Common use of Scope and Transferability Clause in Contracts

Scope and Transferability. This agreement shall cover individually and collectively all accounts that the Customer may open or reopen with Pershing, and shall inure to the benefits of its successors and assigns, whether Pershing’s merger, consolidation, or otherwise, and Pershing may transfer the accounts of the Customer to its successors and assigns, and this agreement shall be binding upon the heirs, executors, administrators, successors, and assigns of the Customer.

Appears in 5 contracts

Sources: Customer Agreement, Customer Agreement, Customer Agreement