Common use of Representations by Client Clause in Contracts

Representations by Client. Client represents and confirms that (a) the engagement of Monex is authorized by the governing documents relating to the Account and that terms hereof do not violate any obligations by which Client is bound, whether arising by contract, operation of law or otherwise, and, if Client is a corporation or trust, that (i) this Agreement has been duly authorized by appropriate action and when executed and delivered will be binding upon Client in accordance with its terms, (ii) Client will deliver to Adviser such evidence of such authority as Adviser may reasonably require, whether by way of a certified resolution or otherwise; (b) Client has received delivery of the Monex Brochure and the Wrap Brochure prior to execution of this Agreement and the BCP Advisory Agreement; and (c) Client is not a citizen of the United States and resides offshore.

Representations by Client. Client represents and confirms that (a) the engagement of Monex is authorized by the governing documents relating to the Account and that terms hereof do not violate any obligations by which Client is bound, whether arising by contract, operation of law or otherwise, and, if Client is a corporation or trust, that (i) this Agreement has been duly authorized by appropriate action and when executed and delivered will be binding upon Client in accordance with its terms, (ii) Client will deliver to Adviser such evidence of such authority as Adviser may reasonably require, whether by way of a certified resolution or otherwise; (b) Client has received delivery of the Monex Brochure and the Wrap Brochure prior to execution of this Agreement and the BCP Advisory Agreement; and (c) Client is a resident of California or Texas or is not a citizen of the United States and resides offshore.