Common use of AUTOMATIC INVESTMENT TOOL Clause in Contracts

AUTOMATIC INVESTMENT TOOL. 19.1 The automatic investment tool means procedures according to which the Lenders can pre-set the advance investment parameters and take part in the Auction based on such advance setting, automatically invest into the Applications and submit Proposals. The Consumers may modify the parameters of the automatic investment tool. 19.2 The Lender’s Proposal submitted via the automatic investment tool shall be equivalent to the Proposalprovided personally by the Consumer, and shall bear the same rights and duties as set forth in the present Agreement. 19.3 The Consumers shall assume the risk and be liable for use of the automatic investment tool, selection of parameters, as well as the credit risk of investment into the Applications and possible non- performance of obligations.

Appears in 2 contracts

Samples: Website Use Agreement, Website Use Agreement

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AUTOMATIC INVESTMENT TOOL. 19.1 17.1 The automatic investment tool means procedures according to which the Lenders can pre-set the advance investment parameters and take part in the Auction based on such advance setting, automatically invest into the Applications and submit Proposals. The Consumers may modify the parameters of the automatic investment tool. 19.2 17.2 The Lender’s Proposal submitted via the automatic investment tool shall be equivalent to the Proposalprovided Proposal provided personally by the Consumer, and shall bear the same rights and duties as set forth in the present Agreement. 19.3 17.3 The Consumers shall assume the risk and be liable for use of the automatic investment tool, selection of parameters, as well as the credit risk of investment into the Applications and possible non- performance of obligations.

Appears in 1 contract

Samples: Website Use Agreement

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AUTOMATIC INVESTMENT TOOL. 19.1 17.1 The automatic investment tool means procedures according to which the Lenders can pre-set the advance investment parameters and take part in the Auction based on such advance setting, automatically invest into the Applications and submit Proposals. The Consumers may modify the parameters of the automatic investment tool. 19.2 17.2 The Lender’s Proposal submitted via the automatic investment tool shall be equivalent to the Proposalprovided personally by the Consumer, and shall bear the same rights and duties as set forth in the present Agreement. 19.3 17.3 The Consumers shall assume the risk and be liable for use of the automatic investment tool, selection of parameters, as well as the credit risk of investment into the Applications and possible non- non-performance of obligations.

Appears in 1 contract

Samples: Website Use Agreement

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