GNS definition
Examples of GNS in a sentence
The Client may sustain losses in excess of the Client's cash and any other assets deposited as collateral with GNS.
The Client agrees to pay for the costs and expenses of collection of the overdue balances and any unpaid deficiency in the Account(s), including without limited to attorney’s fees, court costs and any other costs incurred or paid by GNS.
GNS should explain to the Client the purposes for which one of these authorities is to be used.
All Transactions and other information therein contained will be binding on the Client unless GNS receives the Client’s notice of objection in writing within seven (7) days after the Client receives or deemed to have received them.
All actions taken by GNS in accordance with such laws, rules, regulatory directives, bye-laws, customs and usages will be binding on the Client.
Client assets received or held by GNS outside Hong Kong are subject to the applicable laws and regulations of the relevant overseas jurisdiction which may be different from the SFO and the rules made thereunder.
Moreover, GNS shall not be held responsible for any consequences resulting whether directly or indirectly from any uncontrollable events including without limitation government restrictions, imposition of emergency procedures, exchange ruling, third party conduct, suspension of trading, breakdown or collapse of communication facilities, war, strike, market conditions, civil order, acts or threatened acts of terrorism, natural disasters, or any other circumstances beyond GNS’s control whatsoever.
In addition to Part 2A of this Agreement, this Part 2B sets out the terms and conditions to which the Client shall be further subject upon the Client opening a margin Account with GNS in relation to Transactions carried out in connection therewith and the Client shall in this Part 2B be referred to as Margin Client.
GNS may act on such Instructions given orally, in writing or electronically which purport, and which GNS reasonably believes to come from the Client or the Client’s Authorized Person(s) or to have been given on behalf of the Client.
GNS will not be responsible for any losses that arise from the Client’s failures, delay or negligence to check such sources or facilities.