Common use of Client Authority Clause in Contracts

Client Authority. Client represents that he or she is a natural person who is at least 18 years old. Client agrees to promptly notify LPL in the event that his or her country of residence or citizenship status changes, and Client acknowledges and agrees that such notification may result in termination of his or her account by LPL under Section 10 below if LPL does not service accounts in the new jurisdiction. Client is not an employee benefit plan subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or an entity whose assets are treated as “plan assets” for purposes of ERISA (“ERISA Plan”). Client represents that he or she is duly authorized to enter into this Agreement. As discussed more fully above, LPL, IAR and FutureAdvisor do not undertake to provide advisory services under this Agreement until the Account has been accepted by LPL.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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Client Authority. Client represents that he or she is a natural person who is at least 18 years old. Client agrees to promptly notify LPL in the event that his or her country of residence or citizenship status changes, and Client acknowledges and agrees that such notification may result in termination of his or her account by LPL under Section 10 below if LPL does not service accounts in the new jurisdiction. Client is not an employee benefit plan subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or an entity whose assets are treated as “plan assets” for purposes of ERISA (“ERISA Plan”). Client represents that he or she is duly authorized to enter into this Agreement. Agreement As discussed more fully above, LPL, IAR Advisor and FutureAdvisor do not undertake to provide advisory services under this Agreement until the Account has been accepted by LPL.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

Client Authority. Client represents that he or she is a natural person who is at least 18 years old. Client agrees to promptly notify LPL in the event that his or her country of residence or citizenship status changes, and Client acknowledges and agrees that such notification may result in termination of his or her account by LPL under Section 10 9 below if LPL does not service accounts in the new jurisdiction. Client is not an employee benefit plan subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or an entity whose assets are treated as “plan assets” for purposes of ERISA (“ERISA Plan”). Client represents that he or she is duly authorized to enter into this Agreement. As discussed more fully above, LPL, LPL and IAR and FutureAdvisor do not undertake to provide advisory services under this Agreement until the Account has been accepted by LPL.

Appears in 1 contract

Samples: Current Agreement

Client Authority. Client represents that he or she is a natural person who is at least 18 years old. Client agrees to promptly notify LPL in the event that his or her country of residence or citizenship status changes, and Client acknowledges and agrees that such notification may result in termination of his or her account by LPL under Section 10 9 below if LPL does not service accounts in the new jurisdiction. Client is not an employee benefit plan subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or an entity whose assets are treated as “plan assets” for purposes of ERISA (“ERISA Plan”). Client represents that he or she is duly authorized to enter into this Agreement. As discussed more fully above, LPL, IAR LPL and FutureAdvisor Advisor do not undertake to provide advisory services under this Agreement until the Account has been accepted by LPL.

Appears in 1 contract

Samples: Current Agreement

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Client Authority. Client represents that he or she is a natural person who is at least 18 years old. Client agrees to promptly notify LPL in the event that his or her country of residence or citizenship status changes, and Client acknowledges and agrees that such notification may result in termination of his or her account by LPL under Section 10 below if LPL does not service accounts in the new jurisdiction. Client is not an employee benefit plan subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”) or an entity whose assets are treated as “plan assets” for purposes of ERISA (“ERISA Plan”). Client represents that he or she is duly authorized to enter into this Agreement. As discussed more fully above, LPL, IAR Advisor and FutureAdvisor do not undertake to provide advisory services under this Agreement until the Account has been accepted by LPL.

Appears in 1 contract

Samples: Account Agreement

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