Common use of Charges; Payment; Taxes Clause in Contracts

Charges; Payment; Taxes. Participant agrees to pay to FINRA the then effective charges as set forth either in FINRA Rules or in a Notice to Participant, including all applicable deposits, and installation, de-installation, equipment, communications, facilities, training, fees, interest and late fees and/or charges without set-off, offset or recoupment. Participant shall assume full and complete responsibility for the payment of any taxes, charges or assessments imposed on Participant or FINRA by any foreign or domestic national, state, provincial or local government bodies, or subdivisions thereof, and any penalties or interest, (except for U.S. federal, state or local income taxes, if any, imposed on FINRA) relating to the provision of the Service to Participant. In addition, if Participant is required by applicable law to deduct or withhold any such tax, charge or assessment from the amounts due FINRA, then such amounts due shall be increased so that the net amount actually received by FINRA after the deduction or withholding of any such tax, charge or assessment, will equal one hundred percent (100%) of the charges that are owed. Payment is due within 30 days of the receipt of the invoice. Interest at a rate of one percent (1%) per month on any outstanding balance shall be due from thirty (30) days from the date of the invoice to the time that the amount(s) that are due have been paid. Payment shall be made in immediately available United States funds by check or electronic funds transfer drawn against a United States bank or other institution acceptable to FINRA or by any other means mutually acceptable to the parties.

Charges; Payment; Taxes. Participant agrees to pay to FINRA the then effective charges as set forth either in FINRA Rules or in a Notice notice to Participant, including all applicable deposits, and installation, de-installation, equipment, communications, facilities, training, fees, interest and late fees and/or charges without set-off, offset or recoupment. Participant shall assume full and complete responsibility for the payment of any taxes, charges or assessments imposed on Participant or FINRA by any foreign or domestic national, state, provincial or local government bodies, or subdivisions thereof, and any penalties or interest, (except for U.S. federal, state or local income taxes, if any, imposed on FINRA) relating to the provision of the Service to Participant. In addition, if Participant is required by applicable law to deduct or withhold any such tax, charge or assessment from the amounts due FINRA, then such amounts due shall be increased so that the net amount actually received by FINRA after the deduction or withholding of any such tax, charge or assessment, will equal one hundred percent (100%) of the charges that are owed. Payment is due within 30 days of the receipt of the invoice. Interest at a rate of one percent (1%) per month on any outstanding balance shall be due from thirty (30) days from the date of the invoice to the time that the amount(s) that are due have been paid. Payment shall be made in immediately available United States funds by check or electronic funds transfer drawn against a United States bank or other institution acceptable to FINRA or by any other means mutually acceptable to the parties.

Charges; Payment; Taxes. Participant agrees to pay to FINRA the then effective charges as set forth either in FINRA Rules or in a Notice Noticenotice to Participant, including all applicable deposits, and installation, de-installation, equipment, communications, facilities, training, fees, interest and late fees and/or charges without set-off, offset or recoupment. Participant shall assume full and complete responsibility for the payment of any taxes, charges or assessments imposed on Participant or FINRA by any foreign or domestic national, state, provincial or local government bodies, or subdivisions thereof, and any penalties or interest, (except for U.S. federal, state or local income taxes, if any, imposed on FINRA) relating to the provision of the Service to Participant. In addition, if Participant is required by applicable law to deduct or withhold any such tax, charge or assessment from the amounts due FINRA, then such amounts due shall be increased so that the net amount actually received by FINRA after the deduction or withholding of any such tax, charge or assessment, will equal one hundred percent (100%) of the charges that are owed. Payment is due within 30 days of the receipt of the invoice. Interest at a rate of one percent (1%) per month on any outstanding balance shall be due from thirty (30) days from the date of the invoice to the time that the amount(s) that are due have been paid. Payment shall be made in immediately available United States funds by check or electronic funds transfer drawn against a United States bank or other institution acceptable to FINRA or by any other means mutually acceptable to the parties.

Charges; Payment; Taxes. Participant agrees to pay to FINRA the then effective charges as set forth either in FINRA Rules or in a Notice to Participant, including all applicable deposits, and installation, de-installation, equipment, communications, facilities, training, fees, interest and late fees and/or charges without set-off, offset or recoupment. Participant shall assume full and complete responsibility for the payment of any taxes, charges or assessments imposed on Participant or FINRA by any foreign or domestic national, state, provincial or local government bodies, or subdivisions thereof, and any penalties or interest, (except for U.S. federal, state or local income taxes, if any, imposed on FINRA) relating to the provision of the Service to Participant. In addition, if Participant is required by applicable law to deduct or withhold any such tax, charge or assessment from the amounts due FINRA, then such amounts due shall be increased so that the net amount actually received by FINRA after the deduction or withholding of any such tax, charge or assessment, will equal one hundred percent (100%) of the charges that are owed. Payment is due within 30 days of the receipt of the invoice. Interest at a rate of one percent (1%) per month on any outstanding balance shall be due from thirty (30) days from the date of the invoice to the time that the amount(s) that are due have been paid. Payment shall be made in immediately available United States funds by check or electronic funds transfer drawn against a United States bank or other institution acceptable to FINRA or by any other means mutually acceptable to the parties.. Copyrighted 2011-122013 FINRA. ALLAll rights reserved. FINRA PARTICIPATION AGREEMENT V. v. 1.1 (REV. 0512)2 (Rev. 04-2013)