Currency Ledgers Sample Clauses

Currency Ledgers. Each Account may operate several Currency Ledgers. This means that money may be paid into the Account in several different Currencies and any net balances will be reported in the corresponding Currency Ledger. MTC will generally settle trades in the relevant Currency where an appropriate ledger exists, except that where such Currency balance in that ledger is insufficient, MTC may settle trades in any Currency Ledger. However, MTC will report all sums due to or from MTC in the Base Currency at market rates as provided in our trading system at the time of the daily rollover. At any time, the Client may request amounts to be converted into the Client’s Base Currency at the relevant exchange rate as quoted by MTC and MTC reserves the right to convert into Base Currency only where any Currency Ledger balance falls below US$200 or its currency equivalent.
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Currency Ledgers. Each Account may operate several Currency Ledgers. This means that money may be paid into the Account in several different Currencies and any net balances will be reported in the corresponding Currency Ledger. SMFX will generally settle trades in the relevant Currency where an appropriate ledger exists, except that where such Currency balance in that ledger is insufficient, SMFX may settle trades in any Currency Ledger. However, SMFX will report all sums due to or from SMFX in the Base Currency at market rates as provided in our trading system at the end of the trading day. At any time, the Client may request amounts to be converted into the Client’s Base Currency at the relevant exchange rate as quoted by SMFX and SMFX reserves the right to convert into Base Currency only where any Currency Ledger balance falls below US$200 or its currency equivalent.
Sample 1Sample 2
Currency Ledgers. Each Account may operate several Currency Ledgers. This means that money may be paid into the Account in several different Currencies and any net balances will be reported in the corresponding Currency Ledger. DTS LLC will generally settle trades in the relevant Currency where an appropriate ledger exists, except that where such Currency balance in that ledger is insufficient, DTS LLC may settle trades in any Currency Ledger. However, DTS LLC will report all sums due to or from DTS LLC in the Base Currency at market rates as provided in our trading system at the end of the trading day. At any time, the Client may request amounts to be converted into the Client’s Base Currency at the relevant exchange rate as quoted by DTS LLC and DTS LLC reserves the right to convert into Base Currency only where any Currency Ledger balance falls below US$200 or its currency equivalent.
Sample 1
Currency Ledgers. Each Account may operate several Currency Ledgers. This means that money may be paid into the Account in several different Currencies and any net balances will be reported in the corresponding Currency Ledger. Fidelcrest will generally settle trades in the relevant Currency where an appropriate ledger exists, except that where such Currency balance in that ledger is insufficient, Fidelcrest may settle trades in any Currency Ledger. However, Fidelcrest will report all sums due to or from Fidelcrest in the Base Currency at market rates as provided in our trading system at the end of the trading day. At any time, the Client may request amounts to be converted into the Client’s Base Currency at the relevant exchange rate as quoted by Fidelcrest and Fidelcrest reserves the right to convert into Base Currency only where any Currency Ledger balance falls below US$100 or its currency equivalent.
Sample 1
Currency Ledgers. Each Account may operate several Currency Ledgers. This means that money may be paid into the Account in several different Currencies and any net balances will be reported in the corresponding Currency Ledger. Lucror will generally settle trades in the relevant Currency where an appropriate ledger exists, except that where such Currency balance in that ledger is insufficient, Lucror may settle trades in any Currency Ledger. However, Lucror will report all sums due to or from Lucror in the Base Currency at market rates as provided in our trading system at the end of the trading day. At any time, the Client may request amounts to be converted into the Client’s Base Currency at the relevant exchange rate as quoted by Lucror and Lucror reserves the right to convert into Base Currency only where any Currency Ledger balance falls below US$200 or its currency equivalent.
Sample 1
Currency Ledgers. Each Account may operate several Currency Ledgers. This means that money may be paid into the Account in several different Currencies and any net balances will be reported in the corresponding Currency Ledger. LCM will generally settle trades in the relevant Currency where an appropriate ledger exists, except that where such Currency balance in that ledger is insufficient, LCM may settle trades in any Currency Ledger. However, LCM will report all sums due to or from LCM in the Base Currency at market rates as provided in our trading system at the end of the trading day. At any time, the Client may request amounts to be converted into the Client‟s Base Currency at the relevant exchange rate as quoted by LCM and LCM reserves the right to convert into Base Currency only where any Currency Ledger balance falls below US$200 or its currency equivalent.
Sample 1

