Common use of AGREEMENT TO USE COLLATERAL Clause in Contracts

AGREEMENT TO USE COLLATERAL. Customer authorizes Evalanch Ltd to sell, pledge, rehypothecate, assign, invest, commingle, and otherwise use any Collateral held by Evalanch Ltd, including, but not limited to, using the Contracts as collateral for a loan to Evalanch Ltd, 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 Evalanch Ltd. This Agreement to Use Collateral shall remain in effect so long as Customer’s Account with Evalanch Ltd remains open or Customer has any obligations of any kind to Evalanch Ltd, under the Customer Agreement.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement

AGREEMENT TO USE COLLATERAL. Customer authorizes Evalanch Ltd The Company to sell, pledge, rehypothecate, assign, invest, commingle, and otherwise use any Collateral held by Evalanch Ltd, including, but not limited to, using the Contracts as collateral for a loan to Evalanch Ltd, 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 Evalanch Ltd. The Company This Agreement to Use Collateral shall remain in effect so long as Customer’s Account with Evalanch Ltd The Company remains open or Customer has any obligations of any kind to Evalanch Ltd, under the Customer Agreement.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement