and undertake that none of the Assets held in your Account are or shall be subject to any lien or charge in favour of any other person. 8.5 Without prejudice to any right of set-off or general lien or other rights to which we may be entitled, we may set-off from any Assets held in your Account (including any of your monies held in a trust account) against and in whole or partial payment of any sum or liability owed by you to us. 8.6 You authorise us to do anything in your name which is necessary for us to be able to do any of the foregoing. 8.7 Our rights under this Agreement are in addition to any other rights we have at law or under any other agreement, and shall not prejudice any other rights or security that we may have. If you owe money monies or don’t do something not do anything you are required to do under the Agreement, you may not withdraw your Assets from your Account without our permission. We may at any time prevent you from using your Assets until you have fully settled all the monies owed by you or do what you are required to do under the Agreement. We have control of your Assets in your Account by way of a continuing first fixed charge and general lien. The effect of the continuing fixed charge and general lien is such that if you do not do what you are required to do under the Agreement, we will have the power to sell any Assets in your Account to compensate for the failure of your performance of your obligation under the Agreement owed to us. 9Jika anda berhutang wang atau tidak melakukan apa-apa perkara yang perlu anda lakukan di bawah Perjanjian, anda tidak boleh mengeluarkan Aset anda daripada Akaun anda tanpa kebenaran kami. RELATED DEALINGS 9.1 All Transactions Kami boleh pada bila-bila masa menghalang anda daripada menggunakan security that you carry out with us and/or Services we provide to you shall be interrelatedmay have.‌‌ Aset anda sehingga anda telah menjelaskan dengan sepenuhnya semua wang yang terhutang oleh anda atau melakukan perkara yang perlu anda lakukan di bawah Perjanjian. We are therefore entitled to withhold performance of or not to perform our obligations should you fail to fulfil any one of the obligations incumbent upon youKami mempunyai kawalan terhadap Aset anda dalam Akaun anda melalui gadaian tetap pertama xxx xxxx am xxxx berterusan. All your Transactions and Services we provide to you are connected and related. If you don’t fulfil your obligations for any of themKesan gadaian tetap pertama xxx xxxx am yang berterusan ini adalah bahawa jika anda tidak melakukan perkara yang perlu anda lakukan di bawah Perjanjian, we have the right not to carry on activities for your other Transactions and Services. 10. NO JOINT ACCOUNTS Currently, we only offer individual Accounts (i.e. we do not offer joint accounts). In the event of your death, we will recognise your executor orkami mempunyai kuasa untuk menjual sebarang Aset dalam Akaun anda untuk memberi pampasan bagi kegagalan anda untuk melaksanakan kewajipan anda di bawah Perjanjian kepada kami.

Appears in 1 contract

Samples: Opening Agreement

SET-OFF AND LIEN. 8.1 For so long as you owe monies or obligations (of any nature and however arising) to us, you may not withdraw your Assets from your Account without our consent. We may at any time withhold any Assets pending full settlement of all such monies or obligations owed by you. 8.2 All your Assets in your Account shall be subject to a continuing first fixed change and general lien for the discharge of all obligations due from you to us. We have the power to sell any Assets in or towards settlement of your obligations to us. 8.3 All documents of title and other documents relating to the Assets shall be deposited or transferred by you to us or otherwise placed at our order or at our disposal or under our control. 8.4 You warrant and undertake that none of the Assets held in your Account are or shall be subject to any lien or charge in favour of any other person. 8.5 Without prejudice to any right of set-off or general lien or other rights to which we may be entitled, we may set-off from any Assets held in your Account (including any of your monies held in a trust account) against and in whole or partial payment of any sum or liability owed by you to us. 8.6 You authorise us to do anything in your name which is necessary for us to be able to do any of the foregoing. 8.7 Our rights under this Agreement are in addition to any other rights we have at law or under any other agreement, and shall not prejudice any other rights or security that we may have. If you owe money monies or don’t do something not do anything you are required to do under the Agreement, you may not withdraw your Assets from your Account without our permission. We may at any time prevent you from using your Assets until you have fully settled all the monies owed by you or do what you are required to do under the Agreement. We have control of your Assets in your Account by way of a continuing first fixed charge and general lien. The effect of the continuing fixed charge and general lien is such that if you do not do what you are required to do under the Agreement, we will have the power to sell any Assets in your Account to compensate for the failure of your performance of your obligation under the Agreement owed to us. 9. RELATED DEALINGS 9.1 All Transactions that you carry out with us and/or Services we provide to you shall be interrelated. We are therefore entitled to withhold performance of or not to perform our obligations should you fail to fulfil any one of the obligations incumbent upon you. All your Transactions and Services we provide to you are connected and related. If you don’t fulfil your obligations for any of them, we have the right not to carry on activities for your other Transactions and Services. 10. NO JOINT ACCOUNTS Currently, we only offer individual Accounts (i.e. we do not offer joint accounts). In the event of your death, we will recognise your executor or.

