Common use of Responsibility of the Parties Clause in Contracts

Responsibility of the Parties. Possibility of profit gaining from the Transactions at OTC Forex market is inextricably linked with a risk of loss, so the Forex Company is not responsible for: losses incurred by the Client due to the use/alteration of leverage and (or) caused by alteration of prices for underlying assets unfavorable to the Client; for forcible closing of the Client’s position caused by reaching of the minimum value (Stop-out Level) of Margin Security Level; the Client’s losses caused by insufficient level of margin security in respect of his/her open positions; absence of liquidity at OTC Forex market at any time, i.

Appears in 10 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Responsibility of the Parties. Possibility of profit gaining from the Transactions at OTC Forex market is inextricably linked with a risk of loss, so the Forex Company is not responsible for: losses incurred by the Client due to the use/alteration of leverage and (or) caused by alteration of prices for underlying assets unfavorable unfa- vorable to the Client; for forcible closing of the Client’s position caused by reaching of the minimum mini- mum value (Stop-out Level) of Margin Security Level; the Client’s losses caused by insufficient level of margin security in respect of his/her open positions; absence of liquidity at OTC Forex market at any time, i.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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