Common use of POWERS AND AUTHORITIES OF THE COMPANY Clause in Contracts

POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts to prevent any malfunctioning in the Website’s activity. However, in any event of a technical failure (or any other error) in the Website's systems for any reason whatsoever, the Company will be entitled to cancel your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you for participating in such Services, and your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties either on the Company’s site or Your site which will disable you from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you through the form of e-mail to the Company’s designated email address xxxxxxx@0xxxxxx.xxx (hereinafter referred to as “E-mail order(s)”). The email orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take Profit: f) Subject of email is “Urgent” The Company shall arrange for the email orders to be executed within one (1) hour from the time of receipt of such email orders and upon the execution of such email orders, the Company shall make available to you an execution confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you or in an increase in payouts owed or paid to you, you shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Account or set off such amount against any money owed to you by the Company. The Company reserves the right limit, refuse or cancel any trade made by you or through your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you will only be entitled to receive the participation fee sum that was paid by you for participating in such trade, and your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered by you resulting from any changes made and you shall have no claims against the company in such regard.

Appears in 1 contract

Samples: Terms and Conditions

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POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts to prevent any malfunctioning in the Website’s activity. However, in any event of a technical failure (or any other error) in the Website's systems for any reason whatsoever, the Company will be entitled to cancel your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you for participating in such Services, and your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties difficulties either on the Company’s site or Your site which will disable you yyou from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you through the form of e-e mail to the Company’s designated email address xxxxxxx@0xxxxxx.xxx (hereinafter referred to as “E-E- mail order(s)”). The email orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take Profit: f) Subject of email is “Urgent” The Company shall arrange for the email orders to be executed within one (1) hour from the time of receipt of such email orders and upon the execution of such email orders, the Company shall make available to you an execution confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you or in an increase in payouts owed or paid to you, you shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Account or set off such amount against any money owed to you by the Company. The Company reserves the right limit, refuse or cancel any trade made by you or through your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you will only be entitled to receive the participation fee sum that was paid by you for participating in such trade, and your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered by you resulting from any changes made and you shall have no claims against the company in such regard.

Appears in 1 contract

Samples: Client Agreement

POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts to prevent any malfunctioning in the Website’s Webite's activity. However, in any event of a technical failure (or any other error) in the Website's systems for any reason whatsoever, the Company will be entitled to cancel your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you for participating in such Services, and your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties difficulties either on the Company’s site or Your site which will disable you yyou from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you through the form of e-e mail to the Company’s designated email address xxxxxxx@0xxxxxx.xxx xxxxxxx@xxxxxxxxxxxxx.xxx (hereinafter referred to as “E-mail order(s)”). The email orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take Profit: f) Subject of email is “Urgent” The Company shall arrange for the email orders to be executed within one (1) hour from the time of receipt of such email orders and upon the execution of such email orders, the Company shall make available to you an execution confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you or in an increase in payouts owed or paid to you, you shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Account or set off such amount against any money owed to you by the Company. The Company reserves the right limit, refuse or cancel any trade made by you or through your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you will only be entitled to receive the participation fee sum that was paid by you for participating in such trade, and your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered by you resulting from any changes made and you shall have no claims against the company in such regard.

Appears in 1 contract

Samples: Terms and Conditions

POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts to prevent any malfunctioning in the Website’s activity. However, in any event of a technical failure (or any other error) in the Website's systems for any reason whatsoever, the Company will be entitled to cancel your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you for participating in such Services, and your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties either on the Company’s site or Your site which will disable you from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you through the form of e-e mail to the Company’s designated email address xxxxxxx@0xxxxxx.xxx (hereinafter referred to as “E-mail order(s)”). The email orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take Profit: f) Subject of email is “Urgent” The Company shall arrange for the email orders to be executed within one (1) hour from the time of receipt of such email orders and upon the execution of such email orders, the Company shall make available to you an execution confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you or in an increase in payouts owed or paid to you, you shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Account or set off such amount against any money owed to you by the Company. The Company reserves the right limit, refuse or cancel any trade made by you or through your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you will only be entitled to receive the participation fee sum that was paid by you for participating in such trade, and your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered by you resulting from any changes made and you shall have no claims against the company in such regard.

