Common use of ERRORS IN PRICES Clause in Contracts

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 5 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent:: ThreeTrader Global Limited VFSC: 40430 Client Agreement Version: 1.0 (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

ERRORS IN PRICES. (a) a. It is possible that errors, omissions or misquotes (Material Error“material error”) may occur in relation to our Productsthe pricing of margin FX contracts or CFDs quoted by us, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments underlying instruments which prevailed at the time. A Material Error material error may include an incorrect price, date, time or other characteristic of a Product margin FX contract or CFD or any error or lack of clarity of any information. If a trade is based on a Material Errormaterial error, we reserve the right to do any of the following without your consentconsent to: (i) amend i. Amend the terms and conditions of the Contract margin FX contract or CFD to reflect what we consider to have been the fair price at the time the Contract margin contact or CFD was entered into and there had been no Material Errormaterial error; (ii) close . Close the trade and any open Contracts positions resulting from it;; or (iii) void . Void the Contract margin contact or CFD from the outset; or; (iv) refrain . Refrain from taking action to amend or void the Contractmargin FX contract or CFD. (b) b. We will exercise the right in paragraph 9.6(aParagraph 9.9(a) reasonably, in good faith and as soon as reasonably practicable after we become aware of the Material Errormaterial error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud or gross negligence on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error material error including where the Material Error material error arising from an information service on which we rely. (c) c. In the event that a Material Error material error has occurred and we exercise our rights under paragraph 9.6(aParagraph 9.9 (a), we may, without notice, adjust your Account account or require that any moneys paid to you in relation to the Contract margin FX contract or CFD the subject of the Material Error material error be repaid to us as a debt due payable to us on demand.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

ERRORS IN PRICES. (a) a. It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error material error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right without your consent to do any of the following without your consentfollowing: (i) i. amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) . close the trade and any open Contracts resulting from it; (iii) . void the Contract from the outset; or (iv) . refrain from taking action to amend or void the Contract. (b) b. We will exercise the right in paragraph 9.6(aParagraph 9.7(a) reasonably, in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud or gross negligence on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) c. In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(aParagraph 9.7(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our any Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in the Exchanges or Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product financial product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a8.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a8.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent:: HighForex Global Limited (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into TradeMax Australia Limited ABN: 76162331311 AFSL: 436416 Client Agreement account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) a. It is possible that errors, omissions or misquotes (Material Error“material error”) may occur in relation to our Productsthe pricing of margin FX contracts or CFDs quoted by us, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments underlying instruments which prevailed at the time. A Material Error material error may include an incorrect price, date, time or other characteristic of a Product margin FX contract or CFD or any error or lack of clarity of any information. If a trade is based on a Material Errormaterial error, we reserve the right to do any of the following without your consentconsent to: (i) amend i. Amend the terms and conditions of the Contract margin FX contract or CFD to reflect what we consider to have been the fair price at the time the Contract margin contact or CFD was entered into and there had been no Material Errormaterial error; (ii) close . Close the trade and any open Contracts positions resulting from it;; or (iii) void . Void the Contract margin contract or CFD from the outset; or; (iv) refrain . Refrain from taking action to amend or void the Contractmargin FX contract or CFD. (b) b. We will exercise the right in paragraph 9.6(aParagraph 9.9(a) reasonably, in good faith and as soon as reasonably practicable after we become aware of the Material Errormaterial error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud or gross negligence on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error material error including where the Material Error material error arising from an information service on which we rely. (c) c. In the event that a Material Error material error has occurred and we exercise our rights under paragraph 9.6(aParagraph 9.9 (a), we may, without notice, adjust your Account account or require that any moneys paid to you in relation to the Contract margin FX contract or CFD the subject of the Material Error material error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) a. It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) i. amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) . close the trade and any open Contracts resulting from it; (iii) . void the Contract from the outset; or (iv) . refrain from taking action to amend or void the Contract. (b) b. We will exercise the right in paragraph 9.6(a9.5(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) c. In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a9.5(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) a. It is possible that errors, omissions or misquotes (Material Error“material error”) may occur in relation to our Productsthe pricing of margin FX contracts or CFDs quoted by us, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments underlying instruments which prevailed at the time. A Material Error material error may include an incorrect price, date, time or other characteristic of a Product margin FX contract or CFD or any error or lack of clarity of any information. If a trade is based on a Material Errormaterial error, we reserve the right to do any of the following without your consentconsent to: (i) amend i. Amend the terms and conditions of the Contract margin FX contract or CFD to reflect what we consider to have been the fair price at the time the Contract margin contact or CFD was entered into and there had been no Material Errormaterial error; (ii) close . Close the trade and any open Contracts positions resulting from it;; or (iii) void . Void the Contract margin contact or CFD from the outset; or; (iv) refrain . Refrain from taking action to amend or void the Contractmargin FX contract or CFD. (b) b. We will exercise the right in paragraph 9.6(aParagraph 9.9 (a) reasonably, in good faith and as soon as reasonably practicable after we become aware of the Material Errormaterial error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud or gross negligence on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error material error including where the Material Error material error arising from an information service on which we rely. (c) c. In the event that a Material Error material error has occurred and we exercise our rights under paragraph 9.6(a), Paragraph 9.9 (a) we may, without notice, adjust your Account account or require that any moneys paid to you in relation to the Contract margin FX contract or CFD the subject of the Material Error material error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.. Trademax Global Limited VFSC: 40356 Client Agreement

