Common use of Purchasing Securities Clause in Contracts

Purchasing Securities. 4.1 Instructions to purchase Securities are denominated in euros, unless FitVermogen has indicated otherwise for the Security in question. 4.2 If the Security in question is exclusively listed or available in a currency other than the euro, FitVermogen will execute the Securities Order at the rates applied by the Executing Institution on the day on which FitVermogen executes the Securities Order in accordance with Article 4.5. The number of Securities to be purchased will be determined by dividing the purchase price by the rate on the day on which FitVermogen executes the Securities Order. 4.3 FitVermogen only processes a Securities Order to purchase Securities after you have transferred the pur- chase price from your Bank Account to FitVermogen and this amount has been credited to your FitVermo- gen account via the Central Bank Account. If you place a Securities Order but do not transfer the purchase price for the Securities Order, the instruction will lapse on the fifth calendar day that the purchase price has not been credited to your FitVermogen account via the Central Bank Account. This period of five calendar days commences at the moment at which you issue the Securities Order and expires five calendar days later at the moment at which FitVermogen checks whether the purchase price has been credited to your FitVer- mogen account in accordance with the provisions in paragraph 4 of this Article. You can transfer the pur- chase price using the i-DEAL system, via Internet banking or via a standard bank transfer in accordance with the instructions on the Website. 4.4 FitVermogen will check once every day whether the purchase price has been credited to your FitVermogen account. FitVermogen only processes the Securities Order for the purchase of Securities at the moment at which your purchase amount has been credited and the order has been entered by you. If FitVermogen as- certains that your purchase price has been credited to your FitVermogen account before 1.15 p.m. and the order has been entered by you before 1.15 p.m., FitVermogen will send the Securities Order to the Stock Exchange, or – in the event of non-listed Securities – to the Issuing Institution on the same day. 4.5 If FitVermogen ascertains that your purchase price has been credited at or after 1.15 p.m. but before 1.30

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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Purchasing Securities. 4.1 Instructions to purchase Securities are denominated in euros, unless FitVermogen has indicated otherwise for the Security in question. 4.2 If the Security in question is exclusively listed or available in a currency other than the euro, FitVermogen will execute the Securities Order at the rates applied by the Executing Institution on the day on which FitVermogen executes the Securities Order in accordance with Article 4.5. The number of Securities to be purchased will be determined by dividing the purchase price by the rate on the day on which FitVermogen executes the Securities Order. 4.3 FitVermogen only processes a Securities Order to purchase Securities after you have transferred the pur- chase price from your Bank Account to FitVermogen and this amount has been credited to your FitVermo- gen account via the Central Bank Account. If you place a Securities Order but do not transfer the purchase price for the Securities Order, the instruction will lapse on the fifth calendar day that the purchase price has not been credited to your FitVermogen account via the Central Bank Account. This period of five calendar days commences at the moment at which you issue place the Securities Order and expires five calendar days later at the moment at which FitVermogen checks whether the purchase price has been credited to your FitVer- mogen FitVermogen account in accordance with the provisions in paragraph 4 of this Article. You can transfer the pur- chase purchase price using the i-DEAL system, via Internet banking or via a standard bank transfer in accordance with the instructions on the Website. 4.4 FitVermogen will check once every day whether the purchase price has been credited to your FitVermogen account. FitVermogen only processes the Securities Order for the purchase of Securities at the moment at which your purchase amount has been credited and the order has been entered by you. If FitVermogen as- certains ascertains that your purchase price has been credited to your FitVermogen account before 1.15 p.m. and the order has been entered by you before 1.15 p.m., FitVermogen will send the Securities Order to the Stock Exchange, or – in the event of non-listed Securities – to the Issuing Institution on the same day. 4.5 If FitVermogen ascertains that your purchase price has been credited at or after 1.15 p.m. but before 1.30before

Appears in 2 contracts

Samples: Terms and Conditions, Terms and Conditions

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Purchasing Securities. 4.1 Instructions to purchase Securities are denominated in euros, unless FitVermogen has indicated otherwise for the Security in question. 4.2 If the Security in question is exclusively listed or available in a currency other than the euro, FitVermogen will execute the Securities Order at the rates applied by the Executing Institution on the day on which FitVermogen executes the Securities Order in accordance with Article 4.5. The number of Securities to be purchased will be determined by dividing the purchase price by the rate on the day on which FitVermogen executes the Securities Order. 4.3 FitVermogen only processes a Securities Order to purchase Securities after you have transferred the pur- chase price from your Bank Account to FitVermogen and this amount has been credited to your FitVermo- gen account via the Central Bank Account. If you place a Securities Order but do not transfer the purchase price for the Securities Order, the instruction will lapse on the fifth calendar day that the purchase price has not been credited to your FitVermogen account via the Central Bank Account. This period of five calendar days commences at the moment at which you issue the Securities Order and expires five calendar days later at the moment at which FitVermogen checks whether the purchase price has been credited to your FitVer- mogen account in accordance with the provisions in paragraph 4 of this Article. You can transfer the pur- chase price using the i-DEAL iDEAL system, via Internet banking or via a standard bank transfer in accordance with the instructions on the Website. 4.4 FitVermogen will check once every day whether the purchase price has been credited to your FitVermogen account. FitVermogen only processes the Securities Order for the purchase of Securities at the moment at which your purchase amount has been credited and the order has been entered by you. If FitVermogen as- certains that your purchase price has been credited to your FitVermogen account before 1.15 p.m. and the order has been entered by you before 1.15 p.m., FitVermogen will send the Securities Order to the Stock Exchange, or – in the event of non-listed Securities – to the Issuing Institution on the same day. 4.5 If FitVermogen ascertains that your purchase price has been credited at or after 1.15 p.m. but before 1.30

Appears in 1 contract

Samples: Fitvermogen Agreement

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