Appears in 1 contract

Samples: Opening Agreement

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SET-OFF AND LIEN. 8.1 For so long as you owe monies or obligations (of any nature and however arising) to us, you may not withdraw your Assets from your Account without our consent. We may at any time withhold any Assets pending full settlement of all such monies or obligations owed by you. 8.2 All your Assets in your Account shall be subject to a continuing first fixed change and general lien for the discharge of all obligations due from you to us. We have the power to sell any Assets in or towards settlement of your obligations to us. 8.3 All documents of title and other documents relating to the Assets shall be deposited or transferred by you to us or otherwise placed at our order or at our disposal or under our control. 8.4 You warrant and undertake that none of the Assets held in your Account are or shall be subject to any lien or charge in favour of any other person. 8.5 Without prejudice to any right of set-off or general lien or other rights to which we may be entitled, we may set-off from any Assets held in your Account (including any of your monies held in a trust account) against and in whole or partial payment of any sum or liability owed by you to us. 8.6 You authorise us to do anything in your name which is necessary for us to be able to do any of the foregoing. 8.7 Our rights under this Agreement are in addition to any other rights we have at law or under any other agreement, and shall not prejudice any other rights or security that we may have. If you owe money or don’t do something you are required to do under the Agreement, you may not withdraw your Assets from your Account without our permission. We may at any time prevent you from using your Assets until you have fully settled all the monies owed by you or do what you are required to do under the Agreement. We have control of your Assets in your Account by way of a continuing first fixed charge and general lien. The effect of the continuing fixed charge and general lien is such that if you do not do what you are required to do under the Agreement, we will have the power to sell any Assets in your Account to compensate for the failure of your performance of your obligation under the Agreement owed to us. 9. RELATED DEALINGS DEALINGS‌ 9.1 All Transactions that you carry out with us and/or Services we provide to you shall be interrelated. We are therefore entitled to withhold performance of or not to perform our obligations should you fail to fulfil any one of the obligations incumbent upon you. All your Transactions and Services we provide to you are connected and related. If you don’t fulfil your obligations for any of them, we have the right not to carry on activities for your other Transactions and Services. 10. NO JOINT ACCOUNTS ACCOUNTS‌ Currently, we only offer individual Accounts (i.e. we do not offer joint accounts). In the event of your death, we will recognise your executor or

Appears in 1 contract

Samples: Opening Agreement

SET-OFF AND LIEN. 8.1 For so long as you owe monies or obligations (of any nature and however arising) to us, you may not withdraw your Assets from your Account without our consent. We may at any time withhold any Assets pending full settlement of all such monies or obligations owed by you. 8.2 All your Assets in your Private Fund and Account shall be subject to a continuing first fixed change and general lien for the discharge of all obligations due from you to us. We have the power to sell any Assets in or towards settlement of your obligations to us. 8.3 All documents of title and other documents relating to the Assets shall be deposited or transferred by you to us or otherwise placed at our order or at our disposal or under our control. 8.4 You warrant and undertake that none of the Assets held in your Private Fund and Account are or nor shall be subject to any lien or charge in favour of any other person. 8.5 Without prejudice to any right of set-off or general lien or other rights to which we may be entitled, we may set-off from any Assets held in your Private Fund and Account (including any of your monies held in a trust an omnibus account) against and in whole or partial payment of any sum or liability owed by you to us. 8.6 You authorise us to do anything in your name which is necessary for us to be able to do any of the foregoing. 8.7 Our rights under this Agreement are in addition to any other rights we have at law or under any other agreement, and shall not prejudice any other rights or security that we may have. If you owe money monies or don’t do something not do anything you are required to do under the Agreement, you may not withdraw your Assets from your Account without our permission. We may at any time prevent you from using your Assets until you have fully settled all the monies owed by you or do what you are required to do under the Agreement. We have control of your Assets in your Account by way of a continuing first fixed charge and general lien. The effect of the continuing fixed charge and general lien is such that if If you do not do what you are required to do under the Agreement, we will have the power to sell any Assets in your Account to compensate for the failure of your performance of your obligation under the Agreement owed to us. 9. RELATED DEALINGS 9.1 All Transactions that you carry out with us and/or Services we provide to you shall be interrelated. We are therefore entitled to withhold performance of or not to perform our obligations should you fail to fulfil any one of the obligations incumbent upon you. All your Transactions and Services we provide to you are connected and related. If you don’t fulfil your obligations for any of them, we have the right not to carry on activities for your other Transactions and Services. 10. NO JOINT ACCOUNTS Currently, we only offer individual Accounts (i.e. we do not offer joint accounts). In the event of your death, we will recognise your executor or.

Appears in 1 contract

Samples: Account Opening Agreement

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