Segregated Client definition

Segregated Client means a person whose assets, if and when received by a Member
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Segregated Client means a person whose monies are held by a Member separately from the Member’s own monies with whom the Member has agreed (or in respect of which the Member is required) not to use such person’s monies for the Member’s own account
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Segregated Client means a person whose monies are held by a Member
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Examples of Segregated Client in a sentence

  • If a transfer is required to or from the Segregated Client Account this will be done by the close of business on the day that the reconciliation is performed.

  • The Company will promptly place any Client money into a Segregated Client Account.

  • The Company will carry out reconciliations of records and Client Money with the records and accounts of the money the Company holds in Segregated Client Accounts on a daily basis.

  • Upon receipt of the Client money, the Company will promptly place such money into one or more Segregated Client Account(s).

  • If a transfer is required to or from the Segregated Client Account(s) this will be done by the close of business on the day that the reconciliation is performed.

  • The Company will carry out reconciliations of records and Client money with the records and accounts of the money the Company holds in the Segregated Client Account(s) on a frequent basis.

  • Your funds are held in a secure Designated Segregated Client Account, specifically for the purpose of redeeming transactions made via Your Card.

  • If a transfer is required to or from the Segregated Client Account(s) this will be done three times every week.

  • All money received from the Client or a person authorised by the Client is held in a separate Segregated Client Bank Account, which is ring-fenced and kept independent from the Company’s working and operating capital at all times.

  • OMAM made an initial Capital Contribution to the Company on December 31, 2007 of $1,250,000,000, plus (a) the amount of Segregated Client Mandated Capital as of such date ($32,000,000) and (b) the Excess Working Capital Amount.

Related to Segregated Client

  • Segregated Account means a client bank account as defined by and held in accordance with the Applicable Regulations.

  • Segregated funds means the amount of benefits that would

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Protected Account An account established and maintained for the benefit of Certificateholders by each Servicer with respect to the related Mortgage Loans and with respect to REO Property pursuant to the respective Servicing Agreements. Each Protected Account is required to be an Eligible Account.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.