Examples of CFIL in a sentence
Once a cheque or other payable order is received by the firm except where it is payable to a third party and transmitted by CFIL to that party.
These assets are securely stored on CFIL premises and reconciled daily.Cantor Fitzgerald have entered into an agreement ("the Pershing Agreement") with Pershing Securities International Limited ("PSIL", “Custodian”)), Riverside Two, Sir John Rogerson’s Quay, Grand Canal Dock, Dublin 2, D02 KV60, www.pershing.ie on behalf of ourselves and each of our clients whereby PSIL has agreed to provide clearing and settlement, safe custody, and other associated services for clients whom Cantor introduces to them.
Client Assets are never held directly by CFIL except where they have been received as part of the settlement process or held while in transit to the client or custodian.
School committees determine, collect and disburse school registration fees.
CFIL has agreed to enter into this transaction on condition that the Borrower(s) agrees to the right of CFIL to set off against the amount lying in deposit/in account/in possession with CFIL for the recovery of CFIL dues hereunder.
The Borrower hereby agrees to accept as conclusive proof of the correctness of any sum claimed by CFIL to be due from the Borrower in respect of the said Credit Facilities, a statement of account printed out from computer made out from the books of CFIL without production of any voucher, documents or other paper.
The Borrower shall reimburse CFIL all costs and expenses incurred by CFIL in the negotiation, preparation, stamping, execution, administration and enforcement of this Agreement as also any security documents and/or the rights of CFIL hereunder or thereunder.
Subject to the other terms and conditions herein contained, CFIL shall grant to the Borrower the said credit facilities, particulars whereof are given in the Schedule I hereto.
Further, borrower also agrees that the statement of account being a computer generated printout does not require any signature of CFIL.
HISTORY: Originally, the CFIL did not contain any exemption for negotiated sales.