Common use of Client Identifiers Clause in Contracts

Client Identifiers. Client acknowledges and agrees that: (i) it may require a Legal Entity Identifier to enter into certain Orders with AFEX; (ii) if notified by AFEX that a LEI is required for an Order contemplated by Client, Client will, if it has a LEI at the time of the notice, advise AFEX of its LEI promptly; or if it does not have a LEI at the time of the notice, obtain a LEI and advise AFEX of it as soon as reasonably practicable; (iii) AFEX may elect not to enter into Orders with Client if Client has not provided details of its LEI to AFEX; (iv) AFEX may, in its sole discretion, elect to accept any other form of client identifier recognized under the Reporting Requirements in lieu of a LEI; and (v) unless otherwise agreed in writing between the Parties, Client is solely responsible for obtaining and maintaining its LEI, and promptly communicating to AFEX any changes in its LEI.

Appears in 2 contracts

Samples: Part Viii – Terms and Conditions, Part Viii – Terms and Conditions

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Client Identifiers. Client acknowledges and agrees that: (i) it may require a Legal Entity Identifier to enter into certain Orders with AFEX; (ii) if notified by AFEX that a LEI is required for an Order contemplated by Client, Client will, if it has a LEI at the time of the notice, advise AFEX of its LEI promptly; or if it does not have a LEI at the time of the notice, obtain a LEI and advise AFEX of it as soon as reasonably practicable; (iii) AFEX may elect not to enter into Orders with Client if Client has not provided details of its LEI to AFEX; (iv) AFEX may, in its sole discretion, elect to accept any other form of client identifier recognized recognised under the Reporting Requirements in lieu of a LEI; and (v) unless otherwise agreed in writing between the Parties, Client is solely responsible for obtaining and maintaining its LEI, and promptly communicating to AFEX any changes in its LEI.and

Appears in 1 contract

Samples: Agreement

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Client Identifiers. Client acknowledges and agrees that: (i) it may require a Legal Entity Identifier to enter into certain Orders with AFEX; (ii) if notified by AFEX that a LEI is required for an Order contemplated by Client, Client will, if it has a LEI at the time of the notice, advise AFEX of its LEI promptly; or if it does not have a LEI at the time of the notice, obtain a LEI and advise AFEX of it as soon as reasonably practicable; (iii) AFEX may elect not to enter into Orders with Client if Client has not provided details of its LEI to AFEX; (iv) AFEX may, in its sole discretion, elect to accept any other form of client identifier recognized recognised under the Reporting Requirements in lieu of a LEI; and (v) unless otherwise agreed in writing between the Parties, Client is solely responsible for obtaining and maintaining its LEI, and promptly communicating to AFEX any changes in its LEI.

Appears in 1 contract

Samples: Part Viii – Terms and Conditions

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