Common use of Risks; No Liability Clause in Contracts

Risks; No Liability. The Customer acknowledges that there may be latency between the time an order (or other Personal Information) is submitted from the API Products and the time such order or Personal Information is received by Altruist. Latency may also affect order modification and order cancellation requests. The time an order or a request is actually received by ▇▇▇▇▇▇▇▇ (including for execution) will be the official time, including for the purposes of routing the order to the market for execution. In addition, all orders submitted to Altruist are subject to order vetting by Altruist. Orders created and submitted through any API Products are not vetted until they are received by Altruist. It is possible that Altruist may reject an order placed through any API Products. Altruist cannot guarantee that any order will be accepted when such order is routed to the market for execution, and Altruist cannot guarantee that notifications and Personal Information provided to the Customer by Altruist will be successfully delivered to or displayed by any API Products.

Appears in 2 contracts

Sources: Customer Agreement, Customer Agreement