Common use of WHAT ACTION MAY WE TAKE Clause in Contracts

WHAT ACTION MAY WE TAKE. If an Event of Default occurs, we may take all or any of the following actions: (a) immediately require payment of any amount due to us; (b) terminate this Client Agreement; (c) suspend your Account; (d) call on any guarantee in respect of your obligations; (e) combine, close or consolidate any of the Accounts and offset any and/or amounts owed to, or by, us in such manner as we may in our absolute discretion determine; or (f) retain any amount owed by us to you against any contingent liability of yours to us or so long as the contingency subsists.