Related to Currency Ledgers

  • Overdrafts The Trust is responsible for maintaining an appropriate level of short term cash investments to accommodate cash outflows. The Trust may obtain a formal line of credit for potential overdrafts of its custody account. In the event of an overdraft or in the event the line of credit is insufficient to cover an overdraft, the overdraft amount or the overdraft amount that exceeds the line of credit will be charged in accordance with the fee schedule set forth on Exhibit C hereto (as amended from time to time)

  • Foreign Currency The term “

  • Interest on Deposit Liabilities The Assuming Institution agrees that, from and after Bank Closing, it will accrue and pay interest on Deposit liabilities assumed pursuant to Section 2.1 at a rate(s) it shall determine; provided, that for non-transaction Deposit liabilities such rate(s) shall not be less than the lowest rate offered by the Assuming Institution to its depositors for non-transaction deposit accounts. The Assuming Institution shall permit each depositor to withdraw, without penalty for early withdrawal, all or any portion of such depositor's Deposit, whether or not the Assuming Institution elects to pay interest in accordance with any deposit agreement formerly existing between the Failed Bank and such depositor; and further provided, that if such Deposit has been pledged to secure an obligation of the depositor or other party, any withdrawal thereof shall be subject to the terms of the agreement governing such pledge. The Assuming Institution shall give notice to such depositors as provided in Section 5.3 of the rate(s) of interest which it has determined to pay and of such withdrawal rights.

  • Currencies 46.1 All payments shall be made in Indian Rupees.

  • Canadian Dollars All references herein to dollar amounts are to lawful money of Canada.

  • Overdraft In the event that the Custodian is directed by Proper Instructions to make any payment or transfer of funds on behalf of a Fund for which there would be, at the close of business on the date of such payment or transfer, insufficient funds held by the Custodian on behalf of such Fund, the Custodian may, in its discretion, provide an overdraft ("Overdraft") to the Fund (such Fund being referred to herein as an "Overdraft Fund"), in an amount sufficient to allow the completion of such payment or transfer. Any Overdraft provided hereunder: (a) shall be payable on the next Business Day, unless otherwise agreed by the Overdraft Fund and the Custodian; and (b) shall accrue interest from the date of the Overdraft to the date of payment in full by the Overdraft Fund at a rate agreed upon in writing, from time to time, by the Custodian and the Overdraft Fund. The Custodian and the Funds acknowledge that the purpose of such Overdrafts is to temporarily finance the purchase or sale of securities for prompt delivery in accordance with the terms hereof. The Custodian hereby agrees to notify each Overdraft Fund by 3:00 p.m., New York time, of the amount of any Overdraft. Provided that Custodian has given the notice required by this subparagraph (f), the Funds hereby agree that, as security for the Overdraft of an Overdraft Fund, the Custodian shall have a continuing lien and security interest in and to all interest of such Overdraft Fund in Securities whose purchase is financed by Custodian and which are in Custodian's possession or in the possession or control of any third party acting on Custodian's behalf and the proceeds thereof. In this regard, Custodian shall be entitled to all the rights and remedies of a pledgee under common law and a secured party under the New York Uniform Commercial Code and any other applicable laws or regulations as then in effect."

  • Accounts In any litigation or arbitration proceedings arising out of or in connection with a Finance Document, the entries made in the accounts maintained by a Finance Party are prima facie evidence of the matters to which they relate.

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

  • MEMBER'S ACCOUNTS The Member will maintain separate capital and distribution accounts. The Member's capital account will be determined and maintained in the manner set forth in Treasury Regulation 1.704-1(b)(2)(iv), each capital account will consist of the Member’s initial capital contribution:

  • ISLAMIC ACCOUNTS 25.1 In the event that Customer, due to its observance of Islamic religious beliefs cannot receive or pay interest, Customer may elect to designate, in the manner provided by AvaTrade, its trading account to be an Islamic Account, which is not charged with, or entitled to, overnight interest and/or rollovers.

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