COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which HIBI MARKETS LIMITED or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by HIBI MARKETS LIMITED as security and subject to a general lien and right of set-off for liabilities of Customer to HIBI MARKETS LIMITED whether or not HIBI MARKETS LIMITED has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with HIBI MARKETS LIMITED HIBI MARKETS LIMITED may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to HIBI MARKETS LIMITED the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by HIBI MARKETS LIMITED as margin or security. HIBI MARKETS LIMITED shall at no time be required to deliver to Customer the identical property delivered to or purchased by HIBI MARKETS LIMITED for any account of Customer. This authorization shall apply to all accounts carried by HIBI MARKETS LIMITED for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by HIBI MARKETS LIMITED from its home office. Any failure by HIBI MARKETS LIMITED to enforce its rights hereunder shall not be deemed a future waiver of such rights by HIBI MARKETS LIMITED HIBI MARKETS LIMITED is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that HIBI MARKETS LIMITED deems necessary or desirable to evidence or to protect HIBI MARKETS LIMITED’s interest with respect to any collateral. In the event that the collateral deemed acceptable to HIBI MARKETS LIMITED is at any time insufficient to satisfy Customer’s indebtedness or other obligations to HIBI MARKETS LIMITED, including obligations to provide margin in acco...
COLLATERAL AND LENDING AGREEMENT. Customer agrees that all monies, funds, reserves, deposits, securities, negotiable instruments, Commodity Interests, cash, cash equivalents and property (collectively "Property") belonging to Customer or in which Customer has an interest which are held by GAIN, either individually or jointly with others or as guarantor of the account(s) of any other person, shall be subject to a general lien and security interest for the discharge of Customer's obligations to GAIN, wherever or however arising and without regard to whether GAIN has made any advances with regard to such Property. Customer agrees that GAIN is authorized to sell or purchase any and all such Property without notice to Customer to satisfy such general lien or security interest. Customer irrevocably appoints GAIN as Xxxxxxxx's attorney-in-fact with power of substitution to execute any documents for the perfection or registration of such general lien or security interest with regard to Customer's Property. Customer agrees that GAIN may, in XXXX's sole and absolute discretion, without notice to Customer apply and/or transfer any or all of Customer's Property between Customer's Account(s). Customer grants GAIN the right to pledge, re- pledge, hypothecate, invest with or loan to GAIN as broker or to others any of Customer's Property held by GAIN, separately or together with any Property of other customers, as margin or collateral for Customer's Account(s) (including, without limitation, GAIN's right to engage in securities repurchase and reverse repurchase agreements with others). Customer agrees that GAIN shall not be required to deliver the identical Property delivered or purchased by GAIN for any of Customer's Account(s). Customer agrees that if Customer takes delivery of a Commodity Interest, GAIN may utilize such Commodity Interest (or any other property, warehouse receipts or evidence of ownership of such Commodity Interest) as collateral for a bank loan. Customer agrees that the proceeds from such bank loan may be used by GAIN to pay for the Commodity Interest (or evidence of ownership of such Commodity Interest) until re-delivery of the Commodity Interest and/or payment by Customer in full, including interest, for the same. The rights granted to GAIN pursuant to this Section are subject to the applicable requirements with regard to the segregation of customer funds and property under the Commodity Exchange Act, as amended.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that Tradeview Financial Markets SAC or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of Tradeview Financial Markets SAC for any purpose, including safekeeping, are to be held by Tradeview Financial Markets SAC as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to Tradeview Financial Markets SAC whether or not Tradeview Financial Markets SAC has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with Tradeview Financial Markets SAC. Tradeview Financial Markets SAC may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to Tradeview Financial Markets SAC the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by Tradeview Financial Markets SAC as margin or collateral. Tradeview Financial Markets SAC shall at no time be required to deliver to Client the identical property delivered to or purchased by Tradeview Financial Markets SAC for any account of Client. Should Client take delivery of Page 3 of 7 currencies through settlement of trades, Tradeview Financial Markets SAC is obliged to make full payment for the delivery on 24 hour notice. If the balance in the Client’s account is not adequate to pay for the delivery, the depository receipts held in the name of Client or Tradeview Financial Markets SAC, as Client’s agent or nominee, become property carried on margin in the Client’s account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by Tradeview Financial Markets SAC for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by Tradeview Financial Markets SAC.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that BMFN or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of BMFN for any purpose, including safekeeping, are to be held by BMFN as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to BMFN whether or not BMFN has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with BMFN. BMFN may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client's accounts. Client hereby also grants to BMFN the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by BMFN as margin or collateral. BMFN shall at no time be required to deliver to Client the identical property delivered to or purchased by BMFN for any account of Client. Should Client take delivery of currencies through settlement of trades, BMFN is obliged to make full payment for the delivery on 24 hours notice. If the balance in the Client's account is not adequate to pay for the delivery, the depository receipts held in the name of Client or BMFN, as Client’s agent or nominee, become property carried on margin in the Client's account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by BMFN for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by BMFN. 10
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which GFX or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by GFX as security and subject to a general lien and right of set-off for liabilities of Customer to GFX whether or not GFX has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with GFX. GFX may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to GFX the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by GFX as margin or security. GFX shall at no time be required to deliver to Customer the identical property delivered to or purchased by GFX for any account of Customer. This authorization shall apply to all accounts carried by GFX for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by GFX from its home office. Any failure by GFX to enforce its rights hereunder shall not be deemed a future waiver of such rights by GFX. GFX is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that GFX deems necessary or desirable to evidence or to protect GFX’s interest with respect to any collateral. In the event that the collateral deemed acceptable to GFX is at any time insufficient to satisfy Customer’s indebtedness or other obligations to GFX, including obligations to provide margin in accordance with section 4 above, Customer shall promptly pay upon demand the entire amount of such deficit.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that NOOR may at any time be carrying for Client (either individually, corporate, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of NOOR for any purpose, including safekeeping, are to be held by NOOR as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to NOOR whether or not Shall apply to all accounts carried by NOOR for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by NOOR. LIQUIDATIONOF ACCOUNTS/DEFICIT BALANCEST In the event of: A the death or judicial declaration of incompetence of Client, B the filing of a petition in bankruptcy, or a petition for the appointment of a receiver, or the institution of any insolvency or similar proceeding by or against Client, C the filing of an attachment against any of Client's accounts carried by NOOR, D insufficient margin, or NOOR's determination, in its sole discretion, that any collateral deposited to protect one or more accounts of Client is inadequate, regardless of current market quotations, to secure the account, E Client's failure to provide NOOR any information requested pursuant to this agreement, or F any other circumstances or developments that XXXX xxxxx appropriate for its protection, then, in NOOR's sole discretion, it may take one or more, or any portion of, the following actions: NOOR has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with NOOR. NOOR may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client's accounts. Client hereby also grants, free of charge or interest, to NOOR the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by NOOR as margin or collateral. NOOR, as the case may be, shall at no time be required to deliver to Client the identical property III Satisfy any obligation Client may have to NOOR, either directly or by way of guaranty of surety, out of any of Client's funds or property in its custody or control, Sell or purchase any or all Co...
