Common use of Client Assets Clause in Contracts

Client Assets. (i) The following provisions set out the terms and conditions of our custody services. Please refer to the Client Assets Key Information Document (“CAKID”), which has been provided to you separately. The objective of the CAKID is to provide you with important information (in addition to that set out in the Customer Agreement) to help you understand how and where Client funds and Client financial instruments (together, “Client Assets”) will be held by IBIE, and to highlight the associated risks. (ii) For Transactions that are subject to this Agreement, IBIE holds Client Assets on trust for the benefit of Clients and provides safe custody services. (iii) This Customer Agreement sets out the terms of use of your Client Assets by IBIE and the terms pursuant to which your Client Assets may be dealt with by IBIE.

Client Assets. ‌ (i) The following provisions set out the terms and conditions of our custody services. Please refer to the Client Assets Key Information Document (“CAKID”), which has been provided to you separately. The objective of the CAKID is to provide you with important information (in addition to that set out in the Customer Agreement) to help you understand how and where Client funds and Client financial instruments (together, “Client Assets”) will be held by IBIE, and to highlight the associated risks. (ii) For Transactions that are subject to this Agreement, IBIE holds Client Assets on trust for the benefit of Clients and provides safe custody services. (iii) This Customer Agreement sets out the terms of use of your Client Assets by IBIE and the terms pursuant to which your Client Assets may be dealt with by IBIE.