Margin Account vs Securities Account Clause Samples

Margin Account vs Securities Account. A Securities Account, in contrast to a Margin Account, does not involve SMF Facilities. If the Client does not require SMF Facilities or does not wish for the Margin to be lent or repledged by the Company, the Client should not sign the relevant standing authorities and should not ask the Company to open a Margin Account. If the Client refuses to provide the relevant standing authorities or such authorization lapses, the Company will not open Margin Account for you or cancel your previous Margin Account (as the case may be).
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Margin Account vs Securities Account. A Securities Account, in contrast to a Margin Account, does not involve SMF Facilities. If the Client does not require SMF Facilities or does not wish for the Margin to be lent or charged by the Company, the Client should not sign the relevant standing authorities and should not ask the Company to open a Margin Account. This Appendix governs the Company's provision of services in relation to Applications (as defined below) and IPO Loans (as defined below). It supplements, and should be read together with, the Terms and any other terms and conditions governing the services provided by the Company, as they may be amended from time to time. It forms an integral part of the Agreement.
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Related to Margin Account vs Securities Account

  • Securities Account All Permitted Investments have been and will be credited to a Securities Account. The securities intermediary for each Securities Account has agreed to treat all assets credited to the Securities Accounts as “financial assets” within the meaning of the applicable UCC.

  • Deposit Accounts and Securities Accounts Set forth on Schedule 4.15 (as updated pursuant to the provisions of the Security Agreement from time to time) is a listing of all of the Loan Parties’ and their Subsidiaries’ Deposit Accounts and Securities Accounts, including, with respect to each bank or securities intermediary (a) the name and address of such Person, and (b) the account numbers of the Deposit Accounts or Securities Accounts maintained with such Person.