Professional Client Clause Samples
The 'Professional Client' clause defines a category of client that possesses the experience, knowledge, and expertise to make their own investment decisions and properly assess the risks involved. In practice, this clause typically applies to institutional investors, large companies, or individuals who meet specific regulatory criteria, such as having a certain level of assets or trading experience. Its core function is to allow the service provider to offer a different level of regulatory protection and disclosure, as professional clients are presumed to require less protection than retail clients, thereby streamlining compliance and risk management.
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Professional Client. Professional client category is further sub-categorised into Professional Per Se clients and Elective Professional Clients.
Professional Client. Per Se Professional Client: Certain clients automatically fall within the definition of Professional Clients (“per se” Professional Clients). These are: • All the categories of per se Eligible Counterparties; • Other institutional investors (either authorised or regulated); • Large undertakings meeting two of the following criteria: o Balance sheet total: EURO 20m o Net turnover: EURO 40m o Own funds: EURO 2m • Regional governments, international institutions; • Other institutional investors whose main activity is to invest in financial instruments, including entities dedicated to the securitisation of assets or financial transactions; • Clients who do not qualify as per se Professional Clients, such as small companies and individual investors may be treated as Professional Clients if they so request, provided they meet certain criteria relating to experience, expertise and wealth.
Professional Client. If you fall within one of the following categories below, we shall classify you as a Per se Professional Client.
(a) an entity required to be authorised or regulated to operate in the financial markets whether in the EEA or any other country
(b) a large undertaking meeting two of the following size requirements on a company basis:
(i) balance sheet total of EUR 20,000,000;
(ii) net turnover of EUR 40,000,000;
Professional Client. The Borrower is a “Professional Client” as defined in the Dubai Financial Services Authority (DFSA) Conduct of Business Module (COB) Rules and the Borrower has read and understood the Professional Client Treatment Notice as set out in Schedule 1 to this Agreement ( the “Professional Client Treatment Notice”) and agrees to the Professional Client Treatment Notice. For the purpose of this Article 4.5, “we” in the Professional Client Treatment Notice shall mean the Lender, ” you” shall mean the Borrower and “our” and “your” shall be construed accordingly.
Professional Client. 2.1. Given the extremely specific nature of the Products, BC Consulting only sells its Products B2B to professional vehicle tuners who are sufficiently trained, educated and skilled in the tuning of a vehicle and who can tune a vehicle without extra information, education or assistance from any third party.
2.2. By ordering or buying Products of BC Consulting the client confirms that he or she is a professional car tuner with an extensive knowledge and education with regard to the tuning of a vehicle.
Professional Client the Client who has sufficient knowledge, skills and expertise to make sound investment decisions independently, can properly assess the associated risks and meet the criteria set for professional clients as specified in the Law on Financial Instrument Markets of the Republic of Lithuania. The Bank shall not assess whether a decision made by a Professional Client is appropriate for him, i.e. whether the Client has sufficient knowledge and experience to evaluate the risks assumed.
Professional Client. Professional Client as referred to in applicable legislation (implemented and in force in accordance with ▇▇▇▇▇ ▇▇);
Professional Client. The sale of any part of any LBI Distribution by the Company pursuant to Clause 20 of the Common Terms shall be performed on the basis that each Consenting Beneficiary is a “professional client” and following such categorisation processes as are required under the rules of the FSA. Each Consenting Beneficiary acknowledges and agrees that it will keep the Company informed of any change that could affect its categorisation pursuant to the FSA Rules.
Professional Client. If the classification awarded is that of Professional Client, the brokerage service will be regulated exclusively by this Agreement.
Professional Client. It is a “professional client” as such term is defined in Directive 2014/65/EU on markets in financial instruments.