CLSA Entity definition
Examples of CLSA Entity in a sentence
The Company shall not, without the prior written consent of CLSA Limited, effect any settlement of any pending or threatened proceeding in respect of which any CLSA Entity is or could have been a party and indemnity could have been sought hereunder by such CLSA Entity, unless such settlement includes an unconditional release of the CLSA Entities from all liability on claims that are the subject matter of such proceeding.
Notwithstanding the provisions of this Section 10, no CLSA Entity shall be required to contribute any amount in excess of the amount by which the total underwriting discounts and commissions received by CLSA Limited with respect to the offering of the ADSs exceeds the amount of any damages that such CLSA Entity has otherwise been required to pay.
The benefit of the exclusions of liability and the rights of indemnity conferred on CLSA under the Terms of Business shall also apply severally to any Affiliates, any third party providing CLSA or any CLSA Entity with all or part of the Services, or any director, officer, employee or agent of CLSA or any of its Affiliates where such third party suffers or incurs any loss or damages arising or resulting from such Services relating to your transactions under this Terms of Business.
In particular, but without limitation, the fact that a CLSA Entity permits a negative balance to arise on an account so debited shall not imply any obligation on the part of any CLSA Entity to advance monies or incur any obligation on your behalf on any subsequent occasion, but without prejudice to your obligations in respect of any negative balance which any CLSA Entity permits to arise.
Where there are inconsistencies between these Terms and any local terms of business, the local terms of business of the relevant CLSA Entity providing the Services will prevail to the extent of any inconsistency.
To the extent that the Services are carried out by a CLSA Entity not based in Australia, you acknowledge and agree that such Services will be subject to the terms of business of the relevant CLSA Entity and any local conduct of business, laws and regulations would apply.
You acknowledge that the information or advice that we may give to you may be different from information or advice given to other clients, due to a range of factors, and that such information may not be consistent with any proprietary investments made by a CLSA Entity, or our officeholders, directors, employees or agents.