COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that TRADEVIEW LTD or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of TRADEVIEW LTD for any purpose, including safekeeping, are to be held by TRADEVIEW LTD as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to TRADEVIEW LTD whether or not TRADEVIEW LTD has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with TRADEVIEW LTD. TRADEVIEW LTD may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to TRADEVIEW LTD the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by TRADEVIEW LTD as margin or collateral. TRADEVIEW LTD shall at no time be required to deliver to Client the identical property delivered to or purchased by TRADEVIEW LTD for any account of Client. Should Client take delivery of Page 3 of 7 currencies through settlement of trades, TRADEVIEW LTD is obliged to make full payment for the delivery on 24 hour notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or TRADEVIEW LTD, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by TRADEVIEW LTD for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by TRADEVIEW LTD.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which EQUINOX MARKETS LIMITED (UK) or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by EQUINOX MARKETS LIMITED (UK) as security and subject to a general lien and right of set-off for liabilities of Customer to EQUINOX MARKETS LIMITED (UK) whether or not EQUINOX MARKETS LIMITED (UK) has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with EQUINOX MARKETS LIMITED (UK) EQUINOX MARKETS LIMITED (UK) may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to EQUINOX MARKETS LIMITED (UK) the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by EQUINOX MARKETS LIMITED (UK) as margin or security. EQUINOX MARKETS LIMITED (UK) shall at no time be required to deliver to Customer the identical property delivered to or purchased by EQUINOX MARKETS LIMITED (UK) for any account of Customer. This authorization shall apply to all accounts carried by EQUINOX MARKETS LIMITED (UK) for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by EQUINOX MARKETS LIMITED (UK) from its home office. Any failure by EQUINOX MARKETS LIMITED (UK) to enforce its rights hereunder shall not be deemed a future waiver of such rights by EQUINOX MARKETS LIMITED (UK) EQUINOX MARKETS LIMITED (UK) is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that EQUINOX MARKETS LIMITED (UK) deems necessary or desirable to evidence or to protect EQUINOX MARKETS LIMITED (UK)’s interest with respect to any collateral. In the event that the collateral deemed acceptable to EQUINOX MARKETS LIMITED (UK) is at any ti...
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that BMFN or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of BMFN for any purpose, including safekeeping, are to be held by BMFN as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to BMFN whether or not BMFN has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with BMFN. BMFN may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to BMFN the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by BMFN as margin or collateral. BMFN shall at no time be required to deliver to Client the identical property delivered to or purchased by BMFN for any account of Client. Should Client take delivery of currencies through settlement of trades, BMFN is obliged to make full payment for the delivery on 24 hours notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or BMFN, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by BMFN for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by BMFN. 10 LIQUIDATION OF ACCOUNTS / DEFICIT BALANCES In the event of: A the death or judicial declaration of incompetence of Client, B the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Client, C the filing of an attachment against any of Client’s accounts carried by BMFN, D insufficient margin, or BMFN’s determination that any collateral deposited to protect one or more accounts of Client is inadequate, regardless of current market quotations, to secure the account, E Client’s failure to provide BMFN any infor...
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which CRONOSCAP MARKETS LIMITED or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by CRONOSCAP MARKETS LIMITED as security and subject to a general lien and right of set-off for liabilities of Customer to CRONOSCAP CUSTOMER AGREEMENT 6 MARKETS LIMITED whether or not CRONOSCAP MARKETS LIMITED has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with CRONOSCAP MARKETS LIMITED CRONOSCAP MARKETS LIMITED may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to CRONOSCAP MARKETS LIMITED the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by CRONOSCAP MARKETS LIMITED as margin or security. CRONOSCAP MARKETS LIMITED shall at no time be required to deliver to Customer the identical property delivered to or purchased by CRONOSCAP MARKETS LIMITED for any account of Customer. This authorization shall apply to all accounts carried by CRONOSCAP MARKETS LIMITED for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by CRONOSCAP MARKETS LIMITED from its home office. Any failure by CRONOSCAP MARKETS LIMITED to enforce its rights hereunder shall not be deemed a future waiver of such rights by CRONOSCAP MARKETS LIMITED CRONOSCAP MARKETS LIMITED is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that CRONOSCAP MARKETS LIMITED deems necessary or desirable to evidence or to protect CRONOSCAP MARKETS LIMITED’s interest with respect to any collateral. In the event that the collateral deemed acceptable to CRONOSCAP MARKETS LIMITED is at any time insufficient to satisfy Custom...
