GAM Sample Clauses

GAM. 39.2.1 Advice given by either ourselves or our employees in relation to transactions carried out on your behalf is given in good faith. GAM shall not be liable for any financial loss suffered by you unless this results from the negligence, fraud or wilful default of GAM or from breach by GAM of applicable laws and regulations. We and Xxxxxx reserve the right to decline to execute any investment transaction for you, for any reason whatsoever. The value of your investments and the income arising therefrom may decrease as well as increase. We shall not be held liable for any loss incurred by you arising from changes in market conditions or market fluctuations. Whilst we and Xxxxxx will endeavour to comply with our obligations of timely execution under FSC and/or FCA Rules, we and Xxxxxx shall not be liable for any loss you may incur arising from any delay or change in market conditions before such transactions may be effected, whether caused by inability to communicate with market makers, computer failure, labour dispute or any other reason. If any provision of these terms and conditions is or becomes invalid or contravenes the FSC/FCA Rules, the remaining provisions shall not be invalidated.
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