Pershing Sample Clauses

Pershing. Pershing represents and warrants that: 4.2.1 CORPORATION DULY ORGANIZED. ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ Securities Corporation ("DLJ") is a corporation duly organized, validly existing, and in good standing under the laws of the state of Delaware.

Pershing. Pershing is the custodian for your Account(s). Pershing provides custodial statements at least quarterly for each Account(s). Consolidated performance reporting is available on-line through the Investor Portal. See below for more information.

Pershing. Pershing is carrying Your accounts as clearing broker pursuant to a clearing agreement with Your Introducing Financial Organization (defined below). Pershing has arranged with Administrator (defined below) and Bank (defined below) for the issuance of Check writing privileges and Visa® cards to its Introducing Financial Organizations’ clients. In addition, Pershing has arranged with Administrator and CheckFree (defined below) for the provision of BillSuite™ Services (defined below) to its Introducing Financial Organizations’ clients. Bank, Administrator and CheckFree. Bank is responsible for issuing the Cards and Checks hereunder. Administrator is responsible for administration of the Banking Services and BillSuite Services provided hereunder. Administrator makes available the BillSuite Services provided by CheckFree.

Pershing. PCL has engaged the securities clearing services of Pershing and where applicable you may be required to have a Direct Debit Service with Pershing to facilitate your Direct Debit request.

Pershing