Common use of Independent Adviser Clause in Contracts

Independent Adviser. Customer hereby appoints Advisor as Customer’s agent for the purpose of receiving all communications, notices and requests for instructions related to this Agreement and the transactions effectuated pursuant to this Agreement, including, without limitation, margin calls and any trading information or advice (subject to Section 6(b) hereof). Advisor is authorized to access and use electronic services, facilities and information provided electronically, including but not limited to Electronic Trading Services (as defined herein), and on behalf of Customer, to agree to the terms and conditions regarding such use and to enter into agreements relating to Electronic Trading Services. Customer hereby agrees to indemnify and hold Mxxxxx Sxxxxxx harmless from and to pay Mxxxxx Sxxxxxx promptly on demand any and all Losses arising from Mxxxxx Xxxxxxx’x reliance on any communication, notice or instruction of the Advisor until Mxxxxx Sxxxxxx receives written notice of Customer’s revocation thereof; and termination of the appointment of the Advisor shall not affect any liability in any way resulting from transactions initiated prior to such termination. This indemnity is in addition to (and in no way limits or restricts) any rights which Mxxxxx Sxxxxxx may have under this Agreement and any other agreement or agreements between Mxxxxx Sxxxxxx and Customer. Nothing in this Section 10(c) shall relieve Customer of any of its obligations under this Agreement.

Independent Adviser. Customer hereby appoints Advisor as Customer’s agent for the purpose of receiving all communications, notices and requests for instructions related to this Agreement and the transactions effectuated pursuant to this Agreement, including, without limitation, margin calls and any trading information or advice (subject to Section 6(b) hereof). Advisor is authorized to access and use electronic services, facilities and information provided electronically, including but not limited to Electronic Trading Services (as defined herein), and on behalf of Customer, to agree to the terms and conditions regarding such use and to enter into agreements relating to Electronic Trading Services. Customer hereby agrees to indemnify and hold Mxxxxx Sxxxxxx Xxxxxx Xxxxxxx harmless from and to pay Mxxxxx Sxxxxxx Xxxxxx Xxxxxxx promptly on demand any and all Losses arising from Mxxxxx Xxxxxx Xxxxxxx’x reliance on any communication, notice or instruction of the Advisor until Mxxxxx Sxxxxxx Xxxxxx Xxxxxxx receives written notice of Customer’s revocation thereof; and termination of the appointment of the Advisor shall not affect any liability in any way resulting from transactions initiated prior to such termination. This indemnity is in addition to (and in no way limits or restricts) any rights which Mxxxxx Sxxxxxx Xxxxxx Xxxxxxx may have under this Agreement and any other agreement or agreements between Mxxxxx Sxxxxxx Xxxxxx Xxxxxxx and Customer. Nothing in this Section 10(c) shall relieve Customer of any of its obligations under this Agreement.