Moneys Held. Moneys held by Agents need not be segregated from other funds except to the extent required by law. The Agents hold all funds as banker subject to the terms of this Indenture and as a result, such money will not be held in accordance with the rules established by the UK Financial Conduct Authority in the UK Financial Conduct Authority’s Handbook of rules and guidance from time to time in relation to client money.
Appears in 2 contracts
Sources: Senior Notes Indenture (Birkenstock Holding LTD), Indenture (Cohn Robbins Holdings Corp.)