Common use of Timely Settlement Clause in Contracts

Timely Settlement. Client agrees that it is responsible to GS&Co. for timely payment and delivery in connection with the settlement of all Prime Brokerage Transactions for which GS&Co. becomes responsible pursuant to the Contractual Arrangements. Client agrees to cooperate with GS&Co. in resolving disputes with Executing Brokers related to settlement of Prime Brokerage Transactions.

Appears in 2 contracts

Sources: New Account Agreement, New Account Application and Agreement for Entities

Timely Settlement. Client agrees that it is responsible to GS&Co. for timely payment and delivery in connection with the settlement of all Prime Brokerage Transactions for which GS&Co. becomes responsible pursuant to the Contractual Arrangements. Client agrees to cooperate with GS&Co. in resolving disputes with Executing Brokers related to settlement of Prime Brokerage Transactions.. Client will be responsible for any losses, claims and expenses, including those resulting from buy-

Appears in 1 contract

Sources: New Account Application and Agreement