Authorised Persons Clause Samples
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Authorised Persons. The persons designated in Schedule 1 are the only ones authorised to transmit Orders or to enter into Transactions, as the case may be, pursuant to the powers referred to in Schedule 1. The Client agrees to immediately inform the Bank of any event likely to affect the delegations of power of the persons designated in Schedule 1 as well as any modification of the list of persons authorised to represent the Client. Any Order received by the Bank and transmitted by one of the authorised persons is deemed to have been placed by the Client. Similarly, any Transaction entered into with the Bank by one of the authorised persons is deemed to have been entered into by the Client. Consequently, the Client is expressly invited not to communicate to third parties, other than persons acting on its behalf, any identification details attributed to them. The Client shall discharge the Bank of any liability in case of abusive or fraudulent use by a third party of identification details that would have been attributed thereto.
Authorised Persons. At the time of registration, you are required to supply us with the name and contact details of all personnel within your business whom have authority to act on your behalf in connection with our Services. Such personnel will become Authorised Persons when they have been accepted as Authorised Persons by us.
Authorised Persons. If § 3.4 (Authorised Persons) is specified as applying to a Party in the Election Sheet, Individual Contracts may be negotiated, confirmed and signed on behalf of that Party exclusively by those persons listed by it for such purposes as may be specified in an Annex to this General Agreement. Each Party may unilaterally amend and supplement in writing the list of persons currently authorised to act on its behalf at any time. Such amendments and supplements shall become effective upon their receipt by the other Party.
Authorised Persons. 7.1 You require at least one Authorised Person to provide us with Orders and otherwise communicate with us on your behalf. You must provide us with the names and contact details of all of your Authorised Persons. You can add and remove Authorised Persons by having an Authorised Person call or email us.
7.2 The following persons will automatically be deemed to be an Authorised Person upon your acceptance of these Terms:
(a) the person who accepts these Terms on your behalf; and
(b) you, if you are a sole trader.
7.3 An Authorised Person must notify us immediately when you no longer want one of your Authorised Persons to be able to place Orders and communicate with us on your behalf. We will accept no liability for acting on the instructions of an Authorised Person where you no longer wanted them to place Orders and otherwise communicate with us on your behalf and you did not tell us this.
Authorised Persons. [ ] § 3.4 shall apply to Party A and shall be as designated in Annex
Authorised Persons. You may, by written notice, change the persons who are authorised to give us instructions on your behalf. This can include an Introducing Broker, but we will require an authorisation by you under a power of attorney or other permissible evidence of authority granting such Introducing Broker the right to trade on your Account. You agree to produce the original of any such power of attorney or other permissible evidence of authority to us on request (or a copy that has been certified as a true copy in a manner acceptable to us). We are not bound to act according to any such variation until we receive written notice and agree to such requested change. We may act upon the orders or instructions of any Authorised Person, or any person who appears to us to be an Authorised Person, despite the fact that the person may not be authorised. We are under no obligation to verify the authority of any person who purports to be authorised by you in connection with this Agreement.
Authorised Persons. The Customer will provide KVB with a list of those persons the Customer has authorised to enter into, settle FX Transactions and sign confirmations on their behalf, and Customer shall bear the full responsibility for ensuring such list is always accurate and up-to-date.
Authorised Persons. 8.1 If you have formally selected a person(s) to act for you, then subject to any specific limitations that we agree when you notify us of that appointment of that person, the authorised persons may give any Instructions for you and may otherwise enter into transactions with us for you, including:
(a) entering into agreements with us for the provision of further products or services which they consider to be in your interests;
(b) giving us Instructions and setting up security procedures for giving Instructions in connection with services and products;
(c) changing the authorised persons at any time by giving us an Instruction; and
(d) receiving and providing us with information relevant to you or your Account.
8.2 We may act on Instructions given by authorised persons and may disclose Account balances and any other details about your Accounts to them.
8.3 You alone will be responsible for:
(a) Instructions given by a person you have told us is authorised to give Instructions for you; and
(b) the manner in which an authorised person uses your Account. Section A
8.4 We can continue to act on Instructions from an authorised person until we receive an Instruction from you or receive other confirmation that we can rely on that they are no longer authorised. If one or more authorised person dies, loses their legal capacity or renounces the powers granted to them, we will assume the remaining authorised persons continue to be authorised unless you tell us otherwise in writing.
Authorised Persons. For the purposes of this Agreement, persons may only be authorised in accordance with clause 27.1
(a) in the following circumstances:
(a) Company
(b) Trustee
(c) Partnership
Authorised Persons. Transactions may be concluded between the authorised traders of the Parties. In the absence of prior notice to the contrary, each Party acknolwedges and represents to the other that each of its employees purporting to represent, negotiate and enter into one or more binding Transaction on such Party’s behalf shall be deemed to be an authorised trader of that Party.