NOTICES; CLEARING ARRANGEMENTS Sample Clauses
NOTICES; CLEARING ARRANGEMENTS. You will endeavor to notify me in advance of any calls in my Margin Account and to provide various other notices relating to activities in my accounts. But I understand that you reserve the right to take any necessary or appropriate action with respect to my accounts permitted by this Agreement and/or required by law or regulation without prior notice to me in advance of any such action. I acknowledge and consent that you may, from time to time, monitor and/or electronically record conversations between me/us and your employees or agents for the purpose of quality assurance, employee training, and the mutual protection of both of us. Any such recordings may be offered by you as evidence in any arbitration or other proceedings relating to this agreement. During the term of any clearing agreement between ▇▇▇▇▇▇ and any broker/dealer that is providing ▇▇▇▇▇▇ clearing services, ▇▇▇▇▇▇'▇ rights and benefits (but not its obligations) under this agreement shall inure to any such clearing firm.
NOTICES; CLEARING ARRANGEMENTS. You will endeavor to notify me in advance of any calls in my Margin Account and to provide various other notices relating to activities in my accounts. But, I understand that you reserve the right to take any necessary or appropriate action with respect to my accounts permitted by this Agreement and/or required by law or regulation without prior notice to me in advance of any such action. I acknowledge and consent that you may, from time to time, monitor and/or electronically record conversations between me/us and your employees or agents for the purpose of quality assurance, employee training, and the mutual protection of both of us. Any such recordings may be offered by you as evidence in any arbitration or other proceedings relating to this agreement. During the term of any clearing agreement between ▇▇▇▇▇▇ and any broker/dealer that is providing ▇▇▇▇▇▇ clearing services, ▇▇▇▇▇▇'▇ rights and benefits (but not its obligations) under this agreement shall inure to any such clearing firm. LBF 3025 (10/96) 3 Copy IMPORTANT TAX INFORMATION Under the Interest and Dividend Tax Compliance Act of 1983 you (as a payee) are required to provide us with your correct Taxpayer Identification Number (TIN). If you are an individual, your TIN is your Social Security Number. If you do not provide us with your correct TIN you may be subject to a $50 penalty to the I.R.S. and backup withholding tax, at a rate of 31% on all dividends, interest and other payments made by us to you after January 1, 1984. Even though our records indicate a TIN for your account, you must use the attached form to certify the number as it appears on our files or to furnish us with your correct TIN. Instructions (Section references are to the Internal Revenue Code.) Purpose of Form. A person who is required to file an information return with the IRS must obtain your correct taxpayer identification number (TIN) to report income paid to you, real estate transactions, mortgage interest you paid, the acquisition or abandonment of secured property, or contributions you made to an individual retirement arrangement (▇▇▇). Use Form W-9 to furnish your correct TIN to the requester (the person asking you to furnish your TIN), and, when applicable, (1) to certify that the TIN you are furnishing is correct (or that you are waiting for a number to be issued), (2) to certify that you are not subject to backup withholding, and (3) to claim exemption from backup withholding if you are an exempt payee. Furnishing yo...