Termination of PB Terms. BNPP PB may terminate the PB Terms at any time for any reason by giving notice of termination to Customer. In the event of such termination, BNPP PB continues to have its rights under the SEC Letter to cease the clearance and settlement of any transactions for Customer executed but not settled prior to such notice of termination. The PB Terms shall terminate immediately upon the termination of the Account Agreement.
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Samples: u.s. Pb Agreement (FS Global Credit Opportunities Fund), u.s. Pb Agreement (Guggenheim Strategic Opportunities Fund), u.s. Pb Agreement (FS Multi-Alternative Income Fund)
Termination of PB Terms. BNPP PB PB, Inc. may terminate the PB Terms at any time for any reason by giving notice of termination to Customer. In the event of such termination, BNPP PB PB, Inc. continues to have its rights under the SEC Letter to cease the clearance and settlement of any transactions for Customer executed but not settled prior to such notice of termination. The PB Terms shall terminate immediately upon the termination of the Account Agreement.
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