Common use of Decline of Client’s Orders Clause in Contracts

Decline of Client’s Orders. 13.1. The Company is entitled to decline a Client’s order if any of the conditions set out in the Agreement is breached or in any of the cases described in clause 13.2 below, before the order is processed by the Company. However, if the Company executes a Client’s order and then becomes aware of any breach of the conditions set out in the Agreement, the Company may proceed with the cancellation of the Client’s order. 13.2. The cases referred in clause 13.1. are as follows: a) Internet connection or communications are disrupted. b) In consequence of request of regulatory or supervisory authorities in Bulgaria or a court order or antifraud or anti-money laundering authorities. c) Where the legality or genuineness of the Order are under doubt. d) A Force Majeure Event has occurred, according to paragraph 30. e) In an Event of Default of the Client as described in paragraph 14.1 below. f) The Company has sent a notice of Termination of the Agreement to the Client. g) The system of the Company rejects the Order due to trading limits imposed.

Decline of Client’s Orders. 13.1. The Company is entitled to decline a Client’s order if any of the conditions set out in the Agreement is breached or in any of the cases described in clause 13.2 below, before the order is processed by the Company. However, if the Company executes a Client’s order and then becomes aware of any breach of the conditions set out in the Agreement, the Company may proceed with the cancellation of the Client’s order. 13.2. The cases referred in clause 13.1. are as follows: a) Internet connection or communications are disrupted. b) In consequence of request of regulatory or supervisory authorities in of Bulgaria or a court order or antifraud or anti-money laundering authorities. c) Where the legality or genuineness of the Order are is under doubt. d) A Force Majeure Event has occurred, according to paragraph 3027. e) In an Event of Default of the Client as described in paragraph 14.1 below. f) The Company has sent a notice of Termination of the Agreement to the Client. g) The system of the Company rejects the Order due to trading limits imposed.