NON-ADVISORY NATURE OF RELATIONSHIP Sample Clauses

NON-ADVISORY NATURE OF RELATIONSHIP. Unless you have a specific agreement with the Company for the provision of advisory services, you should note and accept that the Company’s relationship with you in relation to your securities, securities related and commodities transactions is purely as execution only broker/dealer or as a counterparty to you. In either case while you are entitled to expect the Company or its employees or representatives to answer your queries, the obligation in so answering is only to be honest. Such answers should not be assumed to be backed by any prior reasonable due diligence or research or specifically suitable for reliance by yourself without you first independently confirming that the answer is intended as specific advice to and is suitable for or to your specific financial needs and objectives or your verifying the same with your independent advisers on its specific suitability for your specific financial needs and objectives. You should also note Clause A12.3 of the Company’s General Trading Agreement and ensure you understand and accept the same as a condition to your relationship with the Company.
Sample 1
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NON-ADVISORY NATURE OF RELATIONSHIP. Unless otherwise agreed by the Company in writing or otherwise stated in the Company’s Terms and Conditions, the Company does not and is not willing to assume any advisory, fiduciary or similar or other duties or act as investment adviser to the Client. The Company assumes, and relies on the assumption, that the Client has taken and/or will take the necessary independent legal, tax, financial and other advice in relation to any Account or before entering into any Transaction. The Company will assume that the Client has read and is agreeable to the relationship disclosure disclosed as part of the risk disclosure to the Client. The Company strongly suggests that the Client reviews all materials (as supplied by the Company and as supplemented with independent advice which the Client has been encouraged to take) pertaining to the risks associated with any transaction. TERMS AND CONDITIONS GOVERNING ELECTRONIC PAYMENT FOR SHARES (EPS) 1. The Member Company shall be entitled, but not bound, from time to time to pay the sales proceeds and contra gains (the “sales proceeds”) arising from the transactions effected through the Trading Account to the designated Bank Account. The Member Company may, at its option, elect to pay the Client the sales proceeds by cheque and such election shall be binding on the Client. 2. No payments shall be made by the Member Company to the designated Bank Account through the Electronic Payment For Shares service (the “service”) on Saturdays or half business days of the Participating Banks or the Member Company. 3. The Member Company shall be entitled, but not bound, from time to time to: (a) deem and treat any payments made by the Client from time to time through the service (the “electronic payment”) as being paid on the market day following the date of the electronic payment; (b) apply all or any amounts received pursuant to the electronic payment in payment of outstanding purchases or contra losses (the “outstanding contracts”) made through the Trading Account in chronological order so that the outstanding contract for which payment is due first will be settled first, notwithstanding any instructions from the Client as to how the electronic payment is to be applied; and (c) set-off all or any amounts received pursuant to the electronic payment against all or any amounts due and owing by the Client to the Member Company before applying the said electronic payment to settle any outstanding contracts, notwithstanding any instructions f...
Sample 1
NON-ADVISORY NATURE OF RELATIONSHIP. Unless you have a specific agreement with the Company for the provision of advisory services, you should note and accept that the Company’s relationship with you in relation to
Sample 1
NON-ADVISORY NATURE OF RELATIONSHIP. Unless the Customer has a specific agreement with RenCap Securities (Nigeria) Limited for the provision of advisory services or fund management services, the Customer should note and accept that the relationship with RenCap Securities (Nigeria) Limited in relation to the Customer’s securities and securities-related transactions is purely execution-only. Whilst the firm will exercise all due care and skill at all times in the course of carrying out capital market services on behalf of the customer, all final investment decisions are taken by the customer and not the firm. The firm merely acts in a non-advisory capacity and executes orders on behalf of the customer unless otherwise specifically stated.
Sample 1
NON-ADVISORY NATURE OF RELATIONSHIP. Unless you have a specific agreement with the Company for the provision of advisoryservices, you shouldnote andaccept that the Company’s relationship with you in relation to your securities, securities related and commodities transactions is purely as execut i o n only broker/dealer or as a counterparty to you. In either case while you are entitled to expect the Company or its employees or representatives to answer your queries, the obligation in so answering is only to be honest. Such answers should not be assumed to be backed by any prior reasonable due diligence or research or specifically suitable for reliance by yourself without you first independently confirming that the answer is intended as specific advice to and is suitable for or to your specific financial needs and objectives or your verifying the same with your independent advisers on its specific suitability for your specific financial needs and objectives. You should also note Clause A12.3 of the Company’s General Trading Agreement and ensure you understand and accept the same as a condition t o your relationship with the Company.
Sample 1
NON-ADVISORY NATURE OF RELATIONSHIP. Unless you have a specific agreement with the Company for the provision of advisory services, you should note and accept that the Company’s relationship with you in relation to your transactions is purely as execution only broker/dealer or as a counterparty to you. In either case while you are entitled to expect the Company or its employees or representatives to answer your queries, the obligation in so answering is only to be honest. Such answers should not be assumed to be backed by any prior reasonable due diligence or research or specifically suitable for reliance by yourself without you first independently confirming that the answer is intended as specific advice to and is suitable for or to your specific financial needs and objectives or your verifying the same with your independent advisers on its specific suitability for your specific financial needs and objectives. You should also note Clause A12.3 of the Company’s General Trading Agreement and ensure you understand and accept the same as a condition to your relationship with the Company.
Sample 1

