Party Nominee Clause Samples
Party Nominee. We will treat instructions from your Third Party Nominee as instructions coming from you. We can assume that any such instruction has been authorised by you, unless you contact us to cancel their authorisation before the instruction is given. This means that any instruction given to us by the Third Party Nominee before you cancel their authorisation is binding on you. Even if you have a Third Party Nominee you remain responsible to comply with these terms and conditions. You agree that we can send any communications to your Third Party Nominee and this will satisfy our obligation to send it to you. However, we can still contact you directly if necessary. Provided we act reasonably (for example, if we suspect fraud or are aware of a dispute between you and your Third Party Nominee), we may at any time not accept an instruction from the Third Party Nominee. Please call us if you want to cancel your Third Party Nominee’s authorisation. Cancellation will not affect any instructions from your Third Party Nominee that we have already started processing. Your Third Party Nominee’s authorisation will end automatically if you die, or (if you are a business) your business is wound up or goes through any other insolvency or bankruptcy process. We will assume that a Third Party Nominee is authorised by you until you tell us about your removal of that consent. In certain circumstances, we may obtain information about you or disclose your personal information to your Third Party Nominee.
