Limitation of uSMART SG’s liability. 36.1.1 Providing the services under the Margin Account to the Client does not make uSMART SG a trustee of the Client in respect of any of the Securities save and except those Securities registered in the name of uSMART SG’s nominee and in the capacity of a bare trustee only. uSMART SG has no other obligations in respect of the Client’s monies or assets other than those expressly specified in the Margin Facility Terms.