Common use of Pledging Clause in Contracts

Pledging. Where the Holder wishes to use his or her interest or right in the Account as security for a loan or other indebtedness, he or she must first advise the Trustee. Where the Holder uses his or her interest or right in the Account as security for a loan or indebtedness, it shall be the sole responsibility of the Holder to ensure:

Appears in 6 contracts

Samples: Account Trust Agreement, bmgfunds.com, edgepointwealth.com

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Pledging. Where the Holder wishes to use his or her interest or right in the Account as security for a loan or other indebtedness, he or she must first advise the TrusteeAgent. Where the Holder uses his or her interest or right in the Account as security for a loan or indebtedness, it shall be the sole responsibility of the Holder to ensure:

Appears in 1 contract

Samples: www.invesco.ca

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