Common use of General Commitments Clause in Contracts

General Commitments. 2.1 The Customer hereby certifies that, at the time of signing this Agreement, he/she has studied, understood and had explicit instructions on methods, procedures and modes of performing transactions at FPTS (Register in the “Customer Information and Services Registration Form” appended to this Agreement), understood all the risks that may occur in the process of using these services, voluntarily registered to use and will accept all losses and damage (if any) from using these services; 2.2 The Customer agrees that FPTS only notifies information with connection to the Transaction Account of the Customer by means of SMS message and/or email using telephone number and email address the Customer registers with FPTS. In the event of any change(s) to this information, the Customer must notify FPTS of such change(s); 2.3 The Customer must provide information as requested by FPTS and shall assume the responsibility for information provided for FPTS while fulfilling all obligations to FPTS when he/she executes securities transaction on his/her Transaction Account at FPTS; 2.4 By signing documents, materials, order slips and any other documents to request FPTS to perform transactions on his/her account at FPTS, the Customer implicitly admits having carefully considered before making any request to FPTS to execute transactions on his/her behalf. FPTS is solely responsible for the transactions as requested by the Customer without having to bear any responsibility for his/her securities transaction decisions; 2.5 When he/she authorizes other person(s) to execute transactions on his/her accounts at FPTS, the Customer implicitly admits having carefully considered and agrees to assume the final responsibility for any obligations that incur when the authorized person(s) performs in the scope of authorization; 2.6 The Customer is aware of risks that may occur in the event of executing securities transactions and shall accepts all losses and damage that may arise (if any); 2.7 The Customer agrees by default that FPTS will take service fees and charges according to FPTS’s Service Tariff from his/her Transaction Account; 2.8 The Customer agrees by default that FPTS will take a deduction on the Transaction Account of the Customer for credit items that not belong to the Customer because of human error, system failure or any other reason.