Broker Account definition

Broker Account means the account established with the Broker for each Participant.
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Broker Account means an account which is intended to record equity or debt securities upon their offering by way of subscription through a broker. Securities may be credited to such broker’s account for further distribution to the persons who entered into an agreement to subscribe to such equity or bond securities, subject to payment by them of at least 25 percent of the subscription price.
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Broker Account is a Member whose Contract with BCBST is currently in force and was placed through the Broker.
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Examples of Broker Account in a sentence

  • Commercial; Driving School Inspector; Broker Account Representative; Senior Customer Recovery Specialist.

  • Individual Marketer commissions shall be paid on new sales and renewals in accordance with these terms and the amounts established in each DP Broker Account.

  • The client hereby confirms that the assets of the Managed Account are being held as follows: Name of discount broker (the "Broker") Account Number: Client Address Manager and that the Company has been granted the exclusive authority to manage the assets held in that account.

  • Name of Executing Broker: Name of Executing Broker: Address: Address: Operational Contact at Executing Broker: Operational Contact at Executing Broker: Account Name/Number: Account Name/Number: Executing Broker’s Clearing Firm: Executing Broker’s Clearing Firm: ORDERS PLACED BY OTHERS If you are authorizing someone to place orders on your behalf in connection with your account, please complete the following information, sign and have your signature notarized.

  • Clearing Broker Account No.: Social security No. or Tax ID: _ Agreement governed by the laws of the State of New York as stated in paragraph 16.

  • You will use the Platform to make Investments, and to follow the progress of your Investments until settlement which is the point at which an Investment has been credited to your Broker Account directed by you.

  • The Client hereby directs that transactions for the Account should be executed through (the "Directed Broker"): Account Executive Firm Address City/State/Zip Phone Email In selecting the Directed Broker, the Client has the sole responsibility for negotiating commission rates and other transaction costs with the Directed Broker.

  • We will also hold Client Money on your behalf where required for the purpose of providing the above services, and may arrange for Client Assets to be held for you in safe custody by a Custodian to the extent those are not held in a Broker Account.

  • Broker Account The Client hereby instructs and authorises the Clearing Broker to pay the MDA Operator all management fees and/or performance fees from the Client’s account upon receipt of a statement from the MDA Operator, without any requirement on the part of the Clearing Broker to review or verify that statement.


More Definitions of Broker Account

Broker Account means a segregated account, in the name of a broker, dealer or futures commission merchant or in the name of the Trust for the benefit of a broker, dealer or futures commission merchant, as the case may be, separate and distinct from the Trust's custody account, in which certain securities and/or cash of the Trust shall be deposited and held by Provident for the benefit of a broker, dealer or futures commission merchant in connection with the purchase or sale of Financial Futures Contract.
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Broker Account. The Fund shall authorize the opening of a brokerage account with an NASD registered firm. The Fund will utilize “leverage” as permitted by the 1940 Act. The account will be used for the sole purpose of investing no more than 30% of the Fund’s assets in “quality investments” such as marginable securities, as permitted by the 1940 Act. Any transfer agent called upon to transfer securities to or from the name specified on the individual items included in the Collateral shall be entitled to rely on instructions or assignments only if signed by all Parties hereto, without inquiry as to the authority of the person(s) signing such instructions or assignments, or as to the validity of any transfer to or from the name of the Fund. At the time of a transfer of securities, the transfer agent shall be entitled to assume that: (1) the Fund is still in existence, and (2) this Agreement is in full force and effect and has not been amended unless the transfer agent has received written notice to the contrary.
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Related to Broker Account

  • Separate Account shall have the respective meanings assigned to such terms in Section 3 of ERISA.

  • Member Account means the regular account and the variable account.

  • Transfer Account means the account established hereunder to which amounts transferred to this Plan from a direct plan-to-plan transfer in accordance with Section 4.7 are allocated.

  • Separate Accounts means the accounts which are to be prepared for each

  • Seller Account shall have the meaning set forth in the preamble of this Agreement.

  • Master Account or “Judicial Council’s Master Account” shall mean the Judicial Council’s billing account to which the Contractor is authorized to charge specifically identified charges under this Agreement.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • Investment Account As defined in Section 3.12(a).

  • Designated Account means the Deposit Account of Borrower identified on Schedule D-1 to the Agreement (or such other Deposit Account of Borrower located at Designated Account Bank that has been designated as such, in writing, by Borrower to Agent).

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Brokerage Account means any account with a broker, dealer or bank that may hold securities.

  • Controlled Deposit Account means a Deposit Account (i) that is subject to a Deposit Account Control Agreement or (ii) as to which the Collateral Agent is the Depositary Bank’s “customer” (as defined in UCC Section 4-104).

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Savings Account means an account, which is based on Mudarabah and its profit shall be calculated based on the profit earned on any balance maintained above the minimum threshold or average threshold (as may be agreed upon with the Bank).

  • Controlled Account has the meaning specified therefor in Section 7(k).

  • Primary Account or “Settlement Account” shall mean, in case of multiple Accounts linked to the ATM/Debit Card, the Account that has been designated as being the main/first Account of operation i.e. the Account from which purchase transactions, charges and fees related to the ATM/Debit Card are debited.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.

  • Transferred Account means each account into which an Account is transferred, provided that (i) such transfer is made in accordance with the Credit Card Guidelines and (ii) such account can be traced or identified as an account into which an Account has been transferred.

  • Retirement Accounts has the meaning ascribed thereto in Section 2.1(F)(7) hereof.

  • Depository Account includes any commercial, checking, savings, time, or thrift account, or an account that is evidenced by a certificate of deposit, thrift certificate, investment certificate, certificate of indebtedness, or other similar instrument maintained by a Financial Institution in the ordinary course of a banking or similar business. A Depository Account also includes an amount held by an insurance company pursuant to a guaranteed investment contract or similar agreement to pay or credit interest thereon.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.