Common use of Segregation of Designated Investments Clause in Contracts

Segregation of Designated Investments. We keep client money separate from our own money. We may do this by paying it into a client bank account. However, we may also do this by arranging to hold separately permitted designated investments with the value at least equivalent to the money that would otherwise have been paid into a client bank account. If we do this we will be responsible for meeting any shortfall in our client money resource which is attributable to falls in the market value of a segregated investment.

Appears in 13 contracts

Samples: Terms of Business Agreement, Terms of Business Agreement, Terms of Business Agreement

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