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Customer which CRONOSCAP MARKETS LIMITED or its affiliates may at any time be carrying for Customer (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by CRONOSCAP MARKETS LIMITED as security and subject to a general lien and right of set-off for liabilities of Customer to CRONOSCAP MARKETS LIMITED whether or not CRONOSCAP MARKETS LIMITED has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with CRONOSCAP MARKETS LIMITED. CRONOSCAP MARKETS LIMITED may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts. Customer hereby also grants to CRONOSCAP MARKETS LIMITED the right to pledge, repledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by CRONOSCAP MARKETS LIMITED as margin or security. CRONOSCAP MARKETS LIMITED shall at no time be required to deliver to Customer the identical property delivered to or purchased by CRONOSCAP MARKETS LIMITED for any account of Customer. This authorization shall apply to all accounts carried by CRONOSCAP MARKETS LIMITED for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by CRONOSCAP MARKETS LIMITED from its home office. Any failure by CRONOSCAP MARKETS LIMITED to enforce its rights hereunder shall not be deemed a future waiver of such rights by CRONOSCAP MARKETS LIMITED. CRONOSCAP MARKETS LIMITED is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that CRONOSCAP MARKETS LIMITED deems necessary or desirable to evidence or to protect CRONOSCAP MARKETS LIMITED’s interest with respect to any collateral. In the event that the collateral deemed acceptable to CRONOSCAP MARKETS LIMITED is at any time insufficient to satisfy Customer’s indebtedness o...
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client which RJO or its affiliates may at any time be for Client (either individually, jointly with other, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by RJO as security and subject to a general lien and right of set-off for liabilities of Client to RJO, irrespective of the number of accounts Client may have with RJO. RJO may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client’s accounts. Client hereby also grants to RJO the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other clients, to itself or to others, any securities or other property of Client held by RJO as margin or security. RJO shall at no time be required to deliver to Client the identical property delivered to or purchased by RJO for any account of Client. This authorization shall apply to all accounts carried by RJO for Client and shall remain in full force until all accounts are closed by Client and no amounts are owing to RJO.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Client that Paramount or its affiliates may at any time be carrying for Client (either individually, jointly with others or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on the books of Paramount for any purpose, including safekeeping, are to be held by Paramount as security and subject to a general lien and right of set-off for all obligations and liabilities of Client to Paramount whether or not Paramount has made advances in connection with such securities, currencies or other property, and irrespective of the number of accounts Client may have with Paramount may in its discretion, at any time and from time to time, without notice to Client, apply and/or transfer any or all funds or other property of Client between any of Client's accounts. Client hereby also grants to Paramount the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by Paramount as margin or collateral. Paramount shall at no time be required to deliver to Client the identical property delivered to or purchased by Paramount for any account of Client. Should Client take delivery of currencies through settlement of trades, Paramount is obliged to make full payment for the delivery on 24 hours notice. If the balance in the Client's account is not adequate to pay for the delivery, the depository receipts held in the name of Client or Paramount, as Client’s agent or nominee, become property carried on margin in the Client's account, since they are not fully paid for by Client. This authorization shall apply to all accounts carried by Paramount for Client and shall remain in full force until all accounts are fully paid for by Client or notice of revocation is sent by Paramount.
COLLATERAL AND LENDING AGREEMENT. All funds, securities, currencies, and other property of Trader which MBC FINANCIAL SERVICES LTD or its affiliates may at any time be carrying for Trader (either individually, jointly with another, or as a guarantor of the account of any other person) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by MBC FINANCIAL SERVICES LTD as security and subject to a general lien and right of set-off for liabilities of Trader to MBC FINANCIAL SERVICES LTD whether or not MBC FINANCIAL SERVICES LTD has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Trader may have with MBC FINANCIAL SERVICES LTD. MBC FINANCIAL SERVICES LTD may in its discretion, at any time and from time to time, without notice to Trader, apply and/or transfer any or all funds or other property of Trader between any of Trader’s accounts. Trader hereby also grants to MBC FINANCIAL SERVICES LTD the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Traders, to itself as broker or to others, any securities or other property of Trader held by MBC FINANCIAL SERVICES LTD as margin or security. MBC FINANCIAL SERVICES LTD shall at no time be required to deliver to Trader the identical property delivered to or purchased by MBC FINANCIAL SERVICES LTD for any account of Trader.
