Common use of Opening of Accounts Clause in Contracts

Opening of Accounts. To perform securities borrowing and lending transactions, the Client must have a securities trading account and enter into a securities borrowing and lending agreement with the Company and the Company will consider a collective sum limit for all types of account the Client has opened with the Company. -The Client must declare an intention to perform a transaction in accordance with such form or procedure as stipulated by the Company. -The Client has knowledge and understanding of and is ready to comply with rules and regulations relating to securities borrowing and lending, which are stipulated by the Office of the Securities and Exchange Commission (the “Office”), the Stock Exchange of Thailand (the “Securities Exchange”), and/or the Company.

Appears in 2 contracts

Sources: Securities Borrowing and Lending Agreement, Securities Borrowing and Lending Agreement