Client Money Standing Authority Sample Clauses

Client Money Standing Authority. 26.1 In regards to 《 Standing Authority for Fund Withdrawal 》 , the Client authorizes WLSL for fund withdrawal from any independently opened cash securities account/margin securities account/futures account/internet trading account of the Client at WLSL in accordance to the Securities and Futures (Client Money) Rules, and deposit into the bank account(s) designated by the Client without any prior notice or confirmation and/or instructions obtained from the Client. 26.2 Regarding 《 Standing Authority for Internal Fund Transfer 》 , the Client authorizes WLSL for unrestricted transfer of all or part of the fund in between any independently opened cash securities account/margin account/futures account/internet trading account of the Client at WLSL in accordance with the Securities and Futures (Client Money) and (Client Securities) Rules, without giving the Client any notice or obtaining confirmation and/or instructions from the Client in advance. 26.3 In relation to 《 Margin Clients Standing Authority for Collateral 》 , the Client authorizes the following instructions from WLSL in order to obtain financial accommodation from WLSL without notifying the Client: (1) use any securities purchased or held by the Client in WLSL or held on behalf of the Client from time to time, as well as the Securities collateral deposited by the Client in any accounts opened at WLSL and any other collateral approved by WLSL (“the Securities"); (2) deposit any such securities of the Client in an authorized financial institution as collateral for the financial accommodation provided by WLSL; or (3) depositing any such securities of the Client in a recognized clearing house or another intermediary who is licensed or registered to conduct securities transactions as a way to release and settle the WLSL’s obligation of settlement and WLSL’s legal liability; (4) to authorize WLSL to pool such securities of the Clients with the Securities of others and deposit them as collateral for loans or advances. The Securities of the Client may therefore be subject to the rights of a third party and WLSL must fully compensate for these rights before returning Client with their Securities, which may increase the Client’s risk exposure on such securities. 26.4 The Client Money Standing Authority covers money held or received by WLSL in Hong Kong (including any interest derived from the holding of the money) in one or more segregated account(s) on the Client’s behalf (“Monies”). 26.5 In order to fully u...
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Client Money Standing Authority. 4.1 The Client Money Standing Authority covers money held or received by you in Hong Kong (including any interest derived from the holding of the money which does not belong to you) in one or more segregated account(s) on my/our behalf ("Monies"). 4.2 I/We authorize you to, in your sole discretion and without having to provide me/us with any prior notice or to obtain any prior confirmation and/or direction from me/us, to: (a) combine or consolidate any or all segregated accounts of any name whatsoever and either individually or jointly with others, maintained by Xxx Eng Securities (Hong Kong) Limited and Xxx Eng Futures (Hong Kong) Limited and/or any member of Xxx Eng (HK) Group for the purpose of satisfying my/our obligations or liabilities to you, whether such obligations or liabilities are actual or contingent, primary or collateral, secured or unsecured or joint or several; (b) transfer any sum of Monies interchangeably between any of the segregated accounts maintained at any time by any member of Xxx Eng (HK) Group; (c) transfer any sum of Monies interchangeable between any of the segregated accounts maintained at any time by any member of Xxx Eng (HK) Group and any segregated accounts maintained with counter-broker (whether in Hong Kong or overseas) upon or before any instructions have been given, for the purpose of satisfying margin requirement and/or settlement requirement (if applicable); (d) keep my/our Monies with overseas clearing firm(s), broker(s) and financial institution(s) after trading to facilitate future trading or to transfer my/our Monies interchangeably between the segregated account(s) opened and maintained by you in Hong Kong and the segregated account(s) opened and maintained by you with any overseas clearing firm(s), broker(s) and financial institution(s) outside Hong Kong; and (e) convert my/our Monies into any other currency(ies) upon or before any instructions have been given, for the purpose of satisfying margin requirement and/or settlement requirement (if applicable). 4.3 I/We acknowledge and agree that you may do any of the things set out in Clause 4.2 without giving notice to me/us. 4.4 The Client Money Standing Authority is given without prejudice to other authorities or rights which you or any of your Group Companies may have in relation to dealing in Monies in the segregated accounts. 4.5 The Client Money Standing Authority shall be valid for a period of not more than 12 months from the date of these Additional Terms a...
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Client Money Standing Authority. The Client Money Standing Authority covers money held or received by the Company in Hong Kong (including any interest derived from the holding of the money) in one or more segregated account(s) on the Client’s behalf (“Monies”).
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Client Money Standing Authority. 26.1 The Client Money Standing Authority covers money held or received by WLSL in Hong Kong (including any interest derived from the holding of the money) in one or more segregated account(s) on the Client’s behalf (“Monies”). 26.2 The Client authorizes WLSL to: (1) combine or consolidate any or all segregated accounts, of any nature whatsoever and either individually or jointly with others, maintained by WLSL,WLAML, WLIC and WLSL’s Associates and WLSL may transfer any sum of Monies to and between such segregated account(s) of the Client to satisfy the Client’s obligations or liabilities to WLSL,WLAML, WLIC and WLSL’s Associates, whether such obligations and liabilities are actual or contingent, primary or collateral, secured or unsecured, or joint or several: and (2) transfer any sum of Monies interchangeably between any of the segregated accounts maintained at any time with WLSL, WLAML, WLIC and WLSL’s Associates. 26.3 The Client acknowledges and agrees that WLSL may do any of the things mentioned in Clause 26.2 without giving the Client notice. 26.4 The Client Money Standing Authority is given without prejudice to other authorities or rights which WLSL, WLAML, WLIC and WLSL’s Associates may have in relation to dealing in Monies in the segregated account. 26.5 The Client Money Standing Authority shall be valid for a period of 12 months from the date of this Agreement, subject to renewal by the Client or deemed renewal under the Client Money Rules as referred to in Clause 26.7. 26.6 The Client Money Standing Authority may be revoked by giving WLSL written notice addressed to WLSL at WLSL address specified in the Agreement or such other address which WLSL may notify the Client in writing for this purpose. Such notice shall take effect upon the expiry of 14 days from the date of WLSL’s actual receipt of such notice. 26.7 The Client understands that the Client Money Standing authority shall be deemed to be renewed on a continuing basis without the Client’s written consent if WLSL issues the Client a written reminder at least 14 days prior to the expiry date of the Client Money Standing Authority, and the Client does not object to such deemed renewal before such expiry date.
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Related to Client Money Standing Authority

  • Developer Authority Consistent with Good Utility Practice and this Agreement, the Developer may take whatever actions or inactions with regard to the Large Generating Facility or the Developer Attachment Facilities during an Emergency State in order to (i) preserve public health and safety, (ii) preserve the reliability of the Large Generating Facility or the Developer Attachment Facilities, (iii) limit or prevent damage, and (iv) expedite restoration of service. Developer shall use Reasonable Efforts to minimize the effect of such actions or inactions on the New York State Transmission System and the Connecting Transmission Owner’s Attachment Facilities. NYISO and Connecting Transmission Owner shall use Reasonable Efforts to assist Developer in such actions.

  • E1 Authority Data E1.1 The Contractor shall not delete or remove any proprietary notices contained within or relating to the Authority Data.

  • Proper Authority Each Party represents and warrants that the person executing this Grant Agreement on its behalf has full power and authority to enter into this Grant Agreement.

  • Contracting authority The contracting authority of this public contract is Enabel, the Belgian development agency, public-law company with social purposes, with its registered office at Xxx Xxxxx 000, 0000 Xxxxxxxx xx Xxxxxxx (enterprise number 0264.814.354, RPM/RPR Brussels). Enabel has the exclusive competence for the execution, in Belgium and abroad, of public service tasks of direct bilateral cooperation with partner countries. Moreover, it may also perform other development cooperation tasks at the request of public interest organisations, and it can develop its own activities to contribute towards realisation of its objectives. For this procurement contract, Xxxxxx is represented by person(s) who shall sign the award letter and are mandated to represent the organisation towards third parties.

  • Authority Data The Contractor shall use the Authority Data only as necessary for the performance of its obligations under this Contract unless otherwise authorised in writing by the Authority.

  • Good Standing and Government Compliance Borrower shall maintain its and each of its Subsidiaries’ organizational existence and good standing in the Borrower State, shall maintain qualification and good standing in each other jurisdiction in which the failure to so qualify could reasonably be expected to have a Material Adverse Effect, and shall furnish to Bank the organizational identification number issued to Borrower by the authorities of the jurisdiction in which Borrower is organized, if applicable. Borrower shall meet, and shall cause each Subsidiary to meet, the minimum funding requirements of ERISA with respect to any employee benefit plans subject to ERISA. Borrower shall comply in all material respects with all applicable Environmental Laws, and maintain all material permits, licenses and approvals required thereunder where the failure to do so could reasonably be expected to have a Material Adverse Effect. Borrower shall comply, and shall cause each Subsidiary to comply, with all statutes, laws, ordinances and government rules and regulations to which it is subject, and shall maintain, and shall cause each of its Subsidiaries to maintain, in force all licenses, approvals and agreements, the loss of which or failure to comply with which would reasonably be expected to have a Material Adverse Effect.

  • Signing Authority Will the above-named Partner be able to sign contracts on behalf of the Partnership? ☐ Yes ☐ No Partner 2: with a mailing address of . a.) Ownership: %

  • Government End Users The Apple Software and related documentation are “Commercial Items”, as that term is defined at 48 C.F.R. §2.101, consisting of “Commercial Computer Software” and “Commercial Computer Software Documentation”, as such terms are used in 48 C.F.R. §12.212 or 48

  • Interconnection Customer Authority Consistent with Good Utility Practice, this LGIA, and the CAISO Tariff, the Interconnection Customer may take actions or inactions with regard to the Large Generating Facility or the Interconnection Customer’s Interconnection Facilities during an Emergency Condition in order to (i) preserve public health and safety, (ii) preserve the reliability of the Large Generating Facility or the Interconnection Customer’s Interconnection Facilities,

  • Decision-Making Authority BMS shall have the sole decision-making authority for the operations and Commercialization strategies and decisions, including funding and resourcing, related to the Commercialization of Products; provided that such decisions are not inconsistent with the express terms and conditions of this Agreement, including BMS’ diligence obligations set forth in Section 5.1.

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