Common use of Cash held for me/us Clause in Contracts

Cash held for me/us. 5.1 Any cash held for me/us, other than cash received by you in respect of Transactions and which is on-paid for settlement purpose or to me/us, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time.

Appears in 2 contracts

Samples: 'S Agreement, 'S Agreement

AutoNDA by SimpleDocs

Cash held for me/us. 5.1 10.1 Any cash held for me/us, other than cash received by you the Company in respect of Transactions and which is on-paid for settlement purpose purposes or to me/us, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time.

Appears in 2 contracts

Samples: Securities Trading Margin Client Agreement, Securities Trading Margin Client Agreement

AutoNDA by SimpleDocs

Cash held for me/us. 5.1 9.1 Any cash held for me/us, other than cash received by you the Company in respect of Transactions and which is on-paid for settlement purpose purposes or to me/us, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time.

Appears in 2 contracts

Samples: Trading Cash Client Agreement, Securities Trading Cash Client Agreement

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