Erroneous Distributions. The Customer agrees to promptly return to FTX any assets erroneously distributed to the Customer. In the event that the Customer sells a security prior to its ex-dividend/distribution date, and the Customer receives the related cash/stock dividend or distribution in error, the Customer directs FTX on the Customer’s behalf to pay such dividend/distribution to the entitled purchaser of the securities the Customer sold, and the Customer guarantees to promptly reimburse FTX for, or deliver to FTX, said dividend or distribution.
Appears in 6 contracts
Samples: Capital Markets LLC Customer Agreement, Capital Markets LLC Customer Agreement, Capital Markets LLC Customer Agreement
