Common use of EXCLUSIVE MANDATE AND POWER OF ATTORNEY Clause in Contracts

EXCLUSIVE MANDATE AND POWER OF ATTORNEY. By signing and entering into this CTA Customer Contract, you grant a mandate to BUX. Under this mandate, XXX is authorised to issue instructions to us concerning your CTA or for the performance of orders concerning your CTA. This mandate is explicitly limited to acts that are necessary in order for BUX to perform its services. These include charging costs. You can issue payment orders only to BUX. Payment orders can be carried out only if there are sufficient funds in your CTA. This mandate is exclusive, which means that you cannot perform any transactions with respect to your CTA yourself (other than through the services of BUX). The balance on your CTA will be blocked upon the termination of the mandate (for example, as a result of BUX's bankruptcy or another circumstance prescribed by law). We will subsequently transfer this balance to your Contra Account provided this is not forbidden by law or regulations. You can contact us after the power of attorney has ended. By signing and entering into this CTA Customer Contract, you irrevocably authorise us to take any action on your behalf that may be necessary for the performance of the services, the discharge of this CTA Customer Contract and the performance of the General CTA Terms and Conditions. We are also authorised to act as your counterparty, even if there is a conflict of interest.

Appears in 2 contracts

Samples: getbux.com, getbux.com

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EXCLUSIVE MANDATE AND POWER OF ATTORNEY. By signing and entering into this CTA Customer Contract, you NL/EN V2.0 You grant a mandate to BUXBUX by signing this CTA Client Agreement. Under this mandate, XXX This mandate means that BUX is authorised to issue instructions to us concerning your CTA or for the performance of orders or to have performed instructions concerning your CTA. This mandate is explicitly limited to performing acts that are necessary in order for BUX to perform its the performance of BUX's services. These include This includes charging costs. You can only issue payment orders only instructions to BUX. Payment orders instructions can only be carried out only if there are your CTA contains sufficient funds in your CTAbalance. This mandate is exclusive, which . This means that you cannot perform any transactions acts with respect to your CTA yourself (other than through the services of via BUX). The balance on in your CTA will be blocked upon frozen in the termination of event the mandate ends (for example, example as a result of BUX's bankruptcy or another circumstance prescribed by lawprovided for bylaw). We Subsequently we will subsequently transfer this balance to your Contra Counter Account provided this is not forbidden prevented by law or rules and regulations. You can contact us after the power of attorney mandate has ended. By signing and entering into this CTA Customer Contract, Client Agreement you irrevocably authorise us to take any action perform all acts on your behalf that may be are necessary for the services and the further performance of the services, the discharge of this CTA Customer Contract Client Agreement and the performance of the CTA General CTA Terms and Conditions. We are may also authorised to act as your counterparty, even if there is in the case of a conflict of interest.

Appears in 1 contract

Samples: getbux.com

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EXCLUSIVE MANDATE AND POWER OF ATTORNEY. By signing and entering into this CTA Customer Contract, you You grant a mandate to BUXBUX by signing this CTA Client Agreement. Under this mandate, XXX This mandate means that BUX is authorised to issue instructions to us concerning your CTA or for the performance of orders or to have performed instructions concerning your CTA. This mandate is explicitly limited to performing acts that are necessary in order for BUX to perform its the performance of BUX's services. These include This includes charging costs. You can only issue payment orders only instructions to BUX. Payment orders instructions can only be carried out only if there are your CTA contains sufficient funds in your CTAbalance. This mandate is exclusive, which . This means that you cannot perform any transactions acts with respect to your CTA yourself (other than through the services of via BUX). The balance on in your CTA will be blocked upon frozen in the termination of event the mandate ends (for example, example as a result of BUX's bankruptcy or another circumstance prescribed by lawprovided for bylaw). We Subsequently we will subsequently transfer this balance to your Contra Counter Account provided this is not forbidden prevented by law or rules and regulations. You can contact us after the power of attorney mandate has ended. By signing and entering into this CTA Customer Contract, Client Agreement you irrevocably authorise us to take any action perform all acts on your behalf that may be are necessary for the services and the further performance of the services, the discharge of this CTA Customer Contract Client Agreement and the performance of the CTA General CTA Terms and Conditions. We are may also authorised to act as your counterparty, even if there is in the case of a conflict of interest.

Appears in 1 contract

Samples: getbux.com

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