Common use of Establishment of an Account Clause in Contracts

Establishment of an Account. SLK agrees to establish on its books and records an account in the name of a prime broker for Broker's clients and to maintain same providing SLK receives from said client SIA Form 151 "Executing Broker Customer Agreement" and all other documents SLK may deem appropriate. Broker shall provide SLK with the Prime Broker tax ID number and the full street address of its client, the "SIA Form 151" as well as the necessary settlement instructions.

Establishment of an Account. SLK agrees to establish on its books and records an account in the name of a prime broker for Broker's ’s clients and to maintain same providing SLK receives from said client SIA Form 151 "“Executing Broker Customer Agreement" ” and all other documents SLK may deem appropriate. Broker shall provide SLK with the Prime Broker tax ID number and the full street address of its client, the "“SIA Form 151" ” as well as the necessary settlement instructions.