Unsecured Debits or Unsecured Short Positions. Pershing shall charge against the accounts of Broker an amount equal to the value of any unsecured debit or short position (on a "xxxx to market" basis) in a customer account if that position has not been promptly resolved by payment or delivery. Any remaining debit may be charged against Broker pursuant to Paragraph 20 of this Agreement.
Unsecured Debits or Unsecured Short Positions. Apex may charge against the accounts of Correspondent an amount equal to the value of any unsecured debit or short position (on a “mark to market” basis) if that position has not been promptly resolved by payment or delivery.
Unsecured Debits or Unsecured Short Positions. Pursuant to Section 19 of this Agreement, Clearing Agent shall charge against the Deposit Accounts of Introducing Firm an amount equal to the value of any unsecured debit or short position (on a “xxxx to market” basis) in a customer account if that position has not been promptly resolved by payment or delivery.
Unsecured Debits or Unsecured Short Positions. First Clearing shall charge against the accounts of Broker an amount equal to the value of any unsecured debit or short position (on a “xxxx to market” basis) in a customer account (whether such unsecured or partially secured debit is in a cash or margin account) if that position has not been promptly resolved by payment or delivery. Any remaining debit may be charged against Broker pursuant to Paragraph 19 of this Agreement.
