Fund Balance. Any cash held for the Client, other than cash received by USL in respect of settling a Transaction and of fulfilling other debt obligations by the Client, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time. The Client’s Account will be credited at a rate as stipulated by USL’s sole discretion from time to time.
Appears in 3 contracts
Samples: Client Agreement, Client Agreement, Client Agreement for Securities
Fund Balance. Any cash held for the Client, other than cash received by USL uSMART SG in respect of settling a Transaction and of fulfilling other debt obligations by the Client, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws any Applicable Law from time to time. The Client’s Account will be credited at a rate as stipulated by USLxXXXXX SG’s sole and absolute discretion from time to time.
Appears in 2 contracts
Samples: Client Agreement, Client Agreement
Fund Balance. Any cash held for the Client, other than cash received by USL NECHK in respect of settling a Transaction transactions and of fulfilling other debt obligations by the Client, shall be credited to a client trust the Client’s bank account maintained with a licensed bank as required by applicable laws from time to time. The Client’s Account will be credited at a rate as stipulated by USLNECHK’s sole discretion from time to time.
Appears in 1 contract
Samples: Client Agreement
Fund Balance. Any cash held for the Client, other than cash received by USL USPL in respect of settling a Transaction and of fulfilling other debt obligations by the Client, shall be credited to a client trust account maintained with a licensed bank as required by applicable laws from time to time. The Client’s Account will be credited at a rate as stipulated by USLUSPL’s sole discretion from time to time.
Appears in 1 contract
Samples: Client Agreement
Fund Balance. Any cash held for the Client, other than cash received by USL NECHK in respect of settling a Transaction transactions and of fulfilling other debt obligations by the Client, shall be credited to a client trust the Client’s bank account maintained with a licensed bank as required by applicable laws from time to time. The Client’s Account will be credited at a rate as stipulated by USLXXXXX’s sole discretion from time to time.
Appears in 1 contract
Samples: Client Agreement