Initial Account Funding Sample Clauses

Initial Account Funding. In order to engage in a TRADE (as defined below) you must first transfer TOKENS that are supported by the SERVICES to your ACCOUNT on the EXCHANGE. The SERVICES associated with your ACCOUNT include a wallet service provided by the EXCHANGE (hereinafter, the 'WALLET'). The WALLET will permit you to generate one or more ADDRESSES to which TOKENS may be transferred from an ACCOUNT, WALLET or ADDRESS not hosted or controlled by the EXCHANGE (hereinafter, the 'EXTERNAL ADDRESS'). The EXCHANGE may require that you verify your control over an EXTERNAL ADDRESS or satisfy other verification or screening requirements prior to enabling transfers between the applicable EXTERNAL ACCOUNT and your WALLET or your EXCHANGE ACCOUNT. By default, the EXCHANGE only supports ordinary TOKEN TRANSFERS as described in the BLOCKCHAIN or TOKEN specification; not a third-party SMART-CONTRACT initiated and/or administrator's transfers or any other transfers not fully complying with the ordinary transfers described in the network documentation. All transfers to the EXCHANGE must be performed from your own ADDRESS using standard end-user software. Using third-party services like exchange offices, coin-to- coin exchanges or gateways may result in delays, assets loss or additional costs of asset recovery. Each asset on your EXCHANGE ACCOUNT has its own depositing ADDRESS and a BLOCKCHAIN identifier. Within one BLOCKCHAIN, ADDRESSES may be the same, however, you must get a new ADDRESS exactly for the asset you are going to deposit using TRADING TERMINAL.
Sample 1
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Initial Account Funding. In order to engage in a trade (as defined below) User must first transfer virtual currencies that are supported by the Services to User’s BITEEU Account. The Services associated with User’s BITEEU Account include a wallet service provided by BITEEU and/or third parties involved in process (“Hosted Wallet”). The Hosted Wallet will permit User to generate one or more addresses to which virtual currencies may be transferred from an account, wallet or address not hosted or controlled by BITEEU (“External Account”). The User guarantees BITEEU that all virtual currencies that have deposited to the Hosted Wallet from an External Account comply with all Estonian requirements of anti money laundering and counter-financing of terrorism legislation. BITEEU has right to freeze User's BITEEU Account and all BITEEU Services until User submits all necessary documents verifying User’s source of funds in accordance with applicable legislation..
Sample 1
Initial Account Funding. In order to engage in a trade (as defined below) User must first transfer Digital Asset Trading Facility that are supported by the Services to User’s BITEEU Account. The Services associated with User’s BITEEU Account include a wallet service provided by BITEEU and/or third parties involved in process (“Hosted Wallet”). The Hosted Wallet will permit User to generate one or more addresses to which Digital Asset Trading Facility may be transferred from an account, wallet or address not hosted or controlled by BITEEU (“External Account”). The User guarantees BITEEU that all Digital Asset Trading Facility that have deposited to the Hosted Wallet from an External Account comply with all AFSA and Kazakhstan requirements of anti money laundering and counter-financing of terrorism legislation. BITEEU has right to freeze User's BITEEU Account and all BITEEU Services until User submits all necessary documents verifying User’s source of funds in accordance with applicable legislation..
Sample 1

Related to Initial Account Funding

  • CUSTODIAL ACCOUNTS It is agreed that all accounts opened under the Uniform Gift to Minors Act (UGMA), the Uniform Transfers to Minors Act (UTMA), or similar state statutes will be properly created and that all property so transferred will be done in compliance with such applicable statutes. There will be good faith reliance upon the instructions given, representations made and actions taken by a transferor or custodian. Further, the custodian represents and warrants that the assets in the account belong to the minor and that all such assets, whether or not transferred out of the UGMA or UTMA account, will only be used for the benefit of the minor.

  • Custodial Account Funds in any custodial accounts established by the Servicer and maintained in respect of the REMIC may be invested and, if invested, shall be invested in Eligible Investments selected by the Servicer which shall mature not later than the Business Day immediately preceding the next Remittance Date, and any such Eligible Investment shall not be sold or disposed of prior to its maturity. All such Eligible Investments shall be made in the name of the REMIC or its nominee. All income and gain realized from any such investment shall be, as long as the Servicer is servicing the Mortgage Loans held by the REMIC, for the benefit of the Servicer as additional compensation and shall be subject to its withdrawal or order from time to time. The amount of any losses incurred in respect of any such investments shall be deposited in the relevant account by the Servicer out of its own funds immediately as realized. The foregoing requirements for deposit in such account are exclusive, it being understood and agreed that, without limiting the generality of the foregoing, payments of interest on funds in such account and, as long as the Servicer is servicing the Mortgage Loans held by the REMIC, payments in the nature of prepayment fees, late payment charges, assumption fees or any similar fees customarily associated with the servicing mortgage loans paid by any mortgagor need not be deposited by the Servicer in such account and may be retained by the Servicer as additional servicing compensation. If the Servicer deposits in such account any amount not required to be deposited therein, it may at any time withdraw such amount, any provision herein to the contrary notwithstanding.

  • Interest Bearing Account If the Province provides Funds before the Recipient’s immediate need for the Funds, the Recipient will place the Funds in an interest bearing account in the name of the Recipient at a Canadian financial institution.

  • New Accounts Contractor may ask State Agencies and other Authorized Users to provide information in order to facilitate the opening of a customer account, including documentation of eligibility to use New York State Contracts, agency code, name, address, and contact person. State Agencies shall not be required to provide credit references.

  • Special Account 1. For the purposes of this Schedule:

  • Payment Account (a) On or prior to the Closing Date, the Property Trustee shall establish the Payment Account. The Property Trustee and any agent of the Property Trustee shall have exclusive control and sole right of withdrawal with respect to the Payment Account for the purpose of making deposits in and withdrawals from the Payment Account in accordance with this Trust Agreement. All monies and other property deposited or held from time to time in the Payment Account shall be held by the Property Trustee in the Payment Account for the exclusive benefit of the Securityholders and for distribution as herein provided, including (and subject to) any priority of payments provided for herein.

  • Operating Account To the extent funds are not required to be placed in a lockbox pursuant to any Loan Documents, Property Manager shall deposit all rents and other funds collected from the operation of the Property in a reputable bank or financial institution in a special trust or depository account or accounts for the Property maintained by Property Manager for the benefit of the Company (such accounts, together with any interest earned thereon, shall collectively be referred to herein as the “Operating Account”). Property Manager shall maintain books and records of the funds deposited in and withdrawals from the Operating Account. With funds from Company, Property Manager shall maintain the Operating Account so that an amount at least as great as the budgeted expenses for such month is in the Operating Account as of the first of each month. From the Operating Account, Property Manager shall pay the operating expenses of the Property and any other payments relative to the Property as required by this Agreement. If more than one account is necessary to operate the Property, each account shall have a unique name, except to the extent any Lender requires sub-accounts within any account. Within three (3) months after receipt by Property Manager, all rents and other funds collected in the Operating Account, after payment of all operating expenses, debt service and such amounts as may be determined by the Property Manager to be retained for reserves or improvements, shall be paid to the Company.

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