Dormant and/or Inactive Account definition

Dormant and/or Inactive Account means any Company Client trading account where the Client/account holder/owner of that trading account has not initiated any trading activity and/or inactivity for a period of ninety (90) consecutive days and/or where the Company has not carried out any transactions in relation to the trading account by and/or on the instructions of the Client/account holder/owner and/or his/her authorized representative for a period of six (6) consecutive months.
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Dormant and/or Inactive Account means any Company Client trading account where the client/account holder/owner of that trading account has not initiated any trading activity and/or inactivity for a period of six (6) consecutive months and/or where the Company has not carried out any transactions in relation to the trading account by and/or on the instructions of the Client/account holder/owner and/or his/her authorized representative for a period of six (6) consecutive months.
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Dormant and/or Inactive Account means any Company Client trading account where the Client/account holder/owner of that trading account has not initiated any trading activity and/or inactivity for a period of six (6) consecutive months and/or where the Company has not carried out any transactions in relation to the trading account by and/or on the instructions of the Client/account holder/owner and/or his/her authorized representative for a period of six (6) consecutive months. “Dormant and/or Inactive Account Fee” shall mean a handling fee of $5/€5/£5/₦5 or equivalent per month imposed by the Company and/or paid by a Client for his/her dormant account(s) held by the Company, as this may be amended from time to time by the Company.
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More Definitions of Dormant and/or Inactive Account

Dormant and/or Inactive Account means any FT GLOBAL client trading account where the client/account holder/owner of that trading account has not initiated any trading activity and/or inactivity for a period of six (6) consecutive months and/or where FT GLOBAL has not carried out any transactions in relation to the trading account by and/or on the instructions of the client/account holder/owner and/or his/her authorised representative for a period of six (6) consecutive months. “Dormant and/or Inactive Account Fee” shall mean a handling fee of $5/€5/£5/₦5 or equivalent per month imposed by FT GLOBAL and/or paid by a client for his/her dormant account(s) held by FT GLOBAL, as this may be amended from time to time by FT GLOBAL.
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Dormant and/or Inactive Account means Affiliate’s account where the Affiliate has not introduced any Traders or where his/her introduced Traders have not transacted with Exinity for a period of six (6) consecutive months.
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Dormant and/or Inactive Account means any FT INVEST Client trading account where the Client/account holder/owner of that trading account has not initiated any trading activity and/or inactivity for a period of six (6) consecutive months and/or where FT INVEST has not carried out any transactions in relation to the trading account by and/or on the instructions of the Client/account holder/owner and/or his/her authorized representative for a period of six (6) consecutive months. “Dormant and/or Inactive Account Fee” shall mean a handling fee of $5/€5/£5/₦5 or equivalent per month imposed by FT INVEST and/or paid by a Client for his/her dormant account(s) held by FT INVEST, as this may be amended from time to time by FT INVEST.
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Dormant and/or Inactive Account means any Company Client trading account where the Client/account holder/owner of that trading account has not initiated any trading activity and/or inactivity for a period of six (6) consecutive months and/or where the Company has not carried out any transactions in relation to the trading account by and/or on the instructions of the Client/account holder/owner and/or his/her authorized representative for a period of six (6) consecutive months. “Dormant and/or Inactive Account Fee” shall mean a handling fee of 5 USD or the equivalent to USD per account per month that the Company may charge at its sole discretion and/or paid by a Client for his/her dormant account(s) held by the Company, as this may be amended from time to time by the Company.
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Dormant and/or Inactive Account means any Company client trading account where the client/account holder/owner of that trading account has not initiated any trading
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Dormant and/or Inactive Account means Introducer’s account where the Introducer has not introduced any Clients or where his/her Introduced Clients have not transacted with FXTM for a period of six (6) consecutive months.
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Related to Dormant and/or Inactive Account

  • Active Account means an individual investment account in the Plan with a balance greater than $0.

  • Dormant Account means the Customer’s trading account in which there have been no trades for a period of more than 60 Calendar days.

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • Inactive Participant means each Participant (other than a Retired Participant, Deceased Participant or Disabled Participant) who is not in active service as an Outside Director and is not actively employed by a Participating Company.

  • Inactive Trading Account means a Client's trading account which has not had an open position, pending order, or non-trading operation in 3 months period.

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Inactive business operations means the mere continued holding or renewal of rights to property previously operated for the purpose of generating revenues but not presently deployed for such purpose.

  • Covered Account means an Account established by a financial intermediary for another as the owner of record on the Fund Registry and through which such owner of record has the ability to conduct transactions in Fund shares directly with and through BNYM.

  • Excluded Deposit Account means (a) any deposit account exclusively used for payroll, payroll taxes, and other employee wage and benefit payments to or for the benefit of Borrower’s employees and identified to Bank by Borrower as such and (b) any Xxxxx Cash Accounts.