Common use of Deposited Cash and Property Clause in Contracts

Deposited Cash and Property. I/We should familiarize myself/ourselves with the protections given to money or other property I/we deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which I/we may recover my/our money or property may be governed by specific legislation or local rules. In some jurisdictions, property which had been specifically identifiable as my/our own will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall.

Appears in 5 contracts

Samples: Client Master Agreement, Client Master Agreement, Client Master Agreement

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Deposited Cash and Property. I/We You should familiarize myself/ourselves familiarise yourself with the protections given accorded to you in respect of money or other property I/we you deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which I/we you may recover my/our your money or property may be governed by specific legislation or local rules. In some jurisdictions, property property, which had been specifically identifiable as my/our own your own, will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall.

Appears in 2 contracts

Samples: Terms of Business, Investment Sub Advisory Agreement (Mlig Variable Insurance Trust)

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Deposited Cash and Property. I/We should familiarize familiarise myself/ourselves with the protections given to money or other property I/we deposit for domestic and foreign transactions, particularly in the event of a firm insolvency or bankruptcy. The extent to which I/we may recover my/our money or property may be governed by specific legislation or local rules. In some jurisdictions, property which had been specifically identifiable as my/our own will be pro-rated in the same manner as cash for purposes of distribution in the event of a shortfall.

Appears in 2 contracts

Samples: Client Master Agreement, Client Master Agreement

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