MONEYS IN THE ACCOUNT Sample Clauses

MONEYS IN THE ACCOUNT. Any moneys held for you, other than cash to be on-paid in settlement of transactions for your Account or to you, will be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time. SoFi HK may at its option retain all interest accrued on such amounts held by SoFi HK for or on account of you or pay to you (either by way of accrual in the Account or otherwise determined by SoFi HK) interest on such amounts at such rate as it may in its discretion determine and notify to you (whether in writing, verbally or through the Internet).
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MONEYS IN THE ACCOUNT. 8.1 CHKLS shall deposit all money received from or on the behalf of or held for the Client in one or more segregated account(s) for client money which is designated as a trust account or client account and established and maintained by CHKLS with an authorized financial institution or any other SFC approved person pursuant to Rule 4 of the Client Money Rules, unless otherwise excepted thereunder. Unless otherwise agreed between the Client and CHKLS, any interest from time to time accrued on any monies held in or for the Account shall belong to CHKLS absolutely.
Sample 1
MONEYS IN THE ACCOUNT. 8.1 All monies, securities or other property received by BOCOM from the Client or from any other person (including a clearing house) for the account of the Client shall be held by BOCOM as trustee, segregated from BOCOM’s own assets, and that all such monies, securities or other property so held by BOCOM shall not form part of the assets of BOCOM for insolvency or winding up purposes but shall be returned to the Client promptly upon the appointment of a provisional liquidator, liquidator or similar officer over all or any part of the BOCOM’s business or assets.
Sample 1
MONEYS IN THE ACCOUNT. 10.1 All moneys held in Hong Kong for or on account of me/us shall be deposited by you in one or more trust account(s) or client account(s) at one or more authorised institutions (as defined in the Banking Ordinance) or as otherwise permitted under the Laws. I/We authorise and instruct you to maintain such accounts and deal with the moneys contained in such accounts in accordance with the Laws.
Sample 1

Related to MONEYS IN THE ACCOUNT

  • The Account 1. AEME is fully authorized to manage and operate the Card Account and to debit all Charges, Transactions made on the Card or any Supplementary Card, fees and other amounts for all of which the Cardmember shall be liable. The Cardmember irrevocably undertakes and promises to pay to AEME all Charges and amounts debited to or outstanding on the Card Account including Charges incurred on any Supplementary Card whether or not a record of the Charge or Transaction has been issued and or signed at the Service Establishment.

  • Investment in the Trust Investments may be accepted by the Trust from such Persons, at such times, on such terms, and for such consideration, which may consist of cash or tangible or intangible property or a combination thereof, as the Trustees from time to time may authorize. At the Trustees’ sole discretion, such investments, subject to applicable law, may be in the form of cash or securities in which the affected Portfolio is authorized to invest, valued as provided in applicable law. Each such investment shall be recorded in the individual Shareholder’s account in the form of full and fractional Shares of the Trust, in such Portfolio (or Class) as the Shareholder shall select. The Trustees and their authorized agents shall have the right to refuse to issue Shares to any Person at any time and for any reason.

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