Common use of Sole and Only Application Clause in Contracts

Sole and Only Application. The Client further declares and warrants, and authorizes USL to disclose and warrant to the Exchange or securities exchange in other jurisdiction on any application form (or otherwise) and to any other person as appropriate, that any such application made by USL as the Client’s agent is the only application made, and there is no other application intended to be made, by the Client or on the Client’s behalf, to benefit the Client or the person for whose benefit the Client is applying. The Client acknowledges and accepts that the aforesaid declaration and warranty will be relied upon by USL and by the issuer, sponsors, underwriters or placing agents of the relevant Securities, the Exchange, securities exchange in other jurisdiction or any other relevant regulator or person in respect of any application made by USL as the Client’s agent.

Sole and Only Application. The Client further declares and warrants, and authorizes USL authorises USPL to disclose and warrant to the Exchange or securities exchange in other jurisdiction on any application form (or otherwise) and to any other person as appropriate, that any such application made by USL USPL as the Client’s agent is the only application made, and there is no other application intended to be made, by the Client or on the Client’s behalf, to benefit the Client or the person for whose benefit the Client is applying. The Client acknowledges and accepts that the aforesaid declaration and warranty will be relied upon by USL USPL and by the issuer, sponsors, underwriters or placing agents of the relevant Securities, the Exchange, securities exchange in other jurisdiction or any other relevant regulator or person in respect of any application made by USL USPL as the Client’s agent.