Appears in 1 contract

Samples: Client Agreement

POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts efforts to prevent any malfunctioning in the Website’s activity. However, in any event of a technical failure (or any other error) in the Website's systems for any reason whatsoever, the Company will be entitled to cancel your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you for participating in such Services, and your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties either on the Company’s site or Your site which will disable you from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you through the form of e-e mail to the Company’s designated email address xxxxxxx@0xxxxxx.xxx xxxxxxx@xxxxxxxxxxxxx.xxx (hereinafter referred to as “E-mail order(s)”). The email orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take ProfitProfit: f) Subject of email is “Urgent” The Company shall arrange for the email orders to be executed within one (1) hour from the time of receipt of such email orders and upon the execution of such email orders, the Company shall make available to you an execution confirmation confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you or in an increase in payouts owed or paid to you, you shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Account or set off off such amount against any money owed to you by the Company. The Company reserves the right limit, refuse or cancel any trade made by you or through your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you will only be entitled to receive the participation fee sum that was paid by you for participating in such trade, and your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered suffered by you resulting from any changes made and you shall have no claims against the company in such regard.

Appears in 1 contract

Samples: Client Agreement

POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts to prevent any malfunctioning in the Website’s Site's activity. However, in any event of a technical failure (or any other error) in the WebsiteSite's systems for any reason whatsoever, the Company will be entitled to cancel your Your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you You for participating in such Services, and your Your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties difficulties either on the Company’s site or Your site which will shall disable you You from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you You through the form of e-mail to the Company’s designated email e-mail address xxxxxxx@0xxxxxx.xxx xxxxxxx@xxxxxxxxxx.xxx (hereinafter referred to as “E-mail order(s)”). The email E- mail orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take Profit: f) Subject of email e-mail is “Urgent” The Company shall arrange for the email E-mail orders to be executed within one (1) hour from the time of receipt of such email E-mail orders and upon the execution of such email E-mail orders, the Company shall make available to you You an execution confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you You or in an increase in payouts owed or paid to youYou, you You shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Your Account or set off such amount against any money owed to you You by the Company. The Company reserves the right limit, refuse or cancel any trade made by you You or through your Your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your Your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you You will only be entitled to receive the participation fee sum that was paid by you You for participating in such trade, and your Your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered by you You resulting from any changes made and you You shall have no claims against the company Us in such regard.

Appears in 1 contract

Samples: Retail Client Agreement

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POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts to prevent any malfunctioning in the Website’s Site's activity. However, in any event of a technical failure (or any other error) in the WebsiteSite's systems for any reason whatsoever, the Company will be entitled to cancel your Your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you You for participating in such Services, and your Your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties either on the Company’s site or Your site which will disable you from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you through the form of e-mail to the Company’s designated email address xxxxxxx@0xxxxxx.xxx (hereinafter referred to as “E-mail order(s)”). The email orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take Profit: f) Subject of email is “Urgent” The Company shall arrange for the email orders to be executed within one (1) hour from the time of receipt of such email orders and upon the execution of such email orders, the Company shall make available to you an execution confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you You or in an increase in payouts owed or paid to youYou, you You shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Your Account or set off such amount against any money owed to you You by the Company. The Company reserves the right to limit, refuse or cancel any trade made by you You or through your Your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your Your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you You will only be entitled to receive the participation fee sum that was paid by you You for participating in such trade, and your Your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered by you You resulting from any changes made and you You shall have no claims against the company Us in such regard. In case the Company might face a system/technology error or a third party provider error or any technical or configuration error and the client aims towards riskless profit, any generated profit will be cancelled/reversed and the Company has the right to proceed with the account closure of the Client.

