Common use of U.S. Persons Clause in Contracts

U.S. Persons. 7.1 For administrative and regulatory compliance reasons, we do not accept as clients persons who are US Persons. By agreeing to be bound by these Terms, you confirm that you are not a US Person for these purposes, and agree to notify us promptly in the event that you become a US Person or will become one or reasonably expect to become one in future. 7.2 We reserve the right to terminate our agreement with you in accordance with clause 15 in the event you notify us or we otherwise become aware that you are or are likely in future to become a US Person.

U.S. Persons. 7.1 For administrative and regulatory compliance reasons, we do not accept as clients persons clientspersons who are US Persons. By agreeing to be bound by these Terms, you confirm that you are not a US Person for these purposes, and agree to notify us promptly in the event that you become a US Person or will become one or reasonably expect to become one in onein future. 7.2 We reserve the right to terminate our agreement with you in accordance with clause 15 in the event you notify us or we otherwise become aware that you are or are likely in future to become a US Person.