Client Funds. 19.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law. 19.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.
Appears in 3 contracts
Samples: Account Application and Agreement, Business Account Application and Agreement, Account Application and Agreement
Client Funds. 19.3.120.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.220.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.
Appears in 2 contracts
Samples: Account Application and Agreement, Account Application and Agreement
Client Funds. 19.3.118.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.218.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line stated purpose of businessits use of Services.
Appears in 2 contracts
Samples: Account Application and Agreement, Account Application and Agreement
Client Funds. 19.3.116.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.216.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.
Appears in 1 contract
Samples: Account Application and Agreement
Client Funds. 19.3.112.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.212.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.
Appears in 1 contract
Samples: Service Agreement
Client Funds. 19.3.117.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.217.3.2. Client further represents and warrants that each use of the Services Forward Contract entered into by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line facilitating a means of businesspayment for identifiable goods and services.
Appears in 1 contract
Samples: Account Application and Agreement
Client Funds. 19.3.1BUS_ACC_OPEN_SG_0219_EC
16.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.216.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.
Appears in 1 contract
Samples: Account Application and Agreement
Client Funds. 19.3.117.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.217.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk is exercised in connection with Client’s line of businessbusiness and that each Forward Contract entered into by the Client is for the sole purpose of facilitating a means of payment for identifiable goods and services or direct investment.
Appears in 1 contract
Samples: Account Application and Agreement
Client Funds. 19.3.116.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.216.3.2. Client further represents and warrants that each use of the Services Forward Contract entered into by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line facilitating a means of businesspayment for identifiable goods and services.
Appears in 1 contract
Samples: Account Application and Agreement
Client Funds. 19.3.118.3.1. Client represents and warrants that it is acting as a principal and has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law.
19.3.218.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.
Appears in 1 contract
