Common use of Opening and Management of Securities Account Clause in Contracts

Opening and Management of Securities Account. (1) Party A shall, in accordance with applicable laws, market practice and relevant business rules, authorize Party B to open and manage the Securities Account related to the Entrusted Assets. (2) Party A shall provide Party B with assistance necessary for the opening of Securities Account. Party B shall complete the procedures for opening such account in a timely manner and notify Party A of relevant account information within two Business Days upon the opening of such account. (3) Without Party A’s written consent, Party B shall not employ or lend the Securities Account at its own discretion, nor shall Party B engage in the business activities unrelated to the Entrusted Assets using the Securities Account. (4) As at the end of the entrusted management business, Party B shall promptly return Party A the Securities Account card related to the entrusted management business, and assist Party A in canceling the Securities Account, Fund Account and relevant seat setup, including, without limitation, the clearing and data transmission setup at the securities registration house, until such account has been transferred to the successor investment manager as required by Party A.

Opening and Management of Securities Account. (1) Party A shall, in accordance with applicable laws, market practice and relevant business rules, authorize Party B to open and manage the Securities Account related to the Entrusted Assets. (2) Party A shall provide to Party B with assistance necessary for the opening of Securities Account. Party B shall complete the procedures for opening such account in a timely manner fashion and notify Party A of relevant account information within two Business Days business days upon the opening of such account. (3) Without Party A’s written consent, Party B shall not employ or lend the Securities Account at on its own discretion, nor shall . Party B shall not engage in the business activities unrelated to the Entrusted Assets using the Securities Account. (4) As at the end Upon ending of the entrusted management business, Party B shall promptly return to Party A the Securities Account card related to the entrusted management business, and assist Party A in canceling the Securities Account, Fund Account and relevant seat setup, including, without limitation, the clearing and data date transmission setup at the securities registration house, until such account has been transferred to the successor next investment manager as required by Party A.

Opening and Management of Securities Account. (1) Party A shall, in accordance with applicable laws, market practice and relevant business rules, authorize Party B to open and manage the Securities Account related to the Entrusted Assets. (2) Party A shall provide Party B with assistance necessary for the opening of Securities Account. Party B shall complete the procedures for opening such account in a timely manner and notify Party A of relevant account information within two Business Days upon the opening of such account. (3) Without Party A’s written consent, Party B shall not employ or lend the Securities Account at its own discretion, nor shall Party B engage in the business activities unrelated to the Entrusted Assets using the Securities Account. (4) As at the end of the entrusted management business, Party B shall promptly return Party A the Securities Account card related to the entrusted management business, and assist Party A in canceling the Securities Account, Fund Account and relevant seat setup, including, without limitation, the clearing and data date transmission setup at the securities registration house, until such account has been transferred to the successor investment manager as required by Party A.