Common use of AGREEMENT TO USE COLLATERAL Clause in Contracts

AGREEMENT TO USE COLLATERAL. The Client authorises AT Global Markets (Australia) to sell, pledge, assign, invest, commingle and otherwise use any collateral held by AT Global Markets (Australia), including, but not limited to, using the Contracts as collateral for a loan to AT Global Markets (Australia), and, further trading with the collateral, as provided under the Agreements. Where the Account consists of more than one Account, this authorisation shall apply to all of Client’s Accounts with AT Global Markets (Australia). This authorisation to use collateral shall remain in effect so long as the Account with AT Global Markets (Australia) remains open or the Client has any obligations of any kind to AT Global Markets (Australia), under this Client Agreement.