Examples of Scotia Entities in a sentence
The Scotia Entities will treat such information pursuant to its policies and procedures designed to protect the confidentiality and security of customer information and to ensure that such information is used only in a manner that is consistent with Applicable Law.
Customer represents that it is capable of assessing the merits (on its own behalf or through independent professional advice), and understands and accepts, the terms and conditions set forth in this Agreement and any transaction it may undertake with the Scotia Entities.
Notwithstanding anything to the contrary, Customer agrees that the Scotia Entities may rely upon any authorized instructions or any notice, request, waiver, consent, receipt, or other document which the Scotia Entities reasonably believe to be genuine and transmitted by authorized persons.
With respect to Collateral, the Scotia Entities are under no obligation to vote or otherwise act in accordance with Customer’s instructions.
Customer agrees that it will provide the Scotia Entities with such information as any Scotia Entity may reasonably require to comply with applicable anti-money laundering laws or regulations.
As between Scotia Entities, Scotia shall have a first priority interest and shall have priority over other Scotia Entities as to collateral held in a Customer account at Scotia, including, for the avoidance of doubt, any Collateral recorded in a Scotia cash, margin or good faith account.
The Scotia Entities are hereby authorized to withhold Taxes from any payment in delivery made under this Agreement and remit such Taxes to the relevant taxing authorities to the extent required by Applicable Law.
Except for Excluded Taxes, if any Taxes are required to be withheld or deducted, Customer shall pay such additional amounts as necessary to ensure that the actual net amount received by the Scotia Entities is equal to the amount that the Scotia Entities would have received had no such withholding or deduction been required.
The rights provided in the Contracts with the Scotia Entities are cumulative and not exclusive of any rights provided by law.
Customer authorizes the Scotia Entities and any agent or service provider to verify and confirm any information that Customer or its agent provides, to obtain reports or other information concerning Customer’s (and its principals’) background, credit standing and business conduct.