Dollar Account Clause Samples
The Dollar Account clause establishes that all payments, settlements, or financial calculations under the agreement will be made in U.S. dollars and typically specifies the account or bank where such payments should be directed. In practice, this clause may identify a particular bank account, often located in the United States or another agreed jurisdiction, to which all dollar-denominated funds must be transferred. By clearly designating the currency and account for transactions, the clause eliminates ambiguity regarding payment logistics and helps prevent disputes over currency conversion or payment destination.
Dollar Account. Where the proposed advance is requested by the Borrower through a draw down notice, the said advance shall be made as follows:
Dollar Account. Name Title Signature BANK MANDATE - GRANITE 03-2 EURO ACCOUNT Resolution of the Board of Directors of GRANITE MORTGAGES 03-2 PLC (the "COMPANY") At a meeting of the Board of Directors of the Company held at Fifth Floor, 100 Wood Street, London EC2V 7EX, London on 15 May, ▇▇▇▇: ▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇:
Dollar Account. A Borrower shall not in any Borrowing Notice select an Interest Period which conflicts with the definition of Interest Period specified in Section 1.1 or with the repayments provided in Section 2.5.
Dollar Account. If you have removed the overpayment of funds or Securities or uncollected fee from your Schwab Hong Kong U.S. Dollar Account, you agree to return the full amount of the overpay- ment or uncollected fee upon demand by us or the Clearing Broker, notwithstanding any oral representations made by any Schwab Hong Kong representative to the contrary. If you fail to do so, you will become liable to Schwab Hong Kong or the Clearing Broker not only for the amount of the overpayment or uncollected fee, but also for the interest and expenses associated with its recovery. If the Clearing Broker, at its discretion, accepts an order when your account does not have sufficient funds or equivalent market value of securities to meet the settlement obligation of a trade, you agree to be responsible for full payment or delivery of securities, and for all costs, debits, commissions and losses (whether direct or consequential arising from any actions of the Clearing Broker) incurred to close any transactions in your account. For our protection against credit risk and other conditions, we or the Clearing Broker may, without prior notice, decline, cancel or reverse your orders or instructions, or we or the Clearing Broker may place trading, disburse- ment and other restrictions on your account. 買賣指示之繳足款項;付款、股票存放、結算及平倉 閣下之香港嘉信理財美元帳戶必須存有足夠資金或具相等市值之證券，方被獲接納就該帳戶所作出之買賣指示。我方須收取全部款項方會接納閣下之買賣指示。閣下授權結算經紀可動用閣下香港嘉信理財美元帳戶內存有的資金進行交易結算。當閣下發出出售長倉證券之買賣指示時，閣下必須擁有該證券。閣下亦同意於賣出指示獲接納前作出證券之妥實交付。為求保障我方(或結算經紀)或令閣下向我方清償承擔，我方(或結算經紀) 可有酌情權及不需作出事先要求或通知，出售或以其他方式結算閣下香港嘉信理財美元帳戶內所有或任何部份證券及其他財產用作清償承擔或結束任何或所有交易。閣下須明白，如閣下以電子或其他自動方式作出交易指令，卻未有履行上述的條件，則我方將不會執行該指令，即使該等電子或自動系統顯示該指令已被執行。 例如，倘閣下出售證券時未有妥實交付出售的證 券，或是在購買時未能繳付十足的買價，我方可指示結算經紀(或結算經紀可單獨)採取適當的行動以完成、取消或還原該宗交易，該等行動可能包括購買或借入完成交付所需的證券。 閣下須承擔所有結算經紀因終止閣下的香港嘉信理財美元帳戶中的任何或所有交易，或是因閣下未能及時妥實交付證券直接或間接所引致的費用、借額、佣金及損失。未妥實交付包括閣下存放的證券事後被發現是受限制、被撤銷、已報失或遭盜竊或有其他因由而不能自由轉讓。香港嘉信理財(或結 算經紀) 有權將閣下享有權益的任何經紀帳戶中的證券和其他財產轉移往閣下享有權益的其他經紀帳戶，以填補該帳戶中的短欠數額或我方認為閣下任何該等帳戶內的承擔未有充份抵押。若閣下知道或懷疑閣下已多收款項或證券，或若閣下知道或懷疑閣下香港嘉信理財美元帳戶未被扣除閣下所引致的任何費用，閣下同意於閣下知悉有關多存入或未被收取費用的情況後盡快以書面通知我方。閣下亦同意不會從香港嘉信理財美元帳戶提走多存入的資金或證券或未被收取的費用。 若閣下已從閣下香港嘉信理財美元帳戶提走多存入的資金或證券或未被收取的費用，閣下同意按我方或結算經紀的要求全數退還多存入的資金或證券或未被收取的費用，而不論任何香港嘉信理財的代表是否曾作出任何相反的口頭陳述。若閣下未有退還，閣下將須對香港嘉信理財或結算經紀承擔多存入的款額或未被收取的費用以及與追討此等款額或費用有關的利息及開支。 若結算經紀自行決定，即使閣下的帳戶沒持有足夠的資金或相等市值之證券承擔交收責任、也接受 買賣指示，則閣下同意全數付清或全數交付證券，以及承擔所有因終止閣下帳戶中的任何交易所引致的費用、借額、佣金及損失(無論損失是直接或間接因結算經紀的任何行為而引起)。 為了抵消信貸風險及其他情況，我方或結算經紀有權在未有事先通知的情況下拒絕執行、取消或還原閣下的指令或指示，或是對閣下的帳戶施加買賣、支付或其他限制。 Custody of Securities and Other Pr...
Dollar Account. The Borrower shall:
(a) on or before the Drawdown Date, open the Dollar Account, and unless otherwise required or agreed by the Lender, maintain such accounts throughout the Loan Period, pursuant to this Agreement;
(b) procure that all monies payable to it in respect of the Earnings of the Vessel shall, unless provided for otherwise under the Finance Documents, be paid to the Dollar Account; and
(c) in the event of any Event of Default, procure all monies payable to it in respect of the Earnings of the Vessel to be paid to the order of the Lender.