Client Assets. 4.1 Your funds will be at all times segregated from our funds as provided for in the Applicable Regulations. In case of our insolvency, your funds will not form a part of our proprietary assets under the Applicable Regulations or the laws of Mauritius on insolvency.
Client Assets. Client is the sole owner of all assets in the Account and (i) there are no restrictions on the transfer, sale or public distribution of any such assets and (ii) no option, lien, charge, security or encumbrance exists over such assets, except as disclosed to Manager in writing.
Client Assets. We are the sole owner of all Account Assets and (1) there are no restrictions on the transfer, sale or public distribution of any such Account Assets and (2) no option, lien, charge, security or encumbrance exists over such Account Assets, except as described to you in writing.
Client Assets. We are an approved bank. We will hold your money as banker, rather than as trustee. The protections provided under the Financial Conduct Authority rules on client money will not apply to your money that is held by us. In the unlikely event of the failure of Commerzbank AG, the FCA client money distribution rules will also not apply to your money that we hold and you will not be entitled to share in any distribution made under these rules. However, the protections under the UK Financial Services Compensation Scheme and/or the Einlagensicherungsfonds [Deposit Protection Fund of the Federation of German Banks, ESF] and/or the Entschädigungseinrichtung deutscher Banken [Compensation Scheme of German Banks, EdB] may apply.”
Client Assets. 4.1 Your funds will be at all times segregated from our funds as provided for in the Applicable Regulations. In case of our insolvency, your funds will not form a part of our proprietary assets under the Applicable Regulations or the laws of Saint Xxxxxxx and the Grenadines on insolvency.
Client Assets. (i) The following provisions set out the terms and conditions of our custody services. Please refer to the Client Assets Key Information Document (“CAKID”), which has been provided to you separately. The objective of the CAKID is to provide you with important information (in addition to that set out in the Customer Agreement) to help you understand how and where Client funds and Client financial instruments (together, “Client Assets”) will be held by IBIE, and to highlight the associated risks.
Client Assets. 20.1. Where your purchase Instruments which require to be held with a custodian (“Custody Assets”), you agree that we will arrange for a custodian to be appointed to safeguard and administer the Custody Assets and to otherwise act as custodian of the Custody Assets. We will not be responsible for the solvency, acts or omissions of any custodian with which the Custody Assets are held except where we have acted negligently, fraudulently or in willful default in relation to the appointment of a custodian. Consequently, if the custodian becomes insolvent, there may be some risk to your Custody Assets.
Client Assets. 4.1 Your funds will be at all times segregated from our funds as provided for in the Applicable Regulations. In case of our insolvency, your funds will not form a part of our proprietary assets under the Applicable Regulations or the laws of Kenya on insolvency.
Client Assets. Client represents and warrants to Company that: (a) it owns all rights in and to the Client Assets necessary in order for Company to be able to perform each and all of its required Services hereunder without seeking or obtaining the consent of any third party; and (b) Company’s use of the Client Assets in connection with the Services and Deliverables will not violate or infringe the copyright, trademark, service xxxx, patent, trade secret, privacy, publicity or any other intellectual property or proprietary rights of any third party. Within the thirty-day period following the completion and delivery of the finished masters, Client may request that all assets and elements owned by Client be returned to Client at Client’s expense and in the manner solely determined by Client. Company agrees to return all assets and elements requested within 15 days upon confirmation of final payment clearance at Company’s financial institution. Company retains the right to hold all Services and Deliverables until confirmation of clearance of final payment is received.
