Common use of Keeping of accounts Clause in Contracts

Keeping of accounts. 5.1 CAL will maintain records in respect of the FINI Client Account showing full details of the property held by CAL in trust for the benefit of the Client and all movements in and out of the FINI Client Account in respect of such property. The Client acknowledges that CAL will also maintain similar records in respect of the other clients of CAL on behalf of whom CAL holds property on trust for. Such records will be maintained in such a manner as to show such property and its movements as though they were in a distinct and separate sub-account within the Approved Account. 5.2 CAL will ensure that only the property of the Client and other clients of CAL for whom CAL also holds property on trust will be credited to the FINI Client Account and no other property will be mixed with the property of the Client and such other clients in the FINI Client Account. For the avoidance of doubt, CAL will not mix its own property with the property held for the Client or other clients in the Approved Account.