Charge. 3.1 The Customer, as beneficial owner, charges in favour of the Company by way of first fixed charge all the Customer’s respective rights, title, benefits and interests in and to all Collateral as a continuing security (“Charge”) for the payment and satisfaction on demand of all monies and liabilities (absolute or contingent) and performance of all obligations under the Margin Facility Terms which are now or at any time hereafter may be due, owing or incurred from or by the Customer to the Company or its Associates, or for which the Customer may be or become liable to the Company or its Associates on any account or in any manner whatsoever (whether alone or jointly with any other person and in whatever name style or firm) together with interest from the date of demand to the date of repayment, and any commission, legal and other costs, charges and expenses as they appear in the records of the Company or its Associates.
3.2 The Charge shall be a continuing security notwithstanding any intermediate payment or settlement of account or satisfaction of the whole or any part of any sum owing by the Customer to the Company and/or its Associates and notwithstanding the closing of any of the Customer’s accounts with the Company and which are subsequently reopened or the subsequent opening of any account by the Customer either alone or jointly with others and shall extend to cover all or any sum of monies which shall for the time being constitute the balance due from the Customer to the Company or its Associates on any account or otherwise.
3.3 The Customer represents and warrants that the Collateral is legally and beneficially owned by the Customer, that the Customer is entitled to deposit the Collateral with the Company or its Associates, that the same is and will remain free from any lien, charge or encumbrance of any kind, and any stocks, shares and other securities comprised in the Collateral are and will be fully paid up.
3.4 Upon irrevocable payment in full of all sums which may be or become payable under the Cash Client Agreement and the full performance of the Customer’s obligations under the Margin Facility Terms, the Company will at the Customer’s request and expense release to the Customer all the rights, title and interests of the Company in the Collateral and will give such Instructions and directions as the Customer may require in order to perfect such release.
3.5 Until the Charge becomes enforceable,
(i) the Company will have the right, subject only...
Charge. 22.5.1 The Client, as beneficial owner, charges in favor of the Company by way of first fixed charge all the Client’s respective rights, title, benefits and interests in and to all Collaterals as a continuing security (“Charge”) for the payment and satisfaction on demand of the Company of all monies and liabilities (actual or contingent) and performance of any obligation arising under the Margin Facility Terms which are now or at any time hereafter may be due, owing or incurred from or by the Client to the Company or its Group Companies, or for which the Client may be or become liable to the Company or its Group Companies on any Account or in any manner whatsoever (whether alone or jointly with any other person and in whatever name style or firm) together with interest on the amounts due from the date of demand to the date of repayment in full, and any commission and such other cost (legal or otherwise, if legal on a full indemnity basis), charge and expense as they appear in the records of the Company or its Group Companies; which Charge shall be exercisable/enforceable by the Company forthwith and without notice upon the happening of an Event of Default.
22.5.2 The Charge shall be a continuing security notwithstanding any partial payment or settlement of account or satisfaction of any part of any sum owing by the Client to the Company and/or its Group Companies and notwithstanding the closing of any of the Client’s accounts with the Company and which are subsequently reopened or the subsequent opening of any Account by the Client either alone or jointly with others and shall extend to cover all or any sum of monies which shall for the time being constitute the balance due from the Client to the Company or its Group Companies on any Account or otherwise.
22.5.3 The Client represents and warrants that the Collateral is legally and beneficially owned by the Client, that the Client is not restrained by any means to deposit the Collateral with the Company or its Group Companies, that the same is and will remain free from any lien, charge or encumbrance of any kind, and any stock, share and other securities comprised in the Collateral are fully paid up.
22.5.4 Upon payment in full of all sums which may be or become payable under the General Terms and Conditions and/or the full performance of the Client’s obligations under the Margin Facility Terms, the Company will at the Client’s request and expense release to the Client all the rights, titles and interests o...
Charge. 3.1 You will charge to us all securities purchased by us for your margin account as continuing security for the payment of all amounts owing by you to us (whether or not in connection with your margin account). The charge will extend to all dividends, interest, distributions, allotments, offers, benefits, entitlements, securities and rights accruing, paid, made, offered or arising in respect of, and the proceeds of sale of, the securities.
3.2 You will within the time required by us do all things which we reasonably require to perfect our security interests. You will (where applicable) deposit with us all share and other certificates, and duly signed and stamped instruments of transfer and sold notes, in respect of the charged securities. They will be held at your sole risk and reasonable expense. They may be held by our nominees or agents in or outside Hong Kong. We may at any time register any charged securities in the name of our nominees, and deposit any charged securities in any clearing system, without notice and at your reasonable cost and risk.
3.3 We will not be liable for any failure to collect any amount payable on the charged securities, to pay any call or instalment, or to take any action in respect of them, or for any loss in connection with them.
3.4 On release of any securities, we will discharge our liabilities to you by transferring to an account nominated by you or by making available for your collection securities (or certificates, instrument of transfer and sold note) of the same class and denomination (subject to any capital reorganisation which may have occurred).
Charge. The Client, as beneficial owner, charges in favour of WLSL by way of first fixed charge all the Client’s respective rights, title, benefits and interests in and to all Collateral as a continuing security (“Charge”) for the payment and satisfaction on demand of all monies and liabilities absolute or contingent and performance of all obligations under the Margin Facility Terms which are now or at any time hereafter may be due, owing or incurred from or by the Client to WLSL, or for which the Client may be or become liable to WLSL on any account or in any manner whatsoever (whether alone or jointly with any other person and in whatever name style or form) together with interest from the date of demand to the date of repayment, and any commission, legal and other costs, charges and expenses as they appear in the records of WLSL.
Charge. 1 21 20 B 0RTR R/K R 2 O4
Charge. R B RN B +R B - 0