LIQUIDATION OF COLLATERAL OR ACCOUNT. You may sell any or all property held in any of my accounts and cancel any open orders for the purchase or sale of any property without notice in the event of my death or whenever in your discretion you consider it necessary for your protection. In such events you also may borrow or buy-in all property required to make delivery against any sale, including a short sale, effected for me. Such sale or purchase may be public or private and may be made without advertising or notice to me and in such manner as you may in your discretion determine. No demands, calls, tenders or notices which you may make or give in any one or more instances shall invalidate the foregoing waiver on my part. At any such sale you may purchase the property fee of any right of redemption and I shall be liable for any deficiency in my accounts.
LIQUIDATION OF COLLATERAL OR ACCOUNT. Clearing Firm may sell any or all securities and other property held in any of my accounts and cancel any open orders for the purchase or sale of securities and other property without notice in the event of my death or whenever in its sole discretion Clearing Firm considers it necessary for its protection. In such events Clearing Firm also may borrow or buy-in all securities and other property required to make delivery against any sale, including a short sale, effected for me. Such sale or purchase may be public or private and may be made without advertising or notice to me and in such manner as Clearing Firm may in its sole discretion determine. No demands, calls, tenders or notices which Clearing Firm may make or give in any one or more instances shall invalidate the foregoing waiver on my part. At any such sale, Clearing Firm may purchase the property free of any right of redemption and I shall be liable for any deficiency in my accounts.
LIQUIDATION OF COLLATERAL OR ACCOUNT. Clearing Firm may sell any or all securi- ties and other property held in any of my accounts and cancel any open orders for the purchase or sale of securities and other property without notice in the event of my death or whenever in its sole discretion Clearing Firm considers it necessary for its protection. In such events Clearing Firm also may borrow or buy-in all securities and other property required to make delivery against any sale, including a short sale, effected for me. Such sale or purchase may be public or private and may be made without advertising or no- xxxx to me and in such manner as Clearing Firm may in its sole discretion determine. No demands, calls, tenders or notices which Clearing Firm may make or give in any one or more instances shall invalidate the foregoing waiver on my part. At any such sale, Clearing Firm may purchase the property free of any right of redemption and I shall be liable for any deficiency in my accounts.
LIQUIDATION OF COLLATERAL OR ACCOUNT. You may sell any or all property held in any of my accounts and cancel any open orders for the purchase or sale of any property without notice in the event of my death or whenever in your discretion, you consider it necessary for your protection. In such events you also may borrow or buy-in all property required to make delivery against any sale, including a short sale, effected for me. Such sale or purchase may be public or private and may be made without advertising or notice to me and in such manner as you may in your THE REVERSE SIDE OF THIS AGREEMENT MUST 3025 (8/91) BE SIGNED BY ALL ACCOUNT OWNERS discretion determine. No demands, calls, lenders or notices which you may make or give in any one or more instances shall invalidate the foregoing waiver on my part. At any such sale you may purchase the property free of any right of redemption and I shall be liable for any deficiency in my accounts.
LIQUIDATION OF COLLATERAL OR ACCOUNT. Client understands, acknowledges and agrees that: (i) Baird may elect, at any time without notice, to make any debit balance or other obligation related to an Account immediately due and payable; (ii) Baird may, in its sole discretion, hold such property until Client’s debts and other obligations to Baird are fully satisfied; (iii) subject to applicable law or regulation, Baird may, in its sole discretion, liquidate property held in Client’s Accounts without notice to Client and apply such property and the proceeds of its liquidation toward the satisfaction of Client’s debts and other obligations to Baird; (iv) subject to applicable law or regulation, Baird may determine, in Xxxxx’x sole discretion, the property to be sold from the Account and the amount, order and manner in which such property will be sold; (v) Client will remain liable to Baird for payment of debts and other obligations owed to Baird to the extent that the application of such property and the proceeds of its liquidation is insufficient to fully satisfy Client’s debts or other obligations owed to Baird, plus, in Xxxxx’x sole discretion, accrued interest on the deficiency at Xxxxx’x then customary rate or at the maximum rate permitted by applicable law; (vi) Baird will not be liable in any way for any loses or adverse tax consequences resulting from a liquidation of Client’s property; and (vii) to the extent permissible by applicable law, Client waives diligence, presentment, protest, demand for payment and notice of nonpayment and further waives all other notices and formalities to which Client may be entitled, and such waiver will not be invalidated by any demands or notices made by Baird. Client further understands and agrees that Xxxxx’x rights under this paragraph are in addition to any other rights that Baird may have under other agreements with Client or that Baird may have under applicable law. Client understands that, as a secured party, Baird may have interests that are adverse to Client.
LIQUIDATION OF COLLATERAL OR ACCOUNT. You may sell any or all property held in any of my accounts and cancel my open orders for the purchase or sale of any property without notice in the event at my death or whenever in your discretion you consider it necessary for your protection. In such events you also may borrow or buy-in all property required to make delivery against any sale, including a short sale, effected for me. Such sale or purchase may be public or private and may be made without advertising or notice to me and in such manner as you may in your discretion determine. No demands, calls, _____ or notices by you shall invalidate this waiver by me. At any such ____ you may purchase the property free of any right of redemption and I shall be liable for any remaining deficiency in any of my accounts. ------------------------------------------------------------------------------- MARGIN AGREEMENT: PARAGRAPHS 16 THROUGH 19 APPLY ONLY TO MARGIN ACCOUNTS.
