Common use of AGREEMENT TO USE COLLATERAL Clause in Contracts

AGREEMENT TO USE COLLATERAL. Customer authorizes 10TradeFX to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral held by 10TradeFX, including, but not limited to, using the Contracts as collateral for a loan to 10TradeFX, 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 10TradeFX. This Agreement to Use Collateral shall remain in effect so long as Customer’s Account with 10TradeFX remains open or Customer has any obligations of any kind to 10TradeFX, under the Customer Agreement.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement

AGREEMENT TO USE COLLATERAL. Customer authorizes 10TradeFX 10tradefx to sell, pledge, rehypothecate, assign, invest, commingle and otherwise use any Collateral held by 10TradeFX10tradefx, including, but not limited to, using the Contracts as collateral for a loan to 10TradeFX10tradefx, 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 10TradeFX10tradefx. This Agreement to Use Collateral shall remain in effect so long as Customer’s Account with 10TradeFX 10tradefx remains open or Customer has any obligations of any kind to 10TradeFX10tradefx, under the Customer Agreement.

Appears in 1 contract

Sources: Customer Agreement