Common use of Intermediaries Clause in Contracts

Intermediaries. In the case where I am/we are intermediaries, if I am/we are aware that my/our client is acting as intermediary for its underlying client(s), and I/we do not know the identity, address, occupation and contact details of the underlying client for whom the dealing was effected, I/we confirm that:- (a) I/we have arrangements in place with my/our client which entitle me/us to obtain such information from my/our client immediately upon request or procure that it be so obtained; and (b) I/we will, upon your request in relation to any dealing, promptly request such information from my/our client on whose instructions the dealing was effected, and provide the information to the Hong Kong regulators as soon as received from my/our client or procure that it be so provided.

Appears in 5 contracts

Sources: Client Master Agreement, Client Master Agreement, Client Master Agreement

Intermediaries. In the case where I am/we are intermediaries, if I am/we are aware that my/our client is acting as intermediary for its underlying client(s), and I/we do not know the identity, address, occupation address,occupation and contact details of the underlying client for whom the dealing was effected, I/we confirm that:- (a) I/we have arrangements in place with my/our client which entitle me/us to obtain such information from my/our client immediately upon request or procure that it be so obtained; and (b) I/we will, upon your request in relation to any dealing, promptly request such information from my/our client on whose instructions the dealing was effected, and provide the information to the Hong Kong regulators as soon as received from my/our client or procure that it be so provided.

Appears in 1 contract

Sources: Client Master Agreement