[step:Establish (ii) $\Rightarrow$ (iii) by extracting a seminorm bound from a basic neighbourhood]Assume $T$ is continuous at $0$ and fix $q \in \mathcal{Q}$. Define
\begin{align*}
V := \{y \in Y : q(y) < 1\},
\end{align*}
which is open in $Y$ in the lcs topology by definition of the topology generated by $\mathcal{Q}$, and contains $0$ since $q(0) = 0$. By continuity of $T$ at $0$, the preimage $T^{-1}(V)$ is open in $X$ and contains $0$, so it contains a basic open neighbourhood of $0$. By the definition of the lcs topology on $X$, there exist $\varepsilon > 0$, $n \in \mathbb{N}$, and $p_1, \ldots, p_n \in \mathcal{P}$ with
\begin{align*}
U := \{x \in X : p_k(x) < \varepsilon \text{ for all } 1 \le k \le n\} \subseteq T^{-1}(V).
\end{align*}
Define $p: X \to [0, \infty)$ by $p(x) = \max_{1 \le k \le n} p_k(x)$ (a seminorm, as the maximum of finitely many seminorms). Then $U = \{x : p(x) < \varepsilon\}$, and the inclusion $U \subseteq T^{-1}(V)$ states
\begin{align*}
p(x) < \varepsilon \implies q(T(x)) < 1. \tag{$\star$}
\end{align*}
We use $(\star)$ together with positive homogeneity of $T$, $p$, and $q$ to derive the global bound. Two cases.
**Case 1: $p(x) > 0$.** For any $\delta > 0$, the element $\frac{\varepsilon}{p(x) + \delta} x$ has
\begin{align*}
p\!\left(\frac{\varepsilon}{p(x) + \delta} x\right) = \frac{\varepsilon}{p(x) + \delta} p(x) < \varepsilon
\end{align*}
(the equality uses $\frac{\varepsilon}{p(x)+\delta} > 0$ and positive homogeneity of $p$; the inequality uses $p(x) < p(x) + \delta$). Applying $(\star)$ and using positive homogeneity of $q$ and linearity of $T$:
\begin{align*}
q(T(x)) = \frac{p(x) + \delta}{\varepsilon} \cdot q\!\left( T\!\left( \frac{\varepsilon}{p(x) + \delta} x \right)\right) < \frac{p(x) + \delta}{\varepsilon}.
\end{align*}
Letting $\delta \downarrow 0$, $q(T(x)) \le p(x)/\varepsilon$.
**Case 2: $p(x) = 0$.** For every $t > 0$, the scaled element $tx$ has $p(tx) = t p(x) = 0 < \varepsilon$, so $(\star)$ gives $q(T(tx)) < 1$. By linearity of $T$ and positive homogeneity of $q$, $q(T(tx)) = t q(T(x))$, so $t q(T(x)) < 1$ for every $t > 0$. Letting $t \to \infty$ forces $q(T(x)) = 0$. The bound $q(T(x)) \le p(x)/\varepsilon$ then holds with both sides equal to $0$.
In either case, with $C := 1/\varepsilon$,
\begin{align*}
q(T(x)) \le C \cdot \max_{1 \le k \le n} p_k(x) \qquad \text{for all } x \in X,
\end{align*}
which is condition (iii).[/step]