Archiving of Accounts Sample Clauses

Archiving of Accounts. 36.16.1 The Company reserves the right to Deactivate and Archive Client’s Account(s) if such Account(s) is/are qualified to be archived. 36.16.2 Accounts in which there is no remaining balance and there has been no trading activity for a period of six (6) consecutive months will be considered by the Company as inactive. In such cases, the Company reserves the right to deactivate and archive any such Account(s) without providing any notice to the Client. 36.16.3 The Client hereby agrees and authorizes the Company to deactivate and archive his/her Account(s) if the said Account(s) has/have met the criteria described in the paragraph 29.13.2 of the Agreement. 36.16.4 Should the Client wish to reactivate the account, it is provided that the Company may do so at its sole discretion, provided the Client meets the request to update his/her Verification Documents and/or information required as described in the Know Your Customer (KYC) Procedures section of the Agreement.
AutoNDA by SimpleDocs
Archiving of Accounts. 37.13.1 The Company reserves the right to Deactivate and Archive Client’s Account(s) if such Account(s) is/are qualified to be archived. 37.13.2 Accounts in which there is no remaining balance and there has been no trading activity for a period of six (6) consecutive months will be considered by the Company as inactive. In such cases, the Company reserves the right to deactivate and archive any such Account(s) without providing any notice to the Client. 37.13.3 The Client hereby agrees and authorizes the Company to deactivate and archive his/her Account(s) if they said Account(s) has/have meet the criteria described in the paragraph 29.13.2 of the Agreement. 37.13.4 Should the Client wish to reactivate the account, it is provided that the Company may do so at its sole discretion, provided the Client meets the request to update his/her Verification Documents and/or information required as described in the Know Your Customer (KYC) Procedures section of the Agreement. 38. General rules of Trading 38.1 Without prejudice to any other provisions herein and in particular paragraph 15.13 of this Client Agreement, once the Client places an Order on the Trading Platform, the Company arranges for the execution of the said Order with the Execution Venue according to the Summary of Best Interest and Order Execution Policy, found on the Company’s Website. It is understood that the Company executes the Client Orders in CFDs as a principal to principal against the Client, i.e. the Company is itself the Execution Venue for the execution of the Client Orders. 38.2 You acknowledge and agree that each Transaction conducted on the Trading Platform, is comprised of first an offer by you to us to complete a Transaction (whether such offer is to open a Position or close an Open Position) at a certain price quoted on the Trading Platform, and our subsequent acceptance of your offer. An Offer will be deemed to have been completed only when your offer has been received and accepted by us. Our acceptance of an offer will be evidenced by our confirmation of its terms to you and its completion. 38.3 You may request to cancel or amend a Transaction at any time prior to our completing such a Transaction. 38.4 We reserve the right to void from the outset any Transaction containing or based on any Manifest Error. In the absence of our fraud or willful default, we will not be liable to you for any loss, cost, claim, demand or expense following any Manifest Error. 38.5 You shall comply with ...
Archiving of Accounts. 21.13.1 The Company reserves the right to Deactivate and Archive Client’s Account(s) if such 21.13.2 Accounts in which there is no remaining balance and there has been no trading activity for a period of six (6) consecutive months will be considered by the Company as inactive. In such cases, the Company reserves the right to deactivate and archive any such Account(s) without providing any notice to the Client. 21.13.3 The Client hereby agrees and authorizes the Company to deactivate and archive his/her Account(s) if they said Account(s) has/have meet the criteria described in the paragraph 21.13.4 Should the Client wish to reactivate the account, it is provided that the Company may do so at its sole discretion, provided the Client meets the request to update his/her Verification Documents and/or information required as described in the AML & KYC Policy.
Archiving of Accounts. 29.13.1 The Company reserves the right to Deactivate and Archive Client’s Account(s) if such Account(s) is/are qualified to be archived. 29.13.2 Accounts in which there is no remaining balance and there has been no trading activity for a period of six (6) consecutive months will be considered by the Company as inactive. In such cases, the Company reserves the right to deactivate and archive any such Account(s) without providing any notice to the Client. 29.13.3 The Client hereby agrees and authorizes the Company to deactivate and archive his/her Account(s) if they said Account(s) has/have meet the criteria described in the paragraph 29.13.2 of the Agreement.

Related to Archiving of Accounts

  • Keeping of Records and Books of Account The Company shall keep and cause each subsidiary to keep adequate records and books of account, in which complete entries will be made in accordance with GAAP consistently applied, reflecting all financial transactions of the Company and its subsidiaries, and in which, for each fiscal year, all proper reserves for depreciation, depletion, obsolescence, amortization, taxes, bad debts and other purposes in connection with its business shall be made.

  • Keeping of Books Keep, and cause each of its Subsidiaries to keep, proper books of record and account, in which full and correct entries shall be made of all financial transactions and the assets and business of the Borrower and each such Subsidiary in accordance with generally accepted accounting principles in effect from time to time.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!