Common use of Fund Balance Clause in Contracts

Fund Balance. Any cash held for the Client, other than cash received by GTJAS in respect of settling a Transactions 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 an rate as stipulated by GTJAS’s sole discretion from time to time.

Fund Balance. Any cash held for the Client, other than cash received by GTJAS in respect of settling a Transactions and of fulfilling other debt obligations by the Client, shall be credited to a client trust account maintained with a licensed bank nominated by GTJAS as required by the applicable laws and regulations from time to time. The Client’s Account will may be credited with part or all interests GTJAS earned or received from its banker in such client trust account as GTJAS at an rate as stipulated by GTJAS’s sole its absolute discretion from time to timethinks fit.