Common use of Managers’ Obligations Clause in Contracts

Managers’ Obligations. 14.1. The manager, taking into account all of the risks of trading, engages in activities aimed at increasing the Managers Capital and Investor Funds. In the event that the Company decides that the Manager does not comply with Investor Interests, it reserves the right to inform the Customers and/or liquidate the PAMM account. 14.2. The Manager Confirms that: a. He/She self regulates every, but not limited, requirement of Foreign Exchange, tax and civil law of the jurisdiction a resident of which he/she is. b. All the personal data that was provided to the Company while obtaining the status of the Customer and the registration of the PAMM account is accurate. c. All documents that regulate trading and non-trading operations as well as these terms were carefully read and understood. d. All of the risks and implication of trading on the financial markets are defined and understood. 14.3. The Manager agrees that he/she would be obliged to autonomously settle all possible claims or complaints against him/her by investors or from the governing authorities, and under no circumstances would the Company or any of its owners or any of its representatives be involved in such a legal matter. 14.4. The Manager shall continuously monitor and manage the PAMM account. 14.5. The Manager accepts the obligations to ensure full confidentiality of access details to the myBDS Markets Client Area. All the complaints regarding an unauthorized access details to the myBDS Markets Client Area or Trading Platform will be rejected if the server logs contain information that the actual password and Login were used for this access. 14.6. Manager agrees that he has no right to: a. Affiliate himself with the Company publicly or otherwise, in contracts and agreements either verbally or in writing. b. Use the Company trademark or its logo in any documents or offer. c. Make statements, calculations or obligations on behalf of the Company on any public means of communications (such as forums, journal articles, books presentations etc). 14.7. Manager agrees that if the results of his activities the Company will be presented with any claims or demands, he is obliged to settle all financial claims at his own expense (including all balances in his trading accounts with the Company). In such cases, all requests for Withdrawal of Funds on behalf of the Manager will be blocked and they will not be executed until the full resolution of the conflict.

Appears in 2 contracts

Sources: Pamm Account Agreement, Pamm Account Agreement

Managers’ Obligations. 14.1. The manager, taking into account all of the risks of trading, engages in activities aimed at increasing the Managers Capital and Investor Funds. In the event that the Company decides that the Manager does not comply with Investor Interests, it reserves the right to inform the Customers and/or liquidate the PAMM account. 14.2. The Manager Confirms that: a. He/He/ She self regulates every, but not limited, requirement of Foreign Exchange, tax and civil law of the jurisdiction a resident of which he/she is. b. All the personal data that was provided to the Company while obtaining the status of the Customer and the registration of the PAMM account is accurate. c. All documents that regulate trading and non-trading operations as well as these terms were carefully read and understood. d. All of the risks and implication of trading on the financial markets are defined and understood. 14.3. The Manager agrees that he/she would be obliged to autonomously settle all possible claims or complaints against him/her by investors or from the governing authorities, and under no circumstances would the Company or any of its owners or any of its representatives be involved in such a legal matter. 14.4. The Manager shall continuously monitor and manage the PAMM account. 14.5. The Manager accepts the obligations to ensure full confidentiality of access details to the myBDS my BDS Markets Client Area. All the complaints regarding an unauthorized access details to the myBDS my BDS Markets Client Area or Trading Platform will be rejected if the server logs contain information that the actual password and Login were used for this access. 14.6. Manager agrees that he has no right to: a. Affiliate himself with the Company publicly or otherwise, in contracts and agreements either verbally or in writing. b. Use the Company trademark or its logo in any documents or offer. c. Make statements, calculations or obligations on behalf of the Company on any public means of communications (such as forums, journal articles, books presentations etc). 14.7. Manager agrees that if the results of his activities the Company will be presented with any claims or demands, he is obliged to settle all financial claims at his own expense (including all balances in his trading accounts with the Company). In such cases, all requests for Withdrawal of Funds on behalf of the Manager will be blocked and they will not be executed until the full resolution of the conflict.