Related to NON-ADVISORY NATURE OF RELATIONSHIP

  • Nature of Relationship The parties agree the relationship created by this Agreement is that of independent contractor. In performing all of the Services, Provider shall be, and at all times is, acting and performing as an independent contractor with District, and not as a partner, coventurer, agent, or employee of District, and nothing contained herein shall be construed to be inconsistent with this relationship or status. Provider is not granted any right or authority to assume or to create any obligation or responsibility, express or implied, on behalf of or in the name of District or to bind the District in any manner. Except for any materials, procedures, or subject matter agreed upon between Provider and District, Provider shall have complete control over the manner and method of performing the Services. Provider understands and agrees to independent contractor status. Provider understands and agrees that the filing and acceptance of this Agreement creates a rebuttable presumption and that the Provider, officers, agents, employees, or subcontractors of Provider are not entitled to coverage under the California Workers’ Compensation Insurance laws, Unemployment Insurance, Health Insurance, Pension Plans, or any other benefits normally offered or conveyed to District employees. Provider will be responsible for payment of all Provider employee wages, payroll taxes, employee benefits, and any amounts due for federal and state income taxes and Social Security taxes. These taxes will not be withheld from payments under this agreement.

  • Appointment; Nature of Relationship Bank One, NA is hereby appointed by each of the Lenders as its contractual representative (herein referred to as the "Agent") hereunder and under each other Loan Document, and each of the Lenders irrevocably authorizes the Agent to act as the contractual representative of such Lender with the rights and duties expressly set forth herein and in the other Loan Documents. The Agent agrees to act as such contractual representative upon the express conditions contained in this Article X. Notwithstanding the use of the defined term "Agent," it is expressly understood and agreed that the Agent shall not have any fiduciary responsibilities to any Lender by reason of this Agreement or any other Loan Document and that the Agent is merely acting as the contractual representative of the Lenders with only those duties as are expressly set forth in this Agreement and the other Loan Documents. In its capacity as the Lenders' contractual representative, the Agent (i) does not hereby assume any fiduciary duties to any of the Lenders, (ii) is a "representative" of the Lenders within the meaning of Section 9-105 of the Uniform Commercial Code and (iii) is acting as an independent contractor, the rights and duties of which are limited to those expressly set forth in this Agreement and the other Loan Documents. Each of the Lenders hereby agrees to assert no claim against the Agent on any agency theory or any other theory of liability for breach of fiduciary duty, all of which claims each Lender hereby waives.

  • INDEPENDENT RELATIONSHIP This Agreement is not intended to constitute, create, give effect to or otherwise recognize a joint venture, partnership, or formal business organization, or agency agreement of any kind, and the rights and obligations of the Parties shall be only those expressly set forth herein.

