Failure of a Customer to Perform Obligations. Any failure by any of Broker’s customers to perform any commitment or obligation with respect to a transaction carried by First Clearing (including, but not limited to, transactions in which the customer may have been “unjustly enriched”) under this Agreement, whether or not such failure was under the control of Broker.
Appears in 2 contracts
Sources: Fully Disclosed Clearing Agreement, Fully Disclosed Clearing Agreement (Summit Financial Services Group Inc)