MISCELLANCEOUS. 18.1 The Client hereby expressly appoints the Company and/or its authorised person in charge of its account with the Company as his attorney and in his name and on his behalf to sign Confirmation of orders for the sale and/or purchase of Bullion. The Company and/or its authorised person in charge of his account shall do or purport to do by virtue of this Clause.
18.2 The Company is not liable for any failure or delay to meet its obligations due to any cause beyond its control which shall include but not be limited to fires, storms, acts of God, riots, strikes, look-outs, wars, governmental control, restriction or prohibition whether local or international, technical failure of any equipment, power failure, black-outs or any other causes which result or are likely to result in the erratic behavior of the Bullion prices, the closure of international and local market or any other causes affecting the operation of the Company.
18.3 All provisions of this Agreement shall not in any respect be waived, unless such waiver is in writing and signed by the authorized officer(s) of the Company.
18.4 This Agreement shall continue in full force and effect until receipt by the Company from the Client of written notice of its termination five Business Day prior to the effective date of the termination or receipt by the Client from the Company of any written notice of its termination in either event and at the Company’s election, the Company may liquidate the Client’s account as herein before provided or transfer the Client’s account to such broker or commission merchant as the Client shall designate.
18.5 If any provision hereof is or at any time should become inconsistent with any present or future law, rule or regulation of any market or of any sovereign, government or a regulatory body thereof, and of any of these bodies have jurisdiction over the subject matter of this Agreement, the said provision shall be deemed to be superseded or modified to conform to such law, rule or regulation, but in all other respects, this Agreement shall continue and remain in full force and effect.
18.6 The Client understands, acknowledges and agrees that the Company may amend or change the terms and conditions of this Agreement from time to time. The Company shall provide written notice to the Client of any such amendment or change. The Client shall be responsible for regularly reviewing the written notices from the Company for any modifications and agrees to be bound by the same.
18.7 T...
