Segregated Bank Account definition

Segregated Bank Account means a current or deposit account, established and maintained with an Authorised Financial Institution or with an organization approved by the SFC pursuant to the Client Money Rules, in the name of the Company and in the title of which the word "client", "segregated", "non-house" or such other similar word or phrase appears; 「獨立銀行帳戶」指根據客戶款項規則,以本公司名義在認可金融機構或證監會核准的組織開立或維持的往來或存款帳戶,帳名中應含有「客戶」、「獨立」、「非所方」或其他類似語句;
Segregated Bank Account means the bank account(s) belonging to us, which are separate to our own office bank accounts, into which we will receive money from you, or on your behalf, in return for the issuance of Electronic Money.
Segregated Bank Account means a current or deposit account, established and maintained with an Authorized Financial Institution or with an organization approved by the SFC pursuant to the Client Money Rules, in the name of the Company and in the title of which the word "client", "segregated", "non-house" or such other similar word or phrase appears;

Examples of Segregated Bank Account in a sentence

  • The region encompassed by the A64 and A1237 (outer ring road) contains the vast majority of this population although there is a significant rural hinterland, which provides a variety of challenges to increasing the use of sustainable modes of travel.

  • However, you will be able to closely monitor activity in the Separate Segregated Bank Account.

  • By entering into this Agreement, the Client waives any and all rights to receive any interest earned on money’s held in the Company Client’s Segregated Bank Account and consents that the Company shall benefit from any such interest earned to cover the registration, general expenses, charges, fees and interest related to the administration and maintenance of the Client Bank Accounts.

  • The Debtors shall, and are hereby authorized to, reduce the proceeds of IRS Retention Tax Credits held in the Segregated Bank Account to repay in part or in full the Loans as provided for in the Note.

  • By entering into this Agreement the Client waives any and all rights to receive any interest earned in funds held in the company Client’s Segregated Bank Account and consents that the Company shall benefit from any such interest earned to cover the registration, general expenses, charges, fees and interest related to the administration and maintenance of the Client’s Bank Account.


More Definitions of Segregated Bank Account

Segregated Bank Account a current or deposit account kept with an authorized institution within the meaning of Section 2 of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) or with an organization approved by the SFC pursuant to the SFO, in the name of the Broker and in the title of which the word "client", "segregated", "Non-House" or such other similar word or phrase appears; 「獨立債務證券帳戶」在與香港金融管理局(如屬外匯基金票據或債券的情況)註冊的認可交易商或任何銀行、獲結算所不時核准的存管處或機構(如屬其他核准債務證券的情況)設立及保持以經紀的名義開立的債務證券帳戶,而有關帳戶的名稱中包括「客戶」、「獨立」、「非公司」或其他類似的字眼或詞句;
Segregated Bank Account has the meaning given to that term in clause 8.2(a).
Segregated Bank Account means an insured money market account maintained by Issuer at Citbank, account number 226045172, the proceeds of which shall be the funds loaned to Issuer by the Holders under the Purchase Agreement and any proceeds collected by the Issuer from American CareSource Corporation under the Credit Agreement by and between the Issuer and American CareSource Corporation of even date herewith.
Segregated Bank Account means one or more segregated accounts established and maintained under section 4(1) and (2) of the Client Money Rules;
Segregated Bank Account includes (i) in respect of HKFE Trades, a current or deposit account kept with an authorized institution within the meaning of Section 2 of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) or with an organization approved by the SFC pursuant to the SFO; and (ii) in respect of Non-HKFE Trades, account kept with an authorised institution or an overseas bank or financial institution, in the name of CJF HK and in the title of which the word "client", "segregated", "Non-House" or such other similar word or phrase appears; 「獨立銀行帳戶」 包括: (i) 就期交所交易而言, 在《銀行條例》 (香港法例第 155 章)第2條所指的認可機構或在證監會根據證券及期貨條例認可的組織開立的往來或存款帳戶,及(ii)就非期交所交易而言,在認可機構、海外銀行或金融機構開立代客戶持有款項的帳戶,該帳戶以長江期貨的名義開立,而其名稱中出現「客戶」、「獨立」、「非公司」或其他類似字眼或詞句;
Segregated Bank Account includes (i) in respect of HKFE Trades, a current or deposit account kept with an authorized institution within the meaning of Section 2 of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) or with an organization approved by the SFC pursuant to the SFO, and (ii) in respect of Non-HKFE Trades, account kept with an authorised institution or an overseas bank or financial institution, in the name of the Broker and in the title of which the word "client", "segregated", "Non-House" or such other similar word or phrase appears;
Segregated Bank Account means the account opened and maintained by the Company with JPMorgan Chase Bank, into which the Company shall deposit funds received from Persons who wish to acquire Class A Units and become Class A Members.