Common use of CLIENT STATUS Clause in Contracts

CLIENT STATUS. 2.1 This Agreement sets out the Terms and Conditions of Service that apply to Business Clients only. 2.2 In agreeing to be bound by the Business Terms and Conditions of Service contained in this Agreement, the Client: 2.2.1 represents and warrants that it is not a Consumer, Micro-Enterprise or Charity; 2.2.2 agrees that those Payment Services Regulations which may be disapplied by GCEN where the payment service user is not a Consumer, Micro-Enterprise or Charity are all so disapplied to the maximum extent possible with respect to the Client; and 2.2.3 agrees to notify GCEN immediately if it becomes or is likely to become a Consumer, Micro-Enterprise or Charity.