Common use of Account Transfer Clause in Contracts

Account Transfer. A User Account is intended for personal, non-commercial use. The User is informed and agrees that it is assumed that the information provided at the opening of their Account identifies them. Users warrant that all information provided is accurate and up to date. Users undertake to update the information in their Accounts promptly upon any changes, to maintain compliance with these criteria. The User does not have the right to share an Account or their username and password, or to permit anyone to access their Account or perform any other actions capable of threatening the security of the Account. Users shall keep their username and password secret. If the User learns of or reasonably suspects any breach of security, including, inter alia, any loss, theft or unauthorized disclosure of their username or password, the User shall promptly notify the COMPANY and change their login and password. Absent such prompt notification, the COMPANY does not guarantee the secure use of the Platform. The User is prohibited to distribute, use or intentionally obtain any information granting access to the Account of any other User, or to distribute links to outside resources that contain such information. It is prohibited to use or attempt to use the Account of another User without the permission of the User and the COMPANY, in particular, to log on to an Account registered by another User, in the event that such information is received or by any other means. The COMPANY shall not be liable or guarantee the security of a User Account in the event: the User transfers the password and Account details to third parties (intentionally or negligently); third parties access the User Account as a result of the User using forms on outside websites for access to the Platform using software enabling password selection and/or decryption; third party access to the User Account by simple password and Account data selection; failure of the User to follow the recommendations in the Agreement, unless otherwise provided by applicable law.