Examples of Designated Client in a sentence
If this form is solely signed by the Designated Client who does not belong to the two groups stated in Part 1a of this form, the procedures in Part 1b of this form are waived in view of the Designated Client’s duties to make investment decisions in the best interests of all the joint holders of the account pursuant to the Terms of the Client Agreement with Manulife Investment Management (Hong Kong) Limited.
We shall have no right or interest in such funds except for any settlement amount and/or fees due to Us pursuant to Condition 2.11 and We may withdraw funds from the Designated Client Account for any such amounts that You owe to Us.
Where We continue to hold those funds at the end of the business day following the day on which they were received, the funds will be pooled with those of Our other clients in a Designated Client Account until the funds are required in order to provide Services to You.
During the Term (as defined below), Contractor may not contract with other travel agencies to process travel arrangements for any Designated Client (as defined below) but may do so for any other person.
Designated Client Money is held in our name on your behalf in a client bank account (denoted as "clients’ accounts"), segregated from the assets of the Company.
Subject to certain minimum amounts and periods of time set out in the Solicitors’ Accounts Rules 2011, interest will be calculated and paid to you at the rate from time to time payable on Yorkshire Bank plc’s Designated Client Accounts.
We will place any Client Money received into an account or accounts (including a Designated Client Fund Account (as defined by the FCA Rules), the usage of which you consent to by entering into the Terms) opened at any of the following (which may be inside or outside of the EEA), a central bank, a credit institution, a bank, a central counterparty or such other entity as may be permitted by Applicable Regulations from time to time (which may be subject to such third party’s liens or security interest).
For Designated Client Accounts, we are required to report information about the tax status of your Clients to the tax authorities.
Client’s account where such Designated Client (a) did not cause, directly or indirectly, such holdings to be credited to such account, and (b) directly or indirectly received any proceeds or other benefit from such transaction; or any transaction involving IAC Account Holdings where the transaction proceeds were requested (i) to be 3.
Funds held in cash accounts that X.X. Xxxxxx opens with a Subcustodian for the benefit of Customer will be subject to the protections of the U.K. Client Money Rules and the account treated as a Designated Client Money Account for purposes of those rules.