Client Funds Account definition

Client Funds Account means our Client Funds Account operated in accordance with all Applicable Laws;

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Client Funds Account means an existing client funds account that we have established for you under the Agreement, and may include a cash management account and/or a custody holdings account. “Close Out” means, in relation to a Position, entering into arrangements to reverse the effect of the Position (in whole or in part), in accordance with clause 17 and “Closing Out” and “Closed Out” have corresponding meanings.

Client Funds Account an account(s) which holds the Client’s funds and includes Holding Balances. This account is held by Argentex as Client Money and in accordance with the Australian Client Money Rules. Client: the entity agreeing to these Terms and Conditions and the Agreement. Cross Default: Where the Client is a party to another agreement with Argentex or any Argentex Group Company, and the Client defaults on any of the terms and conditions of that other agreement, the default shall constitute a Default Event and breach of these Terms and Conditions (Cross Default).

Examples of Client Funds Account in a sentence

Client Funds Account 1 and Client Funds Account 2 are intended solely for the administration of the Investment and the Subscription Fee.
Payment shall be made by wire transfer to Bellows and Bellows, P.C., Client Funds Account in the amount of $50,000 pursuant to Wire Transfer instructions in Paragraph 19.
In case the minimum amount of the issue defined in the Investment Memorandum is not achieved within the subscription period and the Target Company does not resolve to raise a sum lower than same, BitBarges shall return the Investment and the Subscription Fee from the Client Funds Account 1 and Client Funds Account 2 to the Client without any delay.
The Client has no interest in or claims over the funds CFG lodges with its counterparties that have been withdrawn from the Client Funds Account to secure funding arrangements, nor in any contracts held with those counterparties.
BitBarges shall have the right to transfer the Subscription Fee to BitBarges’s account from Client Funds Account 2 and to the accounts of the tied agents once the funds exceed the minimum amount of the issue and they have been transferred to the Target Company’s account.
Simultaneously with the execution of this Agreement Purchaser shall deposit with Escrow Agent a sum equal to $ ( Dollars) payable in the form of a cashier’s check made payable to the order of Silver Law Office – Client Funds Account (“Escrow Agent”), the receipt of which is hereby acknowledged.
BitBarges shall have the right to transfer the Investment to the Target Company from Client Funds Account 1 once the funds in Client Funds Account 1 exceed the minimum amount of the issue.

More Definitions of Client Funds Account

Client Funds Account means the account opened by New Zealand Vault Limited for monetary entries in connection with transactions for the purchase and sale of bullion.

Client Funds Account means an existing client funds account that we have established for you under the Agreement, and may include a cash management account and/or a custody holdings account.

Client Funds Account means an existing client funds account that we have established for you under the

Client Funds Account means our Client Funds Account operated in accordance with all Applicable Laws; “Client Assets” has the meaning assigned to it under the

Client Funds Account means the trust account held by SSP for the purpose of holding your funds in connection with the Services being provided, and operated in accordance with the NZX Rules. "Client Money or Property Service” is the receipt of client money or client property by SSP (or its nominee) and the holding, payment, or transfer of that client money or client property, and includes a Custodial Service, as further defined in section 431W of the FMCA.