SIGNIFICANT RISKS. You should be aware that FX trading involves risks. It is important that you carefully consider whether trading foreign currency products is appropriate for you in light of your investment objectives, financial circumstances and needs. You could lose more than the margin / deposit you have paid.
SIGNIFICANT RISKS. You should be aware of the following risks associated with the Policy: Fraud; Non-Disclosure; Non payment of premium; or Non payment of Excess.
SIGNIFICANT RISKS. 6.1 You cannot collect your foreign currency immediately after your order is settled. Therefore you are relying on us and Australia Post to provide you with the foreign currency.
6.2 There may be processing issues or delays, or your order may be cancelled, if you provide incomplete or inaccurate details, or your payment is incomplete.
6.3 We may cancel any orders after payment is received which do not meet our terms and conditions stated in this document or breach any of our regulatory or legal obligations.
7.1 Notwithstanding any other provision of these Terms, in no event shall we or any of our related bodies, agents, employees or representatives be liable for any indirect, incidental, special, punitive, exemplary or consequential damages of any kind, nor for any lost profits or revenues, in connection with or arising out of these Terms, your use of the website or the Services, or your order. We will not be liable to you for any losses incurred as a result of us not performing any of our obligations because of any event beyond our reasonable control, including, without limitation, any technical system failure. We will not be liable for any equipment or software damaged or replaced as a result of you using this website or the Service. We do not accept liability for incorrect content or errors and omissions in this website or its content. However we do endeavour to correct them as quickly as practicable.
7.2 Our maximum aggregate liability to you in respect of each order shall be limited to a sum equal to the purchase price of the order.
SIGNIFICANT RISKS. Buyer understands that the Project and the creation and distribution of the Tokens involve significant risks, including, but not limited to, the risk that (i) the technology associated with the Project may not function as intended; (ii) the Project may fail to attract interest or adoption, either from key stakeholders or the broader community; (iii) the Token Distribution Event may not occur; (iv) Token Vendor may fail to adequately fund its operations and/or the Project; (v) the Tokens may decrease in value over time and/or lose all monetary value, as there are no guarantees as to the price of Tokens purchased by Buyer and no guarantees that the price per Token determined by the market will be equal to or higher; and (vi) Token Vendor and/or the Project may be subject to investigation and enforcement actions from Governmental Authorities, and these Governmental Authorities may make changes to existing Laws, regulations and/or rules that will affect cryptographic tokens, digital assets, blockchain technology and its applications.
SIGNIFICANT RISKS. There are risks in an online environment and you should consider these when sending anything by email, and the security of the email as well as ensuring that you are only connecting to our website. It’s also good to be aware of online and email scams which may mislead you into providing your details to an unknown person or make payments to scammers. You’re responsible for the equipment you use to access our online banking and to keep it up to date. This includes virus protection software for your equipment. Network and communication line failures will impact your ability to access online banking and could result in delays in sending and receiving information.
SIGNIFICANT RISKS. Each Preferred Stockholder understands the following:
(a) There are a number of risks relating to an investment in Cadiz as set forth herein, as further described in the Disclosure Documents and in the Preferred Stockholder's direct communications with Cadiz.
(b) Each Preferred Stockholder may lose its entire investment in the Exchange Shares and Cadiz.
(c) No federal or state agency, or any other regulatory body, has passed upon the Exchange Shares, or an investment therein, or made any finding or determination as to the fairness of an investment in the Exchange Shares.
(d) If a bankruptcy petition is filed by or against Cadiz following the execution of this Agreement but prior to the Closing Date, the rights of the Preferred Stockholders under this Agreement may be subject to rejection and/or cancellation in accordance with applicable bankruptcy law.
SIGNIFICANT RISKS. The significant general risks of entering into Spot Contracts and the other foreign exchange transactions offered under this PDS are outlined in Section 11. The significant specific risks of entering into a Spot Contract are as follows:
SIGNIFICANT RISKS. The significant general risks of entering into Forward Contracts and the other foreign exchange transactions offered under this PDS are outlined in Section 11. The significant specific risks of entering into a Forward Contract are as follows: • The opportunity to make financial gains as the result of favourable exchange rate movements is precluded; if you enter into a Forward Contract, you must always settle it on the agreed terms whatever the exchange rate is on the Maturity Date. • You may be liable to Us for losses if you fail to fulfil your obligations to us (i.e. fail to settle on the Maturity date), as you cannot transfer your obligations to anybody else. For example, If you fail to fulfil your obligations to Us (i.e. you do not settle of the Maturity Date) we will Terminate the Contract and you will be liable for any losses incurred by US as a result of the Termination including any losses relating to unfavourable movement in the exchange rate.. • An Advance Payment may be requested of at least 5% to 10% of the value of the transaction, either at the beginning of the transaction or at any time prior to the Maturity Date, so you must ensure that you have the funds available to meet any such request. If for any reason you are unable to pay the Advance Payment, we may Terminate your transaction without notice. • Interest will be foregone on the amount of any Advance Payment/s held by us as we do not pay any interest on funds held by us.
SIGNIFICANT RISKS. The general risks of entering into an Option and any other transaction referred to in this PDS are set out in Section 11 below. The significant specific risks involved in using an Option are: • The Premium is not refundable and is not applied in reduction of the amount you are transferring if you choose to Exercise the Option. • The total cost of the foreign currency transaction could be more than if you had not entered into the Option because you have to factor in the cost of the Premium. • The Expiry Date is not flexible, so you will not be able to enter into a transfer prior to the Expiry Date in the same way that you could pre- deliver or roll over a Forward Contract. • You cannot sell the Option - if at any stage, the reason for the underlying foreign currency transaction ceases to exist, you cannot sell the Option to a third party to mitigate the amount you will have lost by paying the Premium. However, there is no obligation to exercise the Option if the underlying requirement ceases to exist.
SIGNIFICANT RISKS. The general risks of entering into a GCA and any other transaction referred to in this PDS are set out in Section 11 below. The significant specific risks involved in using the GCA service are: • The Pooled Account will be held with a foreign authorised deposit- taking institution (“ADI”) under the Banking Xxx 0000 (Cth), and therefore certain provisions in the Banking Xxx 0000 (Cth) (“Banking Act”) for the protection of depositors do not apply. • For example:
(a) deposits are not covered by the financial claims scheme and are not guaranteed by the Australian Government;
(b) deposits do not receive priority ahead of amounts owed to other creditors;
(c) a foreign ADI is not required to hold assets in Australia to cover its deposit liabilities in Australia;
(d) the Australian Prudential Regulatory Authority’s (“APRA”) power to take control or appoint an administrator to take control of an ADI in the interests of depositors in the event of insolvency or suspension of payments does not apply to a foreign ADI; and
(e) the requirement for an ADI to immediately inform APRA if it considers it is likely to become unable to meet its obligations or is about to suspend payment does not apply to a foreign ADI. • We will have sole discretion as to the maintenance and establishment of Pooled Account and you will not have any right to or be entitled to draw funds from any Pooled Account. • OFX does not accept liability for returns or recalls initiated by you or by a Marketplace. You are solely responsible for returns or recalls initiated by you or by a Marketplace. You may reduce your risks by minimising the amount of funds received and held in your GCA at any one time.
