Common use of Default Risk Clause in Contracts

Default Risk. 4.2.1.1 This is a risk that issuer may fail to pay bondholder the interest or principal as scheduled.

Appears in 3 contracts

Sources: Client Securities Account Agreement, Client Securities Account Agreement, Client Securities Account Agreement

Default Risk. 4.2.1.1 This is a risk that issuer may fail to pay bondholder the interest or principal as scheduled.

Appears in 1 contract

Sources: Securities Cash Account Client Agreement