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Common use of CLIENT FUNDS Clause in Contracts

CLIENT FUNDS. All client funds shall be handled by the Purchaser or Protective Payee. The Provider shall not handle client funds.

Appears in 24 contracts

Sources: Purchase of Service Contract, Purchase of Service Contract, Purchase of Service Contract

Related Clauses

  • Non-Sufficient Funds
  • Insufficient Funds
  • Settlement Funds
  • Customer Accounts
  • Sufficient Funds

Parent Clauses

  • Representations and Warranties
  • Availability of Online System
  • Settlement
  • Forward Contracts
  • Other Proceedings

Sub-Clauses

  • Freezing or Blocking Transactions
  • Unclaimed Funding Balance
  • Funds Applied to Client’s Funding Balance
  • Repayment on termination
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