Proxy Provisions. The Customer has assigned the Bank as proxy to carry out all kinds of trading transactions mentioned in this article and the order form/instruction given/to be given in connection with this article and agreements, correspondences, determining purchase and sale prices or such procedures on behalf of itself and/or appoint others when necessary; this Agreement also has the force of an attorney agreement concluded between the Bank and the Customer. The Bank is solely and exclusively the proxy of the Customer mandatorily and in terms of the relation mentioned in this article (pursuant to the Bank’s working principles). Under normal paraya çevrilmesi için kendi adına hareket eden broker’a gereken talimat ve yetkilendirmede bulunmak zorundadır. Ancak, her ne sebeple olursa olsun bunun mümkün olamadığı durumlarda Banka hem rehinli alacaklı sıfatıyla ve hem de vekil sıfatıyla, emtiayı paraya çevirmesi için Müşteri adına ilgili broker’a lüzumlu talimatları verebilir. Taraflar bu hususta gayrikabili rücu mutabık olup; Müşteri konuya ilişkin haklarından peşinen ve gayrikabili rücu feragat etmiştir.
Proxy Provisions. The Customer has assigned the Bank as proxy to carry out all kinds of trading transactions mentioned in this article and the order form/instruction given/to be given in connection with this article and agreements, correspondences, determining purchase and sale prices or such procedures on behalf of itself and/or appoint others when necessary; this Agreement also has the force of an attorney agreement concluded between the Bank and the Customer. The Bank is solely and exclusively the proxy of the Customer mandatorily and in terms of the relation mentioned in this article (pursuant to the Bank’s working principles). Under normal circumstances the Customer is required to give necessary instructions and authorizations to the broker acting on behalf of itself to convert the goods into cash in liquid market until the end of the day cash purchase and sale on account is actualized (at the end of the working hours of the relevant liquid market/generally until 17:00). However, in cases when this is impossible for any reason, the Bank may give necessary instructions to the relevant broker on the name of the Customer for converting goods into cash both as the pledged creditor and the proxy. The Parties mutually agree on this subject and the Customer has irrevocably waived in advance from his rights relevant to the subject.