Common use of Client Funds Clause in Contracts

Client Funds. The client agrees that its monies and the monies of other clients of the Company will be combined and deposited by the Company in a Client Bank Account or Payment Service Providers. The client acknowledges that all monies credited to the Client Bank Account maintained by the Company may be used by the Company to meet the default on any account of the client with the Company.

Client Funds. The client agrees that its monies and the monies of other clients of the Company will be combined and deposited by the Company in a Client Bank Account or Payment Service Providers. The client acknowledges that all monies credited to the Client Bank Account Account(s) maintained by the Company may be used by the Company to meet the default on any account of the client with the Company.