Common use of Online Service Clause in Contracts

Online Service. 75.1 The Online Service will be provided via the internet, but can be expanded to include other modes of electronic communication. 75.2 Access to the Online Service is granted by use of a facility access code and a password or by such other security procedure the Lender may have in place from time to time. 75.3 Any Person who receives a facility access code from the Lender is responsible for the confidentiality of all passwords. 75.4 Any action or request made via the Online Service will be taken to have been made by the Borrower or the Security Owner (as the case may be), and the Lender may rely on that action or request. 75.5 The Facility Balance, Secured Portfolio, Market Value, any indicators of the status of the Margin Loan Facility, and any other information set out via the Online Service may not reflect recent transactions, represent the actual status of the Margin Loan Facility or represent a price at which the Secured Portfolio can be bought or sold. 75.6 The Lender is not obliged to update or correct any errors in the information after the date of publication and the Lender will not be responsible for any action which any Person with access to the Online Service takes or refrains from taking based on information in the Online Service which is inaccurate or out of date. 75.7 Specific terms of use are published on the Online Service. In additional to this Clause 75, any Person’s use of the Online Service is subject to those terms as amended from time to time. 75.8 The Lender may vary these terms of use at any time after giving a Notice to the Borrower and such Notice may be given through the Online Service. 75.9 The Lender may suspend access to the Online Service or cease to make the Online Service available at any time without notice.