Appears in 1 contract

Samples: Terms and Conditions of Use

POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts to prevent any malfunctioning in the Website’s Site's activity. However, in any event of a technical failure (or any other error) in the WebsiteSite's systems for any reason whatsoever, the Company will be entitled to cancel your Your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you You for participating in such Services, and your Your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties either on the Company’s site or Your site which will disable you from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you through the form of e-mail to the Company’s designated email address xxxxxxx@0xxxxxx.xxx (hereinafter referred to as “E-mail order(s)”). The email orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take Profit: f) Subject of email is “Urgent” The Company shall arrange for the email orders to be executed within one (1) hour from the time of receipt of such email orders and upon the execution of such email orders, the Company shall make available to you an execution confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you You or in an increase in payouts owed or paid to youYou, you You shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Your Account or set off such amount against any money owed to you You by the Company. The Company reserves the right limit, refuse or cancel any trade made by you You or through your Your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your Your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you You will only be entitled to receive the participation fee sum that was paid by you You for participating in such trade, and your Your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered by you You resulting from any changes made and you You shall have no claims against the company Us in such regard.

Appears in 1 contract

Samples: Terms and Conditions of Services Agreement

POWERS AND AUTHORITIES OF THE COMPANY. The Company shall make commercially reasonable efforts to prevent any malfunctioning in the Website’s activity. However, in any event of a technical failure (or any other error) in the Website's systems for any reason whatsoever, the Company will be entitled to cancel your participation in any of the Services, concerning which the malfunctioning has occurred. In such an event, the Company’s responsibility and liability will be limited only to the participation fee sum that was paid by you for participating in such Services, and your Account will be credited accordingly. The Company shall not be held liable for any technical failures and/or difficulties difficulties either on the Company’s site or Your site which will disable you yyou from reviewing Your Account Balance. In the event of a technical failure, in respect to the services of the platform and the liquidity provider. The Company shall be available to receive orders from you through the form of e-e mail to the Company’s designated email address xxxxxxx@0xxxxxx.xxx xxxxxxx@xxxxxxxxxxxxx.xxx (hereinafter referred to as “E-mail order(s)”). The email orders shall only be acceptable by the Company if they contain the following information to be completed by You: a) Account Number: b) Buy/Sell: c) Symbol/Instrument: d) Lot Value: e) Stop loss or Take Profit: f) Subject of email is “Urgent” The Company shall arrange for the email orders to be executed within one (1) hour from the time of receipt of such email orders and upon the execution of such email orders, the Company shall make available to you an execution confirmation which shall include the price and time stamp of the executed E-mail orders. The Company reserves the right to cancel, terminate, modify or suspend the Services if for any reason, the Services cannot be conducted as planned, including, but not limited to, infection by computer virus, bugs, tampering or unauthorized intervention, fraud, technical failures or any other causes beyond the control of the Company. If any errors result in awarding payouts to you or in an increase in payouts owed or paid to you, you shall not be entitled to these payouts. You shall immediately inform the Company of the error and shall repay any payouts credited to your Account in error to the Company (as directed by the Company) or the Company may, at its discretion, deduct an amount equal to those payouts from your Account or set off such amount against any money owed to you by the Company. The Company reserves the right limit, refuse or cancel any trade made by you or through your Account, as well as cancel any trade (regardless of whether such cancellation was due to actions on your part or of any third party), where the Company believes that any act of fraud or any other act of bad faith has been taken against the Company or any third party; in which case you will only be entitled to receive the participation fee sum that was paid by you for participating in such trade, and your Account will be credited accordingly. The Company shall be entitled, at its sole discretion, to amend, modify, or discontinue, from time to time, any of the Services, and/or bonuses and/or promotions and/or introduce new Services, bonuses, and/or promotions. We shall not be liable for any loss suffered by you resulting from any changes made and you shall have no claims against the company in such regard.

Appears in 1 contract

Samples: Terms and Conditions

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