Common use of MONIES IN THE ACCOUNT(S) Clause in Contracts

MONIES IN THE ACCOUNT(S). 14.1 Subject to compliance with applicable Regulatory Rules, SHKOS shall be entitled to deposit or transfer any monies held in the Account(s) or received for or on the account of Client with or to or interchangeably between one or more segregated account(s) opened and maintained by SHKOS or any member of the Group in Hong Kong or elsewhere each of which shall be designated as a trust account or client account, at one or more authorised financial institution(s) and/or any other person approved by the SFC for the purposes of section 4 of the Securities and Futures (Client Money) Rules (Cap. 571I of Laws of Hong Kong) and/or any other person(s) overseas. Unless otherwise agreed between Client and SHKOS and to the extent permitted by the Laws, any interest accrued on such monies shall belong to SHKOS absolutely.

Appears in 1 contract

Samples: Client Agreement and Schedules

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MONIES IN THE ACCOUNT(S). 14.1 Subject to compliance with applicable Regulatory Rules, SHKOS SHKIS shall be entitled to deposit or transfer any monies held in the Account(s) or received for or on the account of Client with or to or interchangeably between one or more segregated account(s) opened and maintained by SHKOS SHKIS or any member of the Group in Hong Kong or elsewhere each of which shall be designated as a trust account or client account, at one or more authorised financial institution(s) and/or any other person person(s) approved by the SFC for the purposes of section 4 of the Securities and Futures (Client Money) Rules (Cap. 571I of Laws of Hong Kong) and/or any other person(s) overseasoverseas subject to compliance with applicable Regulatory Rules. Unless otherwise agreed in writing between Client and SHKOS and to SHKIS, the extent permitted by the Laws, amount of any interest accrued on such monies shall belong to SHKOS absolutely.represented by or resulting from the difference between:

Appears in 1 contract

Samples: Client Agreement and Schedules

MONIES IN THE ACCOUNT(S). 14.1 Subject to compliance with applicable Regulatory Rules, SHKOS GIHKL shall be entitled to deposit or transfer any monies held in the Account(s) or received for or on the account of Client with or to or interchangeably between one or more segregated account(s) opened and maintained by SHKOS GIHKL or any member of the Group in Hong Kong or elsewhere each of which shall be designated as a trust account or client account, at one or more authorised financial institution(s) and/or any other person approved by the SFC for the purposes of section 4 of the Securities and Futures (Client Money) Rules (Cap. 571I of Laws of Hong Kong) and/or any other person(s) overseas. Unless otherwise agreed between Client and SHKOS GIHKL and to the extent permitted by the Laws, any interest accrued on such monies shall belong to SHKOS GIHKL absolutely.

Appears in 1 contract

Samples: Client Agreement and Schedules

MONIES IN THE ACCOUNT(S). 14.1 Subject to compliance with applicable Regulatory Rules, SHKOS shall be entitled to deposit or transfer any monies held in the Account(s) or received for or on the account of Client with or to or interchangeably between one or more segregated account(s) opened and maintained by SHKOS or any member of the Group in Hong Kong or elsewhere each of which shall be designated as a trust account or client account, at one or more authorised financial institution(s) and/or any other person approved by the SFC for the purposes of section 4 of the Securities and Futures (Client Money) Rules (Cap. 571I of Laws of Hong Kong) and/or any other person(s) overseas. Unless otherwise agreed in writing between Client and SHKOS and to SHKOS, the extent permitted by the Laws, amount of any interest accrued on such monies shall belong to SHKOS absolutely.represented by or resulting from the difference between:

Appears in 1 contract

Samples: Client Agreement and Schedules

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MONIES IN THE ACCOUNT(S). 14.1 Subject to compliance with applicable Regulatory Rules, SHKOS SHKIS shall be entitled to deposit or transfer any monies held in the Account(s) or received for or on the account of Client with or to or interchangeably between one or more segregated account(s) opened and maintained by SHKOS SHKIS or any member of the Group in Hong Kong or elsewhere each of which shall be designated as a trust account or client account, at one or more authorised financial institution(s) and/or any other person person(s) approved by the SFC for the purposes of section 4 of the Securities and Futures (Client Money) Rules (Cap. 571I of Laws of Hong Kong) and/or any other person(s) overseasoverseas subject to compliance with applicable Regulatory Rules. Unless otherwise agreed between Client and SHKOS and to the extent permitted by the LawsSHKIS and, any interest accrued on such monies shall belong to SHKOS SHKIS absolutely.

Appears in 1 contract

Samples: Client Agreement and Schedules

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