8. Payment or Settlement
You agree that:
a) If you have been sent a Confirmation in relation to a purchase of securities and you fail to meet your settlement obligations in accordance with the terms stated in the Confirmation, then we may, at any time after the settlement date stated in the Confirmation and without further demand, sell the securities the subject of the Confirmation at your risk and expense, which expense may include brokerage and GST; and
b) If we have been sent a Confirmation in relation to a sale of securities and you fail to meet your settlement obligations in accordance with the terms stated in the confirmation, then we may, at any time after the settlement date stated in the confirmation and without further demand, buy the securities the subject of the Confirmation at your risk and expense, which expense may include brokerage and GST.