The User’s liability. 19.1.1. the User shall be liable for all losses incurred as the result of unauthorized conduct, if the User has acted illicitly or has intentionally (on purpose) or due to gross negligence failed to fulfill the requirements prescribed in article 4.7. of the Agreement. 19.1.2. the User shall assume full liability for all losses, assumed commitments, or other activities carried out in the User’s Profile until MONEDIUS has been warned about situations specified in article 4.7. of the Agreement and when MONEDIUS has had a sufficient time to block access to the User’s Profile. 19.1.3. the User concludes Transactions on the Website of MONEDIUS personally and at its full responsibility. The User uses the samples of agreements offered on the Website of MONEDIUS at its sole risk and its full responsibility. MONEDIUS bears no liability for the User’s possible obligations arising from requirements of Law and Regulations, resulting from Transactions concluded on the Website of MONEDIUS. 19.1.4. if the User denies having authorized (given consent) the performance of a Transaction, the use of the User’s Profile and password shall be deemed a sufficient evidence for that the User has given consent to the Transaction or that the User has acted fraudulently, or has intentionally or negligently failed to fulfil the duties prescribed in article 4.7. of the Agreement.
Appears in 2 contracts
Sources: User Agreement, User Agreement