SET OFF, TRANSFER OR FUNDS AND LIEN Sample Clauses

SET OFF, TRANSFER OR FUNDS AND LIEN. 9.1 Notwithstanding anything contained in this Agreement or in any other agreement between CES Capital (HK) or any Affiliate of CES Capital (HK) and Client or any Client Group Company, Client irrevocably directs CES Capital (HK) to set-off and withhold from and apply (subject to applicable laws and regulations) all of Client’s interest in any funds, Futures Contract and/or Options Contract and property (held by Client individually or jointly with others) held by CES Capital (HK) or any Affiliate of CES Capital (HK) at any time for any purpose, including (without limitation) safe-keeping, for full or partial discharge of all of Client’s obligations and liabilities to CES Capital (HK) in respect of the Account or in respect of Margin or additional Margin or commissions or expenses in accordance with the terms of Clause 8 or otherwise whatsoever or howsoever in accordance with the terms of this Agreement, and CES Capital (HK) may without notice combine and/or consolidate all or any of the accounts (of any nature whatsoever including accounts of other clients guaranteed by the Client and whether in single or joint names) comprised in the Accounts and set off or transfer any money or other property interchangeably between any of the Accounts in such manner as CES Capital (HK) may in its absolute discretion determine. CES Capital (HK) and any Affiliate of CES Capital (HK) (if applicable) are authorized to do all things as necessary in connection with any such disposal without any liability for any resulting or associated loss or expense. Without prejudice to the foregoing, Client shall not make any claim against CES Capital (HK) and/or such relevant Affiliate of CES Capital (HK) (if applicable) concerning the manner or timing of such disposal.
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Related to SET OFF, TRANSFER OR FUNDS AND LIEN

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  • Effect of Transfer Within Escrow After the transfer of escrow securities within escrow, the escrow securities will remain in escrow and released from escrow under this Agreement as if no transfer has occurred on the same terms that applied before the transfer. The Escrow Agent will not deliver any share certificates or other evidence of the escrow securities to transferees under this Part 5.

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