Client Financial Instruments definition
Examples of Client Financial Instruments in a sentence
Such Assets shall be delivered in accordance to the Client’s instructions to the Client, but the Company has the right to refuse transfer of the Client Financial Instruments and/or Client money to a third party.
The Company will take the necessary steps to ensure that any Client Financial Instruments deposited with a third party, are identifiable from any Financial Instruments belonging to the Company or such third party by means of differently titled accounts on the books of such third party or other equivalent measures that achieve the same level of protection as provided by Applicable Regulations.
The Client may request and the Company shall provide the Client upon such request with additional information on the steps followed by the Company to ensure protection of Client Money and/or Client Financial Instruments.
Other information concerning the safeguarding of Client Financial Instruments or funds.
Spectra Global’s obligation to settle transactions is conditional upon its timely receipt of necessary documents from the Client, Financial Instruments and/or funds.
If the Company holds Client money, it provides a Statement of Client Financial Instruments or Client Funds to the Clients on quarterly basis.
In the event where the Client wishes to transfer any of the Client Financial Instruments to another investment company and/or broker, the Client shall be responsible for all costs and/or charges arising out of and/or in connection with the transfer of the Client Financial Instruments to such other investment company an d/or broker.
The Client may request, and the Company shall provide the Client upon such request with additional information on the steps followed by the Company to ensure protection of Client Money and/or Client Financial Instruments.
The Company (or an Associated Company, as the case may be) shall undertake to pay back to the Client a sum equal to the Client Money and/or produce of the sale of Client Financial Instruments, mentioned under the preceding Paragraphs 1 1.
Unless otherwise agreed with the Client, the Client shall not have any right to specific Financial Instruments, but will instead be entitled to require the Custodian to deliver (uitleveren) to the Client, or to a third party indicated by the Client, Financial Instruments of the type standing to the credit of any Financial Instruments Account of the Client.