Common use of Passing on messages Clause in Contracts

Passing on messages. If information concerning the Customer's securities is published in the "Wertpapier-Mitteilungen" or if Trade Republic is provided with such information by the issuer or by its foreign custodian/intermediate custodian, Trade Republic will bring this information to the attention of the Customer to the extent that it may have a material effect on the Customer's legal position and notification of the Customer is necessary to protect the Customer's interests. In particular, it will notify information about statutory settlement and exchange offers, voluntary purchase and exchange offers or reorganization procedures. Notification may be omitted if the information has not been received by Trade Republic in time or if the measures to be taken by the Customer are economically unreasonable because the costs incurred are disproportionate to the potential claims of the Customer.