Set-off, Lien and Combination of Accounts. 10.1 The Company shall be entitled and authorized to, subject to the provisions of the SFO and relevant rules made thereunder for itself or as agent for the Conrad Group, at any time or from time to time and without notice to the Client, notwithstanding any settlement of account or other matter whatsoever, combine or consolidate any or all of the Client’s accounts and/or his/its Affiliates' accounts (of whatever nature and whether held individually or jointly with others) maintained with the Company and the Conrad Group and set-off or transfer any money, securities or other property standing to the credit of any one or more of such accounts in or towards satisfaction of the indebtedness, obligations or liabilities of the Client and/or any of his/its Affiliates towards the Company and/or the Conrad Group on any other accounts in Hong Kong or overseas whether such indebtedness, obligations or liabilities be present or future, actual or contingent, primary or collateral, several or joint and secured or unsecured. Where such set-off, consolidation, combination or transfer requires the conversion of one currency into another, such conversion shall be calculated at the rate of exchange conclusively determined by the Company to be applicable.
Set-off, Lien and Combination of Accounts. 15.1 In addition and without prejudice to any general liens, rights of set-off or other similar rights to which WLSL may be entitled under the applicable law or this Agreement, to the extent permitted by applicable law,
Set-off, Lien and Combination of Accounts. 10.1 The Company shall be entitled and authorized to, subject to the provisions of the SFO and relevant rules made thereunder for itself or as agent for the Sorrento Group, at any time or from time to time and without notice to the Client, notwithstanding any settlement of account or other matter whatsoever, combine or consolidate any or all of the Client’s accounts and/or his/its Affiliates' accounts (of whatever nature and whether held individually or jointly with others) maintained with the Company and the Sorrento Group and set-off or transfer any money, securities or other property standing to the credit of any one or more of such accounts in or towards satisfaction of the indebtedness, obligations or liabilities of the Client and/or any of his/its Affiliates towards the Company and/or the Sorrento Group on any other accounts in Hong Kong or overseas whether such indebtedness, obligations or liabilities be present or future, actual or contingent, primary or collateral, several or joint and secured or unsecured. Where such set-off, consolidation, combination or transfer requires the conversion of one currency into another, such conversion shall be calculated at the rate of exchange conclusively determined by the Company to be applicable. 10.2 Subject to a general lien in its favor the Company may hold as security and all or any of the Client’s money, securities and other property held by the Company until the Client has fully paid any and all amounts owed to the Company or the Sorrento Group.
Set-off, Lien and Combination of Accounts. 17.1. CHIEF shall be entitled and authorized to, subject to the provisions of the SFO and relevant rules made thereunder for itself or as agent for any Affiliated Company of CHIEF, at any time or from time to time and without notice to the Client, notwithstanding any settlement of account or other matter whatsoever, combine or consolidate any or all of the Client’s accounts (of whatever nature and whether held individually or jointly with others) maintained with CHIEF and the Affiliated Company of CHIEF and set-off or transfer any money, securities or other property standing to the credit of any one or more of such accounts in or towards satisfaction of the indebtedness, obligations or liabilities of the Client towards CHIEF and/or the Affiliated Company of CHIEF on any other accounts in Hong Kong or overseas whether such indebtedness, obligations or liabilities be present or future, actual or contingent, primary or collateral, several or joint and secured or unsecured. Where such set-off, consolidation, combination or transfer requires the conversion of one currency into another, such conversion shall be calculated at the rate of exchange conclusively determined by CHIEF to be applicable.
Set-off, Lien and Combination of Accounts. The Company shall be entitled and authorized to, subject to the provisions of the SFO and relevant rules made thereunderfor itself or as agent for the VMI Securities Limited,at any time or from time to time and without notice to the Client,notwithstanding any settlement of account or other matter whatsoever,combine or consolidate any or all of the Client’s accounts and/or his/its Affiliates'accounts (of whatever nature and whether held individually or jointly withothers) maintained with the Company and the VMI Securities Limited and set-off or transfer anymoney, securities or otherproperty standing to the credit of any one ormore of such accounts in or towards satisfaction of the indebtedness,obligations or liabilities of the Client and/or any of his/its Affiliates towards the Companyand/or the VMI Securities Limited on any other accounts in Hong Kong or overseas whether suchindebtedness, obligations or liabilities be present or future, actual orcontingent, primary or collateral, several or joint and secured orunsecured. Where such set-off, consolidation, combination or transferrequires the conversion of one currency into another, such conversionshall be calculated at the rate of exchange conclusively determined bythe Company to be applicable. Subject to a general lien in its favor the Company may hold assecurity and all or anyof the Client’s money, securities and other property held by the Company until the Client hasfully paid any and all amounts owed to the Company or the VMI Securities Limited. The Client as beneficial owner hereby charges in favour of the Company and each member of the VMI Securities Limitedby way of first fixed charge all securities or other property from time totime deposited by the Client or on his/its behalf with the Company or purchased for orotherwise being held in or by or under the order or control of the Company or the VMI Securities Limited for theAccount or any other account whatsoever, including any and all rights,title and interest, present and future, therein (collectively called "Charged Property") as continuing security for all of the Client’s liabilities and obligationsdue, owing or incurred towards the Company and each member of the VMI Securities Limited of whatever natureand from time to time and the Client hereby assigns and releases to the Company and eachmember of the VMI Securities Limited all such securities or other property as aforesaid. Subjectto the provisions of the SFO and relevant rules made thereunder,...