Interest On Trust Money Sample Clauses

Interest On Trust Money. 3.1 Galaxy International Securities has the right to retain for itself any and all interest accrued on any amount in any trust account or any account established by Galaxy International Securities for the Securities Cash Account unless the Client is notified by Galaxy International Securities to the contrary. Any interest earned will be at such rate and on such terms as may be determined by Galaxy International Securities from time to time. PART D – ADDITIONAL TERMS FOR SECURITIES MARGIN ACCOUNT OPENED WITH GALAXY INTERNATIONAL SECURITIES
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Interest On Trust Money. 3.1 West Bull Securities has the right to retain for itself any and all interest accrued on any amount in any trust account or any account established by West Bull Securities for the Securities Cash Account unless the Client is notified by West Bull Securities to the contrary. Any interest earned will be at such rate and on such terms as may be determined by West Bull Securities from time to time.
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Related to Interest On Trust Money

  • Interest on Deposits Any interest earned on cash deposits will be credited to CLEC in the amount actually earned or at the rate set forth in Section 8.7 below, whichever is lower, except as otherwise required by law, provided that, for elimination of doubt, the Parties agree that such deposits are not subject to state laws or regulations relating to consumer or End User Customer cash deposits. Cash deposits and accrued interest, if applicable, will be credited to CLEC's account or refunded, as appropriate, upon the earlier of the expiration of the term of this Agreement or the establishment of satisfactory credit with Qwest, which will generally be one full year of consecutive timely payments of undisputed amounts in full by CLEC. Upon a material change in financial standing, CLEC may request, and Qwest will consider, a recalculation of the deposit. The fact that a deposit has been made does not relieve CLEC from any requirements of this Agreement.

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