Common use of Acknowledgments and agreements of Client Clause in Contracts

Acknowledgments and agreements of Client. 5.6.1 The Client - 5.6.1.1 acknowledges and agrees that any Electronic Trading Platform is provided on an “as is” basis; 5.6.1.2 acknowledges and agrees that there are significant risks associated with using and relying on a Trading Platform, including risks related to the use of software and/or telecommunications systems, such as software errors and bugs, delays in telecommunications systems, interrupted service, data supply errors, faults or inaccuracies and security breaches; 5.6.1.3 assumes all risk of use or attempted use of a Trading Platform and any data provided by way of a Trading Platform; and 5.6.1.4 acknowledges and agrees that it has no recourse against Velocity Trade or any Licensor in relation to the use or availability of a Trading Platform or any errors in Licensor software and/or related information systems;