Common use of Recordkeeping and Reporting Clause in Contracts

Recordkeeping and Reporting. 9.4 The T4CB shall: (a) report, on a monthly basis, one balance owing to or from the T4IB reflecting all accounts of Clients in aggregate (which aggregate report shall not release, discharge, limit or otherwise affect the T4CB's obligations and liabilities to the individual Clients); (b) report principal business of the T4IB as a client account in reports made, including in the Form 1 or the Monthly Financial Report, and (c) comply with the free credit segregation rules in connection with Client accounts as required by the Form 1 made, in accordance with applicable law and SRO Requirements. Copies of such reports and calculations shall be delivered to the Applicable SROs.

Recordkeeping and Reporting. 9.4 9.5 The T4CB T3CB shall: (a) report, on a monthly basis, one balance owing to or from the T4IB T3IB reflecting all accounts of Clients in aggregate (which aggregate report shall not release, discharge, limit or otherwise affect the T4CBT3CB's obligations and liabilities to the individual Clients); (b) report principal business of the T4IB T3IB as a client account in reports made, including in the Form 1 or the Monthly Financial Report, and (c) comply with the free credit segregation rules in connection with Client accounts as required by the Form 1 made, in accordance with applicable law and SRO Requirements. Copies of such reports and calculations shall be delivered to the Applicable SROs. B. Undertakings of the T3IB 1. Minimum Capital

Recordkeeping and Reporting. 9.4 9.5 The T4CB T3CB shall: (a) report, on a monthly basis, one balance owing to or from the T4IB T3IB reflecting all accounts of Clients in aggregate (which aggregate report shall not release, discharge, limit or otherwise affect the T4CBT3CB's obligations and liabilities to the individual Clients); (b) report principal business of the T4IB T3IB as a client account in reports made, including in the Form 1 or the Monthly Financial Report, and (c) comply with the free credit segregation rules in connection with Client accounts as required by the Form 1 made, in accordance with applicable law and SRO Requirements. Copies of such reports and calculations shall be delivered to the Applicable SROs.