Common use of Authority to Make Application Clause in Contracts

Authority to Make Application. In the event that the Client requests and authorizes GTJAS to apply for Securities in respect of a new listing and/or issue of Securities on the Exchange as the Client’s agent for the Client’s benefit or for the benefit of any other person, the Client hereby warrants for GTJAS’s benefit that at the time of such application, GTJAS has authority to make such application on the Client’s behalf.

Authority to Make Application. In the event that the Client requests and authorizes GTJAS to apply for Securities in respect of a new listing and/or issue of Securities on the Exchange as the Client’s agent for the Client’s benefit or for the benefit of any other personits underlying clients, the Client hereby warrants for GTJAS’s ’ benefit that at the time of such application, the Client and its underlying clients are eligible and GTJAS has authority to make such application on the Client’s behalfbehalf (who is acting with relevant authority from its underlying clients).