WARRANTIES AND UNDERTAKINGS. 11.1 The Client hereby undertakes, represents and warrants on a continuing basis that:
(a) the information given by the Client, or on the Client’s behalf, to The Broker in the Client Information Statement or otherwise in connection with the opening of any Account is true, full and complete and The Broker shall be entitled to rely on such information until The Broker receives written notice from the Client of any changes thereto;
(b) it has the authority and capacity to enter into and execute this Agreement and no one except the Client (unless otherwise disclosed to The Broker pursuant to Clause 13) has an interest in the Account(s);
(c) save as disclosed by the Client to The Broker pursuant to Clause 13 with the consent given by The Broker:
(i) the Client enters this Agreement as a principal and is trading on its own account and does not do so as nominee or trustee for any other person and there exist no arrangements whereby any person other than the person(s) signing this Agreements as the Client has or will have any beneficial interest in this Agreement; and
(ii) the Client is the ultimate beneficiary of the Account and the person ultimately responsible for originating instruction about Transactions;
(d) this Agreement and its performance and the obligations contained in it do not and will not contravene any applicable laws and regulations, contravene any provisions of the memorandum and articles or bye-laws (for corporate client), or constitute a breach or default under any agreement or arrangement by the Client is bound;
(e) subject to any security interest of any TOPPER DRAGON Company and the information disclosed to The Broker, all properties including but not limited to securities provided by the Client for selling or crediting into the Account(s) are fully paid with valid and good title and whose legal and beneficial titles are owned by the Client and the Client will not charge, pledge or allow to subsist any charge or pledge or grant any option over such properties without The Broker’s prior consent;
(f) the Client has received, read and understood the contents of the Risk Disclosure Statement and the Client has sufficient experience to assess the suitability of the Transactions contemplated under this Agreement;
(g) where the Client or any one of them is a body corporate (in respect of such person):
(i) it is a corporation duly organized and is validly existing under the laws of the country of its incorporation and in every other country where it...
