Common use of Payment of Indebtedness Upon Demand Clause in Contracts

Payment of Indebtedness Upon Demand. You shall at all times be liable for the payment upon demand of any Debit Balance or other obligations owing in any of Your accounts with Pershing and You shall be liable to Pershing for any deficiency remaining in any such accounts in the event of the liquidation thereof, in whole or in part, by Pershing or by You; and You shall make payments of such obligations and indebtedness upon demand.

Payment of Indebtedness Upon Demand. You shall at all times be liable for the payment upon demand of any Debit Balance debit balance or other obligations owing in any of Your your accounts with Pershing and You you shall be liable to Pershing for any deficiency remaining in any such accounts in the event of the liquidation thereof, in whole or in part, by Pershing or by Youyou; and You you shall make payments of such obligations and indebtedness upon demand.