Common use of Charge Clause in Contracts

Charge. In consideration of your granting or continuing to make available the Credit Facilities to me/us, I/we, as beneficial owner or the agent of the beneficial owner, hereby charge, assign and release to you as continuing security for the punctual payment to you on the respective due dates of all amounts outstanding under the Credit Facilities and all other moneys and sums due or owing from me/us to you from time to time pursuant to the General Terms and Conditions and these Additional Terms all my/our rights, title and interest in and to the securities at any time hereafter and from time to time in my/our Securities Account (if any) and Margin Securities Account, together with all dividends or interest paid or payable on or in respect of any of such securities and all accretions thereto by way of bonus, distributions, options, rights or otherwise howsoever accruing or offered at any time hereafter (collectively the "Charged Securities").