Title and Interest. (a) Payments free of security interest Each party agrees that all right, title and interest in, to, under or derived from any payment which it makes to the other party in respect of this Agreement or any Transaction vests in the recipient clear of any security interest or any other adverse interest of the payer or any third party.
Appears in 4 contracts
Samples: pkf.sc, stat.za.velocitytrade.com, dmaseychelles.tradedesk.co.za
Title and Interest. (a) Payments free of security interest Each party agrees that all right, title and interest in, to, under or derived from any payment which it makes to the other party in respect of this Agreement or any Transaction vests in the recipient clear of any security interest or any other adverse interest of the payer (other than any interest that arises under the Futures Industry (Client Funds) Regulations 1990 of New Zealand or the Corporations Act) or any third party.
Appears in 1 contract
Samples: Client Agreement
