Common use of INACTIVE & DORMANT ACCOUNTS Clause in Contracts

INACTIVE & DORMANT ACCOUNTS. 22.1. The Company has established, implemented and maintains an Inactive and Dormant Account Policy that is as follows: When a client with any trading account(s) held with the Company under any of its brands has not: a. Placed a trade; b. Opened or closed positions; and/or c. Made a deposit into the client’s trading account, for a period of at least 90 (ninety) consecutive days, his account shall be classified by the Company as an Inactive Account.

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

AutoNDA by SimpleDocs

INACTIVE & DORMANT ACCOUNTS. 22.121.1. The Company has established, implemented and maintains an Inactive and Dormant Account Policy that is as follows: When a client with any trading account(s) held with the Company under any of its brands has not: a. a) Placed a trade; b. b) Opened or closed positions; and/or c. c) Made a deposit into the client’s trading account, for a period of at least 90 (ninety) consecutive days, his account shall be classified by the Company as an Inactive Account.

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

INACTIVE & DORMANT ACCOUNTS. 22.1. The Company has established, implemented and maintains an Inactive and Dormant Account Policy that is as follows: : a). When a client with any trading account(sof his/her Trading Account(s) held with the Company under any of its brands has not: a. i) Placed a trade; b. ii) Opened or closed positions; and/or c. iii) Made a deposit into the client’s trading account, for a period of at least 90 (ninety) consecutive days, his account his/her Client’s Profile shall be classified by the Company as an Inactive Account.

Appears in 1 contract

Samples: Client Agreement

AutoNDA by SimpleDocs

INACTIVE & DORMANT ACCOUNTS. 22.1. The Company has established, implemented and maintains an Inactive and Dormant Account Policy that is as follows: When a client with any trading account(s) held with the Company under any of its brands has not: a. Placed a trade; b. Opened or closed positions; and/or c. Made a deposit into the client’s trading account, for a period of at least 90 (ninety) consecutive days, his account shall be classified classified by the Company as an Inactive Account.

Appears in 1 contract

Samples: Client Agreement

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