Appears in 1 contract

Sources: Pamm Account Agreement

Managers’ Obligations. 14.115.1. The managerManager, taking into account all of the risks of trading, engages in activities aimed at increasing the Managers Capital and Investor Funds. In the event that the Company decides that the Manager does not comply with Investor Intereststhe interests of the Investor, it reserves the right to inform the Customers Client and/or liquidate the PAMM accountAccount. 14.215.2. The Manager Confirms that: a. (a) He/She self regulates every, but not limited, requirement of Foreign Exchange, tax and civil law of the jurisdiction a resident of which he/she is. b. (b) All the personal data that was provided to the Company while obtaining the status of the Customer Client and the registration of the PAMM account is accurate. c. (c) All documents that regulate trading and non-trading operations as well as these terms were carefully read and understood. d. (d) All of the risks and implication of trading on the financial markets are defined and understood. 14.315.3. The Manager agrees that he/she would be obliged to autonomously settle all possible claims or complaints against him/her by investors Investors or from the governing authorities, and under no circumstances would the Company or any of its owners or any of its representatives be involved in such a legal matter. 14.415.4. The Manager shall continuously monitor and manage the PAMM account. 14.515.5. The Manager accepts the obligations to ensure full confidentiality of access details to the myBDS Markets Client AreamySM area. All the complaints regarding an unauthorized access details to the myBDS Markets Client Area mySM area or Trading Platform will be rejected if the server logs contain information that the actual password and Login were used for this access. 14.615.6. Manager agrees that he has no right to: a. (a) Affiliate himself with the Company publicly or otherwise, in contracts and agreements either verbally or in writing. b. (b) Use the Company trademark or its logo in any documents or offer. c. (c) Make statements, calculations or obligations on behalf of the Company on any public means of communications (such as forums, journal articles, books presentations etc). 14.715.7. Manager agrees that if the results of his activities the Company will be presented with any claims or demands, he is obliged to settle all financial claims at his own expense (including all balances in his trading accounts with the Company). In such cases, all requests for Withdrawal of Funds on behalf of the Manager will be blocked and they will not be executed until the full resolution of the conflict.

Appears in 1 contract

Sources: Pamm Account Agreement

Managers’ Obligations. 14.115.1. The manager, taking into account all of the risks of trading, engages in activities aimed at increasing the Managers Capital and Investor Funds. In the event that the Company decides that the Manager does not comply with Investor Interests, it reserves the right to inform the Customers and/or liquidate the PAMM account. 14.215.2. The Manager Confirms that: a. He/She self regulates every, but not limited, requirement of Foreign Exchange, tax and civil law of the jurisdiction a resident of which he/she is. b. All the personal data that was provided to the Company while obtaining the status of the Customer and the registration of the PAMM account is accurate. c. All documents that regulate trading and non-trading operations as well as these terms were carefully read and understood. d. All of the risks and implication of trading on the financial markets are defined and understood. 14.315.3. The Manager agrees that he/she would be obliged to autonomously settle all possible claims or complaints against him/her by investors or from the governing authorities, and under no circumstances would the Company or any of its owners or any of its representatives be involved in such a legal matter. 14.415.4. The Manager shall continuously monitor and manage the PAMM account. 14.515.5. The Manager accepts the obligations to ensure full confidentiality of access details to the myBDS Markets myHotForex Client Area. All the complaints regarding an unauthorized access details to the myBDS Markets myHotForex Client Area or Trading Platform will be rejected if the server logs contain information that the actual password and Login were used for this access. 14.615.6. Manager agrees that he has no right to: a. Affiliate himself with the Company publicly or otherwise, in contracts and agreements either verbally or in writing. b. Use the Company trademark or its logo in any documents or offer. c. Make statements, calculations or obligations on behalf of the Company on any public means of communications (such as forums, journal articles, books presentations etc). 14.715.7. Manager agrees that if the results of his activities the Company will be presented with any claims or demands, he is obliged to settle all financial claims at his own expense (including all balances in his trading accounts with the Company). In such cases, all requests for Withdrawal of Funds on behalf of the Manager will be blocked and they will not be executed until the full resolution of the conflict.

Appears in 1 contract

Sources: Pamm Account Agreement