Common use of CLIENT FUNDS Clause in Contracts

CLIENT FUNDS. 20.3.1. Client represents and warrants that: 20.3.1.1. Client is acting as a principal (any third-party activity is prohibited unless it is reviewed and specifically approved by Corpay in writing) and 20.3.1.2. Client has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law. 20.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.

CLIENT FUNDS. 20.3.119.3.1. Client represents and warrants that: 20.3.1.119.3.1.1. Client it is acting as a principal (any third-party activity is prohibited unless it is must be reviewed and specifically approved in advance in writing by Corpay in writingCambridge) and 20.3.1.219.3.1.2. Client has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law. 20.3.219.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.

CLIENT FUNDS. 20.3.119.3.1. Client represents and warrants that: 20.3.1.119.3.1.1. Client it is acting as a principal (any third-party activity is prohibited unless it is must be reviewed and specifically approved in advance in writing by Corpay in writingCorpay) and 20.3.1.219.3.1.2. Client has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law. 20.3.219.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.

CLIENT FUNDS. 20.3.119.3.1. Client represents and warrants that: 20.3.1.119.3.1.1. Client is acting as a principal (any third-party activity is prohibited unless it is reviewed and specifically approved by Corpay in writing) and 20.3.1.219.3.1.2. Client has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law. 20.3.219.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.

CLIENT FUNDS. 20.3.119.3.1. Client represents and warrants that: 20.3.1.119.3.1.1. Client it is acting as a principal (any third-third- party activity is prohibited unless it is must be reviewed and specifically approved in advance in writing by Corpay in writingCambridge) and 20.3.1.219.3.1.2. Client has legal title to all funds used in connection with the Orders, and that any Order is being undertaken in accordance with applicable law. 20.3.219.3.2. Client further represents and warrants that each use of the Services by Client is for the sole purpose of hedging or mitigating commercial risk exercised in connection with Client’s line of business.