Common use of PAYMENT BY YOU Clause in Contracts

PAYMENT BY YOU. 3.11.1 Where you have to pay for Securities bought (whether in New Zealand dollars or a foreign currency), you must immediately pay us the full amount required in respect of the relevant Transaction in cleared and immediately available funds, by agreed means. You shall immediately advise us of details of the payment.

Appears in 2 contracts

Samples: somersetsmith.co.nz, somersetsmith.co.nz

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PAYMENT BY YOU. 3.11.1 3.6.1 Where you have to pay for Securities Financial Products bought (whether in New Zealand dollars or a foreign currency), you must immediately pay us the full amount required in respect of the relevant Transaction in cleared and immediately available funds, by agreed means. You shall immediately advise us of details of the payment.

Appears in 1 contract

Samples: Be Provided

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PAYMENT BY YOU. 3.11.1 Where you have to pay for Securities bought (whether in New Zealand dollars or a foreign currency), you must immediately pay us the full amount required in respect of the relevant Transaction in cleared and immediately available funds, by agreed means. You shall immediately advise us of details of the payment. Where payment is not made within the required time, we may exercise the right of setoff herein provided for by clause 3.11.2 against the amount owing.

Appears in 1 contract

Samples: somersetsmith.co.nz

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