Common use of Giving of Instructions Clause in Contracts

Giving of Instructions. You shall be entitled to refuse to accept our application to utilize your online trading service without giving any reason therefor. However, if you accept our application, We may give Instructions by electronic means in such manner as may be prescribed by you and you are authorized, but are not obliged, to accept and act upon Instructions given through your online trading service in connection with any Securities transactions or for transfer of funds to or from the Account, or any purpose in connection with this Agreement. Any Instructions given in connection with the Account, for this Agreement through use of the online trading service shall be deemed to be proper, valid and binding Instructions from us if given by any ONE person quoting or inputting the user name of the Account and the password assigned by you or otherwise selected by us and accepted by you for the purpose of the online trading service.

Appears in 2 contracts

Sources: Account Opening Agreement, Account Opening Agreement