Terms and Conditions of Securities Settlement Accounts Sample Clauses

Terms and Conditions of Securities Settlement Accounts. The Undersigned shall be subject to the following terms and condition if he/she/it uses an account opened with the Bank to trade securities (including securities credit transactions), or subscribe for securities or other products and services approved or to be approved by the government authorities in the future and distributed by a securities firm which have the cooperation relationship with the Bank, and therefore authorizes the Bank to handle collection matters between the Undersigned and the securities firm, including but not limited to settlement of the funds from securities transactions, subscription price, service charges, handing fees and other relevant fees associated with the respective businesses or products. The General Terms and Conditions of deposits shall apply to the matters not specified in the following terms and conditions. I. The amount payable by the Undersigned to the securities firm shall be based on the figures recorded in the list or schedule produced by the securities firm and be debited by the Bank from the Undersigned’s Securities Demand Savings Deposits Account (collectively “Securities Settlement Account”) at a stipulated time of settlement or payment and then transferred to the securities firm. The Undersigned agrees that the Bank may provide the information on the balance of the Security Settlement Account to the securities firm that the Undersigned enter into transactions with. II. The amount that the Undersigned is entitled to receive from the securities firm shall be based on the figures recorded in the list or schedule produced by the securities firm and be credited to the Securities Settlement Account by the Bank when the securities firm transfers such amount to the Bank at a Stipulated time of settlement or payment. III. Where there is more than one payment to be made to the securities firm and the balance on the Undersigned’s Securities Settlement Account is only able to cover part of such payments, the Bank will have the right to decide which payment amount shall be transferred to the securities firm first. If the balance of a Securities Settlement Account is insufficient to cover any of those payments, the Bank is entitled not to transfer all or part of the amount to the securities firm and the Undersigned shall take his/her/its full responsibility. IV. If there is any error in the list or schedule produced by the securities firm or any disputes over the amount payable or receivable through the sale of securities, t...
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Related to Terms and Conditions of Securities Settlement Accounts

  • Terms and Conditions of Sale This Price List supersedes all previous price lists.

  • Terms and Conditions of Sales Shares shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration or for which appropriate notice filings have been made, and only to those groups of people which the Board may from time to time determine to be eligible to purchase such shares.

  • STANDARD TERMS AND CONDITIONS OF TRUST Subject to the provisions of Part II hereof, all the provisions contained in the Standard Terms and Conditions of Trust are herein incorporated by reference in their entirety and shall be deemed to be a part of this instrument as fully and to the same extent as though said provisions had been set forth in full in this instrument.

  • TERMS AND CONDITIONS OF THE NOTES The Notes shall be governed by all the terms and conditions of the Indenture, as supplemented by this First Supplemental Indenture. In particular, the following provisions shall be terms of the Notes:

  • Terms and Conditions of Payment Payments will be made to the Service Provider according to the payment schedule stated in the SCC. Unless otherwise stated in the SCC, the advance payment (Advance for Mobilization, Materials and Supplies) shall be made against the provision by the Service Provider of a bank guarantee for the same amount, and shall be valid for the period stated in the SCC. Any other payment shall be made after the conditions listed in the SCC for such payment have been met, and the Service Provider have submitted an invoice to the Procuring Entity specifying the amount due.

  • Conditions to Obligations of Seller The obligations of Seller to consummate the transactions contemplated by this Agreement shall be subject to fulfillment at or prior to the Closing of the following conditions (any one or more of which may be waived in whole or in part by Seller):

  • General Terms and Conditions of the Notes Section 201.

  • Conditions to Obligations of Sellers The obligations of Sellers to consummate the transactions contemplated by this Agreement are subject to the fulfillment or written waiver, prior to or at the Closing, of each of the following conditions; provided, however, that in no event may Sellers waive the conditions contained in Section 7.3(h) or Section 7.3(i): (a) Each of the representations and warranties of Purchaser contained in ARTICLE V of this Agreement shall be true and correct (disregarding for the purpose of such determination any qualification as to materiality or Purchaser Material Adverse Effect) as of the Closing Date as if made on such date (except for representations and warranties that speak as of a specific date or time, which representations and warranties shall be true and correct only as of such date or time), except to the extent that any breaches of such representations and warranties, individually or in the aggregate, have not had, or would not reasonably be expected to have, a Purchaser Material Adverse Effect. (b) Purchaser shall have performed or complied in all material respects with all agreements and obligations required by this Agreement to be performed or complied with by it prior to or at the Closing. (c) Purchaser shall have delivered, or caused to be delivered, to Sellers: (i) Parent Warrant A (including the related warrant agreement), duly executed by Purchaser; (ii) Parent Warrant B (including the related warrant agreement), duly executed by Purchaser; (iii) a certificate executed as of the Closing Date by a duly authorized representative of Purchaser, on behalf of Purchaser and not in such authorized representative’s individual capacity, certifying that the conditions set forth in Section 7.3(a) and Section 7.3(b) are satisfied; (iv) stock certificates evidencing the Parent Shares, duly endorsed in blank or accompanied by stock powers duly endorsed in blank, in proper form for transfer, including any required stamps affixed thereto; (v) the Equity Registration Rights Agreement, duly executed by Purchaser;

  • SPECIAL TERMS AND CONDITIONS OF TRUST The following special terms and conditions are hereby agreed to: 1. The Bonds listed in the Schedule hereto have been deposited in trust under this Trust Agreement. 2. The fractional undivided interest in and ownership of a Trust represented by each Unit thereof is a fractional amount, the numerator of which is one and the denominator of which is the amount set forth under "Summary of Essential Financial Information--General Information--Number of Units" in the Prospectus Part I for such Trust. 3. The aggregate number of Units described in Section 2.03(a) for a Trust is that number of Units set forth under "Summary of Essential Financial Information--General Information--Number of Units" in the Prospectus Part I for such Trust.

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER The obligation of Seller to consummate the transactions contemplated by this Agreement shall be subject to the satisfaction, on or before the Closing Date hereunder, of each of the following conditions, all or any of which may be waived, in whole or in part, by Seller.

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