Common use of Other Transfers of Accounts Clause in Contracts

Other Transfers of Accounts. When Southwest receives a properly executed authorization to transfer a Customer Account from the receiving broker/dealer, Southwest shall promptly transfer the Customer Account to such receiving broker/dealer. Correspondent shall discontinue doing business in any Customer Account scheduled for transfer.

Appears in 4 contracts

Samples: Disclosed Clearing Agreement (Raike Financial Group Inc/Ga), Disclosed Clearing Agreement (Davis & Associates), Disclosed Clearing Agreement (All Tech Investment Group Inc /De/)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!