Common use of Client Representations Clause in Contracts

Client Representations. Client represents and warrants to Chelsea that the person who signs this Agreement is authorized to negotiate terms and to enter into this Agreement and other related agreements on Client’s behalf. If the signer is a trustee or fiduciary, Client represents that the investments are within the scope authorized by the appropriate trust organizational document or authority. Client further reresents that the trust documents allow the plan to invest in stocks, bonds, mutual funds, and other securities. Further, Client represents that the documents allow investment discretion to be delegated to an investment adviser or other party and that the plan is authorized to hire such investment advisers. Client acknowledges those individuals signing on behalf of Client are the only authorized signers necessary to enter into this Agreement on behalf of Client. Client further represents and warrants to Chelsea that: (i) the terms of this Agreement do not violate any obligations by which Client is bound, whether by contract, operation of law, or otherwise; (ii) all Client Information furnished to Chelsea in connection with this Agreement and all documents supplied by Client in this regard, including financial statements, and any information supplied by Client to Chelsea for the purpose of preparing the Client profile are true, complete, and correct in all material respects; and (iii) if Cient has selected mutual funds as an investment vehicle, Client acknowledges having received and reviewed the respective prospectus thereto and Client agrees that the mutual funds selected are consistent with its suitability requirements.

Client Representations. Client represents and warrants to Chelsea Compass Financial that the person who signs this Agreement is authorized to negotiate terms and to enter into this Agreement and other related agreements on Client’s behalf. If the signer is a trustee or fiduciary, Client it represents that the investments are within the scope authorized by the appropriate trust organizational document or authority. Client further reresents represents that the trust documents allow the plan to invest in stocks, bonds, stocks and or bonds and mutual funds, funds and other securities. Further, Client represents that the documents allow investment discretion to be delegated to an investment adviser or other party party, and that the plan is authorized to hire such investment advisers. Client acknowledges those individuals signing on behalf of Client are the only authorized signers necessary to enter into this Agreement on behalf of Client. Client further represents and warrants to Chelsea Compass Financial that: (i) the terms of this Agreement do not violate any obligations by which Client is bound, whether by contract, operation of law, law or otherwise; (ii) all Client Information furnished to Chelsea Compass Financial in connection with this Agreement and all documents supplied by Client in this regard, including financial statements, and any information supplied by Client to Chelsea Compass Financial for the purpose of preparing the Client profile Profile are true, complete, complete and correct in all material respects; and (iii) if Cient has selected mutual funds have been selected as an investment vehicle, Client acknowledges having received and reviewed the respective prospectus thereto thereto, and Client agrees that the mutual funds selected are consistent with its suitability requirements.