CUSTOMER ASSETS. 11.1 Interest is not payable by 24HMarkets on client funds deposited by Customer. 11.2 All funds, securities, currencies, and other property of Customer which 24HMarkets or its affiliates may at any time be carrying for Customer (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 24HMarkets as security and subject to a general lien and right of set-off for liabilities of Customer to 24HMarkets whether or not 24HMarkets has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer mayhavewith 24HMarkets. 11.3 24HMarkets may in itsdiscretion, at anytime and from timetotime, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. 11.4 Customer hereby also grants to 24HMarkets the right to pledge, re-pledge, hypothecate, investor 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 24HMarkets as margin or security. 11.5 24HMarkets shall at no time be required to deliver to Customer the identical property delivered to or purchased by 24HMarkets for any account of Customer. 11.6 This authorization shall apply to all accounts carried by 24HMarkets for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by 24HMarkets from its home office.
Appears in 1 contract
Sources: Customer Agreement
CUSTOMER ASSETS. 11.1 Interest is not payable by 24HMarkets EXPremier on client funds deposited by Customer.
11.2 All funds, securities, currencies, and other property of Customer which 24HMarkets EXPremier or its affiliates may at any time anytime be carrying for Customer (either forCustomer(either individually, jointly with others, or as ,jointlywithothers,oras 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 safekeepingincludingsafekeeping, are to be held by 24HMarkets EXPremier as security and subject to a general lien and right of set-off for liabilities of Customer to 24HMarkets EXPremier whether or not 24HMarkets EXPremier has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number thenumber of accounts Customer mayhavewith 24HMarketsEXPremier.
11.3 24HMarkets EXPremier may in itsdiscretionits discretion, at anytime any time and from timetotimetime 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.
11.4 Customer hereby also grants to 24HMarkets EXPremier the right to pledge, re-pledge, hypothecate, investor 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 24HMarkets EXPremier as margin or security.
11.5 24HMarkets EXPremier shall at no time be required to deliver to Customer the identical property delivered to or purchased by 24HMarkets EXPremier for any account of Customer.
11.6 This authorization shall apply to all accounts carried by 24HMarkets EXPremier for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by 24HMarkets EXPremier from its home officehomeoffice.
Appears in 1 contract
Sources: Customer Agreement
CUSTOMER ASSETS. 11.1 Interest is not payable by 24HMarkets Oceix on client funds deposited by Customer.
11.2 All funds, securities, currencies, and other property of Customer which 24HMarkets Oceix or its affiliates may at any time be carrying for Customer (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 24HMarkets Oceix as security and subject to a general lien and right of set-off for liabilities of Customer to 24HMarkets Oceix whether or not 24HMarkets Oceix has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer mayhavewith 24HMarketsmay have with Oceix.
11.3 24HMarkets Oceix may in itsdiscretionits discretion, at anytime any time and from timetotimetime 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.
11.4 Customer hereby also grants to 24HMarkets Oceix the right to pledge, re-pledge, hypothecate, investor 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 24HMarkets Oceix as margin or security.
11.5 24HMarkets Oceix shall at no time be required to deliver to Customer the identical property delivered to or purchased by 24HMarkets Oceix for any account of Customer.
11.6 This authorization shall apply to all accounts carried by 24HMarkets Oceix for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by 24HMarkets Oceix from its home office.
11.7 Any failure by Oceix to enforce its rights hereunder shall not be deemed a future waiver of such rights by Oceix.
11.8 Oceix 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 Oceix deems necessary or desirable to evidence or to protect Oceix’s interest with respect to any collateral.
11.9 In the event that the collateral deemed acceptable to Oceix is at any time insufficient to satisfy Customer’s indebtedness or other obligations to Oceix, including obligations to provide margin hereunder, Customer shall promptly pay upon demand the entire amount of such deficit.
Appears in 1 contract
Sources: Customer Agreement
CUSTOMER ASSETS. 11.1 Interest is not payable by 24HMarkets Oceix on client funds deposited by Customer.
11.2 All funds, securities, currencies, and other property of Customer which 24HMarkets Oceix or its affiliates may at any time be carrying for Customer (either individually, jointly with othersjointlywithothers, 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 safekeepingincludingsafekeeping, are to be held by 24HMarkets Oceix as security and subject to a general lien and right of set-off for liabilities of Customer to 24HMarkets Oceix whether or not 24HMarkets Oceix has made advances madeadvances in connection with such securitiesconnectionwithsuchsecurities, commodities, currencies or other property, and irrespective of the number thenumber of accounts Customer mayhavewith 24HMarketsCustomermayhavewith Oceix.
11.3 24HMarkets Oceix may in itsdiscretionits discretion, at anytime any time and from timetotimetime 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.
11.4 Customer hereby also grants to 24HMarkets Oceix the right to pledge, re-pledge, hypothecate, investor 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 24HMarkets Oceix as margin or security.
11.5 24HMarkets Oceix shall at no time be required to deliver to Customer the identical theidentical property delivered to or purchased by 24HMarkets Oceix for any account of Customer.
11.6 This authorization shall apply to all accounts carried by 24HMarkets Oceix for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by 24HMarkets Oceix from its home officehomeoffice.
Appears in 1 contract
Sources: Customer Agreement
CUSTOMER ASSETS. 11.1 12.1 Interest is not payable by 24HMarkets i360fx on client funds deposited by Customer.
11.2 12.2 All funds, securities, currencies, and other property of Customer which 24HMarkets i360fx or its affiliates may at mayat any time be carrying for Customer (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 24HMarkets i360fx as security and subject to a general lien and right of set-off for liabilities of Customer to 24HMarkets i360fx whether or not 24HMarkets ornot i360fx has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer mayhavewith 24HMarketsmay have with i360fx.
11.3 24HMarkets 12.3 i360fx may in itsdiscretionits discretion, at anytime any time and from timetotimetime 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.
11.4 12.4 Customer hereby also grants to 24HMarkets i360fx the right to pledge, re-pledge, hypothecate, investor 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 24HMarkets i360fx as margin or security.
11.5 24HMarkets 12.5 i360fx shall at no time be required to deliver to Customer the identical property delivered to or purchased by 24HMarkets i360fx for any account of Customer.
11.6 12.6 This authorization shall apply to all accounts carried by 24HMarkets i360fx for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by 24HMarkets i360fx from its home office.
12.7 Any failure by i360fx to enforce its rights hereunder shall not be deemed a future waiver of such rights by i360fx.
12.8 i360fx is irrevocably appointed as attorney in-fact for Customer and is authorized, without noticeto 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 i360fx deems necessary or desirable to evidence or to protect i360fx’s interest with respectto any collateral.
12.9 In the event that the collateral deemed acceptable to i360fx is at any time insufficient to satisfy Customer’s indebtedness or other obligations to i360fx, including obligations to provide margin hereunder, Customer shall promptly pay upon demand the entire amount of such deficit.
Appears in 1 contract
Sources: Client Agreement
CUSTOMER ASSETS. 11.1 Interest is not payable by 24HMarkets Bexchanges on client funds deposited by Customer.
11.2 All funds, securities, currencies, and other property of Customer which 24HMarkets Bexchanges or its affiliates may at any time be carrying for Customer (either individually, jointly with others, or as a guarantor of guarantorof 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 24HMarkets Bexchanges as security and subject to a general lien and right of set-off for liabilities of Customer to 24HMarkets Bexchanges whether or not 24HMarkets Bexchanges has made advances madeadvances in connection with such securitiesconnectionwith suchsecurities, commodities, currencies or other property, and irrespective of the number thenumber of accounts Customer mayhavewith 24HMarketsBexchanges.
11.3 24HMarkets Bexchanges may in itsdiscretion, at anytime and from timetotime, time to time,without notice to CustomertoCustomer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts.
11.4 Customer hereby also grants to 24HMarkets Bexchanges the right to pledge, re-pledge, hypothecate, investor 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 24HMarkets Bexchanges as margin or security.
11.5 24HMarkets Bexchanges shall at no time be required to deliver to Customer the identical property delivered to or purchased by 24HMarkets Bexchanges for any account of Customer.
11.6 This authorization shall apply to all accounts carried by 24HMarkets Bexchanges for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by 24HMarkets Bexchanges from its home officehomeoffice.
Appears in 1 contract
Sources: Customer Agreement