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Common use of Debit Balance Clause in Contracts

Debit Balance. An account balance representing money owed us or our clearing correspondent, Pershing, LLC. (“Pershing”). ▇.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement

Parent Clauses

  • Compensation
  • Price and Payment
  • Regulatory Agency or Weather-Related Reductions in Committed Purchased Quantity
  • SAWS’ Participation in Permit Process
  • Account-Level Accounting; Balancing Credits and Debits

Sub-Clauses

  • Judicial Review of Award
  • Waiver of Litigation
  • Extraordinary Relief
  • No Condition Precedent to Action and Power of Arbitrators
  • Beneficiaries
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