Common use of Providing Instructions Clause in Contracts

Providing Instructions. 18.1 If the Client uses AETOS’s online transaction systems (the “Online Platform”) the Client confirms and accepts the following: (a) The Client may be able to enter into Contracts at the rates quoted on the Online Platform. (b) All transactions must be completed using the logins and passwords allocated to the Client by AETOS and valid entry of such a login and password will constitute an authorisation by the Client to complete the Contract specified irrespective of whether the login and password are entered by an Authorised User. (c) The Client must ensure that the logins and passwords are kept secure and confidential. The Client must also ensure that each Authorised User to whom a login and password is provided, will keep them secure and confidential. The Client will advise AETOS immediately if the Client has any reason to believe that the login and passwords allocated to the Client have not been kept secure and confidential. (d) The Client must ensure that no unauthorised person is able to use the logins and passwords. As part of this obligation the Client must ensure that each Authorised User quits the Internet browser after using the Online Platform. (e) AETOS may at any time without Notice to the Client suspend, withdraw or deny access to the Online Platform for any reason including but not limited to security, quality of service, failure by the Client to pay an amount when due or breach by the Client of any provision of this Agreement. 18.2 AETOS will not typically accept Instructions face to face at AETOS’s Registered Office. However, AETOS may at its discretion allow an Authorised User to request AETOS to accept Instructions, enter into Contracts and make financial dealings by physically visiting AETOS’s Registered Office. The Client acknowledges and agrees that upon the acceptance by AETOS of the Authorised User’s Instructions, the Client shall be bound by those Instructions. 18.3 In the event of the Online Platform being unable to accept Instructions, an Authorised User may request AETOS to accept Instructions and enter into Contracts by telephone. AETOS may check the authority of the caller by requesting the caller give his or her name and confirming that such name has been notified to AETOS by the Client as an Authorised User. AETOS may at its discretion ask the caller for additional information to confirm the caller’s identity. Upon such check confirming the identity of the caller, AETOS may assume that the caller has the full authority as previously advised by the Client. 18.4 The Client acknowledges and agrees, and will ensure that each Authorised User acknowledges and agrees, that AETOS may make a recording of any telephone conversation between any person and AETOS at any time. The recording remains the property of AETOS. The telephone recording can be used by AETOS to confirm the terms and conditions of any transaction where there is dispute with a Client as to the Trade Contract Terms of the transaction, and for training, monitoring and compliance purposes.

Appears in 1 contract

Sources: Terms and Conditions

Providing Instructions. 18.1 If the Client uses AETOSNeuko’s online transaction systems (the “Online Platform”) the Client confirms and accepts the following: (a) The Client may be able to enter into Contracts at the rates quoted on the Online Platform. (b) All transactions must be completed using the logins and passwords allocated to the Client by AETOS Neuko and valid entry of such a login and password will constitute an authorisation by the Client to complete the Contract specified irrespective of whether the login and password are entered by an Authorised User. (c) The Client must ensure that the logins and passwords are kept secure and confidential. The Client must also ensure that each Authorised User to whom a login and password is provided, will keep them secure and confidential. The Client will advise AETOS ▇▇▇▇▇ immediately if the Client has any reason to believe that the login and passwords allocated to the Client have not been kept secure and confidential. (d) The Client must ensure that no unauthorised person is able to use the logins and passwords. As part of this obligation the Client must ensure that each Authorised User quits the Internet browser after using the Online Platform. (e) AETOS Neuko may at any time without Notice to the Client suspend, withdraw or deny access to the Online Platform for any reason including but not limited to security, quality of service, failure by the Client to pay an amount when due or breach by the Client of any provision of this Agreement. 18.2 AETOS Neuko will not typically accept Instructions face to face at AETOS▇▇▇▇▇’s Registered Office. However, AETOS Neuko may at its discretion allow an Authorised User to request AETOS ▇▇▇▇▇ to accept Instructions, enter into Contracts and make financial dealings by physically visiting AETOS▇▇▇▇▇’s Registered Office. The Client acknowledges and agrees that upon the acceptance by AETOS ▇▇▇▇▇ of the Authorised User’s Instructions, the Client shall be bound by those Instructions. 18.3 In the event of the Online Platform being unable to accept Instructions, an Authorised User may request AETOS to accept Instructions and enter into Contracts by telephone. AETOS may check the authority of the caller by requesting the caller give his or her name and confirming that such name has been notified to AETOS by the Client as an Authorised User. AETOS may at its discretion ask the caller for additional information to confirm the caller’s identity. Upon such check confirming the identity of the caller, AETOS may assume that the caller has the full authority as previously advised by the Client. 18.4 The Client acknowledges and agrees, and will ensure that each Authorised User acknowledges and agrees, that AETOS ▇▇▇▇▇ may make a recording of any telephone conversation between any person and AETOS ▇▇▇▇▇ at any time. The recording remains the property of AETOS. The telephone recording can be used by AETOS to confirm the terms and conditions of any transaction where there is dispute with a Client as to the Trade Contract Terms of the transaction, and for training, monitoring and compliance purposes▇▇▇▇▇.

Appears in 1 contract

Sources: Terms and Conditions