Common use of Termination by Xxxxxxxx Clause in Contracts

Termination by Xxxxxxxx. Xxxxxxxx may, upon 30 days written notice to all parties, resign as carrying broker with respect to the Securities Account; provided, that it shall comply with entitlement orders or other instructions and assist the parties hereto in transferring custody of the Securities Account to a third party carrying broker and follow all relevant terms of any applicable clearing, carrying or custody agreement between Broker and Pershing.

Appears in 4 contracts

Samples: Securities Account Sole Control Agreement (Patel Chirag K.), Securities Account Sole Control Agreement (Patel Gautam), www.sec.gov

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