Account Operation Sample Clauses

Account Operation. Where a Client has more than one Account open with MTC, each account will be treated as an entirely separate Account unless MTC are advised in writing by the Client (and MTC, in its sole discretion agree) to treat the Client’s Accounts as one Account. Where Accounts are treated separately, this means that any credit, (ie monies deposited as margin) will not, except where MTC exercises its rights of these General Terms and Conditions, discharge any of the Client’s liabilities in respect of another Account. Where Accounts are treated as one Account, all references to Account in this Agreement will be references to the aggregated Accounts.
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Account Operation any service charges for the operation of the account, the amount of any indebtedness or liability you have to us, and any expenses we incur in connection with paying a dishonoured or unpaid Financial Instrument.
Account Operation. Without prejudice to the operating terms set forth hereunder, a joint signatory account where one of the joint account holders has been placed under a legal protection regime shall operate as per the provisions of Article 20-1 and may be closed under the conditions laid down by Article 41.
Account Operation. 9.1 This Account is intended for those persons who expect to deposit into the Account below €12,000 annually.
Account Operation. Where a Client has more than one Account open with SMFX, each account will be treated as an entirely separate Account unless SMFX are advised in writing by the Client (and SMFX, in its sole discretion agree) to treat the Client’s Accounts as one Account. Where Accounts are treated separately, this means that any credit, (ie monies deposited as margin) will not, except where SMFX exercises its rights under Section 14 of these General Terms and Conditions, discharge any of the Client’s liabilities in respect of another Account. Where Accounts are treated as one Account, all references to Account in this Agreement will be references to the aggregated Accounts.
Account Operation. None of Bigboss employees or representatives shall accept an appointment by the Client as an agent to operate the Client’s Account on a discretionary basis.
Account Operation. 2.1 OPENING After we accept your Application, we will open an Account in your name. The Account may be split into different sub-accounts denominated in different currencies. References in this Agreement to your account is taken to include reference to sub-accounts or the relevant subaccounts, as the case may be. We may at our absolute discretion refuse to open an Account with you for any reason we consider appropriate. ACCOUNT INFORMATION
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Account Operation. IV.1 current account relationship and uniqueness of account Unless otherwise specified, Account (s) opened in the name of the Client is (are) deemed to be open in Euro (EUR). As the current account relationship is general in nature, it encompasses all the legal relationships that will exist between the Bank and the Client. By mutual agreement, all transactions processed between them will be recorded as part of their current account relationship. The current account opened in the name of the Client is a single account, so that the separate accounts on which the receivables will be recorded will be considered as chapters of the single account. This principle may be waived only where the very nature of the account or the rules governing it requires the individualization of the account, or where the Bank and the Client expressly agree to exclude from the single account, an account or given claim. As an exception, the uniqueness of account does not apply to regulated accounts or intended to record funds from third parties or to constitute a trust patrimony and of which the Client would not be the owner or for which he would be trustee, nor to the accounts of Individual Contractor with Limited Liability (EIRL). All receivables that are or will be recorded in the single account will become simple "items" of debit or credit, which will constitute the provisional balance at any time, which will be the only due. Also included in the current account relationship, claims that are contingent on the date of closure of the account and which would not accrue to the Bank or the Client until after the closure of the account, when the cause of these claims is before its fence. In case of closure of the current account, the securities and guarantees attached to a transaction carried in the existing account will remain and will be free of any debit balance of the account where the secured claim has been carried. The amount of any interest expense due to the Bank, notwithstanding the determination of a single accounting balance, shall be individually calculated based on the balance of each chapter of each account.
Account Operation. None of BullBear employees or representatives shall accept an appointment by the Client as an agent to operate the Client’s Account on a discretionary basis.
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