Examples of Segregated Account in a sentence
The Company acknowledges and agrees that the Segregated Account will terminate contemporaneously with a closing of a transaction set forth in a Definitive Agreement.
The Legal and Regulatory regime applying to any such Person outside Cyprus or the EEA will be different from that of Cyprus and in the event of the insolvency or any other equivalent failure of that Person, the Client’s money may be treated differently from the treatment which would apply if the Money was held in a Segregated Account in Cyprus.
Customer Segregated Funds held in the Customer Segregated Account may not be used to meet the obligations of the FCM or any other person, including another customer.
References to “we”, “us”, “our”, “Insurer” and “Company” throughout this Policy refer to Davies Insurance Limited on behalf of the WellAway Segregated Account.
As of each Valuation Date, the Plan Administrator must reduce a Segregated Account for any forfeiture arising after the PlanAdministrator has made all other allocations, changes or adjustments to the Account (excluding Earnings) for the Valuation Period.