FWT definition
Examples of FWT in a sentence
The once-off payment in advance which you are liable to pay to FWT for the ongoing management of each Bundle you hold, which fee is due and payable in terms of clause 6.3 below when you first invest in a particular Bundle.
In accordance with the legal or other payment demands of the South African Revenue Service from time to time, certain costs listed on the Cost Profile may be subject to VAT from time to time and you agree that the decision to charge you such VAT charges is solely the right of FWT, even retrospectively, i.e. where we need to backdate the VAT charges.
The date on which a Bundle will be Re-balanced as determined by FWT in FWT's sole discretion and disclosed to you on the EasyEquities Platform.
The Investment Strategy of each Bundle will be determined by FWT (in the sole discretion of FWT) and a detailed explanation of the Investment Strategy will be disclosed to you on the EasyEquities Platform when you first purchase a particular Bundle.
FWT will take all reasonable steps to mitigate any potential situations that may lead to a conflict of interest.
The annual management fee payable each calendar year on the first day of the year in terms of clause 6.4 below, which Fee is payable to FWT for the ongoing management of each Bundle which you hold.
The client agreement, including all the Annexures to the agreement, which you must enter into with FWT in respect of your Trading on the EasyEquities Platform, which agreement is available on our Website.
A Weighted combination of Issuer Securities held together in a single group with each Issuer Security making up different proportions (ie percentage Weightings) of the total value of that Bundle as designated and managed by FWT according to the General Investment Objectives and the Investment Strategy disclosed to you in terms of clause 3.3 below.
You warrant and represent that you will not seek recourse against FWT for any claim arising from a change (including a negative depreciation) in the market value of the Bundle or Issuer Securities listed in any Bundle which you may have purchased.
As such, ITH will not withhold Federal Withholding Tax (FWT) nor withhold Social Security Tax (FICA) from gross amounts paid to Independent Contractor as commission earned.