BUX B Clause Samples

BUX B. V., a public limited company incorporated under Dutch law that has its registered office in Amsterdam and is registered in the Trade Register of the Chamber of Commerce under number 58403949, hereinafter referred to as ‘BUX’; and if and as soon as you open a crypto account with BUX Alternative Investments B.V.,

BUX B. V., a public limited company under Dutch law and with its registered office in Amsterdam, registered in the Commercial Register of the Chamber of Commerce under number 58403949, hereinafter referred to as the "BUX". You hold a securities account with BUX and in connection therewith open a Cash Trading Account ("CTA") with us. In this CTA Client Agreement you, BUX and us record arrangements concerning this CTA. This CTA Client Agreement must be read in conjunction with amongst others the CTA General Terms and Conditions. The arrangements included in these documents assume the following: • You have established a service provision relationship with BUX. You will open a CTA with us in connection therewith. By means of this CTA you place your cash that is meant for the execution of Transactions with a supervised bank. We act as if we were the custodian of your cash. • You will establish a legal relationship with us by opening a CTA. The agreements made in this connection are listed in this CTA Client Agreement. • In principle all communication concerning your CTA takes place via BUX. You may contact to BUX if you wish to give instructions or require information. You can view the balance in your CTA via your BUX Account. BUX is responsible for the correctness of this information. • You will get a claim against us in the amount of the credit balance in your CTA. In the event the balance shown in your BUX Account deviates from the balance administered by us, the latter balance will be decisive. • The CTA is not a payment account. Your CTA is intended exclusively for the execution of Transactions. In addition, you can Make a deposit to the CTA via the payment module offered by a payment service provider appointed by BUX or from your Contra Account. You can also transfer (part of) the balance in the CTA to your Contra Account. You cannot use the CTA for other purposes. • The CTA cannot have a negative balance. You can only perform Transactions if the CTA contains a sufficient balance.