Excluded Client definition

Excluded Client means, subject to the general rules under the definition of Client, at any particular time of determination, any Person who is a member of an Employee's Immediate Family (or any investment account of which the Employee and/or members of the Employee's Immediate Family are the sole beneficial owners).
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Excluded Client means a Client in respect of whom the Licensee reasonably considers that the Licensee or the Business and/or Authorised Representative is liable to provide compensation, or otherwise rectify inappropriate financial services given to the Client as a result of a breach of the Business Agreement by the Business or this agreement by the Business or an Authorised Representative engaged by or associated with the Business. This does not, however, include Clients for whom compensation has been finalised or rectification completed by the Licensee. Financial Planning Services mean the services of Dealing in Financial Products and giving Financial Product Advice if and to the extent specified in the Authorised Representative's Letter of Authority. Financial Product has the same meaning as in the Corporations Act. Financial Product Advice has the same meaning as in the Corporations Act. Group means the Licensee and its related bodies corporate (as that term is defined in the Corporations Act).
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Excluded Client means a Client in respect of whom the Licensee reasonably considers that the Licensee or the Business and/or Authorised Representative is liable to provide compensation, or otherwise rectify inappropriate financial services given to the Client as a result of a breach of this agreement by the Business or an Authorised Representative Agreement by an Authorised Representative engaged by or associated with the Business. This does not, however, include Clients for whom compensation has been finalised or rectification completed by the Licensee.
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Examples of Excluded Client in a sentence

  • The Parties acknowledge and agree that, notwithstanding anything to the contrary herein and to the extent permitted under applicable Law, the Parties shall treat the Company or its applicable Subsidiary, as the case may be, as the party to each Excluded Client Contract as of the Closing Date for all purposes (including Tax purposes).

  • The limitations in Section 7.1(a) shall not apply in respect of any Losses arising out of or in connection with any Non-Transferring SpinCo Client Contract or Excluded Client Contract (except to the extent related to any Work Order entered into in connection therewith).

  • For a period of 1 year, the P.P.P. will not receive an administrative fee for revenue coming from the Excluded Client List after which Supplier will be obligated to pay the 2% administrative for the remaining term of the agreement or upon termination of the agreement.

  • Schedule 00 lists each Excluded Client and all amounts due to Seller thereunder as of the Closing Date.


More Definitions of Excluded Client

Excluded Client means any Client that is set forth in Schedule 2.10(b) of the Seller Disclosure Schedule.
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Excluded Client means a Client who:
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Excluded Client means a Client designated as an “Excluded Client” on the Base Client Run Rate Schedule.
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Excluded Client means a person who is:
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Related to Excluded Client

  • Excluded Claim means a dispute, controversy or claim that concerns (a) the validity or infringement of a patent, trademark or copyright; or (b) any antitrust, anti-monopoly or competition law or regulation, whether or not statutory.

  • Excluded Contract means, at any date, any rights or interest of the Borrower or any Guarantor under any agreement, contract, license, instrument, document or other general intangible (referred to solely for purposes of this definition as a “Contract”) to the extent that such Contract by the terms of a restriction in favor of a Person who is not the Borrower or any Guarantor, or any requirement of law, prohibits, or requires any consent or establishes any other condition for or would terminate because of an assignment thereof or a grant of a security interest therein by the Borrower or a Guarantor; provided that (i) rights under any such Contract otherwise constituting an Excluded Contract by virtue of this definition shall be included in the Collateral to the extent permitted thereby or by Section 9-406 or Section 9-408 of the Uniform Commercial Code and (ii) all proceeds paid or payable to any of the Borrower or any Guarantor from any sale, transfer or assignment of such Contract and all rights to receive such proceeds shall be included in the Collateral.

  • Excluded IP has the meaning assigned to such term in the U.S. Security Agreement.

  • Excluded Claims means: (a) Customer’s breach of Section 2.3 (Restrictions), (b) either party’s breach of Section 14 (Confidentiality) or (c) amounts payable to third parties under the indemnifying party’s obligations in Section 13 (Indemnification).

  • Excluded Equity means any Voting Stock in excess of 66% of the total outstanding Voting Stock of any direct Subsidiary of any Grantor that is a Non-U.S. Person. For the purposes of this definition, “Voting Stock” means, as to any issuer, the issued and outstanding shares of each class of capital stock or other ownership interests of such issuer entitled to vote (within the meaning of Treasury Regulations § 1.956-2(c)(2)).