Customer Funds. 14.1 The Company shall handle the funds deposited by the Client with the Company in accordance with the provisions of the Client Money Rules set out in the Authorized Persons Regulations. The Client’s funds shall be separated from the Company’s assets unless otherwise provided in this Agreement.
Customer Funds. 62.1 Without prejudice to the provisions of the immediately preceding Section of this Agreement, all Assets (including, without limitation, cash, or only in those instances in which we may agree otherwise, other assets, such as collateral handed over by you to us, or which we hold on your behalf for the provision of our Services (“Customer Funds”), will be held in an account with a reputable custodian, credit institution or bank, or with electronic payment providers/processors approved by us, and will be segregated from our own funds in accordance with the applicable Guidelines. Your Customer Funds may be pooled with the funds of other customers in a general omnibus account.
Customer Funds. During the term of this Agreement and at the times that AT&T contributes marketing funds, Customer will contribute an equal amount of funds for similar marketing activities; provided that funds contributed by Customer may be used to subsidize the price of Wireless Data Units for End Users.
Customer Funds. Customer funds held in the Sweep Destination Account shall be aggregated for purposes of FDIC deposit insurance, subject to the per depositor maximum deposit insurance amount limits for each Aspiration Customer subject to Section 7.7(a) below. Coastal recognizes that all money deposited into the Sweep Destination Account belongs to Aspiration’s Customers and will be kept separate from all other accounts maintained by Coastal for Aspiration; and Coastal will not subject the monies in the Sweep Destination Account to any right, charge, security interest, lien or claim of any kind against Aspiration in favor of Coastal or any person claiming through Coastal.
Customer Funds. Funds held in the Omnibus Account(s) are insured by the FDIC, subject to the per depositor maximum deposit insurance amount limits for each Aspiration Customer. Coastal recognizes that all money deposited into the Omnibus Account(s) belongs to Aspiration’s Customers and will be kept separate from all other accounts maintained by Coastal for Aspiration; and Coastal will not subject the monies in the Omnibus Account(s) to any right, charge, security interest, lien or claim of any kind against Aspiration in favor of Coastal or any person claiming through Coastal.
Customer Funds. All Custodian PEATS Customer funds shall be held by Custodian in accordance with Exchange Act Rule 15c2-4 and be treated as customer funds in accordance with SEC Rule 15c3-3.
Customer Funds. No Customer funds shall be used in the development or procurement of any tangible or intangible materials, or any aspect of the Courses, curriculum or educational materials used in connection with the Education Products and Services Xxxxxxx provides in furtherance of its obligations set forth in the Agreement. Customer funds paid to Xxxxxxx for products delivered and/or services rendered in accordance with the terms of this Agreement shall not be deemed Customer funds once such payment is received by Xxxxxxx.
Customer Funds. 9.1 The Introducer will ensure that all monies provided by the Customer and payment for settlement of transactions executed by Eagle GM Ltd will be paid by the Customer directly to Eagle GM Ltd or to Eagle GM Ltd’s designated segregated bank account(s) or collection agent.
Customer Funds. Seller has made available, as part of the Pre-Closing Statement, estimated balances of “Customer Funds” and “Customer Funds Obligations” as of the Closing Date. Seller and its Affiliates have diligently followed the daily cash reconciliation process, whereby client funds are received and balanced daily. As of the date hereof, the amount of Customer Funds and the amount of Customer Funds Obligations are materially in balance. Seller and its Affiliates have reconciled all unclaimed property in accordance with applicable state escheatment rules and regulations.
Customer Funds. Broker-Dealer shall handle customer funds and securities, if any, in accordance with all applicable statutory and regulatory requirements of the federal and state securities laws and FINRA rules, in particular the net capital and customer protection rules under the federal securities laws.
