Common use of Security and risks Clause in Contracts

Security and risks. 11.1. The Operator shall not assume liability for the losses or loss of income sustained by the Users while using the Platform. 11.2. The insurance cover provided for by the Law of the Republic of Lithuania on Insurance of Deposits and Liabilities to Investors does not apply to crowdfunding. 11.3. Financing of Projects is associated with increased risk as the Investors’ funds may be lost and/or may not bring the rate of return desired by the Investors due to the Project Owner’s financial difficulties, insolvency or other circumstances. 11.4. By entering into the Loan Agreement, the Investors must take into account the risk of certain transactions and its adequacy and acceptability to the Investors and, where necessary, consult specialists. The information about the risks involved in crowdfunding is available on the Platform.

Appears in 3 contracts

Samples: Agreement on Use of Crowdfunding Platform, Agreement on Use of Crowdfunding Platform, Agreement on Use of Crowdfunding Platform

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Security and risks. 11.19.1. The Operator shall not assume liability for the losses or loss of income sustained by the Users while using the Platform. 11.29.2. The insurance cover provided for by the Law of the Republic of Lithuania on Insurance of Deposits and Liabilities to Investors does not apply to crowdfunding. 11.39.3. Financing of Projects is associated with increased risk as the Investors’ funds may be lost and/or may not bring the rate of return desired by the Investors due to the Project Owner’s financial difficulties, insolvency or other circumstances. 11.49.4. By entering into the Loan Agreement, the Investors must take into account the risk of certain transactions and its adequacy and acceptability to the Investors and, where necessary, consult specialists. The information about the risks involved in crowdfunding is available on the Platform.

Appears in 1 contract

Samples: Agreement on Use of Crowdfunding Platform

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