Common use of Appointment of and Changing Authorised Persons Authorised Persons Clause in Contracts

Appointment of and Changing Authorised Persons Authorised Persons. 4.2.1 GMT Markets may accept your authorisation of another person (Authorised Person) to give instructions (including dealing instructions) on your behalf. You must notify GMT Markets in your Application Form or otherwise in writing in a way permitted by GMT Markets of any such authorisation, setting out the full name, telephone number, email address and signature of that person and any other information required by GMT Markets to identify the Authorised Person. 4.2.2 Any change or revocation of such authority is only effective upon receipt by GMT Markets of a signed written notice of change or revocation from you. We are only bound by any such variation upon written notice being received by us.‌ 4.2.3 If another person is later appointed an Authorised Person, the notice must include the full name, telephone number, email address and specimen signature of that person and be verified by an Authorised Person and any other information required by GMT Markets to identify the Authorised Person and, if you are a body corporate, by a director. 4.2.4 You may appoint an attorney (under a power of attorney in the relevant jurisdiction) to give instructions and place orders on your behalf or otherwise to do anything which you are entitled to do in connection with or under this Client Agreement. You must notify GMT Markets in writing of any such appointment setting out the attorney’s details. You must provide GMT Markets with a written power of attorney. GMT Markets may accept or reject this power of attorney.‌ 4.2.5 GMT Markets may allow you to authorise your Authorised Person or attorney to do anything which you are entitled to do under this Client Agreement, including on conditions determined by GMT Markets. 4.2.6 For the purposes of this Client Agreement, any dealing instructions placed by, and other instructions or directions given by, an Authorised Person (or which appear to us on the face of the dealing instructions or other instructions or directions to be placed or given by an Authorised Person) are taken to be your dealing instructions or directions. 4.2.7 You are and remain solely liable and responsible for all acts and omissions of your Authorised Person notwithstanding the act or omission of the Authorised Person was: (a) outside their actual or ostensible authority; or‌ (b) in error, fraudulent, negligent, in breach of their fiduciary duties or criminal. 4.2.8 You agree not to make, and you release us from any liability to you under your right to make, any Claim against us for any Loss incurred or suffered by you which arise directly or indirectly due to us relying on instructions from or other communications from or acts or omissions by your Authorised Person (including your attorney).

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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Appointment of and Changing Authorised Persons Authorised Persons. 4.2.1 GMT GZ Markets may accept your authorisation of another person (Authorised Person) to give instructions (including dealing instructions) on your behalf. You must notify GMT GZ Markets in your Application Form or otherwise in writing in a way permitted by GMT GZ Markets of any such authorisation, setting out the full name, telephone number, email address and signature of that person and any other information required by GMT GZ Markets to identify the Authorised Person. 4.2.2 . Any change or revocation of such authority is only effective upon receipt by GMT GZ Markets of a signed written notice of change or revocation from you. We are only bound by any such variation upon written notice being received by us.‌ 4.2.3 us. If another person is later appointed an Authorised Person, the notice must include the full name, telephone number, email address and specimen signature of that person and be verified by an Authorised Person and any other information required by GMT GZ Markets to identify the Authorised Person and, if you are a body corporate, by a director. 4.2.4 . You may appoint an attorney (under a power of attorney in the relevant jurisdiction) to give instructions and place orders on your behalf or otherwise to do anything which you are entitled to do in connection with or under this Client Agreement. You must notify GMT Markets us in writing of any such appointment setting out the attorney’s details. You must provide GMT Markets us with a written power of attorney. GMT Markets We may accept or reject this power of attorney.‌ 4.2.5 GMT Markets attorney. We may allow you to authorise your Authorised Person or attorney to do anything which you are entitled to do under this Client Agreement, including on conditions determined by GMT Markets. 4.2.6 us. For the purposes of this Client Agreement, any dealing instructions placed by, and other instructions or directions given by, an Authorised Person (or which appear to us on the face of the dealing instructions or other instructions or directions to be placed or given by an Authorised Person) are taken to be your dealing instructions or directions. 4.2.7 . You are and remain solely liable and responsible for all acts and omissions of your Authorised Person notwithstanding the act or omission of the Authorised Person was: (a) outside their actual or ostensible authority; or‌or (b) in error, fraudulent, negligent, in breach of their fiduciary duties or criminal. 4.2.8 . You agree not to make, and you release us from any liability to you under your right to make, any Claim against us for any Loss loss incurred or suffered by you which arise directly or indirectly due to us relying on instructions from or other communications from or acts or omissions by your Authorised Person (including your attorney).

Appears in 1 contract

Samples: Client Agreement

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Appointment of and Changing Authorised Persons Authorised Persons. 4.2.1 GMT Prospero Markets may accept your authorisation of another person (Authorised Person) to give instructions (including dealing instructions) on your behalf. You must notify GMT Prospero Markets in your Application Form or otherwise in writing in a way permitted by GMT Prospero Markets of any such authorisation, setting out the full name, telephone number, email address and signature of that person and any other information required by GMT Prospero Markets to identify the Authorised Person. 4.2.2 Any change or revocation of such authority is only effective upon receipt by GMT Prospero Markets of a signed written notice of change or revocation from you. We are only bound by any such variation upon written notice being received by us.‌us. 4.2.3 If another person is later appointed an Authorised Person, the notice must include the full name, telephone number, email address and specimen signature of that person and be verified by an Authorised Person and any other information required by GMT Prospero Markets to identify the Authorised Person and, if you are a body corporate, by a director. 4.2.4 You may appoint an attorney (under a power of attorney in the relevant jurisdiction) to give instructions and place orders on your behalf or otherwise to do anything which you are entitled to do in connection with or under this Client AgreementTerms and Conditions. You must notify GMT Prospero Markets in writing of any such appointment setting out the attorney’s details. You must provide GMT Prospero Markets with a written power of attorney. GMT Prospero Markets may accept or reject this power of attorney.‌attorney. 4.2.5 GMT Prospero Markets may allow you to authorise your Authorised Person or attorney to do anything which you are entitled to do under this Client AgreementTerms and Conditions, including on conditions determined by GMT Prospero Markets. 4.2.6 For the purposes of this Client Agreement, any dealing instructions placed by, and other instructions or directions given by, an Authorised Person (or which appear to us on the face of the dealing instructions or other instructions or directions to be placed or given by an Authorised Person) are taken to be your dealing instructions or directions. 4.2.7 You are and remain solely liable and responsible for all acts and omissions of your Authorised Person notwithstanding the act or omission of the Authorised Person was: (a) outside their actual or ostensible authority; or‌ (b) in error, fraudulent, negligent, in breach of their fiduciary duties or criminal. 4.2.8 You agree not to make, and you release us from any liability to you under your right to make, any Claim against us for any Loss incurred or suffered by you which arise directly or indirectly due to us relying on instructions from or other communications from or acts or omissions by your Authorised Person (including your attorney).

Appears in 1 contract

Samples: Margin Fx Contracts and Contract for Differences

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