Equivalent Securities. The Broker or the Broker’s nominee, shall not be required to deliver to or return to the Client the identical Securities delivered to or deposited with the Broker. However, the Securities actually delivered or returned shall be of the same class, denomination and nominal amount as and have equal rank in every respect with the Securities originally delivered or deposited (subject to any capital reorganization that may have occurred in the interim).
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Sources: Client Agreement, Client Agreement
Equivalent Securities. The Broker or the Broker’s nominee, shall not be required to deliver to or return to the Client the identical Securities delivered to or deposited with the Broker. However, Broker provided that the Securities actually delivered or returned shall be are of the same class, denomination and nominal amount as account and have equal rank in every respect with the Securities originally delivered or deposited (subject to any capital reorganization that may have occurred occoured in the interim).
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