Fidelity Account definition

Fidelity Account means the Real Estate and Business Agents Fidelity Guarantee Account established under section 107;

Fidelity Account means any one of the foregoing.

Fidelity Account means any eligible Fidelity brokerage account(s) from which payments are made and “you” or “your” refers to the person(s) subscribing to or using the Service. Fidelity Brokerage Services contracts with a third party in order to make the Service available to you. Among other things, this third party has responsibility for funds transmission through the different payment methods used in connection with the Service, and as used herein, “we,” “us” or “our” refers to Fidelity Brokerage Services LLC, and its affiliates and subsidiaries as well as any agent, independent contractor, designee or assignee we may, in our sole discretion, involve in the provision of the Service, including, but not limited to the third party referenced above (collectively “Fidelity”). Fidelity provides the Service. Brokerage services, including the Fidelity Account, are provided by Fidelity Brokerage Services LLC and its affiliates. The Service allows you to make payments from one or more eligible Fidelity Accounts with individual, joint, estate or revocable trust registration to third-parties (“Payee” or “Xxxxxx”) designated by you in advance.

Examples of Fidelity Account in a sentence

• Income derived from any such investment is to be credited to the Fidelity Account.

• No amount shall be charged or be chargeable to the Fidelity Account as interest on the amount of any judgment obtained or of any claim admitted against the Fidelity Account.

• The amounts paid to the chief executive officer under this section shall forthwith be credited by the chief executive officer to the Fidelity Account.

• A person is not entitled to recover from the Fidelity Account an amount greater than the balance of the loss suffered by him after deducting from the total amount of his loss, the amount or value of all money or other benefits received or receivable by him from any source other than the Fidelity Account in reduction of his loss, including any benefits received by reason of services rendered or payments made by the defaulting licensee.

• The Commissioner may require the auditor to furnish further information or carry out a further audit at any time, and the auditor shall comply with that requirement, and the cost of so doing shall be paid by the agent if the Commissioner so directs but otherwise shall be paid by the Commissioner from moneys standing to the credit of the Fidelity Account.

• Moneys standing to the credit of the Fidelity Account may, until required for the purposes of section 110, be invested in the same manner as trust funds may be invested in accordance with Part III of the Trustees Act 1962.

• No right of action lies in relation to the Fidelity Account in respect of any loss suffered by any person by reason of any defalcation by a licensee at any time after the claimant has received a notice in writing from the chief executive officer warning him against the employment or continued employment of that licensee which notice the chief executive officer is hereby empowered to send.

• Commissioner may investigate claims against Fidelity Account (1) Without limiting section 22, the Commissioner may, at and in accordance with the request of the chief executive officer, make an investigation or inquiry under the Fair Trading Act 2010 Part 6 in relation to a claim against the Fidelity Account.

• If Channable owes you a payment, then you agree to timely and accurately provide us with any information we need to get that payment to you.

• Moneys standing to the credit of the Fidelity Account may, until required for the purposes of section 110, be invested in the same manner as trust funds may be invested in accordance withPart III of the Trustees Act 1962.

More Definitions of Fidelity Account

Fidelity Account is defined in Section 6.6(b).

Fidelity Account means any eligible Fidelity brokerage account(s) from which we make payments on your behalf; “you” or “your” refers to the person(s) subscribing to or using the Service; “we,” “us” or “our” refers to Fidelity Brokerage Services LLC, and any affiliate, subsidiary, agent, independent contractor, designee or assignee we may, in our sole discretion, involve in the provision of the Service (collectively “Fidelity”). Fidelity Brokerage Services LLC, its successor, assignee or agent provides the Service. Brokerage services, including the Fidelity Account, are provided by Fidelity Brokerage Services LLC and its affiliates. The Service allows you to direct us to make payments from one or more eligible Fidelity Accounts with individual, joint, estate or revocable trust registration to third-parties (“Payee” or “Xxxxxx”) designated by you in advance.