Types of Accounts. Cash accounts opened on the books of the Custodian (Principal Accounts) shall be opened in the name of the Trust, coupled with the name of such Fund. Custodian shall hold all cash received by it for the account of the Trust or any Fund in accordance with Rule 17f-3 under the Act. Such accounts collectively shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 and the general liability provisions contained in this Agreement. Cash accounts opened on the books of a Sub-custodian may be opened in the name of the Trust or the Sub-custodian or in the name of its Sub-custodian for its customers generally (Agency Accounts). Such deposits shall be obligations of the Sub-custodian, and shall be treated as an Investment of the Trust. Accordingly, the Custodian shall be responsible for exercising reasonable care in the administration of such accounts but shall not be liable for their repayment in the event such Sub-custodian by reason of its bankruptcy, insolvency or otherwise, fails to make repayment through no fault of the Custodian.
Types of Accounts. 3.1. The“Current account” is the account opened in the name of an individual in the records of ALPHA BANK ROMANIA mainly for carrying on current operations with cash and/or collections and payments, respectively the execution of the payment transactions. The Customer may open and maintain more Current accounts in the records of the Bank, this Contract applying to all these accounts, irrespective of the time of its opening.
Types of Accounts. 12 6.5.2 Reserve Account.................................................... 12 6.5.3 Current Operation Account.......................................... 12 6.6 BUDGET, FINANCIAL STATEMENTS, REPORTS AND STUDIES......................... 12 6.6.1 Preparation and Distribution of Budget............................. 12 6.6.2
Types of Accounts. Assessments collected by the Association shall be deposited into at least two (2) separate accounts with a responsible financial institution, which accounts shall be clearly designated as (i) the Current Operation Account and (ii) the Reserve Account. The Board shall deposit those portions of the assessments collected for current maintenance and operation into the Current Operation Account and shall deposit those portions of the assessments collected as reserves for replacement and deferred maintenance of major components which the Association is obligated to repair, restore, replace or maintain into the Reserve Account.
Types of Accounts. Demo account – account that is funded with virtual money, enabling a prospective client/Client to experiment with the trading platform and its various features before deciding to set up a real account. Real account – account that provides the Client with an ability to trade with his own money. GMI allows to open various types of accounts including but not limited to - Standard account - Bonus account - ECN account - Cent account - MAM (Multi-Account Manager) account - CT (Copy Trading) account (as detailed in the Addendum to the Agreement “COPY TRADING”) The Company may, at any time, and in its sole discretion, deny the Client the option to open an account, limit the number of accounts that the Client may establish and maintain, or suspend any transaction pending Company’s review of any information submitted by the Client.
Types of Accounts. With respect to all Accounts, Bank makes no representation regarding tax aspects or the legal results of opening a particular Account. Customer is solely responsible for selecting the type of Account. Bank recommends that Customer consult with Customer's own attorney or financial advisor in order to determine the advisability of establishing one type of Account over another.
Types of Accounts. At London Stone Securities we offer a number of different types of accounts, such as Nominee account, ISA, Flexi ISA, Corporate Account, SIPP etc. Please note there are varying charges depending on which account you use. Please refer to our schedule of charges for further information.
Types of Accounts. We offer several types of Accounts with distinctive characteristics and features. We also reserve the right to change the features and eligibility criteria of our Accounts, and to make accounts unavailable at any time. We will provide prior notification of such changes on our Website, by email, or on our Trading Platform. You can find a detailed description of the Account types on the Website.
Types of Accounts. The following account types are available under the Fidelity Advisor Xxxx XXX Custodial Agreement and Disclosure Statement.
Types of Accounts. Cash accounts opened on the books of the Custodian (Principal Accounts) shall be opened in the name of a Fund, and if applicable, coupled with the name of such Fund. The Custodian shall hold all cash received by it in such Principal Accounts for the account of a Fund or such Fund in accordance with Rule 17f-3 under the 1940 Act. Each such Principal Account shall be a deposit obligation of the Custodian and shall be subject to the terms of this Section 7 and the general liability provisions contained in this Agreement. Cash accounts opened on the books of a Sub-custodian may be opened in the same manner as with the Custodian or in the name of the Sub-custodian or in the name of its Sub-custodian for its customers generally (Agency Accounts). Such Agency Accounts shall be deposit obligations of the Sub-custodian, and shall be treated as an Investment of a Fund. Accordingly, the Custodian shall be responsible for exercising reasonable care with respect to such Agency Accounts but shall not be liable for their value in the event of such Sub-custodian's bankruptcy or insolvency, or the Sub-Custodian otherwise fails to remit the cash in such Agency Account through no fault of the Custodian, except where the Custodian has acted with negligence or willful misconduct in the selection, administration, or oversight of such Sub-custodian.
