Common use of NO SEPARATE AGREEMENTS Clause in Contracts

NO SEPARATE AGREEMENTS. Customer acknowledges that Customer has no separate agreement with Customer’s broker or any 10TradeFX employee or agent regarding the trading in Customer’s Account, including any agreement to guarantee profits or limit losses in Customer’s Account. Customer understands that Customer is under an obligation to notify 10TradeFX Compliance Department immediately in writing as to any agreement of this type. Further, Customer understands that any representations made by anyone concerning Customer’s Account that differ from any statements Customer receives from 10TradeFX must be brought to the attention of 10TradeFX’s Compliance Department immediately in writing. Customer understands that Customer must authorize every transaction prior to its execution unless Customer has delegated discretion to another party by signing 10TradeFX’s limited power of attorney (“LPOA”). Any disputed transactions must be brought to the attention of 10TradeFX’s Compliance Department pursuant to the notice requirements of this Agreement. Customer agrees to indemnify and hold 10TradeFX harmless from all damages or liability resulting from Customer’s failure to notify 10TradeFX’s Compliance Department within one (1) business day of any of the occurrences referred to herein. All notices required under this section shall be sent to 10TradeFX at its home office.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement

NO SEPARATE AGREEMENTS. Customer acknowledges that Customer has no separate agreement with Customer’s broker or any 10TradeFX 10tradefx employee or agent regarding the trading in Customer’s Account, including any agreement to guarantee profits or limit losses in Customer’s Account. Customer understands that Customer is under an obligation to notify 10TradeFX 10tradefx Compliance Department immediately in writing as to any agreement of this type. Further, Customer understands that any representations made by anyone concerning Customer’s Account that differ from any statements Customer receives from 10TradeFX 10tradefx must be brought to the attention of 10TradeFX10tradefx’s Compliance Department immediately in writing. Customer understands that Customer must authorize every transaction prior to its execution unless Customer has delegated discretion to another party by signing 10TradeFX10tradefx’s limited power of attorney (“LPOA”). Any disputed transactions must be brought to the attention of 10TradeFX10tradefx’s Compliance Department pursuant to the notice requirements of this Agreement. Customer agrees to indemnify and hold 10TradeFX 10tradefx harmless from all damages or liability resulting from Customer’s failure to notify 10TradeFX10tradefx’s Compliance Department within one one (1) business day of any of the occurrences referred to herein. All notices required under this section shall be sent to 10TradeFX 10tradefx at its home office.

Appears in 1 contract

Sources: Customer Agreement