Common use of CLIENT’S DECLARATION Clause in Contracts

CLIENT’S DECLARATION. 9.1. The Client declares that it: a) has been acquainted with the information concerning Citfin, the GBT and other Contractual Documentation, i.e., in particular with the information on the manner of provision of payment services and fees for them, information on the manner of execution of the Currency Exchange Trades, information on conclusion and termination of contracts, as well as the supervisory authority over Citfin’s activities and the manner of out-of-court dispute settlements well in advance of the conclusion of the Framework Agreement; b) understands that Citfin does not provide investment or other advice; c) is an owner of all bank accounts that the Client specified in Annex 1 to the Framework Agreement; d) undertakes to fully and unconditionally comply with all obligations under the Framework Agreement and the GBT and also agrees to acquaint itself with any change or new version of the GBT and agrees to fully and unconditionally comply with any new version thereof, unless the Client terminates the Framework Agreement in accordance with the process specified in Article Chyba! Nenalezen zdroj odkazů.; e) expressly agrees to the recording of telephone calls regarding the arrangement of Currency Exchange Trades and their subsequent use for the purpose of documenting the formation of the Agreement. This recording of telephone communications shall be considered irrefutable evidence of the content and conclusion of the Agreement; f) has obtained the consent of each Authorised Person it has listed or will list in the future in Annex 1 to the Framework Agreement. The Client shall inform Authorised Persons of their obligations under the Framework Agreement and the GBT; g) has been acquainted with Citfin’s obligations under the AML policy and understands that the Services may only be provided upon compliance with such obligations; h) all written legal actions that the Client makes against Citfin and/or that are foreseen by these GBT or the Framework Agreement must be signed; i) The Client has been familiarised with the definition of a Politically Exposed Person as defined in Section 4(5) of the AML policy and declares that neither the Client, the Authorised Person nor the beneficial owner of the Client is a Politically Exposed Person, unless otherwise determined as part of the natural person authentication process; j) has been informed about the processing of the Client’s and/or Authorised Persons’ personal data by Citfin; k) is not subject to the obligation to disclose contracts pursuant to Act No. 340/2015 Coll., on the Register of Contracts, as amended. If this obligation applies to the Client, the Client shall notify Citfin of this fact, on the basis of which the contractual relationship between the Client and Citfin shall be adjusted; l) the Client is not in liquidation, has not been subject to insolvency proceedings, seizure proceedings or bankruptcy proceedings and the Client is not threatened with bankruptcy; m) the Client is not a passive non-financial entity or a U.S. tax resident in accordance with the Act on International Cooperation in Tax Administration, unless otherwise specified.

CLIENT’S DECLARATION. 9.1. The Client declares that it: a) has been acquainted with the information concerning Citfin, the GBT and other Contractual Documentation, i.e., in particular with the information on the manner of provision of payment services and fees for them, information on the manner of execution of the Currency Exchange Trades, information on conclusion and termination of contracts, as well as the supervisory authority over CitfinXxxxxx’s activities and the manner of out-of-court dispute settlements well in advance of the conclusion of the Framework Agreement; b) understands that Citfin does not provide investment or other advice; c) is an owner of all bank accounts that the Client specified in Annex 1 to the Framework Agreement; d) undertakes to fully and unconditionally comply with all obligations under the Framework Agreement and the GBT and also agrees to acquaint itself with any change or new version of the GBT and agrees to fully and unconditionally comply with any new version thereof, unless the Client terminates the Framework Agreement in accordance with the process specified in Article Chyba! Nenalezen zdroj odkazů.12; e) expressly agrees to the recording of telephone calls regarding the arrangement of Currency Exchange Trades and their subsequent use for the purpose of documenting the formation of the Agreement. This recording of telephone communications shall be considered irrefutable evidence of the content and conclusion of the Agreement; f) has obtained the consent of each Authorised Person it has listed or will list in the future in Annex 1 to the Framework Agreement. The Client shall inform Authorised Persons of their obligations under the Framework Agreement and the GBT; g) has been acquainted with Citfin’s obligations under the AML policy and understands that the Services may only be provided upon compliance with such obligations; h) all written legal actions that the Client makes against Citfin and/or that are foreseen by these GBT or the Framework Agreement must be signed; i) The Client has been familiarised with the definition of a Politically Exposed Person as defined in Section 4(5) of the AML policy and declares that neither the Client, the Authorised Person nor the beneficial owner of the Client is a Politically Exposed Person, unless otherwise determined as part of the natural person authentication process; j) has been informed about the processing of the Client’s and/or Authorised Persons’ personal data by CitfinXxxxxx; k) is not subject to the obligation to disclose contracts pursuant to Act No. 340/2015 Coll., on the Register of Contracts, as amended. If this obligation applies to the Client, the Client shall notify Citfin of this fact, on the basis of which the contractual relationship between the Client and Citfin shall be adjusted; l) the Client is not in liquidation, has not been subject to insolvency proceedings, seizure proceedings or bankruptcy proceedings and the Client is not threatened with bankruptcy; m) the Client is not a passive non-financial entity or a U.S. tax resident in accordance with the Act on International Cooperation in Tax Administration, unless otherwise specified.