Common use of Instructions and Authorisation Clause in Contracts

Instructions and Authorisation. (a) In entering into a Transaction, the Broker Member shall be entitled to rely upon any oral or written instructions given by the Client or by any person authorised in writing by the Client to give instructions on its behalf. The Client may revoke this authorisation by delivering to the Broker Member a signed written notice to this effect. (b) In giving instructions, the Client may give the Broker Member discretion with regard to the timing and/or the price at which such instructions are to be executed. In such cases the Broker Member shall, subject to Section 14, not be liable for the results of the discretion exercised by the Broker Member provided such Broker has not been negligent. (c) Once given, instructions may only be withdrawn or amended with the Broker Member’s consent.

Instructions and Authorisation. (a) In entering into a Transaction, the Broker Member shall be entitled to rely upon any oral or written instructions given by the Client or by any person authorised in writing by the Client to give instructions on its behalf. The Client may revoke this authorisation by delivering to the Broker Member a signed written notice to this effect. (b) . In giving instructions, the Client may give the Broker Member discretion with regard to the timing and/or the price at which such instructions are to be executed. In such cases the Broker Member shall, subject to Section 14, not be liable for the results of the discretion exercised by the Broker Member provided such Broker has not been negligent. (c) . Once given, instructions may only be withdrawn or amended with the Broker Member’s consent.

Instructions and Authorisation. (a) A. In entering into a Transaction, the Broker Member shall be entitled to rely upon any oral or written instructions given by the Client or by any person authorised in writing by the Client to give instructions on its behalf. The Client may revoke this authorisation by delivering to the Broker Member a signed written notice to this effect. (b) B. In giving instructions, the Client may give the Broker Member discretion with regard to the timing and/or the price at which such instructions are to be executed. In such cases the Broker Member shall, subject to Section 14, not be liable for the results of the discretion exercised by the Broker Member provided such Broker has not been negligent. (c) C. Once given, instructions may only be withdrawn or amended with the Broker Member’s consent.