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Productsthe pricing of Margin FX Contracts quoted by us, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product Margin FX Contract or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consentconsent to: (i) amend the terms and conditions of the Margin FX Contract to o reflect what we consider to have been the fair price at the time the Margin Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts Positions resulting from it; (iii) void the Margin Contract from the outset; or (iv) refrain from taking action to amend or void the Margin FX Contract. (b) We will exercise the right in paragraph 9.6(a8.6(a) reasonably, in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud or gross negligence on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a8.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Margin FX Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

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ERRORS IN PRICES. (a) a. It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Productsthe pricing of Margin FX contracts or CFDs quoted by us, which by fault of either of you or us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments underlying instruments which prevailed at the time. A Material Error may include an incorrect price, date, date or time of any Margin FX contract or other characteristic of a Product CFD or any error or lack of clarity of any informationinformation pertaining to such Margin FX contract or CFD. If a trade is based on a Material Error, we reserve the right to do any of the following without your consentconsent to: (i) amend i. Amend the terms and conditions of the Contract Margin FX contract or CFD to reflect what we consider to have been the fair price at the time the Contract Margin FX contact or CFD was entered into and there had been no Material Error; (ii) close . Close the trade and any open Contracts positions resulting from f rom it; (iii) void the Contract from the outset; or (iii. Void the Margin FX contract or CFD f rom the outset; iv) refrain from . Refrain f rom taking action to amend or void the ContractMargin FX contract or CFD. (b) b. We will exercise the right in paragraph 9.6(aParagraph 9.9(a) reasonably, in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud f raud or gross negligence on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from f rom or connected with the Material Error including where the Material Error material error arising from f rom an information service on which we rely. (c) c. In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(aParagraph 9.9 (a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract Margin FX contract or CFD the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) a. It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Productsthe pricing of Margin FX contracts or CFDs quoted by us, which by fault of either of you or us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments underlying instruments which prevailed at the time. A Material Error may include an incorrect price, date, date or time of any Margin FX contract or other characteristic of a Product CFD or any error or lack of clarity of any informationinformation pertaining to such Margin FX contract or CFD. If a trade is based on a Material Error, we reserve the right to do any of the following without your consentconsent to: (i) amend i. Amend the terms and conditions of the Contract Margin FX contract or CFD to reflect what we consider to have been the fair price at the time the Contract Margin FX contact or CFD was entered into and there had been no Material Error; (ii) close . Close the trade and any open Contracts positions resulting from it;; or (iii) void . Void the Contract Margin FX contract or CFD from the outset; or; (iv) refrain . Refrain from taking action to amend or void the ContractMargin FX contract or CFD. (b) b. We will exercise the right in paragraph 9.6(aParagraph 9.9(a) reasonably, in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud or gross negligence on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error material error arising from an information service on which we rely. (c) c. In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(aParagraph 9.9 (a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract Margin FX contract or CFD the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) a. It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error material error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right without your consent to do any of the following without your consentfollowing: (i) i. amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) . close the trade and any open Contracts resulting from it; (iii) . void the Contract from the outset; or (iv) . refrain from taking action to amend or void the Contract. (b) b. We will exercise the right in paragraph 9.6(aParagraph 9.7(a) reasonably, in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud or gross negligence on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) c. In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(aParagraph 9.7(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. Page23 (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent:. (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable practicable, we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable practi- cable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our any Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in the Exchanges or Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product financial product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. (a) It is possible that errors, omissions or misquotes (Material Error) may occur in relation to our Products, which by fault of either of us or any third party, is materially incorrect when taking into account market conditions and quotes in Underlying Instruments which prevailed at the time. A Material Error may include an incorrect price, date, time or other characteristic of a Product or any error or lack of clarity of any information. If a trade is based on a Material Error, we reserve the right to do any of the following without your consent: (i) amend the terms and conditions of the Contract to reflect what we consider to have having been the fair price at the time the Contract was entered into and there had been no Material Error; (ii) close the trade and any open Contracts resulting from it; (iii) void the Contract from the outset; or (iv) refrain from taking action to amend or void the Contract. (b) We will exercise the right in paragraph 9.6(a) in good faith and as soon as reasonably practicable after we become aware of the Material Error. To the extent practicable, we will give you prior notice of any action we take under this clause; but if it is not practicable we will give you notice as soon as practicable afterwards. In the absence of fraud on our part, we are not liable to you for any loss, cost, claim, demand or expense that you incur or suffer (including loss of profits or indirect or consequential losses), arising from or connected with the Material Error including where the Material Error arising from an information service on which we rely. (c) . In the event that a Material Error has occurred and we exercise our rights under paragraph 9.6(a), we may, without notice, adjust your Account or require that any moneys paid to you in relation to the Contract the subject of the Material Error be repaid to us as a debt due payable to us on demand.

Appears in 1 contract

Samples: Client Service Agreement

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