Common use of Authorized Affiliate Clause in Contracts

Authorized Affiliate. An authorized affiliate is any: • Subscriber affiliated with a Participant, OR • Unlicensed Assistant who performs actions on behalf of or with the authority of the Participant employed by: o the Participant’s brokerage firm, o the Participant, o a Subscriber affiliated with the Participant, or o a group which can include the Participant and/or Subscribers. Business days are weekdays (Mondays through Fridays) except weekdays that are: • federal holidays, OR • US Postal Service holidays, OR • Louisiana state holidays.