Common use of Closing Services Clause in Contracts

Closing Services. A.DriveWealth will conduct closings in which funds are delivered to Issuer’s account in amounts equal to subscription requests Issuer has accepted (when applicable), and Securities identified by a single alpha and or numeric identifier (“Ticker” or “CUSIP”) are transferred into Customer Accounts (actions collectively referred to as a “Closing”). These services include anti-money laundering (“AML”), Office of Foreign Asset Control (“OFAC”) and related services required for any funds transfers.

Appears in 9 contracts

Samples: Custody Agreement (RSE Portfolio, LLC), Custody Agreement (RSE Collection, LLC), Custody Agreement (RSE Portfolio, LLC)

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