Right to Use the Investor’s Cash Sample Clauses

Right to Use the Investor’s Cash. In the case that the Investor accounts give a receivable balance, the cash balance belonging to the Investor may be accrued by Finveo collectively or exclusively for the Investor. In case the cash balances of the Investors are jointly actuated, it is essential to distribute the revenues obtained to the accounts of the Investors. The amount of earnings obtained through the savings on the receivable balance of the Investor at Finveo account which is below the margin determined by Finveo and duly notified to the Investor in writing via the fastest communication method shall belong to Finveo however, the principal shall be returned to the Investor within one (1) working day at the latest without any loss if requested by the Investor. The cash balance of the Investor at Finveo account which is determined above the margin by Finveo shall be invested in favor of the Investor within the principles determined by Finveo. In the event that the Investor has submitted clear instruction specifying that he/she does not request his/her remaining balance to be invested, the cash balance of the Investor shall be invested in favor of Finveo. The difference between the return obtained by Finveo from the investment of the receivable balances in the Investor accounts and the return reflected to the Investor shall pertain to Finveo. This authorization granted to Finveo so as to disposal on the Investor account balance shall not constitute a liability for Finveo. Finveo may not dispose on the Investor account balance, at its own discretion, and the Investor shall not stake out a claim for any loss, loss of profit or for other reason from Finveo due to not earning any interest on the receivable balance.
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Related to Right to Use the Investor’s Cash

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  • HHS Right to Use Contractor agrees that HHS has the right to use, produce, and distribute copies of and to disclose to HHS employees, agents, and contractors and other governmental entities all or part of this Contract or any related Solicitation Response as HHS deems necessary to complete the procurement process or comply with state or federal laws.

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  • Restrictions to Safeguard the Balance of Payments 1. The Parties shall endeavour to avoid the imposition of restrictions to safeguard the balance of payments.

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