Common use of Order placed on the Internet Clause in Contracts

Order placed on the Internet. 5.4.1. When the Order is transmitted by the Internet, the Bank shall submit a summary of the Order for confirmation by the Client. The Bank shall timestamp the Order upon receipt of this confirmation. The timestamp materialises the official receipt of the Order by the Bank which shall also give rise to an acknowledgement of receipt including the official date and time of receipt. After receipt of the Client’s confirmation and after the Confirmation sent by the Bank, the latter assumes responsibility for the proper Execution of the Order.

Order placed on the Internet. 5.4.1. When the Order is transmitted by the Internet, the Bank shall submit a summary of the Order for confirmation by the Client. The Bank shall timestamp the Order upon receipt of this confirmation. The timestamp materialises the official receipt of the Order by the Bank which shall also give rise to an acknowledgement of receipt including the official date and time of receipt. After receipt of the Client’s confirmation and after the Confirmation sent by the Bank, the latter assumes responsibility for the proper Execution of the Order.

Order placed on the Internet. 5.4.14.3.1. When the Order is transmitted by the Internet, the Bank shall submit a summary of the Order for confirmation by the Client. The Bank shall timestamp the Order upon receipt of this confirmation. The timestamp materialises the official receipt of the Order by the Bank which shall also give rise to an acknowledgement of receipt including the official date and time of receipt. After receipt of the Client’s confirmation and after the Confirmation sent by the Bank, the latter assumes responsibility for the proper Execution execution of the Order.

Order placed on the Internet. 5.4.1. When the Order is transmitted by the Internet, the Bank shall submit a summary of the Order for confirmation by the Client. The Bank shall timestamp the Order upon receipt of this confirmation. The timestamp materialises the official receipt of the Order by the Bank which shall also give rise to an acknowledgement of receipt including the official date and time of receipt. After receipt of the Client’s confirmation and after the th e Confirmation sent by the Bank, the latter assumes responsibility for the proper Execution of the Order.