Disposition Upon Termination. Upon the termination or expiration of this Agreement, Clearing Broker shall deliver to Correspondent the contents of the Deposit Account and Payment Account on or before the 30th day following said termination or expiration, less any withdrawals or deductions made pursuant to this Agreement, and less any amount Clearing Broker deems appropriate until a final resolution of any open items, claims or proceedings regarding any Account.
Appears in 1 contract
Sources: Fully Disclosed Clearing Agreement (Network 1 Financial Group, Inc.)
Disposition Upon Termination. Upon the termination or expiration of this Agreement, Clearing Broker shall deliver to Correspondent the contents of the Deposit Account and Payment Account on or before the 30th end of the 30-calendar day following said termination or expirationperiod that begins on the 5th business day after the initial transfer of customer accounts to the successor clearing broker-dealer, less any withdrawals or deductions made pursuant to this Agreement, and less any amount Clearing Broker deems appropriate until a final resolution of any open items, claims or proceedings regarding any AccountAccount or claim against Correspondent.
Appears in 1 contract
Sources: Fully Disclosed Clearing Agreement (Baker Global Asset Management Inc.)
Disposition Upon Termination. Upon the termination or expiration of this Agreement, Clearing Broker shall deliver to Correspondent the contents of the Deposit Account and Payment Account on or before the 30th day following of said termination or expiration, less any withdrawals or deductions made pursuant to this Agreement, and less any amount Clearing Broker deems appropriate until a final resolution of any open items, claims or proceedings regarding any Account.
Appears in 1 contract
Sources: Fully Disclosed Clearing Agreement (Paulson Capital Corp)