Common use of Holdover for Non-Compliance Clause in Contracts

Holdover for Non-Compliance. Despite any other provision to the contrary contained in this Affiliate Agreement, QT may, at its sole and absolute discretion pending an investigation into the undermentioned activities and pending a decision to cancel or terminate the Client Agreement, this Affiliate Agreement or your Trading Account, suspend your Trading Account, any trading thereon and the registration of Traders on your Affiliate IB Wallet and withhold, delay or deny settlement of any referral fee if QT has reason to believe, in its sole and absolute discretion that any of the activities in relation to trading on MT5 or in relation to your communication with potential Clients for introducing and referral purposes to QT, are not in compliance with any applicable law or the Regulating Provisions, or constitute Fraudulent Activities or Unsolicited, Unauthorised and/or Spam Promotion or otherwise in breach of the provisions of this Affiliate Agreement, and you hereby irrevocably waive any claim or demand in respect of such action taken by QT.

Appears in 3 contracts

Samples: Introducer Agreement, Affiliate Introducer Agreement, Affiliate Introducer Agreement

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Holdover for Non-Compliance. Despite any other provision to the contrary contained in this Affiliate Agreement, QT may, at its sole and absolute discretion pending an investigation into the undermentioned activities and pending a decision to cancel or terminate the Client Agreement, this Affiliate Agreement or your Trading Account, suspend your Trading Account, any trading thereon and the registration of Traders on your Affiliate IB Wallet Account number and withhold, delay or deny settlement of any referral fee if QT has reason to believe, in its sole and absolute discretion that any of the activities in relation to trading on MT5 or in relation to your communication with potential Clients for introducing and referral purposes to QT, are not in compliance with any applicable law or the Regulating Provisions, or constitute Fraudulent Activities or Unsolicited, Unauthorised and/or Spam Promotion or otherwise in breach of the provisions of this Affiliate Agreement, and you hereby irrevocably waive any claim or demand in respect of such action taken by QT.

Appears in 2 contracts

Samples: Introducer Agreement, Affiliate Introducer Agreement

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