Investor Compensation Sample Clauses

Investor Compensation. Assets held by XX Xxxx (or its Associates) are protected under the Financial Services Compensation Scheme (FSCS). The FSCS operates three separate schemes for deposits, investment business and contracts of insurance. Maximum limits for compensation apply in the event of a failure of an FCA authorised firm, these limits are currently as follows:  Deposits: 100% of the first £85,000 for claims from 30 January 2017  Investments: 100% of the first £85,000 for claims on or after 1 April 2019  Long-term insurance (e.g. insured pension plans and life assurance): 90% of the claim with no upper limit on the value claimed. There are qualifying conditions under which the FSCS can make compensation payments, these are:  There must be a relevant person in default. This means an FCA authorised firm or an appointed representative who is unable, in the opinion of the FSCS or FCA, to satisfy a claim against it.  There must be an eligible claimant. The FSCS essentially covers individuals (and some small companies).  There must be a protected claim. A valid claim under a civil liability owed by the firm to the claimant. Further information on the FSCS is available on its website xxx.xxxx.xxx.xx
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Investor Compensation. The Custodian is covered by the UK’s Financial Services Compensation Scheme (“FSCS”). Compensation may be available from the FSCS if the Custodian cannot meet its obligations to the Investor. The Investor’s possible entitlement to compensation will depend upon the type of business and the circumstances of the claim. Most types of investment businesses are covered for £50,000 per person per firm. Further information about compensation arrangements is available from the FSCS, xxx.xxxx.xxx.xx.
Sample 1
Investor Compensation. 16.1 WealthKernel is authorised by the FCA and as appropriate this may give you certain rights under the UK Financial Services Compensation Scheme. Depending on the type of business and your circumstances, the happening of certain events compensation may be available from that scheme if WealthKernel cannot meet its obligations to you. Further information about compensation arrangements is available from the Financial Services Compensation Scheme.
Sample 1

Related to Investor Compensation

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

  • Full Compensation Subrecipient agrees to accept the specified compensation as set forth in this Contract as full remuneration for performing all services and furnishing all staffing and materials required, for any reasonably unforeseen difficulties which may arise or be encountered in the execution of the services until acceptance, for risks connected with the services, and for performance by the Subrecipient of all its duties and obligations hereunder.

  • Employees' Compensation The Consultant shall be solely responsible for the following:

  • SALARY AND COMPENSATION ARTICLE 56

  • Extra Compensation 1. CTSO Advisors will be paid twenty-five ($25) per hour (capped at eight (8) hours per day) for non-discretionary CTSO activities (e.g., conferences, conventions, and competitions) involving students on days not scheduled as part of the regular school year calendar.

  • Basic Compensation An employee, at the employee's option, may report to court when subpoenaed or remain on call. If the employee elects to appear in court, the division supervisor must be notified, at the latest, one administrative day prior to the scheduled court appearance. If the employee wishes to remain on call, the employee must be able to appear in court not more than one hour after being notified that the employee's appearance is required in court. To appear in court more than an hour after having been notified will void the employee's right to on-call compensation. An employee need not remain at home, but must be available for telephonic notification at a location where the supervisor knows the employee can be reached.

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