Common use of Payment Settlement Clause in Contracts

Payment Settlement. All requests that the Investor authorizes will be processed with the understanding that the Investor will pay for any purchase/subscription on or before the settlement date. This can be exercised by replenishing the Cash Account beforehand. All sell or gift orders that the Investor places will be for Securities that the Investor owns at the time the Investor places the order.

Payment Settlement. All requests that the Investor authorizes will be processed with the understanding that the Investor will pay for any purchase/subscription on or before the settlement date. This can be exercised by replenishing the Cash Account beforehand. All sell sell, receive or gift orders that the Investor places will be for Securities Investment Objects that the Investor owns at the time the Investor places the order.

Payment Settlement. All requests that the Investor authorizes will be processed with the understanding that the Investor will pay for any purchase/subscription purchase on or before the settlement date. This can be exercised by replenishing the Cash Account beforehand. All sell or gift orders that the Investor places will be for Securities that the Investor owns at the time the Investor places the order.