Profit Waiver. The Company is not obliged to pay any profit (including interest) to Clients on Client Money held by the Company in any Client Bank Account (other than profit generated through trading Transactions from the Client Trading Account(s) under this Agreement) and consequently Clients waive any and all rights to receive such profit. Clients further acknowledge that the Company may deposit Client Money in overnight deposits and the Company will be entitled to benefit from any profit earned to cover among others registration/ general expenses/ charges/ fees and interest related to the administration and maintenance of the bank accounts.
Appears in 4 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
