Common use of Corporate Client Clause in Contracts

Corporate Client. 11.1 Where the client is a limited company or limited liability partnership, an individual signing on the company’s behalf (whether as an officer of the company or not) agrees that he or she will personally meet any costs which the company should fail to pay. In such circumstances we recommend that an individual should take independent legal advice from that provided to the company before signing our client care letter as this effectively provides a guarantee by the individual concerned that he or she will be personally liable to discharge the legal costs incurred by the company with us.

Corporate Client. 11.1 12.1 Where the client is a limited company or limited liability partnership, an individual signing on the company’s behalf (whether as an officer of the company or not) agrees that he or she will personally meet any costs which the company should fail to pay. In such circumstances we recommend that an individual should take independent legal advice from that provided to the company before signing our client care letter as this effectively provides a guarantee by the individual concerned that he or she will be personally liable to discharge the legal costs incurred by the company with us.