Common use of Additional Agreements of Customer Clause in Contracts

Additional Agreements of Customer. Customer acknowledges and agrees with ▇▇▇▇▇ Fargo that: (a) WFS’ Responsibility. WFS is not acting, with respect to the services and the Derivatives contemplated herein, as a fiduciary, foundation manager, commodity pool operator, commodity trading advisor, investment advisor, tax advisor, accounting advisor or other type of advisor to Customer, Customer’s Advisor, Customer’s named fiduciary 8/2014 Futures and Cleared Swaps Agreement 3 or for any Account of Customer. Customer will not and will ensure its Advisor, named fiduciary and other representatives do not rely on any information provided by WFS or its affiliates as advice or a recommendation to buy, hold, sell or off-set any Derivative in connection with any transaction executed, carried or cleared for Customer’s Account. WFS shall not be responsible for compliance with any law or regulation governing the conduct of fiduciaries, foundation managers, commodity pool operators, commodity trading advisors, investment advisors, tax advisors, accounting advisors or other types of advisors or fiduciaries or for Customer’s compliance with any Applicable Law governing or affecting Customer’s trading or activities under this Agreement. Customer and Customer’s Advisor are the sole parties responsible for all investment, strategy, trading, and order-routing decisions for the Account and for compliance with any applicable restrictions on such trading. Customer is responsible, with the assistance of its Advisor (if applicable), for evaluating and understanding and has, evaluated and understands the risks associated with transacting, clearing and/or margining Derivatives on each Exchange or Clearing Organization on or through which Customer or Advisor, on Customer’s behalf, has elected to trade or clear.

Appears in 1 contract

Sources: Futures and Cleared Swaps Agreement (Managed Futures Premier Warrington L.P.)

Additional Agreements of Customer. Customer acknowledges and agrees with ▇▇▇▇▇ Fargo that: (a) WFS’ Responsibility. WFS is not acting, with respect to the services and the Derivatives contemplated herein, as a fiduciary, foundation manager, commodity pool operator, commodity trading advisor, investment advisor, tax advisor, accounting advisor or other type of advisor to Customer, Customer’s Advisor, Customer’s named fiduciary 8/2014 Futures and Cleared Swaps Agreement 3 or for any Account of Customer. Customer will not and will ensure its Advisor, named fiduciary and other representatives do not rely on any information provided by WFS or its affiliates as advice or a recommendation to buy, hold, sell or off-set any Derivative in connection with any transaction executed, carried or cleared for Customer’s Account. WFS shall not be responsible for compliance with any law or regulation governing the conduct of fiduciaries, foundation managers, commodity pool operators, commodity trading advisors, investment advisors, tax advisors, accounting advisors or other types of advisors or fiduciaries or for Customer’s compliance with any Applicable Law governing or affecting Customer’s trading or activities under this Agreement. Customer and Customer’s Advisor are the sole parties responsible for all investment, strategy, trading, and order-routing decisions for the Account and for compliance with any applicable restrictions on such trading. Customer is responsible, with the assistance of its Advisor (if applicable), for evaluating and understanding and has, evaluated and understands the risks associated with transacting, clearing and/or margining Derivatives on each Exchange or Clearing Organization on or through which Customer or Advisor, on Customer’s behalf, has elected to trade or clear.

Appears in 1 contract

Sources: Futures and Cleared Swaps Agreement (United States Commodity Index Funds Trust)