Termination of PB Terms. BAS may terminate the PB Terms at any time for any reason by giving notice of termination to Customer. In the event of such termination, BAS continues to have its rights under the SEC Letter to cease the clearance and settlement of any transactions for Customer executed but not settled prior to such notice of termination. The PB Terms shall terminate immediately upon the termination of the Account Agreement.
Appears in 3 contracts
Sources: Bas Agreement (Highland Capital Management Lp), Bas Agreement (Highland Capital Management Lp), Bas Agreement (Highland Capital Management Lp)