Dealing with the Account Clause Samples

Dealing with the Account. 20.1 The Customer agrees not to charge, pledge, allow to subsist any charge or pledge over, sell, grant an option over, or otherwise deal in any way with, or purport to sell, grant an option over or deal with, any Securities or cash forming part of the Account, unless with prior consent from FSL in writing. 20.2 FSL may effect all Transactions directly on any Exchange where FSL is authorized to transact business and FSL may, at its option, deal on any Exchange indirectly through any other brokers or agents (including any broker or agent which is related to or an Associate of FSL) without any responsibility for any non-performance of such broker's or agent's failure to perform its duties and obligations or negligence, fraud, default or misconduct or act or omission. 20.3 The Customer hereby represents and warrants to FSL that the Customer has good and unencumbered title to all Securities which the Customer instructs FSL to sell for the Account and undertakes to deliver scrip for such Securities in time for FSL to comply with the relevant rules of the relevant Exchange applicable thereto.
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Dealing with the Account. 20.1 The Customer agrees not to charge, pledge, allow to subsist any charge or pledge over, sell, grant an option over, or otherwise deal in any way with, or purport to sell, grant an option over or deal with, any Securities or cash forming part of the Account. 20.2 MSL may effect all Transactions directly on any Exchange where MSL is authorized to transact business and MSL may, at its option, deal on any Exchange indirectly through any other brokers or agents (including any broker or agent which is related to or an Associate of MSL) without any responsibility for any non-performance of such broker’s or agent’s failure to perform its duties and obligations or negligence, fraud, default or misconduct or act or omission. 20.3 The Customer hereby represents and warrants to MSL that the Customer has good and unencumbered title to all Securities which the Customer instructs MSL to sell for the Account and undertakes to deliver scrip for such Securities in time for MSL to comply with the relevant rules of the relevant Exchange applicable thereto.
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Dealing with the Account. 7.1 The Client agrees not to (a) save where in favour of the Bank or where expressly agreed to by the Bank, charge or pledge, or to allow to subsist, any charge or pledge over, any Assets forming part of the Account, or, (b) unless permitted by the Bank, sell, grant an option over or otherwise deal in any way with, or purport to sell, grant an option or deal with, any Asset forming part of the Account. 7.2 The Bank may lend or arrange for a Sub­Custodian to lend the Assets of the Client, with prior written consent from the Client, such consent not to be unreasonably with- held or delayed. The Bank shall, before the commence- ment of such lending, enter into an agreement with the Client, set out the terms and conditions for such lending to the Client whose Assets are to be lent. If the Bank arranges for a Sub­Custodian to lend the Assets, the Bank shall enter into an agreement with the Sub­Custodian, setting out the terms and conditions for the lending and disclose the terms and conditions to the Client. 7.3 Subject to Clause 7.4, and provided that any withdraw- al of Assets is not in conflict with any Applicable (a) the Client may withdraw all or any part of the Client’s Assets on giving written notice to the Bank in a form satisfactory to the Bank; (b) such withdrawal, if in cash, shall, if necessary, be made from the proceeds of the sale of such Assets by the Bank and shall be forwarded to a bank account nomi- nated by the Client in the withdrawal notice; and/or (c) if the Client wishes to withdraw Assets other than in cash, the Bank shall arrange for such Assets or for certificates evidencing the same to be forwarded to a financial institution or Person nominated by the Client unless such certificates have not yet been received by the Bank, in which case the Bank will arrange for the Client to be so notified and for the certificates to be forwarded to the party nominated by the Client as soon as practicable after the receipt thereof by the Bank. 7.4 The Bank is expressly authorised and directed to deduct any amount due and owing to it by the Client from any monies received by it for and on behalf of the Client or from any monies standing to the credit of an Account of the Client. If there are insufficient funds standing to the credit of an Account of the Client, the Client shall pay the amount of such shortfall immediately on demand, and until payment in full thereof by the Client the Bank may retain the Client’s Assets by way of general lien. Should th...
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Related to Dealing with the Account

  • Trustee Dealings with the Company Subject to certain limitations set forth in the Indenture, the Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Company or its Affiliates and may otherwise deal with the Company or its Affiliates with the same rights it would have if it were not Trustee.

  • Trustee Dealings with the Issuer The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Issuer or its Affiliates and may otherwise deal with the Issuer or its Affiliates with the same rights it would have if it were not Trustee.

  • Trustee Dealings with the Issuers The Trustee under the Indenture, in its individual or any other capacity, may become the owner or pledgee of Notes and may otherwise deal with and collect obligations owed to it by the Issuers or their Affiliates and may otherwise deal with the Issuers or their Affiliates with the same rights it would have if it were not Trustee.

  • Relationship with the Lenders (a) The Agent may treat each Lender as a Lender, entitled to payments under this Agreement and acting through its Facility Office unless it has received not less than five Business Days prior notice from that Lender to the contrary in accordance with the terms of this Agreement. (b) Each Lender shall supply the Agent with any information required by the Agent in order to calculate the Mandatory Cost in accordance with Schedule 4 (Mandatory Cost formulae).

  • Service with the Company During the Term of this Agreement, Executive agrees to perform such executive employment duties as the Board or the President shall reasonably assign to him from time to time.