Common use of Client’s acknowledgments Clause in Contracts

Client’s acknowledgments. 11.1. By signing the Agreement, the Client acknowledges that: 11.1.1. he/she is aware of that potential yield of the Financial Instrument is proportional to the investment risk, accordingly, the higher is the yield of the Financial Instrument, the greater is the risk of losses stemming from transactions with the Financial Instruments; 11.1.2. all Manager’s actions taken within and on the basis of the Terms and Conditions correspond to the Client’s intentions and actions which the Client himself/herself would undertake for his/her own benefit; 11.1.3. he/she realises that the Manager does not warrant the return of the Assets to the Client, completely or partially, in case of its loss as a result of adverse market conditions, provided the Manager has acted in accordance with the provisions of the Terms and Conditions; 11.1.4. he/she is able to bear all risks that may arise pertaining to investments and has sufficient material and/or financial resources to survive investment losses, including the loss of all Assets under the Management; 11.1.5. he/she has carefully read, understood, and accepts all terms of the Terms and Conditions, the text and legal consequences of which are clear to the Client. Respectively, the Client undertakes to observe the provisions of the Terms and Conditions; 11.1.6. he/she acknowledges all powers of attorney and warranties given by the Client to the Manager under the Terms and Conditions; 11.1.7. he/she acknowledges that he/she is responsible for completeness and authenticity of the information submitted to the Manager; 11.1.8. he/she has familiarized himself and agrees to the remuneration for the Management, the Client’s Order delivery rules and the Client Identification procedure, as well as other procedures adopted by the Manager; 11.1.9. he/she is aware of the fact that possible financing which may be stipulated by the Investment Declaration is a high-risk investment method and that he/she may sustain substantial losses due to significant price fluctuations of the pledged Financial Instruments; 11.1.10. he/she has familiarized himself/herself and agrees with the ffxcerpt from JSC “Rietumu Asset Management” IMC Deal ffxecution Policy and the ffxcerpt from JSC “Rietumu Asset Management” IMC Policy on Management of Conflicts of Interests; 11.1.11. he/she has read and agree with the Terms and Conditions.

Appears in 2 contracts

Sources: Client’s Financial Instruments Portfolio Individual Management Agreement, Client’s Financial Instruments Portfolio Individual Management Agreement

Client’s acknowledgments. 11.1. By signing the Agreement, the Client acknowledges that: 11.1.1. he/she is aware of that potential yield of the Financial Instrument is proportional to the investment risk, accordingly, the higher is the yield of the Financial Instrument, the greater is the risk of losses stemming from transactions with the Financial Instruments; 11.1.2. all Manager’s actions taken within and on the basis of the Terms and Conditions correspond to the Client’s intentions and actions which the Client himself/herself would undertake for his/her own benefit; 11.1.3. he/she realises that the Manager does not warrant the return of the Assets to the Client, completely or partially, in case of its loss as a result of adverse market conditions, provided the Manager has acted in accordance with the provisions of the Terms and Conditions; 11.1.4. he/she is able to bear all risks that may arise pertaining to investments and has sufficient material and/or financial resources to survive investment losses, including the loss of all Assets under the Management; 11.1.5. he/she has carefully read, understood, and accepts all terms of the Terms and Conditions, the text and legal consequences of which are clear to the Client. Respectively, the Client undertakes to observe the provisions of the Terms and Conditions; 11.1.6. he/she acknowledges all powers of attorney and warranties given by the Client to the Manager under the Terms and Conditions; 11.1.7. he/she acknowledges that he/she is responsible for completeness and authenticity of the information submitted to the Manager; 11.1.8. he/she has familiarized himself and agrees to the remuneration for the Management, the Client’s Order delivery rules and the Client Identification procedure, as well as other procedures adopted by the Manager; 11.1.9. he/she is aware of the fact that possible financing which may be stipulated by the Investment Declaration is a high-risk investment method and that he/she may sustain substantial losses due to significant price fluctuations of the pledged Financial Instruments; 11.1.10. he/she has familiarized himself/herself and agrees with the ffxcerpt Excerpt from JSC “Rietumu Asset Management” IMC Deal ffxecution Execution Policy and the ffxcerpt Excerpt from JSC “Rietumu Asset Management” IMC Policy on Management of Conflicts of Interests; 11.1.11. he/she has read and agree with the Terms and Conditions.

Appears in 2 contracts

Sources: Client’s Financial Instruments Portfolio Individual Management Agreement, Client’s Financial Instruments Portfolio Individual Management Agreement