Common use of RIGHTS AND OBLIGATIONS OF THE CLIENT Clause in Contracts

RIGHTS AND OBLIGATIONS OF THE CLIENT. 7.1. The Client is solely responsible and liable for: 7.1.1. performing all and any registrations with respective registers and regulatory authorities (including its home state and ACER) in order to obtain the ACER registration code necessary to identify the Client as a market participant, and notifying the Supplier about the granted ACER registration code; 7.1.2. performing all and any renewals and/or modifications with respective registers and/or regulatory authorities in relation to changes of any data, information and/or records after the Client’s ACER registration code is obtained and presented to the Supplier, and notifying the Supplier thereof; 7.1.3. notifying the Supplier about erroneous orders provided and erroneous transactions concluded on grounds thereof, as it is established in the Regulation of Trading on the Natural Gas Exchange of the Supplier, available on the Supplier’s Website; 7.1.4. providing dully (including timely and in conformity with all applicable requirements of format and other) the Supplier with all data, information, records and documents (except for the Client Data) necessary in order for the Supplier to perform the Services for or on behalf of where relevant, the Client (including updates to such information and documents where applicable). 7.2. If the Data Source is not the Supplier, the Client is solely responsible and liable for: 7.2.1. maintaining its Client Data complete, accurate and correct; 7.2.2. providing dully (including timely and in conformity to all applicable requirements of format and other) the Supplier with: • relevant complete, accurate and, correct Client Data and the Client’s ACER registration code; • all and any other data, information, records and/or documents (other than the Client Data) reasonably required and requested by the Supplier that the Supplier does not already have in its possession; 7.2.3. monitoring and notifying the Supplier and, if required under legal regulation or by the Supplier, notifying ACER about any errors in the Client Data and the Client’s ACER registration code provided hereunder; 7.3. The Client agrees and acknowledges that if it fails to comply with Clauses 7.1.4 and/or 7.2, and as a result the Supplier is unable to at all or duly report of all of the Client Data or such data are not provided by a third party or the Client, the Supplier shall not be liable for that, but, where relevant, shall submit ACER with the Client Data being in its possession, if any. 7.4. Where ACER places any request for further information as to data reporting under REMIT, the Client undertakes to provide all and any reasonable assistance to the Supplier, including, but not limited to a provision of any such information which is in the possession of the Client and not in the possession of the Supplier.

RIGHTS AND OBLIGATIONS OF THE CLIENT. 7.1. The Client is solely responsible and liable for: 7.1.1. performing all and any registrations with respective registers and regulatory authorities (including its home state and ACER) in order to obtain the ACER registration code necessary to identify the Client as a market participant, and notifying the Supplier about the granted ACER registration code; 7.1.2. performing all and any renewals and/or modifications with respective registers and/or regulatory authorities in relation to changes of any data, information and/or records after the Client’s ACER registration code is obtained and presented to the Supplier, and notifying the Supplier thereof; 7.1.3. notifying the Supplier about erroneous orders provided and erroneous transactions concluded on grounds thereof, as it is established in the Regulation of Trading on the Natural Gas Exchange of the Supplier, available on the Supplier’s Website; 7.1.4. providing dully (including timely and in conformity with all applicable requirements of format and other) the Supplier with all data, information, records and documents (except for the Client Data) necessary in order for the Supplier to perform the Services for or on behalf of where relevant, the Client (including updates to such information and documents where applicable). 7.2. If the Data Source is not the Supplier, the Client is solely responsible and liable for: 7.2.1. maintaining its Client Data complete, accurate and correct; 7.2.2. providing dully (including timely and in conformity to all applicable requirements of format and other) the Supplier with: •  relevant complete, accurate and, correct Client Data and the Client’s ACER registration code; •  all and any other data, information, records and/or documents (other than the Client Data) reasonably required and requested by the Supplier that the Supplier does not already have in its possession; 7.2.3. monitoring and notifying the Supplier and, if required under legal regulation or by the Supplier, notifying ACER about any errors in the Client Data and the Client’s ACER registration code provided hereunder; 7.3. The Client agrees and acknowledges that if it fails to comply with Clauses 7.1.4 and/or 7.2, and as a result the Supplier is unable to at all or duly report of all of the Client Data or such data are not provided by a third party or the Client, the Supplier shall not be liable for that, but, where relevant, shall submit ACER with the Client Data being in its possession, if any. 7.4. Where ACER places any request for further information as to data reporting under REMIT, the Client undertakes to provide all and any reasonable assistance to the Supplier, including, but not limited to a provision of any such information which is in the possession of the Client and not in the possession of the Supplier.