Intraday Reports Clause Samples
The Intraday Reports clause requires parties to provide updates or reports on certain activities or transactions at specified intervals throughout the business day. Typically, this clause applies to financial transactions, trading activities, or operational processes where timely information is critical, and it may mandate the delivery of data such as trade confirmations, position updates, or risk metrics multiple times during the day. Its core function is to ensure that all parties have up-to-date information to manage risk, make informed decisions, and maintain transparency in fast-moving environments.
Intraday Reports. The Client acknowledges that intraday reports received by the Client by means of any Communication Product may contain information that is subject to correction, and that corrections of such information will routinely occur without notice to the Client. The Client understands that intraday reports are provided for informational purposes only and are not to be relied upon for purposes of final reconciliations or otherwise. Neither ▇▇▇▇▇▇ Guaranty Trust Company of New York nor any affiliate or subsidiary of ▇▇▇▇▇▇ Guaranty Trust Company of New York that provides data with respect to intraday reports makes any representation or warranty that such reports are accurate or complete.
Intraday Reports. The Client acknowledges that intraday reports received by the Client by means of any Communication Product may contain information that is subject to correction, and that corrections of such information will routinely occur without notice to the Client. The Client understands that intraday reports are provided for informational purposes only and are not to be relied upon for purposes of final reconciliations or otherwise. Neither Morgan Guaranty Trust Company of New ▇▇▇▇ ▇or any affiliate or subsidiary of Morgan Guaranty Trust Company of New ▇▇▇▇ ▇hat provides data with respect to intraday reports makes any representation or warranty that such reports are accurate or complete. _______________________________ 1In addition to the central bank, if applicable. 2JSA currently does not meet Rule 17-5 requirements. 3Citibank meets the capital requirements of Rule 17f-5 and Ottoman bank currently does not.
Intraday Reports. The Client acknowledges that intraday reports received by the Client by means of any Communication Product may contain information that is subject to correction, and that corrections of such information will routinely occur without notice to the Client. The Client understands that intraday reports are provided for informational purposes only and are not to be relied upon for purposes of final reconciliations or otherwise. Neither Morgan Guaranty Trust Company of N▇▇ ▇▇▇k nor any affiliate or subsidiary of Morgan Guaranty Trust Company of N▇▇ ▇▇▇k that provides data with respect to intraday reports makes any representation or warranty thatsuch reports are accurate or complete. JPMorgan Morgan Guaranty October 25, 1996 Trust Company of New York 60 Wall Street New York NY 10260-0▇▇▇ ▇▇: ▇▇▇▇▇ Series Fund, Inc. (SPN 1398326) The Bank of New York agr▇▇▇ ▇▇ acquire our Global, US and UK custody business and related businesses. We are confident that The Bank of New York, a premier custodian, will continue J.P. Morgan's tradition of strivin▇ ▇▇ ▇▇▇▇▇▇▇ outstanding service to clients. Indeed, The Bank of New York will serve the custody needs of our own internal business groups. The closing of the acquisition transaction took place on December 31, 1995. It is contemplated that J.P. Morgan will assign to The Ban▇ ▇▇ ▇▇▇ ▇▇rk all of J.P. Morgan's obligations and righ▇▇ ▇▇▇▇▇ ▇▇▇ Domestic and Global Custody agreement that is currently in effect between Maxim Series Fund, Inc. and J.P. Morgan and the related custod▇ ▇▇▇▇▇▇▇▇. The actual transfer of your assets and accounts to The Bank of New York's systems will be scheduled in consultation with you. We will work very closely with you and The Bank of New York to make sure that the transition is handled as smoothly as possible. Until your move to The Bank of New York's systems, J.P. Morgan will continue to handl▇ ▇▇▇▇ ▇▇▇▇ness, as an agent for The Bank of New York. We trust that this arrangement is satisfactory to you, and would be pleased to discuss any aspect of the transaction with you in greater detail. We would appreciate it if you would confirm Maxim Series Fund, Inc.'s consent to the transfer by signing in the space below and returning this letter to us.
Intraday Reports. The Client acknowledges that intraday reports received by the Client by means of any Communication Product may contain information that is subject to correction, and that corrections of such information will routinely occur without notice to the Client. The Client understands that intraday reports are provided for informational purposes only and are not to be relied upon for purposes of final reconciliations or otherwise. Neither M▇▇▇▇▇ Guaranty Trust Company of New York nor any affiliate or subsidiary of M▇▇▇▇▇ Guaranty Trust Company of New York that provides data with respect to intraday reports makes any representation or warranty that such reports are accurate or complete. 3 Rev. 9/28/93 2.CUS This Agreement is made this 24th day of June, 1991 between Maxim Series Fund, Inc. (the “Company”), a Maryland corporation, and M▇▇▇▇▇ Guaranty Trust Company of New York (“M▇▇▇▇▇”).
1. M▇▇▇▇▇ will open and maintain an account on behalf of the Company (the “Account”) and hold therein all cash, securities and other property as shall from time to time be received and accepted by M▇▇▇▇▇ pursuant to this Agreement, and will collect and receive all income, monies and other properties paid or deposited in respect of the property held in the Account or realized on the sale or other disposition of property in the Account. All assets in the Account shall be held for the use and benefit of the Company, shall remain the specific property of the Company and shall not be subject to any claim made by the Bank against the Company, nor to any right of set off by the Bank and, except for cash, shall not be subject to the claim of any third party against the Bank.
2. M▇▇▇▇▇ will, upon instructions of the Company given as provided in paragraph 14: (a) deliver or receive securities and other property, (b) convert, redeem or exchange for other securities and other property any securities or other property at any time held in the Account, and (c) transfer or make payments from the Account of securities and other property to such persons as may from time to time be specified by the Company.
3. M▇▇▇▇▇ shall notify Company of any fractional interests in securities received by M▇▇▇▇▇ as a result of stock dividends and will dispose or sell of such fractional interests.
4. When M▇▇▇▇▇ is instructed to receive securities against payment, the Company will have funds or equivalent receivables on deposit with M▇▇▇▇▇ or have funds made available to M▇▇▇▇▇ in advance for such purpose.
5. M▇▇▇▇▇ is...