Form of cash deposit. 1. For collaterals that are provided in the form of a cash deposit in a dedicated Business Account the following conditions shall apply: (a) the money shall be deposited in a dedicated Business Account at a financial institution selected by the Allocation Platform; (b) the dedicated Business Account shall be opened and used in accordance with additional financial terms to be concluded between the Allocation Platform, or where relevant the financial institution and the Registered Participant; (c) until withdrawal as permitted by the following provisions of Article 26, the cash deposit in the dedicated Business Account belongs to the Registered Participant if not stated otherwise in the additional financial terms in accordance with Article 17; (d) withdrawals from the dedicated Business Account pursuant to Article 24 and Article 26 may be made solely on the instruction of the Allocation Platform; (e) interest on the amount deposited in the dedicated Business Account shall accrue for the benefit of the Registered Participant, after deduction of taxes and bank charges if any.
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Samples: Allocation Rules for Forward Capacity Allocation, Allocation Rules for Forward Capacity Allocation, Allocation Rules for Forward Capacity Allocation
