Indemnities and Limitations of Liability. 10.1 The services of the company are provided "As Is" and "As Available", and company makes no warranties of any kind, express or implied, including, but not limited to, warranties of merchantability and fitness for particular purpose. The company does not warrant that company website(s), servers, or e-mail communication are free of viruses or other harmful components. The company will not be liable for any damages of any kind arising from the use of trading platform or website(s), including, but not limited to direct, indirect, incidental, punitive and consequential damages. 10.2 Client acknowledges and agrees that the Trading Platform follows the relevant market, whether the Client is in front of his computer or not, and whether the Clients computer is switched on or not, and will exercises the order left by the Client if applicable. 10.3 The Client shall, upon first demand by the Company, compensate the Company from and against all liabilities, damages, losses and costs (including reasonable legal costs), duties, taxes, charges, commissions or other expenses incurred by the Company. 10.4 The Company shall have the right to set-off any amount owed by the Company to the Client, against any debt or other obligation of the Client towards the Company. In any event of Default of Client (voluntary or involuntary insolvency procedures against the Client) all debts, future debts and other obligations of the Client towards the Company, shall become immediately due.
Appears in 2 contracts
Sources: Client Trading Agreement, Client Agreement