Common use of CLIENT DECLARATION Clause in Contracts

CLIENT DECLARATION. The Client acknowledges and declares that: (a) the Client has been invited to read the risk disclosures statements mentioned above including the risk disclosures statements in the Client Account Agreement and the additional risk disclosure statements and the contents of the Letter of Authorization, which have been provided in Client’s language of choice (English or Chinese) and given a chance to ask questions; (b) the Client understands that the Client can take independent professional advice if the Client wishes to do so; (c) the Client has read, and is aware of and understand the Margin Terms, including the additional risk disclosure statements; (d) the risk disclosures statements mentioned in the terms and conditions of the Client Account Statement and the additional risk disclosure statements above mentioned have been explained to the Client by a licensed representative of PCSL.