JSET Account definition
Examples of JSET Account in a sentence
In the event that SBG Sec has accepted my authority to debit, I acknowledge that SBG Sec shall debit my Nominated Account or JSET Account (as the case may be) with any amount which becomes payable by me on any Investment transaction arising from an instruction from me, monthly fees and other specified charges on my behalf.
Until such stage that a JSET Account is opened, I indemnify SBG Sec against any claims or liability including legal costs that may arise, by failure to keep my Investments or act in terms of the Agreement.
I understand that if there are insufficient funds in my Nominated Account or JSET Account (as the case may be) SBG Sec will not purchase the Nominated Securities.
I understand and accept that it is my responsibility to ensure that sufficient funds are available in my Nominated Account or JSET Account (as the case may be) and indemnify SBG Sec and holds SBG Sec harmless for any losses that I may suffer a result of the Nominated Securities not being purchased due to insufficient funds being available in my Nominated Account or JSET Account (as the case may be) at the time of the purchase instruction.