Common use of The Relationship Clause in Contracts

The Relationship. 2.1. These Terms set out the basis on which We accept Applications from You and govern the provision and use of the Services. These Terms supersede any previously issued terms of business between Us and You. 2.2. We will only accept Applications if You are authorised by the appropriate regulator (or validly appointed as an Appointed Representative of a firm so authorised) and hold all other relevant consents, permissions, registrations or licences for the purpose of carrying out Your business in accordance with these Terms. 2.3. We reserve the right at Our sole discretion to decline all or any Applications and We are not required to give a reason for doing so. 2.4. We may be required to report to the FCA and/or the PRA the basis on which business is conducted between You and the Client. You acknowledge and accept that We will treat business as being conducted on an “advised” basis unless You tell Us otherwise when You submit the Application. 2.5. You are not and may not purport or hold yourself out to be Our agent unless specifically authorised in writing by Us. 2.6. You are presumed to act on behalf of the Client throughout Your relationship with Us, as governed by these Terms, unless and until such time as We are advised otherwise.

The Relationship. 2.1. These Terms set out the basis on which We accept Applications from You and govern the provision and use of the Services. These Terms supersede any previously issued terms of business between Us and You. 2.2. We will only accept Applications if You are authorised by the appropriate regulator (or validly appointed as an Appointed Representative of a firm so authorised) and hold all other relevant consents, permissions, registrations or licences for the purpose of carrying out Your business in accordance with these withthese Terms. 2.3. We reserve the right at Our sole discretion to decline all or any Applications and We are not required to give a reason for doing so. 2.4. We may be required to report to the FCA and/or the PRA the basis on which business is conducted between You and the Client. You acknowledge and accept that We will treat business as being conducted on an “advised” basis unless You tell Us otherwise when You submit the Application. 2.5. You are not and may not purport or hold yourself out to be Our agent unless specifically authorised in writing by writingby Us. 2.6. You are presumed to act on behalf of the Client throughout Your relationship with Us, as governed by these Terms, unless and until such time as We are advised otherwise.