Conditions for placing orders Sample Clauses

Conditions for placing orders. 4.3.1. When the Client makes an order request for a Pending Order, the following parameters must be specified:
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Conditions for placing orders. 7.1.1 The Client sends its Orders to the Service Provider by telephone, Bloomberg electronic messaging, FIX connectivity, exceptionally by email or fax with mandatory confirmation of the Order by telephone and/or any other means expressly agreed between the parties, with the understanding that the Service Provider shall have the right at any time to require the Orders to be placed in writing. Assuming an Order is placed via electronic format, the Client is informed that the Service Provider shall keep track of the electronic message and the subsequent reply thereof, should the information be sent by email, over a period of five (5) years. In case of transmission by any means other than the telephone, the Client must ensure that the Order has been properly received by the Service Provider by obtaining a "read receipt" or any other form of justification that the Service Provider has actually read the Order within a reasonable time to enable the latter to transmit or execute the Order under the conditions requested. Where an Order is passed via FIX connectivity, it shall be deemed received and accepted by the Service Provider only once the latter has validated the Order in the system. The Client hereby releases the Service Provider from any consequences that may arise from using the means of communication (telephone, Bloomberg, FIX connectivity, etc.), particularly those due to a technical fault, error, insufficient or inaccurate instructions, or the wrongful or fraudulent use of the said facilities. The Service Provider shall, in no manner whatsoever, be held liable for any delay or defect in transmitting or executing an Order which it would have read belatedly.
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Related to Conditions for placing orders

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