Common use of ERRORS IN PRICES Clause in Contracts

ERRORS IN PRICES. It is possible that errors may occur in the prices of Margin Contracts or CFDs quoted by us. In such circumstances, without prejudice to any rights we or you may have under statute or common law, neither of us will be bound by any Margin Contract or CFD which purports to have been made (whether or not confirmed by us) at a price which was, or ought reasonably to have been, known to either party to be materially incorrect at the time of the Margin Contract or CFD. The party asserting that the Margin Contract or CFD is avoided under this clause 9.10 must give notice to the other within three (3) Business Days of the relevant Margin Contract or CFD being entered. If you give notice to us under this clause, we will determine in our sole discretion, acting fairly and reasonably, whether the price quoted was materially incorrect.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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ERRORS IN PRICES. It is possible that errors may occur in the prices of Margin Contracts or CFDs quoted by us. In such circumstances, without prejudice to any rights we or you may have under statute or common law, neither of us will be bound by any Margin Contract or CFD which purports to have been made (whether or not confirmed by us) at a price which was, or ought reasonably to have been, known to either party to be materially incorrect at the time of the Margin Contract or CFD. The party asserting that the Margin Contract or CFD is avoided under this clause 9.10 must give notice to the other within three (3) 3 Business Days of the relevant Margin Contract or CFD being entered. If you give notice to us under this clause, we will determine in our sole discretion, acting fairly and reasonably, whether the price quoted was materially incorrect.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. It is possible that errors may occur in the prices of Margin Contracts or CFDs quoted by us. In such circumstances, without prejudice to any rights we or you may have under statute or common law, neither of us will be bound by any Margin Contract or CFD which purports to have been made (whether or not confirmed by us) at a price which was, or ought reasonably to have been, known to either party to be materially incorrect at the time of the Margin Contract or CFD. The party asserting that the Margin Contract or CFD is avoided under this clause 9.10 must give notice to the other within three (3) Business Days of the relevant Margin Contract or CFD being entered. If you give notice to us under this clause, we will determine in our sole discretion, acting fairly and reasonably, whether the price quoted was materially incorrect.

Appears in 1 contract

Samples: Client Agreement

ERRORS IN PRICES. It is possible that errors may occur in the prices of Margin Contracts or CFDs quoted by us. In such circumstances, without prejudice to any rights we or you may have under statute or common law, neither of us will be bound by any Margin Contract or CFD which purports to have been made (whether or not confirmed by us) at a price which was, or ought reasonably to have been, known to either party to be materially incorrect at the time of the Margin Contract or CFD. The party asserting that the Margin Contract or CFD is avoided under this clause 9.10 must give notice to the other within three (3) Business Days of the relevant Margin Contract or CFD being entered. If you give notice to us under this clause, we will determine in our sole discretion, acting fairly and reasonably, whether the price quoted was materially incorrect.

Appears in 1 contract

Samples: Client Agreement

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ERRORS IN PRICES. It is possible that errors may occur in the prices of Margin Contracts or CFDs quoted by us. In such circumstances, without prejudice to any rights we or you may have under statute or common law, neither of us will be bound by any Margin Contract or CFD which purports to have been made (whether or not confirmed by us) at a price which was, or ought reasonably to have been, known to either party to be materially incorrect at the time of the Margin Contract or CFD. The party asserting that the Margin Contract or CFD is avoided under this clause 9.10 must give notice to the other within three (3) 3 Business Days of the relevant Margin Contract or CFD being enteredentered into. If you give notice to us under this clause, we will determine in our sole discretion, acting fairly and reasonably, whether the price quoted was materially incorrect.

Appears in 1 contract

Samples: Client Agreement

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