Instructions and Transactions. You and Your Firm are responsible for all instructions, messages, oral communication, telex, facsimile or other communications (including bids and offers) made through the System associated with Your identity and/or the Security Procedures assigned to You (“Instructions”), and such Instructions shall be binding on You and Your Firm. You transmit Instructions to Citibank at your own risk, and agree that Citibank will not be required to acknowledge receipt of any Instruction prior to processing such Instruction. You will not have a binding Transaction with Citibank until a confirmation of acceptance of that Transaction, including executed exchange rate, is transmitted by Citibank to You. You understand and agree that Citibank will accept and work orders on a best efforts basis. Citibank, in its sole discretion, may refuse to act on any Instruction, and may from time to time restrict trading in certain financial instruments. Citibank may reject, cancel or rescind any Transaction, or amend or vary the terms of any Transaction, in each case executed through the System including but not limited to circumstances in which (1) the Transaction was executed based on erroneous rates or prices, during a period of market volatility and/or constrained liquidity, in contravention or violation of any law or regulation or in circumstances illegal or improper and/or (2) the Confirmation was generated due to System error. Any such rejection, cancellation, rescission, amendment or variation as set out in this section 6 will be communicated to You as soon as reasonably practicable and where the terms of such Transaction have been amended or varied, the confirmation reflecting such amendment or variation shall supersede previous confirmations and constitute the prevailing record of the binding Transaction. Notifications of transactions by SMS or push notification shall not constitute a confirmation. You agree, represent and warrant, as applicable, on a continuing basis that:
Instructions and Transactions. 5.1 Agents. CIF will act as Client’s agent in effecting Transactions unless CIF indicates (in the contract note for the relevant Transaction or otherwise) that CIF is acting as principal. Unless otherwise disclosed to Client orally or in writing, CIF and its directors and employees will carry out Instruction and effect transactions for the Account as agent for Client and not as principal. Unless otherwise proved to the contrary, Client acknowledges that any sale or purchase of Securities, Commodities, Futures Contracts and/or Option Contracts effected by CIF pursuant to Client’s Instruction or any Authorized Person on behalf of Client as aforesaid will not result from the selection or advice in the selection of such Securities, Commodities, Futures Contracts and/or Option Contracts by CIF.
Instructions and Transactions. 5.1 Instructions may be given orally, in writing or electronically. GTJAS shall be entitled to rely and act upon any Instruction which purports or which GTJAS believes in good faith to have been given by the Client.
Instructions and Transactions. 5.1 Each Instruction given by the Member and each Authorised User and/or Authorised System, as appropriate, shall be in accordance with this Access Agreement and also with the Membership Agreement unless expressly stated otherwise in this Access Agreement. The provision of the Underlying Services by LCH to the Member shall at all times be governed by the terms and conditions of the Membership Agreement. The Member is only permitted to enter Instructions in connection with those Transactions which it is permitted to carry out pursuant to the Membership Agreement.
Instructions and Transactions. (i) You shall comply with all Applicable Laws with respect to any Transaction which you enter into, including, but not limited to, (i) satisfying any applicable qualification and capacity requirements (such as those regarding transacting FX Transactions); and (ii) providing any supporting documents as proof of the legality of the FX Transactions and the related acts or underlying transactions, economic ground and legitimacy of the Parties involved, including the source of the funds entered or sent, prior to the closing of such FX Transaction, as prescribed under the Applicable Laws. You shall provide such supporting documents and/or settlement instructions as Citibank may deem necessary, within such time as may be determined by Citibank in its sole discretion, in order for You to comply with such Applicable Laws. Without limitation to the foregoing, and subject to the Applicable Laws, unless otherwise agreed to by Citibank, where You use the System to conduct FX Transactions, You shall, before such Transaction (in all situations no later than settlement of such transaction), have provided Citibank all satisfactory supporting documents and settlement instruction with respect to such transaction in accordance with the Applicable Law, as provided in Section 7. Where You use the System to transact any foreign exchange forward transaction, You shall provide the relevant satisfactory supporting documents and/or settlement instruction with respect to such transaction by its settlement in accordance with the Applicable Law.”
Instructions and Transactions. (i) You shall comply with all Applicable Laws with respect to any Transaction which you enter into, including, but not limited to, (i) satisfying any applicable qualification and capacity requirements (such as those regarding transacting FX Transactions); and
Instructions and Transactions. 4.1 GNS will act as the Client's agent in effecting Transactions unless GNS indicates (in the combined daily statement which includes the contract notes and receipts for the relevant Transaction or otherwise) that GNS is acting as principal.
Instructions and Transactions. 4.1 SW will act as the Client's agent in effecting Transactions unless SW indicates (in the combined daily statement which includes the contract notes and receipts for the relevant Transaction or otherwise) that SW is acting as principal.
Instructions and Transactions. 4.1 GNF will act as the Client's agent in effecting Transactions unless GNF indicates (in the periodic statement which details the relevant Transaction or otherwise) that GNF is acting as principal.
Instructions and Transactions. 44.1 Instructions may be given orally, in writing or electronically. uSMART SG shall be entitled to rely and act upon any Instruction which purports or which uSMART SG believes in good faith to have been given by the Client.
