Common use of Client Identifiers Clause in Contracts

Client Identifiers. The Client acknowledges and agrees that: a) a legal entity identifier (LEI) or another unique client identifier recognised under the Derivative Rules in lieu of an LEI may be required to enter into certain Transactions with Argentex; b) if notified by Argentex that an LEI is required for the Transaction(s) contemplated by the Client, the Client will: i. if it has an LEI at the time of the notice, advise Argentex of its LEI promptly; or ii. if it does not have an LEI at the time of the notice, obtain an LEI and advise Argentex of it as soon as reasonably practicable; c) Argentex may elect not to enter into Transactions with the Client if the Client has not provided details of its LEI or another unique client identifier recognised under the Derivative Rules in lieu of an LEI to Argentex; d) unless otherwise agreed between the Parties, the Client is solely responsible for obtaining and maintaining its LEI or other unique client identifier (including, without limitation, all costs, fees and ongoing information obligations in respect of the identifier).

Appears in 2 contracts

Sources: Terms and Conditions, Terms and Conditions