Common use of Security Terms Clause in Contracts

Security Terms. 3.1. In order to reduce the risks associated with the facsimile transmission of the Communication as much as possible, upon receipt of the facsimile Communication, provided that it meets the requirements of the Agreement, the Sending Party must contact the Receiving Party by telephone to confirm the validity and authenticity of the Communication and the information contained therein with respect to the Sending Party’s true intention. 3.2. When sending the Communication, the Parties undertake to send the obligatory acknowledgement of receipt of the Communication to each other by e-mail or phone. The Parties undertake to archive acknowledgments of receipt of the Communication within the period of validity of the Agreement, and in case of dispute and claims of the Parties, to use this archive to investigate into the claims. The confirmation may be received by the Receiving Party from any Sending Party’s authorized person. List of authorized persons, their phone numbers, email addresses, which can be used for the acknowledgement are included in the Addendum to this Agreement. 3.3. If during the trading day on which the Communication is received, the Sending Party does not receive an acknowledgment of receipt of the Communication from the Receiving Party, the Sending Party is required before the end of the trading day to deliver the original documents sent by facsimile to the Receiving Party by courier.

Security Terms. 3.1. In order to reduce the risks associated with the facsimile transmission of the Communication by electronic means as much as possible, upon receipt of the facsimile CommunicationCommunication by electronic means, provided that it meets the requirements of the Agreement, the Sending Party must contact the Receiving Party by telephone to confirm the validity and authenticity of the Communication and the information contained therein with respect to the Sending Party’s true intention. 3.2. When sending the Communication, the Parties undertake to send the obligatory acknowledgement of receipt of the Communication to each other by e-mail or phonemail. The Parties undertake to archive acknowledgments of receipt of the Communication within the period of validity of the Agreement, and in case of dispute and claims of the Parties, to use this archive to investigate into the claims. The confirmation may be received by the Receiving Party from any Sending Party’s authorized person. List of authorized persons, their phone numbers, email addresses, which can be used for the acknowledgement are included in the Addendum to this Agreement. 3.3. If during the trading day on which the Communication is received, the Sending Party does not receive an acknowledgment of receipt of the Communication from the Receiving Party, the Sending Party is required before the end of the trading day to deliver the original documents sent by facsimile e-mail to the Receiving Party by courier.