Buying-In. If Customer instructs a BofAML Entity to sell any security, commodity or other property and such BofAML Entity is unable to deliver the relevant asset to the purchaser by reason of Customer’s failure to supply such BofAML Entity with the relevant asset, then Customer authorizes such BofAML Entity to borrow or purchase any such security, commodity or other property necessary to make delivery thereof.
Appears in 2 contracts
Sources: Prime Brokerage Account Agreement (Cushing Renaissance Fund), Prime Brokerage Account Agreement (Cushing Royalty & Income Fund)