Common use of Client Representative Clause in Contracts

Client Representative. Client shall designate one or more persons who shall be authorized and directed to receive services hereunder and to make all hedging and merchandising and purchasing and sales decisions for Client. All directions, transactions and authorizations given by such representative to FCStone shall be binding upon Client. FCStone shall be entitled to rely on the authorization of such persons until it receives written notification from Client that such authorization has been revoked.

Appears in 2 contracts

Sources: Risk Management Contract (First United Ethanol LLC), Risk Management Contract (Lake Area Corn Processors LLC)