CLIENT CATEGORY Sample Clauses

The CLIENT CATEGORY clause defines the classification or type of client to which the agreement applies. This clause typically specifies whether the client is, for example, a retail customer, professional client, or eligible counterparty, and may outline the criteria or regulatory status required for each category. By clearly identifying the client category, the clause ensures that the appropriate legal protections, obligations, and disclosures are applied, thereby promoting compliance and reducing the risk of misunderstandings or regulatory breaches.
CLIENT CATEGORY. For the purposes of the Law, the Bank considers the Client to be a “Retail Client”. Retail Clients’ interests are protected by the broadest possible application of the legislative and regulatory framework to the Clients’ relationship with the Bank. In the event that the Client wishes to waive some of the said protection rights and be treated as a “Professional Client”, either in general or for one or more investment and/or ancillary services, the Client must request this of the Bank in writing, and such waiver shall apply provided that the relevant criteria apply and the process described in Section II of Annex II of the Law, as currently applicable, is followed, and under the condition that it is accepted by the Bank in accordance with legislation and the Policy on Customer Classification developed and applied by the Bank. The Bank’s right to accept the request for waiver from the protection of interests provided through change in Client category is exercised at the Bank’s sole discretion.
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Related to CLIENT CATEGORY

  • Client Categorisation 4.1. The client understands and accepts that each category of Clients has its individual level of regulative protection acknowledging that Retail Clients have the highest level of protection whereas Professional Clients and Eligible Counterparties are considered to be more experienced, informed, skilled and able to estimate their risk, therefore are provided with a lower level of protection. 4.2. The Company will treat the Client as a Retail Client, Professional Client or Eligible Counterparty, depending on how the Client completes the Application Form and according to the method of categorisation as this method is explained under the title “Client Categorisation” (Appendix II), and by accepting this Agreement the Client accepts application of such method. 4.3. The Client accepts that when categorising the Client and dealing with him, the Company will rely on the accuracy, completeness and correctness of the information provided by the Client in his Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes. 4.4. The Company has the right to review the Client’s Categorisation and change his Categorisation if this is deemed necessary (subject to Applicable Laws).

  • Employment Categories (a) Employees under this Agreement will be employed in one of the following categories: (i) full-time; (ii) part time; or (iii) casual. (b) At the time of engagement an employer will inform each employee whether they are employed on a full-time, part time or casual basis. An employer may direct an employee to carry out such duties that are within the limits of the employee’s skill, competence and training, consistent with the respective classification.

  • Employee Categories All employees fall into one or the other of four principal categories as outlined below.

  • Criminal History Category With regard to determining defendant’s criminal history points and criminal history category, based on the facts now known to the government, defendant’s criminal history points equal zero and defendant’s criminal history category is I.

  • Minimum Customer Support Requirements for TIPS Sales Vendor shall provide timely and commercially reasonable support for TIPS Sales or as agreed to in the applicable Supplemental Agreement.