Client Cash definition

Client Cash means cash of the Client placed with the Company for or in relation to Securities trading. In the event that the Client presents cheque or any other instrument in lieu of cash to the Company, it shall be deemed that the Company receives cash only upon the clearing of cheques or such other instruments. In the case that the Client transfers its money from other financial institutions to the
View Source
Client Cash means, other than to the extent held by the Parent or the Company, cash held in a designated client account or otherwise on trust for a third party which is neither legally or beneficially owned by the relevant Chargor.
View Source

Examples of Client Cash in a sentence

  • Coinbase will credit the Trading Balance with Client Cash once the associated cash is delivered to Coinbase.

  • Coinbase will credit the Trading Balance with Client Cash promptly upon receipt of such Client Cash.

  • Client may initiate a withdrawal of Client Cash from the Trading Balance at any time using the withdrawal function on the Trading Platform that will be processed in accordance with the Service Level Agreement.

  • Coinbase will credit the Settlement Balance with Client Cash once the associated cash is delivered to Coinbase.

  • The availability of pass-through deposit insurance with respect to the portion of Client Cash held in the accounts at CTVs, up to the per-depositor coverage limit then in place, is also dependent on the actions of the CTVs and any insured depository institutions they may use, and such accounts may not be structured to provide pass-through deposit insurance.

  • Unless otherwise provided herein or under applicable laws, Coinbase shall have no liability, obligation, or responsibility whatsoever for Client Cash or Client Digital Asset transfers sent to or received from, as applicable, an incorrect party, or sent or received, as applicable, via inaccurate Instructions.

  • Client Cash is immediately available for purposes of submitting an Order, unless a restriction applies.

  • Client may also initiate a withdrawal of Client Cash from the Trading Account at any time using the withdrawal function on the Coinbase PB Site.

  • Availability of pass-through deposit insurance with respect to the portion of Client Cash held in a Trading FBO Account is contingent upon Coinbase having correct information about Client as a customer, maintaining accurate records, and on a determination by the FDIC as receiver, at the time of a receivership of an insured depository institution holding a Trading FBO Account, that all regulatory conditions have been satisfied.

  • Client must verify all transaction information prior to submitting withdrawal Instructions to Coinbase, as Coinbase cannot and does not guarantee the identity of the wallet owner or bank account to which Client is sending Client Digital Assets or Client Cash, as applicable.