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which GFX or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by GFX as security and subject to a general lien and right of set-off for liabilities of Customer to GFX whether or not GFX has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with GFX. GFX may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to GFX the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by GFX as margin or security. GFX shall at no time be required to deliver to Customer the identical property delivered to or purchased by GFX for any account of Customer. This authorization shall apply to all accounts carried by GFX for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by GFX from its home office. Any failure by GFX to enforce its rights hereunder shall not be deemed a future waiver of such rights by GFX. GFX is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that GFX deems necessary or desirable to evidence or to protect GFX’s interest with respect to any collateral. In the event that the collateral deemed acceptable to GFX is at any time insufficient to satisfy Customer’s indebtedness or other obligations to GFX, including obligations to provide margin in accordance with section 4 above, Customer shall promptly pay upon demand the entire amount of such deficit.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client which RJO or its affiliates may at any time be for Client (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by RJO as security and subject to a general lien and right of set-off for liabilities of Client to RJO, irrespective of the number of accounts Client may have with RJO. RJO may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to RJO the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other clients, to itself or to others, any securities or other property of Client held by RJO as margin or security. RJO shall at no time be required to deliver to Client the identical property delivered to or purchased by RJO for any account of Client. This authorization shall apply to all accounts carried by RJO for Client and shall remain in full force until all accounts are closed by Client and no amounts are owing to RJO.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that Paramount or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of Paramount for any purpose, including safekeeping, are to be held by Paramount as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to Paramount whether or not Paramount has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with Paramount may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client's accounts. Client hereby also grants to Paramount the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by Paramount as margin or collateral. Paramount shall at no time be required to deliver to Client the identical property delivered to or purchased by Paramount for any account of Client. Should Client take delivery of currencies through settlement of trades, Paramount is obliged to make full payment for the delivery on 24 hours notice. If the balance in the Client's account is not adequate to pay for the delivery, the depository receipts held in the name of Client or Paramount, as Client’s agent or nominee, become property carried on margin in the Client's account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by Paramount for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by Paramount.
COLLATERAL AND LENDING AGREEMENT. Customer agrees that all monies, funds, reserves, deposits, securities, negotiable instruments, Commodity Interests, cash, cash equivalents and property (collectively "Property") belonging to Customer or in which Customer has an interest which are held by OEC, either individually or jointly with others or as guarantor of the account(s) of any other person, shall be subject to a general lien and security interest for the discharge of Customer's obligations to OEC, wherever or however arising and without regard to whether OEC has made any advances with regard to such Property. Customer agrees that OEC is authorized to sell or purchase any and all such Property without notice to Customer to satisfy such general lien or security interest. Customer irrevocably appoints OEC as Customer's attorney-in-fact with power of substitution to execute any documents for the perfection or registration of such general lien or security interest with regard to Customer's Property. Customer agrees that OEC may, in OEC's sole and absolute discretion, without notice to Customer apply and/or transfer any or all of Customer's Property between Customer's Account(s). Customer grants OEC the right to pledge, re-pledge, hypothecate, invest with or loan to OEC as broker or to others any of Customer's Property held by OEC, separately or together with any Property of other customers, as margin or collateral for Customer's Account(s) (including, without limitation, OEC's right to engage in securities repurchase and reverse repurchase agreements with others). Customer agrees that OEC shall not be required to deliver the identical Property delivered or purchased by OEC for any of Customer's Account(s). Customer agrees that if Customer takes delivery of a Commodity Interest, OEC may utilize such Commodity Interest (or any other property, warehouse receipts or evidence of ownership of such Commodity Interest) as collateral for a bank loan. Customer agrees that the proceeds from such bank loan may be used by OEC to pay for the Commodity Interest (or evidence of ownership of such Commodity Interest) until re-delivery of the Commodity Interest and/or payment by Customer in full, including interest, for the same. The rights granted to OEC pursuant to this Section are subject to the applicable requirements with regard to the segregation of customer funds and property under the Commodity Exchange Act, as amended.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Trader which MBC FINANCIAL SERVICES LTD or its affiliates may at any time be carrying for Trader (either individually, jointly with another, or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by MBC FINANCIAL SERVICES LTD as security and subject to a general lien and right of set-off for liabilities of Trader to MBC FINANCIAL SERVICES LTD whether or not MBC FINANCIAL SERVICES LTD has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Trader may have with MBC FINANCIAL SERVICES LTD. MBC FINANCIAL SERVICES LTD may in its discretion, at any time and from time to time, without notice to Trader, apply and/or transfer any or all funds or other property of Trader between any of Trader’s accounts. Trader hereby also grants to MBC FINANCIAL SERVICES LTD the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Traders, to itself as broker or to others, any securities or other property of Trader held by MBC FINANCIAL SERVICES LTD as margin or security. MBC FINANCIAL SERVICES LTD shall at no time be required to deliver to Trader the identical property delivered to or purchased by MBC FINANCIAL SERVICES LTD for any account of Trader.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of the Trader/Investor which SGT or its affiliates may at any time be carrying for the Trader/Investor (either individually, jointly with others, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by SGT as security and subject to a general lien and right of set- off for any and all liabilities of the Trader/Investor to SGT whether or not SGT has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts the Trader/Investor may have with SGT. SGT may, in its sole discretion, at any time and from time to time, without notice to the Trader/Investor, apply and/or transfer any or all funds or other property of the Trader/Investor between any of the Trader/Investor’s accounts. The Trader/Investor hereby also grants to SGT the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Traders/Investors, to itself as broker or to others, any securities or other property of the Trader/Investor held by SGT as margin or security. SGT shall at no time be required to deliver to the Trader/Investor the identical property delivered to or purchased by SGT for any account of the Trader/Investor. This authorization shall apply to all accounts carried by SGT for the Trader/Investor and shall remain in full force until all accounts are fully paid for by the Trader/Investor or notice of revocation is sent by SGT to the Trader/Investor.
