Common use of Account Manager Clause in Contracts

Account Manager. In the event that you wish to permit a third party (an “Account Manager”) to operate your Account, you agree that: (a) Prior to such Account Manager operating your Account, you will deliver to OANDA a copy of OANDA’s Limited Power-of-Attorney document signed by both you and the Account Manager; (b) OANDA has no responsibility to review your choice of Account Manager, nor to advise you of such Account Manager’s reputation, operating methods or trading record; (c) You shall provide such Account Manager with authority and control over your Account at your own risk; (d) OANDA shall follow the Instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager, as if such Instructions had originated from you. OANDA shall not be required to confirm such Instructions with you or to independently verify the calculation of any commissions or other fees claimed by the Account Manager; (e) OANDA shall not be responsible for any loss or damage you may suffer as a result of the acts or omissions of such Account Manager, or as a result of OANDA following the instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager; and (f) You shall indemnify OANDA for any losses or damages that OANDA may suffer as a result of the acts or omissions of such Account Manager, or as a result of following the instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager.

Appears in 5 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Account Manager. In the event that you wish to permit a third party (an “Account Manager”) to operate your Account, you agree that: (a) Prior to such Account Manager operating your Account, you will deliver to OANDA a copy of OANDA’s Limited Power-of-Attorney document signed by both you and the Account Manager; (b) OANDA has no responsibility to review your choice of Account Manager, nor to advise you of such Account Manager’s reputation, operating methods or trading record; (c) You shall provide such Account Manager with authority and control over your Account at your own risk; (d) OANDA shall follow the Instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager, as if such Instructions had originated from you. OANDA shall not be required to confirm such Instructions with you or to independently verify the calculation of any commissions or other fees claimed by the Account Manager; (e) OANDA shall not be responsible for any loss or damage you may suffer as a result of the acts or omissions of such Account Manager, or as a result of OANDA following the instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager; and (f) You shall indemnify OANDA for any losses or damages that OANDA may suffer as a result of the acts or omissions of such Account Manager, or as a result of following the instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager.

Appears in 5 contracts

Samples: Customer Agreement, Customer Agreement, Customer Agreement

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Account Manager. In the event that you wish to permit a third party (an “Account Manager”) to operate your Account, you agree that: (a) Prior to such Account Manager operating your Account, you will deliver to OANDA a copy of OANDA’s Limited Power-of-Attorney document signed by both you and the Account Manager; (b) OANDA has no responsibility to review your choice of Account Manager, nor to advise you of such Account Manager’s reputation, operating methods or trading record; (c) You shall provide such Account Manager with authority and control over your Account at your own risk; (d) OANDA shall follow the Instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager, Manager as if such Instructions had originated from you. OANDA shall not be required to confirm such Instructions with you or to independently verify the calculation of any commissions or other fees claimed by the Account Manager; (e) OANDA shall not be responsible for any loss or damage you may suffer as a result of the acts or omissions of such Account Manager, or as a result of OANDA following the instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager; and (f) You shall indemnify OANDA for any losses or damages that OANDA may suffer as a result of the acts or omissions of such Account Manager, or as a result of following the instructions of such Account Manager, including but not limited to any instructions regarding the payment of any commissions or other fees to the Account Manager.

Appears in 5 contracts

Samples: Customer Agreement, Fxtrade Customer Agreement, Fxtrade Customer Agreement

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