Common use of Funds Held by Us Clause in Contracts

Funds Held by Us. We do not hold your funds in trust. Funds are held in a client account separate from the working capital account of the Company. Interest We shall not pay interest on any money held by us as a Payment Reserve, or held for any other reason.

Appears in 2 contracts

Samples: Entity Client Agreement, Individual Client Agreement

AutoNDA by SimpleDocs

Funds Held by Us. We do not hold your funds in trust. Funds are held in a client account separate from the working capital account of the Company. Interest We shall not pay interest on any money held by us as a Payment Reserve, or held for any other reason.

Appears in 2 contracts

Samples: Individual Client Agreement, Client Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!