Common use of Limited liability transactions Clause in Contracts

Limited liability transactions. Before entering into a limited liability transaction, you should obtain from your firm or the firm with whom you are dealing a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering into the transaction. The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Limited liability transactions. Before entering into a limited liability transaction, you should obtain from your firm Manager or the firm with whom you are dealing a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering before you enter into the transaction. The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 2 contracts

Samples: Investment Management Agreement, Investment Management Agreement

Limited liability transactions. Before entering into a limited liability transaction, you should obtain from your firm or the firm with whom you are dealing a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering before you enter into the transaction. The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 2 contracts

Samples: Terms of Business, Terms of Business

Limited liability transactions. Before entering into a limited liability transaction, you should obtain from your firm or the firm with whom you are dealing a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering before you enter into the transaction. The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 2 contracts

Samples: Subadvisory Agreement (Axp International Series Inc), Subadvisory Agreement (Axp Variable Portfolio Investment Series Inc)

Limited liability transactions. 7.1 Before entering into a limited liability transaction, you should obtain from your firm firm, or the firm with whom you are dealing dealing, a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering before you enter into the transaction. . 7.2 The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 1 contract

Samples: Retail Client Agreement (No Advice)

Limited liability transactions. Before entering into a limited liability transaction, you should obtain from your firm or the firm with whom you are dealing a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering before you enter into the transaction. The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Mlig Variable Insurance Trust)

Limited liability transactions. Before entering into a limited liability transaction, you should obtain from your firm or the firm with whom you are dealing us a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering before you enter into the transaction. The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 1 contract

Samples: Investment Services Agreement

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Limited liability transactions. Before entering into a limited liability transaction, you should obtain from your firm us or the firm with whom you are dealing a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering before you enter into the transaction. The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 1 contract

Samples: Investment Management Agreement

Limited liability transactions. Before entering into a limited liability transaction, you should we will obtain from your firm or the firm with whom you we are dealing a formal written statement confirming that the extent of your the investor’s loss liability on each transaction will be limited to an amount agreed by you prior to entering us before we enter into the transaction. The amount you the investor can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you the investor may sustain the loss in a relatively short time. Your The investor’s loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 1 contract

Samples: Investment Management Agreement

Limited liability transactions. Before entering into a limited liability transaction, you should obtain from your firm or the firm with whom you are dealing a formal written statement confirming that the extent of your loss liability on each transaction will be limited to an amount agreed by you prior to entering before you enter into the transaction. The amount you can lose in limited liability transactions will be less than in other margined transactions, which have no predetermined loss limit. Nevertheless, even though the extent of the loss will be subject to the agreed limit, you may sustain the loss in a relatively short time. Your loss may be limited, but the risk of sustaining a total loss to the amount agreed is substantial.

Appears in 1 contract

Samples: Credit Agreement (Doral Energy Corp.)

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