  • Nature of the Relationship Nothing in this Agreement shall be construed to create a partnership, joint venture, employment, or agency relationship. The Company is agreeing only to provide Client with access to the Program, which provides education and information. The information contained in the Program, including any interactions with the instructors, is not intended as, and shall not be understood or construed as, professional advice.

  • Termination of Relationship If Optionee terminates Continuous Status as an Employee or Consultant for any reason, Optionee may exercise this Option during the Termination Period set out in the Notice of Grant, to the extent the Option was vested at the date of such termination. To the extent that Optionee was not vested in this Option at the date on which Optionee terminates Continuous Status as an Employee or Consultant, or if Optionee does not exercise this Option within the time specified herein, the Option shall terminate.

  • Subadviser’s Relationship Notwithstanding anything herein to the contrary, Subadviser shall be an independent contractor and will have no authority to act for or represent the Trust, the Fund or Manager in any way or otherwise be deemed an agent of any of them, except to the extent expressly authorized by this Agreement or in writing by the Trust or Manager.

  • Consulting Relationship During the term of this Agreement, Consultant will provide consulting services to the Company as described on Exhibit A hereto (the “Services”). Consultant represents that Consultant is duly licensed (as applicable) and has the qualifications, the experience and the ability to properly perform the Services. Consultant shall use Consultant’s best efforts to perform the Services such that the results are satisfactory to the Company.

  • Employment Relationship Employment with the Company is for no specific period of time. Your employment with the Company will be “at will,” meaning that either you or the Company may terminate your employment at any time and for any reason, with or without cause. Any contrary representations that may have been made to you are superseded by this letter agreement. This is the full and complete agreement between you and the Company on this term. Although your job duties, title, compensation and benefits, as well as the Company’s personnel policies and procedures, may change from time to time, the “at will” nature of your employment may only be changed in an express written agreement signed by you and a duly authorized officer of the Company (other than you).

  • Commercial Relationship The Employee expressly acknowledges that the Employee’s participation in the Program and the Company’s grant of the Award does not constitute an employment relationship between the Employee and the Company. The Employee has been granted the Award as a consequence of the commercial relationship between the Company and the Company’s Subsidiary in Mexico that employs the Employee, and the Company’s Subsidiary in Mexico is the Employee’s sole employer. Based on the foregoing: (a) the Employee expressly acknowledges that the Program and the benefits derived from participation in the Program do not establish any rights between the Employee and the Subsidiary in Mexico that employs the Employee; (b) the Program and the benefits derived from participation in the Program are not part of the employment conditions and/or benefits provided by the Subsidiary in Mexico that employs the Employee; and (c) any modifications or amendments of the Program or benefits granted thereunder by the Company, or a termination of the Program by the Company, shall not constitute a change or impairment of the terms and conditions of the Employee’s employment with the Subsidiary in Mexico.

  • No Advisory Relationship YOU ACKNOWLEDGE AND AGREE THAT THE PURCHASE AND SALE OF THE WORTHY II BONDS PURSUANT TO THIS AGREEMENT IS AN ARMS-LENGTH TRANSACTION BETWEEN YOU AND WORTHY. WORTHY IS NOT AN INVESTMENT ADVISER OR BROKER/DEALER. IN CONNECTION WITH THE PURCHASE AND SALE OF THE WORTHY II BONDS, WORTHY IS NOT ACTING AS YOUR AGENT OR FIDUCIARY. WORTHY ASSUMES NO ADVISORY OR FIDUCIARY RESPONSIBILITY IN YOUR FAVOR IN CONNECTION WITH THE PURCHASE AND SALE OF THE WORTHY II BONDS. WORTHY HAS NOT PROVIDED YOU WITH ANY LEGAL, ACCOUNTING, REGULATORY, INVESTMENT OR TAX ADVICE WITH RESPECT TO THE WORTHY II BONDS. YOU HAVE CONSULTED YOUR OWN LEGAL, ACCOUNTING, REGULATORY, INVESTMENT AND/OR TAX ADVISORS TO THE EXTENT YOU HAVE DEEMED APPROPRIATE.

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