Common use of Technical Risk Clause in Contracts

Technical Risk. 6.3.1. In the course of trading operations, the Client may run a risk that may occur on the Client’s side, and shall accept a loss occasioned by such risk, in connection with: ● software failures; ● failures occurred in the Client’s communication systems, lost connection; ● wrong set-up or misconfiguration of the Client’s Terminal; ● hardware failures; ● Client’s Terminal update delays; ● a failure to get familiarized with the instructions published on the Company’s Official Website; etc. 6.3.2. The Company shall not be responsible for any loss the Client may sustain if the Client has experienced a delay to connect to the Company’s server as a result of an intended overload of the Company’s systems or an excessive number of client applications the Company is processing at the time.

Appears in 1 contract

Sources: Client Agreement

Technical Risk. 6.3.1. In the course of trading operations, the Client may run a risk that may occur on the Client’s side, and shall accept a loss occasioned by such risk, in connection with: ● software failures; ● failures occurred in the Client’s communication systems, lost connection; ● wrong set-up or misconfiguration of the Client’s Terminal; ● hardware failures; ● Client’s Terminal update delays; ● a failure to get familiarized with the instructions published on the Company’s Official Website; etc. 6.3.2. The Company shall not be responsible for any loss the Client may sustain if the Client has experienced a delay to connect to the Company’s server as a result of an intended overload of the Company’s systems or an excessive number of client applications the Company is processing at the time.

Appears in 1 contract

Sources: Client Agreement