Common use of Capacity Instructions and Transactions Clause in Contracts

Capacity Instructions and Transactions. 5.1 Capacity and Affiliation: uSMART SG will act as the Client’s agent on an execution-only basis in effecting Transactions unless uSMART SG indicates (in the contract note, statement and/or other trade- related documents for the relevant Transaction or otherwise) that uSMART SG is acting as principal.

Appears in 2 contracts

Sources: Client Agreement, Client Agreement