Multiple Accounts Sample Clauses
Multiple Accounts. If Client opens more than one Account with this same Agreement using more than one New Account Form (electronically or otherwise), Client agrees that this Agreement applies to each individual Account. This is also true as to any additional Accounts opened in the future with additional New Account Forms. Client recognizes that each Account is independently managed and may not open at the same time. If Client terminates one or more Accounts, this Agreement stays in full force and effect as to all other Accounts still being managed. As to the closed accounts the sections listed in section 15 shall survive as provided above. In the case when assets within an Account will be liquidated in order to fund another Account, Management may liquidate these assets prior to the Account opening on Management’s reporting and portfolio management system. Thus, all reporting to Client from Management will not include these liquidating transactions. If Client is updating the equity strategy for a pre-existing account, please note that there may be a period of time in which the account cannot be traded, leaving the account temporarily exposed to market risk. If this is a new account that is being funded from existing Xxxxxxxxx managed account(s) under this same agreement, please note that for the funding account(s) there may be a period of time during which the account(s) cannot be traded, leaving the account(s) temporarily exposed to market risk. Management will use its sole discretion as to the timing of converting a pre-existing account into another equity strategy. Management may choose to delay the sale of certain investments due to tax or investment reasons while the remaining portion of the account is converted well in advance.
Multiple Accounts. 13.6.1. Several Clients may have more than one account, in this event the Company treats all accounts under one account to minimize the number maintained by a single person.
13.6.2. If the Client is one of those that holds several accounts, all Terms and Conditions set by the Company are still applied. The Client agrees that he/she is liable to every loss and damage he/she encounters, all relevant consequences and restrictions that entail with the Client’s main account are also applied to the sub-account.
Multiple Accounts. (1) You may open multiple accounts denominated in different currencies by using different email address details. The operation of multiple accounts may mean that you incur additional costs.
(2) You may open opposite positions in the same currency cross (for example) on the same account. Such positions will not cancel (close) each other out. You are specifically made aware that unless closed manually, all such positions may be rolled over on a continuous basis and thereby consequently all incur a cost for such roll-over.
(3) Keeping opposite positions open on different accounts will result in both positions being continuously rolled over (and thereby continuously being charged the applicable Overnight Funding Fee) until manually closed.
(4) If you have opened more than one account, Margin or Collateral deposited on one account will not automatically serve as Margin coverage on the other Account(s). You may therefore receive Margin Calls and Closed Outs on one Account despite having additional collateral available on other Accounts. It is your sole responsibility to manage your available Margin or Collateral to satisfy your margin obligations.
(5) However, if you have deposited money or Collateral on one Account, Mitrade may (but without creating an obligation to do so), transfer money or Collateral from one Account to another, even if such transfer will necessitate the closing of margin trades on the Account from which the transfer takes place.
(6) Where you have opened more than one Account with us, we will treat your Accounts as entirely separate except as otherwise expressly provided in these Terms. Any amount standing to your credit on one Account does not, except where we exercise our rights under this Client Agreement, discharge any of your liabilities in respect of another Account.
(7) Where you request in writing, we may, in our absolute discretion, agree to treat your Accounts as one Account. In this case, all references to your Account in this Client Agreement are taken to be your aggregated Accounts. Such a request, if agreed by us, takes effect on the date we notify you, which is to be no later than 7 days from the date of our receipt of your request.
Multiple Accounts. We may use any money in any of your accounts with us to pay the money owing. If you have more than one account with us (either alone or with someone else) we may treat your accounts as one account. We do not have to do so in either case. We also do not have to tell you before we do. However, we will provide you with details of such amounts or any combination of accounts upon request from you.
