📜 GLOBAL MASTER SECURITY AGREEMENT (G.M.S.L.A.)

📜 GLOBAL MASTER SECURITY AGREEMENT (G.M.S.L.A.)

Validity: 30 calendar days from date of issue
Jurisdiction: This agreement operates under Express Trust and Divine Law, as upheld by U.S. Capital Private Bank (USCPB)

🔐 Scope and Authority

Upon execution by both parties:

• A dedicated team of Financial Institution representatives will be assigned to manage each phase of the transaction.

• Upon initiation of bank-to-bank communication for Pre-Advice or Instrument Transfer, only the designated Bank Officers or Principals shall engage—intermediaries are strictly prohibited from transactional correspondence.

📡 Open Bank Communication Protocol

Issuing and Receiving Banks must communicate directly to:

• Fulfill all verifications promptly.

• Coordinate the verbiage and format of SWIFT/EBICS messages or related financial instrument protocols.

• Facilitate open, unrestricted, and confidential communication once permission is granted.

🔎 Note: If the Client’s bank is not SWIFT-registered, a qualified closing bank must be introduced. This bank must be internationally recognized and listed in the Bankers Almanac.

🧠 Bank Officer Awareness & Capability

Bank Officers of the Client’s receiving institution must:

• Be fully aware and capable of approving receipt of the financial instrument.

• Confirm their RWA (Ready, Willing & Able) to:

  • Accept the instrument.

  • Ensure return of the original instrument to the issuing bank 30 days before maturity, free of encumbrance, via SWIFT.

⏳ Instrument Extension Clause

If the Client desires to extend the contract term:

• Submit a written request prior to expiration.

• USCPB will issue:

  • An agreement amendment.

  • An extension fee invoice (case-by-case basis).

• Upon payment, a new One-Year + One-Day term is granted, effective from the original expiration date.

🚫 Liability Limitation

⚠️ USCPB disclaims responsibility for:

• Client-side mismanagement.

• Misappropriation of funds received from any funding bank.

🤝 Representations & Undertakings

For any distribution of the product by the Applicant/Client (the “Distributor”):

a) Distribution Responsibility

• You will act as principal or on a commission basis in your own name.

• You are not an agent of USCPB.

• You bear full liability for your investors, including compliance with suitability standards.

b) Use of USCPB Name/Brand

• No use of USCPB name, logo, or IP without express authorization.

• No warranties or representations are to be made on behalf of USCPB.

c) Material Distribution

• You must distribute USCPB material in full—no excerpts or alterations.

• Any of your own marketing content must:

  • Be accurate and complete.

  • Comply with applicable laws, directives, and Regulatory Guidelines.

d) Jurisdictional Compliance

• Distribution or marketing is only permitted where compliant with local regulations.

• No action may expose Issuer or USCPB to liability in any jurisdiction.

e) Fees, Rebates, and Disclosures

• All financial arrangements (rebates, discounts, etc.) must be disclosed where required.

• You acknowledge USCPB’s right to disclose these upon request.

f) Binding Purchase Commitments

• You agree to purchase the instrument as per the final Term Sheet or pricing agreement.

• The purchase shall be made at the issue price and in agreed quantities.

g) Nature of Transaction

• This is not a credit facility; instruments are not acquired via loans to USCPB.

h) Hedging Liability

• If hedging arrangements are made in reliance on your commitment, you are liable for any costs or losses if you default.

i) Indemnity

You agree to indemnify the Issuer, Dealer, and their affiliates against:

• Losses, claims, fines, legal costs, and liabilities stemming from your:

  • Noncompliance

  • Misrepresentation

  • Unauthorized actions

j) Retroactive Binding

• These undertakings are retroactively binding as of the Trade Date.

k) Agreement Supremacy

• If any conflict exists between this agreement and a prior signed distribution agreement, this G.M.S.L.A. shall prevail.

📬 For Questions or Contract Execution:

Email: [email protected]
Phone: +971 52 992 6005
Web: www.uscapitalprivatebank.com

U.S. Capital Private Bank
All operations conducted under International Trust Law and Institutional Compliance Framework