Common use of Finality Clause in Contracts

Finality. We shall owe no payment or delivery obligation and shall not be deemed to hold any property belonging to you as a result of settlement of a Transaction until we have received, with finality, the cash or Equity Securities to which you are entitled.

Appears in 18 contracts

Sources: Professional Client Agreement, Eligible Counterparty Agreement, Professional Client Agreement

Finality. We shall owe no payment or delivery obligation and shall not be deemed to hold any property belonging to you as a result of settlement of a Transaction until we have received, with finality, the cash or Equity Fixed Income Securities to which you are entitled.

Appears in 12 contracts

Sources: Professional Client Agreement, Eligible Counterparty Agreement, Professional Client Agreement

Finality. We shall owe no payment or delivery obligation and shall not be deemed to hold any property belonging to you as a result of settlement of a Transaction until we have received, with finality, the cash or Equity Fixed Income Securities to which you are entitled.

Appears in 6 contracts

Sources: Eligible Counterparty Agreement, Professional Client Agreement, Eligible Counterparty Agreement