Common use of Client Funds Clause in Contracts

Client Funds. Client funds and assets are not held by Graybridge. Graybridge requires that Client funds and assets be held at one of our designated Custodians. Graybridge will assist you in establishing an Account with the Custodian it selects. The agreements that the Client signs when opening their Account will govern their relationship with the Custodian. At any time throughout the term of this Agreement, Graybridge may remove or replace the Custodian. The Custodian will hold the Client's funds and assets, as well as document transactions that occur throughout the duration of the Service. The Client acknowledges that Graybridge is not liable for the obligations of the Custodian or any successor custodian, and that Graybridge and the Custodian have separate agreements with you allocating separate rights and obligations. Clients recognize that the services they get through the Service are sufficient consideration for them to sign into this Agreement and that it is their obligation to keep their Account in good standing. All investment checks must be made payable to the Custodian and transmitted through their website. The transmission of ACH, wire, or other investment funds to Graybridge is prohibited. Graybridge is not liable for the Custodian's actions, conduct, or omissions. Graybridge may not transfer Client funds or assets under the terms of this Agreement except as expressly permitted. If fees are deductible, Graybridge will have restricted custody.

Appears in 3 contracts

Samples: Advisory Agreement, Investment Advisory Agreement, Investment Advisory Agreement

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Client Funds. Client funds and assets are not held by Graybridge. Graybridge requires that Client funds and assets be held at one of our designated Custodianswith a qualified Custodian. Graybridge If applicable, Xxxxxxxxxx will assist you in establishing an Account with the Custodian it selects. The agreements that the Client signs when opening their Account will govern their relationship with the Custodian. At any time throughout the term of this Agreement, Graybridge may remove or replace the Custodian. The Custodian will hold the Client's funds and assets, as well as document transactions that occur throughout the duration of the Service. The Client acknowledges that Graybridge is not liable for the obligations of the Custodian or any successor custodian, and that Graybridge and the Custodian have separate agreements with you allocating separate rights and obligations. Clients recognize that the services they get through the Service are sufficient consideration for them to sign into this Agreement and that it is their obligation to keep their Account in good standing. All investment checks must be made payable to the Custodian and transmitted through their websitethe designated Custodian. The transmission of ACH, wire, or other investment funds to Graybridge is prohibited. Graybridge is not liable for the Custodian's actions, conduct, or omissions. Graybridge may not transfer Client funds or assets under the terms of this Agreement except as expressly permitted. If fees are deductible, Graybridge Xxxxxxxxxx will have restricted custody.

Appears in 1 contract

Samples: Advisory Agreement

Client Funds. Client funds and assets are not held by Graybridge. Graybridge requires that Client funds and assets be held at one of our designated Custodians. Graybridge Xxxxxxxxxx will assist you in establishing an Account with the Custodian it selects. The agreements that the Client signs when opening their Account will govern their relationship with the Custodian. At any time throughout the term of this Agreement, Graybridge may remove or replace the Custodian. The Custodian will hold the Client's funds and assets, as well as document transactions that occur throughout the duration of the Service. The Client acknowledges that Graybridge is not liable for the obligations of the Custodian or any successor custodian, and that Graybridge and the Custodian have separate agreements with you allocating separate rights and obligations. Clients recognize that the services they get through the Service are sufficient consideration for them to sign into this Agreement and that it is their obligation to keep their Account in good standing. All investment checks must be made payable to the Custodian and transmitted through their website. The transmission of ACH, wire, or other investment funds to Graybridge is prohibited. Graybridge is not liable for the Custodian's actions, conduct, or omissions. Graybridge may not transfer Client funds or assets under the terms of this Agreement except as expressly permitted. If fees are deductible, Graybridge Xxxxxxxxxx will have restricted custody.

Appears in 1 contract

Samples: Advisory Agreement

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Client Funds. Client funds and assets are not held by Graybridge. Graybridge requires that Client funds and assets be held at one of our designated Custodianswith a qualified Custodian. Graybridge If applicable, Xxxxxxxxxx will assist you in establishing an Account with the Custodian it selects. The agreements that the Client signs when opening their Account will govern their relationship with the Custodian. At any time throughout the term of this Agreement, Graybridge may remove or replace the Custodian. The Custodian will hold the Client's funds and assets, as well as document transactions that occur throughout the duration of the Service. The Client acknowledges that Graybridge is not liable for the obligations of the Custodian or any successor custodian, and that Graybridge and the Custodian have separate agreements with you allocating separate rights and obligations. Clients recognize that the services they get through the Service are sufficient consideration for them to sign into this Agreement and that it is their obligation to keep their Account in good standing. All investment checks must be made payable to the Custodian and transmitted through their websitethe Platform. The transmission of ACH, wire, or other investment funds to Graybridge is prohibited. Graybridge is not liable for the Custodian's actions, conduct, or omissions. Graybridge may not transfer Client funds or assets under the terms of this Agreement except as expressly permitted. If fees are deductible, Graybridge Xxxxxxxxxx will have restricted custody.

Appears in 1 contract

Samples: Advisory Agreement

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