Lien And Power Of Sale. 3.1 Without prejudice and in addition to any powers, authorities, rights, remedies, general lien, right of set off or similar right to which Galaxy International Futures may be entitled by law or otherwise, any funds, Securities, Commodities, Futures Contracts, options contract, or other properties held by Galaxy International Futures for any purpose for the Client or carried by Galaxy International Futures in the Client’s Account (either solely or jointly with others) or which may be in the possession or control of Galaxy International Futures, or in the possession or control of any member of the China Galaxy International in Hong Kong or in other parts of the world, at any time and for any purpose, including but not limited to safe-keeping, for the Client and/or in the Client’s name (hereinafter collectively called “Client’s Property”) shall be subject to a general lien in favour of Galaxy International Futures and are to be held by Galaxy International Futures as security for the payment of any liability of the Client to Galaxy International Futures. Galaxy International Futures shall also have the right to exercise any or all of the powers more particularly set out in clauses 3.5 and 3.6 of this Part E hereof in respect of the Client’s Property regardless of whether any other person is interested in the Client’s Property or Galaxy International Futures has made advances in connection with the Client’s Property and irrespective of the number of the Client’s Account.
Lien And Power Of Sale. The Operator reserves the right to withhold or prevent delivery of Cargo until all accrued and unpaid charges and fees or advance charges against the Cargo have been paid in full. As security for the payment of any amounts due under this Tariff, the Operator shall have a general lien over all Cargo, Bills of Lading, Waybills, permits or other documentation in its possession. Such lien shall not be affected by any temporary or partial extinction of any indebtedness due to the Operator. The lien shall extend to cover the cost of recovering sums due, including any legal or other fees as incurred, and the Operator shall have the right to sell Cargo that is subject of a lien by public auction or private sale without notice to the Cargo Owner, Vessel Owner or other Users. The Operator shall not be responsible for any loss or damage of whatsoever nature and howsoever caused, even if caused by an act, omission or the negligence of the Operator in the enforcement by the Operator of such lien or power of sale.
Lien And Power Of Sale. We shall exercise such lien and power of sale rights (if any) in respect of the Precious Metals held for you below. Without prejudice to any lien or power of sale rights which we may have pursuant to this clause, or which any Sub-Custodian may have pursuant to the terms on which it holds Precious Metals for us, we shall not pledge, or create any security interest over, any Precious Metal held for you unless otherwise agreed with you. In addition to any general lien or other rights to which we may be entitled under any applicable law, we shall have a general lien over all Precious Metals held for you pursuant to this Agreement until the satisfaction of all liabilities, payments and obligations (whether actual or contingent) of you owed to us under this Agreement or otherwise (each a "Liability"). Nothing herein shall be construed or take effect as a charge or security interest requiring registration against you under English law. Failing payment or discharge by you on the due date therefore of any Liability, we shall be entitled without notice to or consent from you, and without prejudice to any other right or remedy which we may have, to sell all or any of the Precious Metals held for you in such manner and at such price as we may deem appropriate. Where we sell Precious Metals pursuant to this term, we shall apply the net proceeds of the sale in or towards payment or discharge of the relevant sum or liability as we may think fit, but shall not be liable for any loss suffered by you as result of such sale.
Lien And Power Of Sale. The Bank shall have a lien on all property of the Customer coming into the possession or control of the Bank, for custody or any other reason and whether or not in the ordinary course of banking business, with power for the Bank to sell such property to satisfy any obligations owed by the Customer to the Bank.
Lien And Power Of Sale. All the Client’s interest in any funds, securities, commodities, or other properties held by any of the Wing Xxxx Financial Group in any account for the Client (either individually or jointly with others) or which may be in the possession of any of the Wing Xxxx Financial Group in Hong Kong or elsewhere for any purpose shall be subject to a general lien in favour of Wing Xxxx. Wing Xxxx is entitled to sell such properties and utilize the proceeds to discharge all or part of the obligations of the Client to Wing Xxxx. For the purpose of such sale, Wing Xxxx is authorized to do all things necessary for effecting such sale without being liable to the Client for any loss. The Client shall have no claim against Wing Xxxx concerning the manner or the timing of such sale.
