Common use of Access to and Use of the Service Clause in Contracts

Access to and Use of the Service. 2.1 HBZ shall grant the Client a non-exclusive, non-transferable personal right to access and use the Service to trade Securities . 2.2 The Client acknowledges and accepts that the Service may not be available at certain times. In particular, there may be a daily downtime period (as advised on the Service) when access to the Service will not be possible. HBZ may also periodically shut down the Service and interrupt any functions on account of system and software maintenance; market holidays; and any other event that requires or necessitates suspension of the Service. HBZ reserves the right to withdraw or suspend the right to access and/or use of the Service and/or the Software (or any part of them) at any time without prior notice or obtaining any consent and without assigning any reason for that action. 2.3 The Client shall be responsible for the confidentiality and use of the Access Codes that are provided by HBZ or which the Client may set in relation to the Service. If the Client becomes aware of any loss, theft or unauthorized use of the Access Codes, the Client must notify HBZ immediately. 2.4 The Client accepts all risk and liability for any unauthorized Instructions or fraud in relation to the Access Codes and undertakes to indemnify HBZ on demand against all loss, costs and expenses arising from or incurred in connection with such unauthorized Instruction or fraud.

Appears in 4 contracts

Sources: Online Trading Agreement, Online Trading Agreement, Online Trading Agreement