Common use of Account Minimums Clause in Contracts

Account Minimums. Graybridge does not impose minimum balances on Accounts nor do our designated Custodians. However, when funding an Account, there may be minimums on the transfer amount depending on the funding type. For certain investing methods, such as margin investing, the Account may need to exceed a minimum asset value. The Client exclusively possesses rights to the Account(s) (i.e. the right to withdraw securities or cash and receive trade confirmations). Client retains voting rights for all proxy securities. Clients may make deposits and withdrawals through the designated Custodian, subject to Graybridge's right to terminate accounts. Clients may withdraw assets by notifying Graybridge, subject to securities settlement processes and anti-money-laundering holding periods. The portfolios of Graybridge are long-term investments; therefore, asset withdrawals may impede investment objectives. The withdrawal of securities could incur fees and/or taxes and decrease investment performance.

Appears in 4 contracts

Samples: Advisory Agreement, Advisory Agreement, Investment Advisory Agreement

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Account Minimums. Graybridge does not impose minimum balances on Accounts nor do our designated Custodians. However, when funding an Account, there may be minimums on the transfer amount depending on the funding type. For certain investing methods, such as margin investing, the Account may need to exceed a minimum asset value. The Client exclusively possesses rights to the Account(s) (i.e. the right to withdraw securities or cash and receive trade confirmations). Client retains voting rights for all proxy securities. Clients may make deposits and withdrawals through the designated Custodian, subject to GraybridgeXxxxxxxxxx's right to terminate accounts. Clients may withdraw assets by notifying Graybridge, subject to securities settlement processes and anti-money-laundering holding periods. The portfolios of Graybridge are long-term investments; therefore, asset withdrawals may impede investment objectives. The withdrawal of securities could incur fees and/or taxes and decrease investment performance.

Appears in 2 contracts

Samples: Advisory Agreement, Advisory Agreement

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