Participant Rights. 3.1.1 Where You authorise State One to buy Financial Products, You will pay for those Financial Products within two (2) Business Days of the date of purchase. 3.1.2 Subject to Clause 3.1.3, State One is not obliged to Transfer Financial Products into the Participant Sponsored Holding, where the payment for those Financial Products has not been received, until the payment is received. 3.1.3 Where a contract for the purchase of Financial Products remains unpaid, after State One has made a demand of You to pay for the Financial Products, State One may sell those Financial Products that are the subject of that contract at Your risk and expense and that expense will include brokerage, GST and stamp duty.
Appears in 4 contracts
Samples: Participant Sponsorship Agreement, Participant Sponsorship Agreement, Client Agreement
