Common use of Client Instructions Clause in Contracts

Client Instructions. It is agreed that, for the application of this Agreement, the CLIENT’s instructions or orders concern transactions entered into by the CLIENT involving financial instruments. It also applies to transactions in shares or units of UCITS (SICAVs and FCP mutual funds) or other financial investments. The CLIENT, under his sole responsibility, shall transmit orders to BRED using any channel authorised by BRED, which may at any time require written confirmation. The CLIENT is informed, notably when he chooses to place an order by telephone, that his conversations or those of his representative may be recorded. The CLIENT expressly authorises such telephone recordings. In the event of a conflict between a subsequent written confirmation and a telephone recording, the telephone recording shall prevail. BRED reserves the right to suspend, prohibit or authorise, at any time and without prior notice, any means of transmitting orders. In the event of a prolonged interruption of order placing services, BRED shall inform the CLIENT of alternative ways to place orders, as soon as possible and using every reasonable means.

Appears in 3 contracts

Samples: Service Agreement for Financial Instruments, Service Agreement for Financial Instruments, Service Agreement for Financial Instruments

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Client Instructions. It is agreed that, for the application of this Agreement, the CLIENT’s instructions or orders concern transactions entered into by the CLIENT involving financial instruments. It also applies to transactions in shares or units of UCITS (SICAVs and FCP mutual funds) or other financial investments. The CLIENT, under his sole responsibility, shall transmit orders to BRED SBE using any channel authorised by BREDSBE, which may at any time require written confirmation. The CLIENT is informed, notably when he chooses to place an order by telephone, that his conversations or those of his representative may be recorded. The CLIENT expressly authorises such telephone recordings. In the event of a conflict between a subsequent written confirmation and a telephone recording, the telephone recording shall prevail. BRED SBE reserves the right to suspend, prohibit or authorise, at any time and without prior notice, any means of transmitting orders. In the event of a prolonged interruption of order placing services, BRED SBE shall inform the CLIENT of alternative ways to place orders, as soon as possible and using every reasonable means.

Appears in 1 contract

Samples: Service Agreement

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