Client Funds Account definition

Client Funds Account means our Client Funds Account operated in accordance with all Applicable Laws;
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Client Funds Account means an existing client funds account that we have established for you under the Agreement, and may include a cash management account and/or a custody holdings account. “Close Out” means, in relation to a Position, entering into arrangements to reverse the effect of the Position (in whole or in part), in accordance with clause 17 and “Closing Out” and “Closed Out” have corresponding meanings.
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Client Funds Account means the trust account held by SSP for the purpose of holding your funds in connection with the Services being provided, and operated in accordance with the NZX Rules. "Client Money or Property Service” is the receipt of client money or client property by SSP (or its nominee) and the holding, payment, or transfer of that client money or client property, and includes a Custodial Service, as further defined in section 431W of the FMCA.
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Examples of Client Funds Account in a sentence

  • The Client has no interest in or claim over the funds Direct FX lodges with its counterparties that have been withdrawn from the Client Funds Account to secure funding arrangements, nor in any contracts held with those counterparties.

  • On termination, and once all sums actually or potentially due from you to investor(s) and all fees, costs and expenses otherwise due under these Issuer Terms have been paid in full and cleared funds, we will credit your bank account with any funds left to your credit in the Fundaztic Client Funds Account or send a cheque to the address last provided by you.

  • Where you have requested for any funding as described in clause 6.5A of these Issuer Terms, you will be required to ensure that the Fundaztic Client Funds Account contains the requisite Pre-Disbursement Amount (comprising the Origination Fee, stamp duty payable on such funding and bank remittance charges, if any) once the Funding Request has been listed on the Platform.

  • Settlement obligations 9.1 You must deposit full payment for all buy orders in our Client Funds Account by no later than midday on the second Business Day after the date of the contract note.

  • As stated in clause 8.2(c) hereinabove, we will collect the Origination Fee from you by: (a) deducting upfront the amount thereof from the funded amount before it is transferred to you, or (b) debiting upfront the amount thereof from the Fundaztic Client Funds Account before the funded amount is transferred to such third party authorized by you, as the case may be.

  • For our mySTART service you can also direct credit to the CIP Nominees No 1 Limited Client Funds Account as follows: Account Name: CIP Nominees No 1 Limited Client Funds Account Bank and Branch: ANZ Bank New Zealand Limited Cnr Spring and Grey Streets, Tauranga Account Number: 06 - 0433 - 0566827 – 000 We do not accept payment by cash.

  • The NZX Rules specify the requirements for the operation of an HHG Client Funds Account by the Trading Participant.

  • For the avoidance of doubt, this clause does not apply to any Cash Management Account.7A.2 Under the NZX Rules, Jarden may also use aDepository Account as a Client Funds Account.

  • I am required under section 11(3) of the Government Resources and Accounts Act (Northern Ireland) 2001 to examine and certify the Northern Ireland Child Support Agency Client Funds Account.

  • Since that time, strong earthquakes have been recorded showing high peak acceleration values and triggering concern about the seismic safetyof existing nuclear facilities.


More Definitions of Client Funds Account

Client Funds Account means an existing client funds account that we have established for you under the Agreement, and may include a cash management account and/or a custody holdings account.
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Client Funds Account means the account opened by New Zealand Vault Limited for monetary entries in connection with transactions for the purchase and sale of bullion.
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Client Funds Account means our Client Funds Account operated in accordance with all Applicable Laws; “Client Assets” has the meaning assigned to it under the
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Client Funds Account means an existing client funds account that we have established for you under the
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Related to Client Funds Account

  • Funds Account means an account held by you or any third parties maintained with any Participant.

  • 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.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Disbursement Account means any Deposit Account maintained by Borrower with a financial institution for the purpose of receiving and disbursing the proceeds of Loans made pursuant hereto.

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Clearing Account has the meaning set forth in Section 2.7.1 hereof.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Transaction Account means a cash account established and maintained by Repo Custodian for the Funds to effect repurchase transactions pursuant to the Master Agreement.

  • Client Funds means money deposited by the Client in his/her Trading Account, plus or minus any unrealized or realized profit or loss, plus or minus any amount that is due by the Client to the Company and vice versa.

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Prefunding Account The separate Eligible Account created and maintained by the Trustee pursuant to Section 3.06 in the name of the Trustee for the benefit of the Certificateholders and designated "U.S. Bank National Association, in trust for registered holders of CSFB Mortgage Pass-Through Certificates, CSFB ABS Trust Series 2001-HE12" Funds in the Prefunding Account shall be held in trust for the Certificateholders for the uses and purposes set forth in this Agreement and shall not be a part of any REMIC created hereunder; provided, however, that any investment income earned from Permitted Investments made with funds in the Prefunding Account shall be for the account of the Depositor.