Common use of Permitted Receipt Clause in Contracts

Permitted Receipt. The Customer understands that Market Data may not be received from Altruist as a Nonprofessional, and Altruist may not provide Market Data to the Customer as a Nonprofessional, unless Altruist first properly determines that the Customer qualifies as a Nonprofessional as defined above and in fact the Customer qualifies as a Nonprofessional. The Customer agrees that, as a prerequisite to Altruist qualifying the Customer as a Nonprofessional, that the Customer will provide to Altruist truthful and accurate information regarding the Customer, such as the Customer’s: occupation, employer, employment position and functions; use of Market Data; registration status with any securities agency, exchange, association, or regulatory body, or any commodities or future contract market, association, or regulatory body, whether in the United States or elsewhere; and any compensation of any kind the Customer may receive from any individual or entity for the Customer’s trading activities, asset management, or investment advice. Except as otherwise declared to Altruist in writing, by executing this Customer Agreement, the Customer certifies to meet the definition of Nonprofessional as set forth in this Customer Agreement.

Permitted Receipt. The Customer understands that Market Data may not be received from Altruist as a Nonprofessional, and Altruist may not provide Market Data to the Customer as a Nonprofessional, unless Altruist first properly determines that the Customer qualifies as a Nonprofessional as defined above and in fact the Customer qualifies as a Nonprofessional. The Customer agrees that, as a prerequisite to Altruist qualifying the Customer as a Nonprofessional, that the Customer will provide to Altruist truthful and accurate information regarding the Customer, Altruist Corp 3 such as the Customer’sCustomerʼs: occupation, employer, employment position and functions; use of Market Data; registration status with any securities agency, exchange, association, or regulatory body, or any commodities or future contract market, association, or regulatory body, whether in the United States or elsewhere; and any compensation of any kind the Customer may receive from any individual or entity for the Customer’s Customerʼs trading activities, asset management, or investment advice. Except as otherwise declared to Altruist in writing, by executing this Customer Agreement, the Customer certifies to meet the definition of Nonprofessional as set forth in this Customer Agreement.