Transactions and Settlements. All customer orders for the purchase or sale of securities and other property will be executed with the understanding that an actual purchase or sale is intended and that it is the Customer’s intention and obligation to deliver securities or the necessary funds by settlement date.
Appears in 21 contracts
Sources: Fully Disclosed Clearing Agreement, Fully Disclosed Clearing Agreement, Fully Disclosed Clearing Agreement
Transactions and Settlements. All customer orders for the purchase or sale of securities and other property will be executed with the understanding that an actual purchase or sale is intended and that it is the Customer’s intention and obligation to deliver securities or the necessary funds by settlement date.intended
Appears in 20 contracts
Sources: Customer Agreement, Fully Disclosed Clearing Agreement, Fully Disclosed Clearing Agreement