Client Trust Account definition

Client Trust Account means a separate account created by a licensed attorney for the purpose of holding client funds, which is:
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Client Trust Account means a trust ac- count opened by us and held with an Aus- tralian ADI, an approved foreign bank or a cash management trust for the purpose of complying with the Australian Client Money Rules.
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Client Trust Account means Class Counsel's IOLTA account as defined in and maintained in accordance with the Illinois Rules of Professional Conduct.
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Examples of Client Trust Account in a sentence

  • In the event there is any money from any deposit remaining in Attorney’s Client Trust Account after Attorney’s final bill is satisfied, that money will be promptly refunded to Client.

  • The initial Deposit, as well as any future deposits, will be held in Attorney’s Client Trust Account.

  • Client agrees that Attorney’s right to recover fees and costs from the Deposit or any subsequent deposit held in Attorney’s Client Trust Account becomes fixed [PROVIDE NUMBER] days after the date a bill is sent to Client.

  • Such money may therefore be co- mingled with other Client Money held by the broker in a Statutory or non-Statutory Client Trust Account in accordance with the CASS rules.

  • The initial Deposit, as well as any future deposit, will be held in Attorney’s Client Trust Account.

  • Upon execution of a subscription agreement, the Subscribing Stockholder shall have delivered to the Escrow Agent, via check or wire transfer, the sum total equal to the Purchase Price, which sum shall remain in the Client Trust Account at Bank of America, N.A. held for the benefit of the Subscribing Stockholder, to be held and disbursed subject to the terms and conditions of this Agreement.

  • Client agrees that Attorney’s right to recover fees and costs from the Deposit or any subsequent deposit held in Attorney’s Client Trust Account becomes fixed ____ [PROVIDE NUMBER] days after the date a bill is sent to Client.

  • Manager has the right to set off any amounts due to Manager under this Agreement against any and all funds in Owner’s Client Trust Account.

  • Client Trust Account, shall be delivered to the Arcola office of Law Office of ▇▇▇▇▇ & ▇▇▇▇▇, P.C., within 5 days of execution of this Contract, will be deposited and held in Escrow until closing or termination of this Contract.

  • If Attorney receives an objection from Client more than [PROVIDE NUMBER] days after the date the bill is sent and after the funds have been withdrawn, Attorney will not be required to redeposit the disputed fees and/or costs into the Client Trust Account during the pendency of the dispute.


More Definitions of Client Trust Account

Client Trust Account means the account described in Section ‘D’ of these Terms and Conditions.
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Client Trust Account means a client account held by us on trust for you;
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Client Trust Account means the account described in Section ‘D’ of these Terms
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Client Trust Account as defined in Section 3.2.
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Client Trust Account means any bank account specified by us, into which we require Accounts Receivable to be paid;
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Related to Client Trust Account

  • Trust Accounts has the meaning assigned thereto in Section 5.01 of the Sale and Servicing Agreement.

  • Trust Account means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Servicer Account means any account established by Servicer in connection with the servicing of the Mortgage Loans.