Proprietary Accounts definition

Proprietary Accounts means certain general accounts and pension accounts of the officers and employees of Advisers, either in their name or on their behalf.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Proprietary Accounts means any account for which Hillsdale Investment Management (the company/financial entity) is the Beneficial Owner.

Proprietary Accounts means all the depository accounts of Borrower and its Subsidiaries which are not used to hold client-related payroll and payroll tax funds. The Proprietary Accounts of Borrower and its Subsidiaries as of the date of each No Default Certificate are listed on such No Default Certificate.

Examples of Proprietary Accounts in a sentence

• You also understand that Other Accounts and Proprietary Accounts may at any time hold, acquire, increase, decrease, dispose of or otherwise deal with positions in investments in which a Program Account may have an interest from time to time.

• If FSWC agrees to maintain one or more Proprietary Accounts, all of the other terms and conditions of this Agreement shall apply, and each such Proprietary Account shall be deemed an "Account" hereunder, except to the extent that this Agreement provides for differing treatment of Accounts and Proprietary Accounts.

• Ridge may, at its option, charge Customers (or, in the case of Proprietary Accounts, Correspondent) interest at the rate of 2% above the broker’s call rate, or such other rate as may be agreed in writing by Correspondent and Ridge, arising from any debit in an Account however arising, including, without limitation, for late payments or deliveries of securities.

• FCM Participant, including its Authorized Representatives and Authorized Users, will not fraudulently or negligently deposit funds into Customer Account(s) or FCM Participant Proprietary Account(s), or any other account associated with this FCM Participant Agreement.

• The most recently delivered No Default Certificate, commencing with the No Default Certificate delivered for the fiscal quarter ending March 31, 2018, contains a list of all of the Proprietary Accounts of Borrower and its Subsidiaries as of the date of such No Default Certificate, and, as of the date of a No Default Certificate, neither Borrower nor any Subsidiary maintains any Proprietary Account which is not listed on such No Default Certificate.

• As of the date hereof, Schedule 6.20 contains a list of all of the Proprietary Accounts of Borrower and its Subsidiaries.

• You acknowledge and agree that Primerica Advisors, the Asset Managers and TDAI have no obligation to purchase for a Program Account a position in any investment that Other Accounts or Proprietary Accounts may acquire, and that the Program Account has no first refusal, co-investment or other rights in respect of any such investment.

• Each of Primerica Advisors, the Asset Managers and TDAI and their affiliates, may give advice or exercise investment responsibility and take such other actions with respect to Other Accounts and Proprietary Accounts which may be similar to, differ from, or contradict, the advice given or the timing or nature of action taken with respect to a Program Account.

• In the member clearing model, volume discounts are applicable to members’ own accounts (MM and Proprietary Accounts).

• The Proprietary Accounts of Borrower and its Subsidiaries as of the date of each No Default Certificate are listed on such No Default Certificate.

More Definitions of Proprietary Accounts

Proprietary Accounts means all the depository accounts of Borrower and its Subsidiaries which are not (a) used to hold client, “worksite” employee, or “corporate” employee related payroll, payroll tax, benefits, or other payroll withholding funds, or (b)

Proprietary Accounts means, collectively, the Existing Proprietary Accounts and Future Proprietary Accounts. “Regulated Funds” means ECC, EIC, EPIIF, the Future Regulated Funds and the BDC Downstream Funds.

Proprietary Accounts means all the depository accounts of Borrower and its Subsidiaries which are not used to hold client-related payroll and payroll tax funds. The Proprietary Accounts are listed on Schedule 1.1. Schedule 1.1 may be amended or supplemented from time to time with the written consent of Agent and Borrower.