Representations, Warranties, and Covenants of User. User represents, warrants, and covenants to the Company that:
Representations, Warranties, and Covenants of User. User represents, warrants and covenants, as of the date of the GlobalLink Product Agreement and continuously throughout the term of the Agreement, that:(a) it is duly organized and validly existing under the Laws of the jurisdiction in which it was formed or incorporated; (b) it has full power and authority to enter into and perform its obligations under the Agreement and to make use of the GlobalLink Products; (c) the Agreement has been duly authorized, executed and delivered on its behalf by persons empowered to do so; (d) the use by User of the GlobalLink Products will not violate any Law applicable to it; (e) it possesses the sophistication, expertise and knowledge necessary to make informed decisions in respect of Transactions entered into by it or on its behalf via the GlobalLink Products, (f) it will not rely on any communications or statements, written or oral, by GlobalLink Provider or any Counterparty as investment advice or as a recommendation to enter into a Transaction, (g) it will exercise its own prudence and discretion in determining whether to engage in a Transaction or otherwise transact with any Counterparty and (h) each Transaction entered into by it using a GlobalLink Product will be a permissible transaction for it under applicable Law and its applicable constituent documents and will be the legal, valid and binding obligation of User, enforceable against User in accordance with its terms. User may only use the GlobalLink Products as agent or in another capacity for the benefit of a third party (each such third party, an “Underlying Principal”), including, for purposes of entering into transactions on behalf of such Underlying Principal, if and to the extent expressly permitted under the GlobalLink Product Agreement. Subject to the preceding sentence, if User is acting as agent or in another capacity for the benefit of an Underlying Principal, User represents, warrants and covenants that it has full authority to act as agent or in such other capacity and each Transaction entered into for an Underlying Principal using the GlobalLink Products will be the legal, valid and binding obligation of such Underlying Principal, enforceable against such Underlying Principal in accordance with its terms.
Representations, Warranties, and Covenants of User. User hereby makes the following representations, warranties and covenants to Tera, which shall be deemed repeated each time that User or its Authorized Trader accesses and uses the Services:
Representations, Warranties, and Covenants of User
