Power of Sale over your Investments. If you do not settle your account by the due date, or within three days of GAM posting a letter demanding settlement, please note that we or Xxxxxx have the right to sell or realise any investment being held or which we or Xxxxxx are entitled to receive on your behalf. We will exercise this right in order to meet your liabilities and any related costs to either of us. We or Xxxxxx also reserve the right to close any open sold positions should you fail to deliver the relevant securities and to debit your account with any loss incurred in the transaction.
Power of Sale over your Investments. 8.1 We reserve the right to sell or realise any investments or monies which we are holding or are due to receive on your behalf in order to meet any liabilities to us which you may have incurred and which have not been discharged by the due date.
Power of Sale over your Investments. 18.1 All investments (including collateral) which we hold or are entitled to receive on your behalf shall be a continuing security for the payment and satisfaction of all sums which may at any time be or become due from you to us, including any interest payable to us hereunder and reasonable costs, charges and expenses paid or incurred in perfecting or enforcing our security or otherwise.
