USE OF MONIES. Customer hereby also grants to QFS the right to pledge, re- pledge, hypothecate, invest or loan, either separately or with the property of other customers, to itself or to others, any funds, securities, currencies, and foreign currency or off-exchange options transactions of Customer held by QFS as margin or security. QFS shall at no time be required to deliver to Customer the identical property delivered to or purchased by QFS for any Account of Customer.
USE OF MONIES. Customer hereby also grants to 10TradeFX the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other customers, to itself or to others, any funds, securities, currencies, and foreign currency or off-exchange options transactions of Customer held by 10TradeFX as margin or security. 10TradeFX shall at no time be required to deliver to Customer the identical property delivered to or purchased by 10TradeFX for any Account of Customer.
USE OF MONIES. Customer hereby also grants to MiltonPrime the right to pledge, re‐pledge, hypothecate, invest or loan, either separately or with the property of other customers, to itself or to others, any funds, securities, currencies, and foreign currency or off‐exchange options transactions of Customer held by MiltonPrime as margin or security. MiltonPrime shall at no time be required to deliver to Customer the identical property delivered to or purchased by MiltonPrime for any Account of Customer.
USE OF MONIES. Customer hereby also grants to Evalanch Ltd the right to pledge, re-pledge, hypothecate, invest, or loan, either separately or with the property of other customers, to itself or to others, any funds, securities, currencies, and foreign currency or off-exchange options transactions of Customer held by Evalanch Ltd as margin or security. Evalanch Ltd shall at no time be required to deliver to Customer the identical property delivered to or purchased by Evalanch Ltd for any Account of Customer.
USE OF MONIES. Customer hereby also grants to The Company the right to pledge, re-pledge, hypothecate, invest, or loan, either separately or with the property of other customers, to itself or to others, any funds, securities, currencies, and foreign currency or off-exchange options transactions of Customer held by The Company as margin or security. The Company shall at no time be required to deliver to Customer the identical property delivered to or purchased by The Company for any Account of Customer.
USE OF MONIES. CUSTOMER HEREBY ALSO GRANTS TO LOGIPIP THE RIGHT TO PLEDGE, REPLEDGE, HYPOTHECATE, INVEST OR LOAN, EITHER SEPARATELY OR WITH THE PROPERTY OF OTHER CUSTOMERS, TO ITSELF OR TO OTHERS, ANY FUNDS, SECURITIES, CURRENCIES, AND FOREIGN CURRENCY OR OFF EXCHANGE TRANSACTIONS OF CUSTOMER HELD BY LOGIPIP AS MARGIN OR SECURITY. LOGIPIP SHALL AT NO TIME BE REQUIRED TO DELIVER TO CUSTOMER THE IDENTICAL PROPERTY DELIVERED TO OR PURCHASED BY LOGIPIP FOR ANY ACCOUNT OF CUSTOMER.
USE OF MONIES. Customer hereby also grants to Fair Forex the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other customers, to itself or to others, any funds, securities, currencies, and foreign currency or off-exchange transactions of Customer held by Fair Forex as margin or security. Fair Forex shall at no time be required to deliver to Customer the identical property delivered to or purchased by Fair Forex for any Account of Customer.
USE OF MONIES. The Borrower shall use the monies available to it under this Note for the purposes of replacing certain funds that were used by the Borrower to acquire the Mortgaged Premises and to finance the construction of the improvements on the Mortgaged Premises. The Borrower hereby covenants and agrees that it shall not use any proceeds of the Loan, in whole or in part, for the purpose of purchasing or carrying “margin stock”, as such term is defined in Regulation U of the Federal Reserve Board.
USE OF MONIES. The Trustee shall make payments from the Project Fund to pay the Cost of the Project upon receipt from the Company by the Trustee of an original executed requisition certificate in the form of EXHIBIT E attached to the Loan Agreement (upon which both the Issuer and the Trustee may rely conclusively and shall be protected in relying as set forth in the Indenture) signed by an Authorized Company Representative, and approved by the Purchaser stating with respect to each payment to be made: (1) the requisition number, (2) the name of the Person to whom payment is due or, in the event such payment is to reimburse the Issuer or the Company, the name of the Person to whom payment previously has been made (or, in the case of payments to the Bond Fund, instructions to make such payments to the Bond Fund), (3) the amount to be paid, (4) that there has been no "Event of Default" under Section 7.1 of the Loan Agreement by the Company under the Loan Agreement, and (5) that each obligation, item of cost or expense mentioned therein has been properly incurred, is a proper charge against the Project Fund and has not been the basis of any previous withdrawal. Upon request by the Trustee, copies of all invoices or statements from a contractor, vendor or other payee supporting each requisition for payment from the Project Fund and clearly identifying the property or service comprising the Cost of the Project to be paid or reimbursed shall be made available to the Trustee for review. The Company has agreed in the Loan Agreement to deliver a copy of each such requisition to the Purchaser. All amounts on deposit in the Project Fund shall be expended for costs of the Project within three (3) years of the date of delivery of the Bonds. If any contract provides for retention by the Company of a portion of the contract price, there shall be paid from the Project Fund only the net amount remaining after deduction of such portion, until such retainage becomes due in accordance with the terms of the contract.
USE OF MONIES. Customer hereby also grants to [TDM] the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other customers, to itself or to others, any funds, securities, currencies, and foreign currency or off exchange transactions of Customer held by [TDM] as margin or security. [TDM] shall at no time be required to deliver to Customer the identical property delivered to or purchased by [TDM] for any Account of Customer.
