Common use of APPLICATION AND SCOPE Clause in Contracts

APPLICATION AND SCOPE. 1.1. This Section sets out the terms and conditions on which BCS will provide the Services referred to in the Terms to the Client where the Client is acting as agent for another person (an ‘Underlying Customer’). Where the Client is dealing as principal (for own account or on a riskless principal basis) this Section shall not apply.

APPLICATION AND SCOPE. 1.1. This 1.1 The Terms of this Section sets set out the terms and conditions on which BCS will provide the Services referred to in the Terms of Business to the Client where the Client is acting as agent for another person (an ‘Underlying Customer’). Where the Client is dealing as principal (acting for its own account or on a riskless principal basis) this Section these Agency Terms shall not apply.

APPLICATION AND SCOPE. 1.1. This 1.1 The Terms of this Section sets set out the terms and conditions basis on which BCS will provide the Services services referred to in the Terms of Business to the Client where the Client is acting as agent for another person (an ‘Underlying Customer’underlying customer). Where the Client is dealing as principal (acting for its own account or on a riskless principal basis) this Section these Agency Terms shall not apply.