Authority to Trade. 16.1. You hereby authorize us to act on any instruction given or appearing to be given by you on the Trading Platform.
Authority to Trade. 31.1. Xxxxxxxxx authorize us toact onany instruction given orappearing to be given byyou on the Trading Platform via the use of your Account Credentials.
Authority to Trade. 30.1. You hereby authorize us to act on any instruction given or appearing to be given by you onthe Trading Platform via the use of your Account Credentials.
30.2. We shall be entitled, and you hereby authorize us, to rely upon any oral, electronic or written communication or instruction received from you. You agree that:
(a) once logged on to the Trading Platform following entry of the Account Credentials, we are authorized to act upon instructions without enquiring as to the validity of the instructions and to consider the instructions of like force and effect as written orders made by you;
(b) following log-in to the Trading platform, nothing in this clause will oblige us to verify the validity of each instruction or the signatures prior to every trade; and
(c) You shall bear the risk of all instructions, whether authorized, unauthorized, improper or fraudulent, even if it transpires such instructions were provided without your authority. You shall indemnify us against and save us harmless from all losses, costs, fees, damages, expenses, claims, suits, demands and liabilities whatsoever that we may suffer or incur or that may be brought against us, in any way relating to or arising out of our acting upon, delay in acting upon or refusal to act upon any such instructions or information.
30.3. Without derogating from the above, we will not be under any duty to act in accordance with any instruction if we reasonably believe that:
(a) the person who provided such an instruction was acting in excess of his authority;
(b) acting upon such an instruction would infringe any law, rule, regulation or the Client Agreements; or
(c) in the event that we have accepted an offer to perform a Transaction that we later suspect falls within points (a) and (b) hereunder this clause 30.3, we may, in our absolute discretion, either close such a Transaction at the then prevailing price quoted on the Trading Platform or treat the Transaction as having been void from the outset. Nothing in this clause shall be construed as an obligation on our part to inquire about the authority of any person who purports to represent you.
30.4. Any offer to open or close a Transaction (including an Order) must be made by you through the Trading Platform only, or via phone subject to conditions of clause 32.2 of this Client Agreement. Written offers to open or close a Transaction, including offers sent by fax, email or text message will not be accepted.
30.5. If we receive an offer to open or c...
Authority to Trade. 39.1. The Client The Client hereby authorize us to act on any instruction given or appearing to be given by the Client on the Trading Platform via the use of the Client’s Account Credentials.
Authority to Trade. Customer represents that: (i) it is authorized to enter into transactions in futures and options on futures contracts and to execute this Agreement and perform its obligations, and has taken all necessary action to authorize such execution and performance; (ii) Customer has obtained all authorizations of any governmental body required in connection with this Agreement and such authorizations are in full force and effect; and (iii) the execution, delivery and performance of this Agreement and any such transaction Customer may enter into will not violate any law, ordinance, charter, by-law, regulation or rule applicable to it or any agreement by which it is bound or by which any of its assets are affected. Upon the execution of any transaction by HSBC on Customer’s behalf, Customer shall be deemed to repeat all the foregoing representations. Customer and each person signing this Agreement on Customer’s behalf warrant that they are authorized to sign this agreement; that the representations in this paragraph are true; and that no information appearing on page 3-4 of this document is misstated.
Authority to Trade. Each time you enter into a trade you agree to repeat the following conditions:
Authority to Trade. FURTHER RESOLVED, that the names, titles and signatures of each person authorized to buy and sell Contracts and otherwise act on behalf of the Customer pursuant to the terms of the Customer Agreement are as follows: Name of Authorized Individual Title Signature Name of Authorized Individual Title Signature Name of Authorized Individual Title Signature Name of Authorized Individual Title Signature and that BNP Paribas may absolutely rely on all instructions, whether verbal or written, received by it from the above-named individuals, or any other persons with apparent authority, with respect to any of the transactions referred to above without further inquiry until it receives written notice of a change from the Customer. IN WITNESS WHEREOF, I have hereunto set my hand as of , 20 . Authorized Xxxxxx Signature Name and Title Date Resolutions Adopted APPENDIX A Trust Authorization In consideration of BNP Paribas Prime Brokerage, Inc. (“BNP Paribas”), carrying one or more accounts (each, an “Account”) in commodity interests, including commodities, commodity futures contracts and related options (collectively, “Contracts”), in the name of BNP Paribas S&P Dynamic Roll Global Commodities Fund (the “Customer”), duly organized and existing under the laws of the State of Delaware, of which the undersigned is a trustee, the undersigned represents and certifies to BNP Paribas that:
