Xxxxxxx Account. The Participant shall make no contribution of capital to the Partnership in connection with the Award and, as a result, the Participant’s Capital Account balance in the Partnership immediately after its receipt of the Class D Units shall be equal to zero, unless the Participant was a Partner in the Partnership prior to such issuance, in which case the Participant’s Capital Account balance shall not be increased as a result of its receipt of the Class D Units.
Xxxxxxx Account. In the event that client does not make a transaction for 18 months, an Account Management Fee shall be incurred. “
Xxxxxxx Account. 2.1 The Company will open a Trading Account (the "Trading Account") for and on the Client's name, subject to the registration of the Client with the Company according to the Company's requirements, including providing complete and accurate Client information as required for the opening of the Account, and by presenting identification documents including a copy of an identification certificate, passport, a copy of credit card from both its sides, in case the deposit was made by credit card (Client may hide the credit card number except for the last four digits, and may also hide the CVV code, at the back of the card), and a valid (recent three months) proof of address, by presenting a government vendor or other utility xxxx (water, city tax, electricity, 'etc.). The Client authorizes the Company to rely and act according to any request, guideline or other message appeared to be from the Client, without further examination by the Company as to the authenticity, veracity, or the identity of the person who delivers or purporting to deliver such request, guidance or message. The Client undertakes to provide correct and complete information regarding itself. TheClient must report to the Company immediately in case of any change in the information the Client had provided to the Company.
2.2 The Company may, according to its sole discretion, act as a mediator and ensure the coverage of Client transactions by different brokers, and also to act as a market maker and be the counterparty to the transaction of the Client. The Company shall not serve as an agent or trustee of the Client or on his behalf under any circumstances. he Client acknowledges that he/she is acting for himself and not as agent or trustee on behalf of someone else. Accordingly, the Client agrees that he/she will be directly and fully responsible for performing his/her obligations under this Agreement, including with respect of any Transaction made by or on behalf of the Client. The Company shall not accept any other person as an indirect Client with respect of this Agreement and shall accept no obligation to any such person unless otherwise expressly agreed in writing.
Xxxxxxx Account. Company, for itself and its affiliated companies, hereby requests that each of its accounts with WFSL listed on the Accounts Schedule attached as Schedule A (WFSL Business Online Banking Service Application) be made available to access through the appropriate Service.
Xxxxxxx Account. In the event that client does not make a transaction for 18 months since the last transaction, the Account Management fee shall be incurred. “Transaction” includes internal transfer, international transfer, currency exchange, the transaction connected with card and other transaction occurred due to the use of i- Account. Only log-in i-Account shall not as a transaction. Administrative Fee could refer in fee schedule.
Xxxxxxx Account. As of any date the capital account maintained for each Member under Section 5E.
Xxxxxxx Account. The Grantee shall make no contribution of capital to the Partnership in connection with the issuance of the LTIP Units and, as a result, the Grantee’s Capital Account balance in the Partnership immediately after his or her receipt of the LTIP Units shall be equal to zero, unless the Grantee was a Partner in the Partnership prior to such issuance, in which case the Grantee’s Capital Account balance shall not be increased as a result of his or her receipt of the LTIP Units.
Xxxxxxx Account. (a) A “Capital Account” shall be established for each Member. The Capital Account will be credited with (i) the Capital Contributions of such Member (net of liabilities relating to any contributed property that the Company is considered to assume or take subject to under Section 752 of the Code), (ii) such Member’s distributive share of Net Income, as hereinafter defined, and (iii) any items of income or gain that are taken into account in determining Capital Contributions under Treasury Regulations Section 1.704-1(b)(2)(iv)(m) on account of any adjustment to the adjusted tax basis of any Company asset pursuant to Code Section 734(b) or Section 743(b). The Capital Account will be debited by (i) such Member’s distributive share of Net Loss, as hereinafter defined, (ii) any items of loss that are taken into account in determining Capital Contributions under Treasury Regulations Section 1.704-1(b)(2)(iv)(m) on account of any Code Section 734(b) or Section 743(b) adjustments to the tax basis of Company assets, and (iii) the amount of cash and the Gross Asset Value of other Company property distributed to such Member (net of any liabilities relating to such distributed property that the Member is considered to assume or take subject to under Code Section 752). In the event the Gross Asset Value of Company assets is adjusted under Section V.1 of this Agreement, the Capital Contributions of the Members shall be adjusted to reflect the aggregate net adjustment as if the Company recognized gain or loss equal to the amount of such aggregate net adjustment and such gain or loss were allocated to the Members pursuant to Section V.2 of this Agreement. The foregoing provisions relating to the maintenance of Capital Contributions are intended to comply with Treasury Regulations Section 1.704-1(b) et seq. and shall be applied in a manner consistent with such Regulations. Except as otherwise provided in this Agreement, whenever it is necessary to determine the Capital Account of any Member, the Capital Account of such Member shall be determined after giving effect to allocations pursuant to Sections V.2 and V.3 and all distributions in respect to transactions effected prior to the time as of which such determination is to be made.
(b) No Member with a negative balance in its Capital Account shall have any obligation to the Company or the other Members to restore such negative balance.
(c) If any Membership Interest is transferred in accordance with this Agreement, the tran...
Xxxxxxx Account. Company, for itself and its affiliated companies, hereby requests that each of its accounts with BGF listed on the Accounts Schedule attached as Schedule A (BGF Business Online Banking Service Application) be made available to access through the appropriate Service.
Xxxxxxx Account. Company, for itself and its affiliated companies, hereby requests that each of its accounts with FFL listed on the Accounts Schedule attached as Schedule A (FFL Business Online Banking Service Application) be made available to access through the appropriate Service.
