Credit and Debit Balances Sample Clauses

Credit and Debit Balances. Whenever there is a credit balance in your Account, the credit balance need not be segregated or held separately. A credit balance may be commingled with our general funds and used for the purposes of our business. You will rely only on our liability in respect of the credit balance. Any debit balance in your Account shall bear interest at such rate as we shall establish from time to time for our customers generally, and we are not obliged to notify you of any change in such rate.
AutoNDA by SimpleDocs
Credit and Debit Balances. Aviso Wealth ensures that any cash, securities, or other property of our clients are held separate from its own and where necessary in trust on behalf of our clients. Any debit balance in your Account shall bear interest at such rate as we shall establish from time to time for our customers generally, and we are not obliged to notify you of any change in such rate. No interest is paid on credit balances.
Credit and Debit Balances. Whenever there is a credit balance in my Account, the credit balance need not be segregated or held separately. A credit balance may be commingled with CFIS general funds and used for the purposes of your business. I will rely only on your liability in respect of the credit balance. Any debit balance in my Account shall bear interest at such rate as we shall establish from time to time for CFIS clients generally, and CFIS is not obliged to notify me of any change in such rate. 5.15
Credit and Debit Balances. Aviso Correspondent Partners ensures that any cash, securities, or other property of its clients are held separate from its own and where necessary in trust on behalf of our clients. You will rely only on our liability in respect of the credit balance. Any debit balance in your Account shall bear interest at such rate as we shall establish from time to time for our customers generally, and we are not obliged to notify you of any change in such rate. No interest is paid on credit balances.

Related to Credit and Debit Balances

  • Credit and Collection Policy The Servicer has complied in all material respects with the Credit and Collection Policy with regard to each Pool Receivable and the related Contracts.

Time is Money Join Law Insider Premium to draft better contracts faster.