Unless the Bank otherwise agrees, the Bank will effect orders for the acquisition of Assets (on behalf of the Client or on the instructions of the Client or otherwise) only if the Client has sufficient funds in the Account, or the Client has otherwise arranged in advance to make sufficient funds available, for such acquisition and related costs, expenses and amounts. The Bank will only effect orders for the disposal of Assets if such Assets are in the Client’s Account free of all liens and encumbrances whatsoever. Unless the Bank agrees otherwise, orders given are good only for the day. The agreement of the Bank to enter into any Transaction for the Client’s account is subject to the Client giving any warranties and indemnities requested by the Bank in relation to such Transaction. If there is any shortfall of funds, the Bank reserves the right (but is not obliged), to sell or liquidate the Assets which the Client had contracted to buy at such price and in such quantities as the Bank may in its sole discretion think fit and recover from the Client any loss suffered or incurred by the Bank without any prejudice to any other right which the Bank may have against the Client. In the event that the Client does not own sufficient Assets which the Client has contracted to sell, the Bank reserves the right (but is not obliged) to buy-in the Assets and/or to recover losses and penalty charges, if any, from the Client.