Common use of LIQUIDATION OF ACCOUNTS Clause in Contracts

LIQUIDATION OF ACCOUNTS. 4.1 We shall have the right, without prior notice to or consent from you, and in our absolute discretion and sole judgment, to take such action as we may consider necessary or desirable to comply with or to perform, cancel or satisfy any of our obligation to you or any of our or your obligations to a relevant Exchange and/or Clearing House and/or agent, as the case may be, in respect of any outstanding Futures or Options Contracts (including Closing Out and/or performing any and all such outstanding contracts) and may for such purpose buy or sell in any manner whatsoever (including from or to any Affiliate) the Commodity underlying any outstanding contract and/or apply any Margin and/or enforce any security held by us and apply the proceeds thereof in such manner as we may, in our absolute discretion, determine if:

LIQUIDATION OF ACCOUNTS. 4.1 6.1 We shall have the right, without prior notice to or consent from you, and in our absolute discretion and sole judgment, to take such action as we may consider necessary or desirable to comply with or to perform, cancel or satisfy any of our obligation to you or any of our or your obligations to a relevant Exchange and/or and / or Clearing House and/or agentand / or Agent, as the case may be, in respect of any outstanding Futures Contract or Options Contracts Contract (including Closing Out and/or and / or performing any and all such outstanding contracts) and may for such purpose buy or sell in any manner whatsoever (including from or to any Affiliate) the Commodity underlying any outstanding contract and/or and / or apply any Margin and/or and / or enforce any security held by us and apply the proceeds thereof in such manner as we may, in our absolute discretion, determine if:

LIQUIDATION OF ACCOUNTS. 4.1 We shall have the right, without prior notice to or consent from you, and in our absolute discretion and sole judgment, to take such action as we may consider necessary or desirable to comply with or to perform, cancel or satisfy any of our obligation to you or any of our or your obligations to a relevant Exchange and/or Clearing House and/or agent, as the case may be, in respect of any outstanding Futures or Options Contracts (including 44 Closing Out and/or performing any and all such outstanding contracts) and may for such purpose buy or sell in any manner whatsoever (including from or to any Affiliate) the Commodity underlying any outstanding contract and/or apply any Margin and/or enforce any security held by us and apply the proceeds thereof in such manner as we may, in our absolute discretion, determine if: