Segregated Bank Account definition

Segregated Bank Account means a current or deposit account, established and maintained with an Authorised Financial Institution or with an organization approved by the SFC pursuant to the Client Money Rules, in the name of the Company and in the title of which the word "client", "segregated", "non-house" or such other similar word or phrase appears; 「獨立銀行帳戶」指根據客戶款項規則，以本公司名義在認可金融機構或證監會核准的組織開立或維持的往來或存款帳戶，帳名中應含有「客戶」、「獨立」、「非所方」或其他類似語句；

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Segregated Bank Account means the bank account(s) belonging to us, which are separate to our own office bank accounts, into which we will receive money from you, or on your behalf, in return for the issuance of Electronic Money.

Segregated Bank Account means a current or deposit account, established and maintained with an Authorized Financial Institution or with an organization approved by the SFC pursuant to the Client Money Rules, in the name of the Company and in the title of which the word "client", "segregated", "non-house" or such other similar word or phrase appears;

Examples of Segregated Bank Account in a sentence

Prior to the Closing Date, VCC will lend the Company $50,000 to be deposited into a Special Segregated Bank Account with release of such funds only for costs of the Registrations under the 33 Act and the 34 Act.
The Company shall deposit and hold the funds so paid in the Segregated Bank Account, for the benefit of such Person, until the Closing occurs or the occurrence of the Outside Time Frame, as contemplated by Section 20.3.
Upon such termination, the Company shall return all funds deposited in the Segregated Bank Account to the Persons who paid such funds to the Company.
The Recipient must not withdraw or transfer funds from a Bank Account or Segregated Bank Account other than in accordance with this Funding Agreement.
Subject to Section 20.3, after the Company has received the Minimum Subscriptions, the Company shall accept the offers of, and issue Class A Units to, the Persons whose offers make up the Minimum Subscriptions, following which such Persons shall become Members and the Company may immediately and at any time thereafter withdraw funds deposited in the Segregated Bank Account for the uses of the Company.

More Definitions of Segregated Bank Account

Segregated Bank Account means an insured money market account maintained by Issuer at Citbank, account number 226045172, the proceeds of which shall be the funds loaned to Issuer by the Holders under the Purchase Agreement and any proceeds collected by the Issuer from American CareSource Corporation under the Credit Agreement by and between the Issuer and American CareSource Corporation of even date herewith.

Segregated Bank Account includes (i) in respect of HKFE Trades, a current or deposit account kept with an authorized institution within the meaning of Section 2 of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) or with an organization approved by the SFC pursuant to the SFO; and (ii) in respect of Non-HKFE Trades, account kept with an authorised institution or an overseas bank or financial institution, in the name of AIF SEC and in the title of which the word "client", "segregated", "Non-House" or such other similar word or phrase appears;

Segregated Bank Account means the account opened and maintained by the Company with JPMorgan Chase Bank, into which the Company shall deposit funds received from Persons who wish to acquire Class A Units and become Class A Members.

Segregated Bank Account a current or deposit account kept with an authorized institution within the meaning of Section 2 of the Banking Ordinance (Chapter 155 of the Laws of Hong Kong) or with an organization approved by the SFC pursuant to the SFO, in the name of the Broker and in the title of which the word "client", "segregated", "Non-House" or such other similar word or phrase appears; 「獨立債務證券帳戶」在與香港金融管理局(如屬外匯基金票據或債券的情況)註冊的認可交易商或任何銀行、獲結算所不時核准的存管處或機構(如屬其他核准債務證券的情況)設立及保持以經紀的名義開立的債務證券帳戶，而有關帳戶的名稱中包括「客戶」、「獨立」、「非公司」或其他類似的字眼或詞句；

Segregated Bank Account means one or more segregated accounts established and maintained under section 4(1) and (2) of the Client Money Rules;

Segregated Bank Account has the meaning given to that term in clause 8.2(a).

Segregated Bank Account includes (i) in respect of HKFE Trades, a