Common use of Stock Deposit Clause in Contracts

Stock Deposit. The clients willing to transfer the securities in their accounts shall hand over signed written instructions to the Company, indicating the necessary details of the company in question. The Company has the absolute discretion to impose additional fees for such transfers, as it deems fitting, noting that the Company does not guarantee the implementation of such transfers if acted according to the instructions of the client and the executing company was late in its procedures. Hence, the Company shall not bear any losses that may result from such transfer for any reasons beyond its control. The client transfers the securities to the account, valued according to the closing rate at the date of deposit. If the client wishes to enter the transferred stocks to the account at a price different from the closing price on the deposit cost, it is agreed between the parties that this is applicable only upon entering the stock for the first time to the account and that the client is not entitled to adjust the cost price after that.

Stock Deposit. The clients willing to transfer the securities in their accounts shall hand over signed written instructions to the Company, indicating the necessary details of the company in question. The Company has the absolute discretion to impose additional fees for such transfers, as it deems fitting, noting that the Company does not guarantee the implementation of such transfers if acted according to the instructions of the client and the executing company was late in its procedures. Hence, the Company shall not bear any losses that may result from such transfer for any reasons beyond its control. The client transfers the securities to the account, valued according to the closing rate at the date of deposit. If the client wishes to enter the transferred stocks to the account at a price different from the closing price on the deposit cost, it is agreed between the parties that this is applicable only upon entering the stock for the first time to the account and that the client is not entitled to adjust the cost price after that. 13.