Opening of Accounts. A. At the time of the opening of each Introduced Account, the Introducing Firm shall furnish the Clearing Firm with all financial and personal information concerning such Introduced Accounts as the Clearing Firm may reasonably require. At the time of the opening of Introduced Accounts that are margin accounts, the Introducing Firm shall furnish the Clearing Firm with executed customers' agreements, hypothecation agreements and consents to loans of securities (collectively, the "margin agreement"). The Clearing Firm shall supply the Introducing Firm with "new account" and margin agreement forms regarding margin accounts in sufficient quantities, such forms to be submitted to the Clearing Firm upon their completion by the Introducing Firm, If any Introduced Account may have been opened without the Clearing Firm having previously received the foregoing information or, in the case of a margin account, without the Clearing Firm having previously received properly executed margin agreements, failure of the Clearing Firm to receive such information or margin agreements shall not be deemed to be a waiver of the information requirements set forth herein. Upon the written or oral request of the Clearing Firm, the Introducing Firm shall furnish the Clearing Firm with any other documents and agreements executed by the Introduced Account on forms which shall be supplied by the Clearing Firm in sufficient quantities and which may reasonably be required by the Clearing Firm in connection with the opening, operating or maintaining of Introduced Accounts. The Clearing Firm may, at its election, mail margin agreement or "new account" forms directly to the Introduced Accounts upon notification by the Introducing Firm, and/or require completion of its own margin agreement or "new account" forms and, if required, option account agreements for the Introduced Accounts. The Introducing Firm shall promptly provide the Clearing Firm with basic data and copies of documents relating to each of the Introduced Accounts, including, but not otherwise limited to, copies of records of any receipts of the Introduced Accounts' funds and/or securities received directly by the Introducing Firm, as shall be necessary for the Clearing Firm to discharge its service obligations hereunder.
B. At the time of the opening of any agency Introduced Account, the Introducing Firm shall furnish the Clearing Firm with the name of any principal for whom the Introducing Firm is acting as agent, and written ev...
Opening of Accounts. Prompt written notice (such notice to include reasonably detailed information regarding the account number, purpose and applicable bank or other institution in respect of such Deposit Account, Commodities Account or Securities Account) to the Administrative Agent of any Deposit Account, Commodities Account or Securities Account (other than an Excluded Account) opened by the Borrower or any Guarantor.
Opening of Accounts. Other than the Accounts, the Borrower shall not open or continue to maintain any accounts with any financial institution, unless the Agent (acting on the instructions of the Majority Lenders) has consented in writing to such accounts.
Opening of Accounts. 1.1 The opening of an Account with the Bank is subject to the approval of the Bank. The Customer shall be bound by such terms and conditions imposed by the Bank from time to time on the opening, maintenance and operation of such Account.
1.2 The Customer agrees to open, maintain and operate one Multi Currency Current Account and one Multi Currency Term Deposit for each Wealth Portfolio subject to these terms and conditions.
Opening of Accounts. 18 15. BORROWER'S GENERAL ACCOUNT.........................................................................
Opening of Accounts. (a) So long as any Advance remains outstanding, the Borrower shall maintain in its own name at the relevant branch of the Bank the following accounts, which shall be charged by way of a first ranking fixed charge in favour of the Bank as security:
(i) the Loan Account; and
(ii) the Revenue Account.
(b) The relevant branch of the Bank is, at the date of this Agreement, the Loan Office. The Bank may change the place of the relevant branch (or the relevant branch to apply to a particular Account) by notice to the Borrower and any other party that is required to pay sums into such Account.
(c) The following provisions of this Clause shall govern the operation of the Accounts, provided that:
(i) the Borrower shall also complete the Bank's standard account mandate form for each Account; and
(ii) the Bank's standard terms and conditions, if any, applicable to similar accounts maintained with the Bank and in force from time to time shall apply to the operation of the Accounts and the rights and obligations of the Bank and the Borrower in relation thereto (subject to any exceptions specifically agreed, in writing, between Borrower and the Bank). Should there be any conflict between the provisions of this Agreement and such standard terms and conditions, then this Agreement shall prevail. The Bank shall send the Borrower a copy of any new set of standard terms and conditions promptly following their issuance.
(d) The Bank and the Borrower may agree that a further account(s) is/are required to deal with any category of payments or receipts not contemplated by the following provisions of this Clause 17 (Accounts). In such case, the Bank and the Borrower shall agree upon procedures and rules to govern the operation of such further account or accounts in a supplement to this Clause and, once agreed, such supplement shall be deemed to form part of this Clause 17 (Accounts). The Bank shall send a copy of any such supplement to the Borrower.
Opening of Accounts. A. At the opening of each Introduced Account, the Introducing Firm shall furnish Schroder with all customary information concerning its customer which Schroder requests. At the time of the opening of an Introduced Account, Schroder shall cause to be delivered to and solicit the return from the customer, Customers' Agreements on Schroder's forms (or assignments, in form satisfactory to Schroder, of existing agreements between the customer and the Introducing Firm) and such other documents as Schroder shall deem xxxessary with respect to the account. Schroder's failure to receive any of the above documents required to be executed and returned shall not be deemed a waiver of the above requirements. Schroder shall also inform the customer of the existence of this Agreement pursuant to Rule 382(c) of the New York Stock Exchange. In addition, on Schroder's request, the Introducing Firm shall furnish Schroder with any other documents, letters and/or agreements which may be reasonably requested by Schroder in connection with the opening, operating or maintaining of any Introduced Account.
B. The Introducing Firm and Schroder shall each have the right to reject any account. Schroder shall have the right, in its sole discretion, to reject any account accepted by the Introducing Firm which is then referred to Schroder, and the right to terminate any account previously accepted by it. Any such action will be discussed in advance with the Introducing Firm. Any account previously accepted by Schroder may not be terminated by the Introducing Firm except by written notice to Lewco Securities Corp., 2 Brxxxxxx, Xxx Xxxx, XX 00000, xx a form provided by Lewco Securities Corp. in order to permit the closing of all open transactions.
Opening of Accounts. After entering into the Tripartite Agreement of Discretionary Investment with the Fund and the Custodian, HSBC Taiwan shall instruct the Custodian to enter into relevant account-opening and brokerage agreements or other contracts, if necessary, with the securities firm(s), futures commission merchant(s) or any other transaction counterparty (the Trading Counterparty ) on behalf of the Fund, and to open the relevant investment trading accounts, futures trading accounts, a centralized securities depository account, bank deposit accounts, the custody account and any other accounts necessary for executions of transaction of DIM Assets.
Opening of Accounts. As from the Signature Date to the Facilities Discharge Date, the Borrower shall open and maintain, with the Account Bank, in the name of the Borrower, the following accounts:
14.1 Debt Service Account DRD Isle of Man Limited; 124955/01
14.2 Proceeds Account DRD Isle of Man Limited. 124960/01 each of which shall be a separate account unless otherwise agreed by the Lender. COMMOM TERMS AGREEMENT EXECUTION COPY
Opening of Accounts. Clearing Broker shall establish Accounts for Customers introduced by Correspondent, upon receipt from Correspondent of the information described in Section 3.1. Upon receipt of information from Correspondent changing or correcting any information with respect to the Account, Clearing Broker will make such change or correction.
