External Client definition
Examples of External Client in a sentence
If for any reason MBI is unable to return any Client Assets to a Client’s designated External Client Account, then MBI will report and remit such Client Assets in accordance with applicable unclaimed property laws, including the laws of Puerto Rico, if applicable.
All External Client Audits of Nelnet’s processes, functions, or accounts, regardless of frequency, will be coordinated through Nelnet Audit Services.
With respect to each transfer to and from the Custody Account, Client must designate an approved External Client Account as the source of the transfer into the Custody Account or the destination for the transfer out of it.
MBI may rescind its approval of any External Client Account at any time.
If for any reason the Agent decides to terminate the Agreement or if there is a reduction in service areas, UWW and the 211 NDP may continue to use and disclose any Submitted Data in order to fulfill an agreement to which UWW, the 211 Network, 211 Agents, and an External Client is bound at the time of such termination or reductions in service areas.
A Client may connect or link an External Client Account to its Account for the purposes of making transfers to, and withdrawals from, such Custody Account; provided, however, that no External Client Account will be connected or linked to a Client’s MBI Account unless MBI, in its sole discretion, approves the External Client Account for use in connection with transfers to and from the Custody Account.