Retained Client definition

Retained Client means a Client or a New Client who, as of the close of business on the third Business Day prior to the Closing Date, (i) has not (A) terminated its business relationship with the Company or any of its Subsidiaries or (B) notified or otherwise communicated to the Company or any of the Principals regarding its intention to do so and (ii) (C) in the case of a Client that is not a Mutual Fund or a New Client, has either delivered to the Company a Client Consent or is deemed to have provided a Negative Consent, that in either case applies to all Client Accounts of that Client (including any Client Accounts opened by that Client between January 1, 2005 and the close of business on the third Business Day prior to the Closing Date) or New Client Accounts of that New Client, as applicable; provided that a Client that is a party to an Advisory Contract listed on Schedule 3.6(c) must deliver a Client Consent in order to be considered a Retained Client, and (D) in the case of a Client that is a Mutual Fund, has delivered a Mutual Fund Consent.
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Examples of Retained Client in a sentence

  • Schlumberger grants ERF the right to resell such derivatives of the ERF Technology to any ERF Retained Client on such terms and at such pricing as is subsequently agreed.

  • Wellspring and ▇▇▇▇▇ shall enter into the Retained Client Services and Protection Agreement as of the Effective Closing Time.

  • Wellspring agrees and covenants that, except with respect to the liabilities of Wellspring otherwise allocated among the Parties pursuant to this Agreement and the Retained Client Services and Protection Agreement, and with respect to the liabilities set forth on Schedule 3.7 (the "Joint Miscellaneous Liabilities"), Wellspring shall be solely liable for the liabilities, debts and obligations of Wellspring that are unknown to Wellspring as of the Effective Closing Time.

  • Such estimated payments shall be reflected on, and reduce the amounts due under, the invoices issued pursuant to this Section 3.6.2. Wellspring shall prepare and submit invoices to ▇▇▇▇▇ on a monthly basis for the actual costs of the Retained Client Property and Unused Property for which ▇▇▇▇▇ is responsible as set forth in Section 3.6.

  • During the term of this Agreement, following written notice from a Retained Client to Management, the Register will be amended to reflect that such Retained Client is no longer a Retained Client subject to this Agreement.

  • The Parties covenant and agree that, for a period of two years after the Effective Closing Time ▇▇▇▇▇ will not, for its own benefit or the benefit of any other Person, solicit for employment any employee or contractor of Wellspring (excluding the Retained Client Employees), or any employee or contractor of an Affiliated Party formerly affiliated with Wellspring, without the prior consent of Wellspring or such Affiliated Party, as the case may be.

  • Retained Client Arrangement £200 to £499 • Provision of our Portfolio Report on an annual basis showing details of all financial products recorded on our system.

  • To the extent that both Wellspring and State Street are obligated in respect of a Joint Obligation as a result of this Agreement, the Retained Client Services and Protection Agreement, and the State Street Guaranty Agreement, they shall be treated as a single Joint Obligated Party for purposes of the definition of Joint Obligated Party.

  • To the extent that, during any month, ▇▇▇▇▇ requests Wellspring to terminate a Retained Client Employee or Shared Service Employee and Wellspring concludes that such termination cannot be effected without a violation of WARN, Wellspring shall effect such termination (subject to the terms of the Retained Client Services and Protection Agreement) at the earliest time practicable consistent with WARN.

  • The Partner’s appointed Retained Client will be the main operational point of contact for CGPSS and is named at Annex C.

Related to Retained Client

  • End Client means the end client (if any) in respect of the project in connection with which the Supplier is providing its Services as a sub-contractor;

  • Retained Contracts shall have the meaning set forth in Section 1.2(i).

  • Company Source Code means the source code for any Software included in the Customer Offerings or Internal Systems or other confidential information constituting, embodied in or pertaining to such Software.

  • Retained full-time job means an eligible position that currently

  • Independent System Operator means a person that may receive or has received, by transfer pursuant