Common use of Third Party Authorisation Clause in Contracts

Third Party Authorisation. 10.1. The Client is entitled to provide the Company with a power of attorney, granting authority to a third party "Representative," to act on their behalf in all business relationships with the Company as defined in this Agreement. The power of attorney must be submitted to the Company, accompanied by all necessary identification documents of the representative and any other requested documentation. If no expiration date is specified, the power of attorney will be considered valid until terminated in writing by the Client. 10.2. The Client acknowledges and accepts full responsibility and liability for all instructions provided to the Company by the Representative (including any resulting transactions) and agrees to indemnify (fully compensate or reimburse) the Company and hold it harmless from any loss, damage, or expense incurred as a result of acting on such instructions. This indemnity applies regardless of the circumstances leading to the loss, damage, or expense and irrespective of the Company's knowledge, actions, or omissions concerning any other account held by any other individual or entity with the Company. 10.3. The Client further agrees to indemnify the Company (fully compensate and reimburse) for any loss, damage, or expense incurred as a result of the Company acting on instructions from the Representative beyond the scope of their authority or due to the Representative's violation of any term of their appointment.

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Third Party Authorisation. 10.114.1. The Client is entitled has the right to provide the Company with use a power of attorney, granting authority attorney to authorise a third party person "Representative," to act on their behalf of the Client in all business relationships with the Company Company, as defined in this Agreement. The power of attorney must should be submitted provided to the Company, accompanied by all necessary identification documents of the representative and representative, and/or any other documentation requested documentationby the Company. If there is no expiration date is specifiedexpiry date, the power of attorney will be considered valid until terminated in writing written termination is received by and from the Client. 10.214.2. The Client acknowledges further ratifies and accepts full responsibility and liability for all instructions provided given to the Company by the Representative (including any resulting transactionsand for all transactions that may be entered into as a result) and agrees to will indemnify (fully compensate or and reimburse) the Company and hold it harmless from keep the Company indemnified against any loss, damage, damage or expense incurred as a result of acting on such instructions. This indemnity applies regardless shall be effective irrespective of the circumstances leading giving rise to the such loss, damagedamage or expense, or expense and irrespective of the Company's any knowledge, actions, acts or omissions concerning of the Company in relation to any other account Account held by any other individual person or entity body with the Company. 10.314.3. The Client further agrees to further indemnify the Company (fully compensate and reimburse) for any loss, damage, damage or expense incurred as a result of the Company acting on instructions from of the Representative beyond outside the scope of their the Representative’s authority or due to the Representative's violation ’s breach of any term of their appointment.

Appears in 1 contract

Samples: Client Services Agreement

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