Common use of Account Termination Clause in Contracts

Account Termination. This Agreement will continue in effect until terminated by either party account at any time. Termination of this Agreement will not affect (i) the validity of any action previously taken by Revolut Wealth under this Agreement; (ii) liabilities or obligations of the parties from transactions initiated before termination of this Agreement; or (iii) Client’s obligation to pay advisory fees (prorated through the date of termination). Upon the termination of this Agreement, Revolut Wealth will have no obligation to recommend or take any action with regard to the cash in the Account. If this Agreement is terminated, Revolut Wealth's fee will be prorated for the month that the termination notice is given, and any unearned fees will be returned to Client. If at any time Revolut Wealth receives or develops information indicating that Client no longer resides in the United States, we will restrict or close the account, at our discretion. Client may provide, or be asked to provide documentation of a claim of continued permanent residency in the United States for purposes of lifting such restriction. If restriction is not resolved within 60 days, Revolut Wealth will liquidate all positions and terminate this Agreement.

Appears in 4 contracts

Samples: Client Advisory Agreement, Client Advisory Agreement, Client Advisory Agreement

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