Common use of Dealing with the Account Clause in Contracts

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.

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, 12 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.

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 12 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.