Common use of Security for Indebtedness Clause in Contracts

Security for Indebtedness. In your Customer Agreement with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. you ▇▇▇▇▇ ▇ ▇▇▇▇ on all securities and other property held in any ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. account in which you have an interest, now or in the future, for the discharge of all your debts and other obligations owing to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. This lien also secures any debit balance in your margin or short account, and extends to securities and other property that may not be acceptable as margin collateral under ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. rules or Federal Reserve Board regulations. together with the property of others, in an amount equal to the balance you owe to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc., or for a greater amount. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. may do so without retaining in its possession or under its control for delivery a like amount of securities or other property.

Security for Indebtedness. In your Customer Agreement with ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. LLC. you ▇▇▇▇▇ ▇ ▇▇▇▇ on all securities and other property held in any ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. LLC. account in which you have an interest, now or in the future, for the discharge of all your debts and other obligations owing to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. LLC. This lien also secures any debit balance in your margin or short account, and extends to securities and other property that may not be acceptable as margin collateral under ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. LLC. rules or Federal Reserve Board regulations. together with the property of others, in an amount equal to the balance you owe to ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc.LLC.., or for a greater amount. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co., Inc. LLC. may do so without retaining in its possession or under its control for delivery a like amount of securities or other property.