Multiple Accounts. Senders may only have one active account. If we determine that a Sender is using multiple accounts we reserve the right to merge or
Multiple Accounts. Calculations, reporting and administration may be performed by us separately for each of your Accounts, so that (without limitation):
(a) Margin calculations may be managed and enforcement action may be taken for each Account separately; and
(b) We may at any time aggregate one or more Accounts (for reporting or managing Margins or otherwise for the purposes of this Client Agreement), even if you cannot immediately access reports for aggregated Accounts. We may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount We owes you in any other Account, without notice. We may choose, in its absolute discretion, which Contracts to apply to offset the debt. For the avoidance of doubt, this right of set off (and other rights of set off under this Client Agreement) apply in respect of rights and obligations across more than one Account. You agree that We may apply the set off as among one or more Accounts, before an Event of Default, on and following an Event of Default.
Multiple Accounts. From time to time, the Principal may instruct the Custodian to open and maintain more than one custody account. Unless the Principal and Custodian otherwise expressly agree, such accounts will be governed by the provisions of this Agreement.
Multiple Accounts. The Customer understands that the FTX trading platform (the “Platform”) is operated by FTX as well as FTX’s affiliate, West Realm Xxxxxx Services Inc., doing business as XXX.XX, a Financial Crimes Enforcement Network (“FinCEN”) registered and state licensed Money Services Business (the “MSB”). Customer understands that in order to access the Platform and open an Account with FTX, that Customer must also open an account with the MSB(the “Customer MSB Account”). Customer’s relationship with each of FTX and MSB (collectively, the “FTX Entities”) with respect to the use of the Platform is controlled by separatedocumentation governing such relationships (collectively, the “Platform Documentation”). For the avoidance of doubt, this Customer Agreement solely governs the relationship between Customer and FTX. Customer understands and acknowledges that their funds are treated differently and subject to separate regulatory regimes depending on whether or not such funds are held in the Customer MSB Account or the Customer Account at the FTX. Specifically, FTX is a member of the Securities Investor Protection Corporation (“SIPC”), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). The MSB maintains Customer MSB Accounts at a bank which is a member of the Federal Deposit Insurance Corporation (FDIC). Customer holdings in their Customer MSB Accounts are insured up to $250,000 per depositor against the failure of the FDIC member bank. FDIC insurance does not protect against the failure of the MSB or malfeasance by any MSB employee. MSB and the bank at which Customer Accounts are held are not members of FINRA or SIPC and therefore your funds held in the Customer MSB Account are not SIPC protected. Customer understands and acknowledges that when accessing the Platform and engaging in various types of activity, including but not limited to buying and selling securities, that Customer funds will move from their Customer MSB Account to their Customer Account at the FTX and vice versa, as indicated and explained in further detail below. CUSTOMER UNDERSTANDS AND AGREES THAT WHEN IT OPENS AN ACCOUNT AND ACCESSES THE PLATFORM, THAT CUSTOMER WILL INTERACT WITH EACH OF THE RELEVANT FTX ENTITIES DEPENDING ON CUSTOMER’S ACTIVITIES ON THE PLATFORM. CUSTOMER FURTHER ACKNOWLEDGES AND UNDERSTANDS THAT CLEAR, EXPLICIT AND REPEATED DISCLOSURES WILL BE PROVIDED TO CUSTOMER AT ALL RELEVANT TIMES DURING CUSTOMER ACCESS OF THE PLATFORM. ...
Multiple Accounts. The Company is entitled, at its sole discretion, to disqualify any Client who committed a fraud or falsified or attempted to falsify the participation process or the progress of any Promotion, or violated this Agreement, Promotional Terms and/or Specific Terms, or who can, in a reasonable opinion of the Company, damage the Company’s reputation and brand or reputation of any company of our group.
Multiple Accounts. Pursuant to Sections 1 and 8 of the Agreement, Browx Xxxthers Harrxxxx & Xo. and Firstar Trust Company have established the Accounts set forth on Appendix B to be separately accounted for under the terms of this Agreement. Appendix B shall be updated from time to time by the Custodian to reflect any changes in the Funds a party to the Agreement.