Common use of AGREEMENT TO USE COLLATERAL Clause in Contracts

AGREEMENT TO USE COLLATERAL. Customer authorizes QFS to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral held by QFS, including, but not limited to, using the Contracts as collateral for a loan to QFS, and, further trading with the Collateral, as provided in the Customer Agreement (including, but not limited to Paragraph 6 thereof). Where Customer’s Account consists of more than one Account, this authorization shall apply to all of Customer’s Accounts with QFS. This Agreement to Use Collateral shall remain in effect so long as Customer’s Account with QFS remains open or Customer has any obligations of any kind to QFS, under the Customer Agreement.

AGREEMENT TO USE COLLATERAL. The Customer authorizes QFS to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral held by QFS, including, but not limited to, using the Contracts as collateral for a loan to QFS, and, further trading with the Collateral, as provided in the Customer Agreement (including, but not limited to Paragraph 6 thereof). Where the Customer’s Account consists of more than one Account, this authorization shall apply to all of Customer’s Accounts with QFS. This Agreement to Use Collateral shall remain in effect so long as the Customer’s Account with QFS remains open or the Customer has any obligations of any kind to QFS, under the Customer Agreement.