English to German Bus/Financial Finance (general)

You hereby also grant to us the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other clients any Collateral we hold for you **whether, to ourselves or to others in satisfaction of our clients’ obligations** to us or such third party.

Diesen Teil verstehe ich nicht wirklich. Kann jemand bei der Übersetzung behilflich sein? Vielen Dank.