Automatic Investment. 6.1. The Financiers having entered into an Automatic Investment Functionality Agreement on the Platform (the “Automatic Investment Agreement”) shall be entitled to use the Automatic Investment Functionality offered on the Platform. 6.2. While using the Automatic Investment Functionality, the Financier shall be allowed to pre-select and determine the operating conditions of the Automatic Investment Functionality and the Project criteria, according to which the Financier seeks to automatically submit proposals for financing the Projects published on the Platform. 6.3. The Financiers' proposals submitted using the Automatic Investment Functionality shall be irrevocable and not subject to modification. The Financier's proposal to finance the Project, submitted using the Automatic Investment Functionality, shall be valid until the expiry of the Loan amount financing period. When submitting proposals for financing of the Project Applications using the Automatic Investment Functionality, the funds intended for financing of the respective Project Application shall be reserved in and/or debited from the Lender's Payment Account automatically. 6.4. The Financiers using the Automatic Investment Functionality shall acquire a pre-emptive right to invest in the Projects, as their proposals can be formed and submitted automatically immediately upon the publication of the Project Application on the Platform. While using the Automatic Investment Functionality, the Financier shall be submitting such proposals automatically in the event that a Project Application meeting the criteria and conditions determined by the Financier is published on the Platform. 6.5. The order of the proposals for the Applications, submitted using the Automatic Investment Functionality, shall be determined based on the date of confirmation of the Criteria determined by the Financiers. 6.6. The Operator shall not to any extent take any decisions to participate in the submission of proposals for the Applications on behalf of the Financier. The use of the Financier's Automatic Investment Functionality shall be equivalent to participation in the submission of proposals and conclusion of Loan Agreements without using this functionality (i.e. as if the Financier would, through its own actions, be separately submitting an individual proposal for the Application of its choice, which has been published on the Platform). 6.7. Other conditions for the use of the Automatic Investment Functionality are detailed in the Automatic Investment Agreement. The Financier may withdraw or modify the determined automatic investment conditions and criteria at any time, by logging in to its personal account on the Platform. The changes made by the Financier will apply to its proposals submitted after the date of the changes. 6.8. The Operator does not under any circumstances undertake to maintain uninterrupted operation of the Automatic Investment Functionality on the Platform and shall not be liable for any malfunctions of the Automatic Investment Functionality.
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Sources: Agreement on Use of Crowdfunding Platform, Agreement on Use of Crowdfunding Platform
Automatic Investment. 6.1. The Financiers having entered into an Automatic Investment Functionality Agreement on the Platform (the “Automatic Investment Agreement”) shall be entitled to use the Automatic Investment Functionality offered on the Platform.
6.2. While using the Automatic Investment Functionality, the Financier shall be allowed to pre-select and determine the operating conditions of the Automatic Investment Functionality and the Project criteria, according to which the Financier seeks to automatically submit proposals for financing the Projects published on the Platform.
6.3. The Financiers' proposals submitted using the Automatic Investment Functionality shall be irrevocable and not subject to modification. The Financier's proposal to finance the Project, submitted using the Automatic Investment Functionality, shall be valid until the expiry of the Loan amount financing period. When submitting proposals for financing of the Project Applications using the Automatic Investment Functionality, the funds intended for financing of the respective Project Application shall be reserved in and/or debited from the Lender's Payment Account Paysera account automatically.
6.4. The Financiers using the Automatic Investment Functionality shall acquire a pre-emptive right to invest in the Projects, as their proposals can be formed and submitted automatically immediately upon the publication of the Project Application on the Platform. While using the Automatic Investment Functionality, the Financier shall be submitting such proposals automatically in the event that a Project Application meeting the criteria and conditions determined by the Financier is published on the Platform.
6.5. The order of the proposals for the Applications, submitted using the Automatic Investment Functionality, shall be determined based on the date of confirmation of the Criteria determined by the Financiers.
6.6. The Operator shall not to any extent take any decisions to participate in the submission of proposals for the Applications on behalf of the Financier. The use of the Financier's Automatic Investment Functionality shall be equivalent to participation in the submission of proposals and conclusion of Loan Agreements without using this functionality (i.e. as if the Financier would, through its own actions, be separately submitting an individual proposal for the Application of its choice, which has been published on the Platform).
6.7. Other conditions for the use of the Automatic Investment Functionality are detailed in the Automatic Investment Agreement. The Financier may withdraw or modify the determined automatic investment conditions and criteria at any time, by logging in to its personal account on the Platform. The changes made by the Financier will apply to its proposals submitted after the date of the changes.
6.8. The Operator does not under any circumstances undertake to maintain uninterrupted operation of the Automatic Investment Functionality on the Platform and shall not be liable for any malfunctions of the Automatic Investment Functionality.
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