Common use of Account Documentation Clause in Contracts

Account Documentation. Applicable laws and regulations require that FSWC must have proper documentation to support any account opened on its books. If, after reasonable requests therefor, the necessary documents to enable FSWC to comply with such account documentation requirements of the laws and regulations have not been received by FSWC, CLA Y shall receive notification that no further orders will be accepted for the Account involved. This Agreement is not in any way intended to limit the responsibility of FSWC under the laws and regulations with respect to Accounts.

Account Documentation. Applicable laws and regulations require that FSWC must have proper documentation to support any account opened on its books. If, after reasonable requests therefor, the necessary documents to enable FSWC to comply with such account documentation requirements of the laws and regulations have not been received by FSWC, CLA Y ALEX shall receive notification that no further orders will be accepted for the Account involved. This Agreement is not in any way intended to limit the responsibility of FSWC under the laws and regulations with respect to Accounts.