Common use of Cash claims Clause in Contracts

Cash claims. You can only temporarily keep money (cash) on your FitVermogen Account. If you transfer an amount to the Giro for the purchase of Securities, this amount will be used first for the oldest outstanding order to purchase Securities, provided that the amount is sufficient. If the amount is insufficient for the oldest outstanding order for the purchase of Securities, the amount will be used for any other outstanding orders if the amount is sufficient for this. The bal- ance that cannot be used for orders will be repaid to your contra account. An amount that you transfer to the Giro can remain on the account of the Giro for a maximum of five days.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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Cash claims. You can only temporarily keep money (cash) on your FitVermogen Account. If you transfer an amount to the Giro for the purchase of Securities, this amount will be used first for the oldest outstanding order to purchase Securities, provided that the amount is sufficient. If the amount is insufficient for the oldest outstanding order for the purchase of Securities, the amount will be used for any other outstanding orders if the amount is sufficient for this. The bal- ance balance that cannot be used for orders will be repaid to your contra account. An amount that you transfer to the Giro can remain on the account of the Giro for a maximum of five days.

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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Cash claims. You can only temporarily keep money (cash) on your FitVermogen Account. If you transfer an amount to the Giro for the purchase of Securities, this amount will be used first for the oldest outstanding order to purchase pur- chase Securities, provided that the amount is sufficient. If the amount is insufficient for the oldest outstanding outstand- ing order for the purchase of Securities, the amount will be used for any other outstanding orders if the amount is sufficient for this. The bal- ance balance that cannot be used for orders will be repaid to your contra account. An amount that you transfer to the Giro can remain on the account of the Giro for a maximum of five days.

Appears in 1 contract

Samples: Fitvermogen Agreement

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