Automatic Investment Function definition

Automatic Investment Function means a functionality offered to the Lenders on the Platform, which allows to pre-select the investment criteria published on the Platform, which are acceptable to the Lenders, and, on the basis of such selection, to automatically submit Proposals for financing of the Applications published by the Lenders on the Platform. When submitting Proposals using this functionality, the funds in the Lender’s Paysera account, used to finance the respective Application, shall be automatically reserved and / or automatically transferred (debited) from it.
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Examples of Automatic Investment Function in a sentence

  • The use of User‘s Automatic Investment Function is equal to taking part in Auctions, submitting Offers, and conclusion of Loan Agreements without using this function.

  • Using the Automatic Investment Function, the submitted Offer is valid until the end of the Auction.

  • The Operator also reserves the right to update, change, and/or supplement the Automatic Investment Function at any time according to the available Criteria and Parameters which enable selecting the function.

  • The use of User‘s Automatic Investment Function is equal to taking part in Auctions, submitting Proposals, and conclusion of Loan Agreements while not using this function, however, the opportunity to use the Automatic Investment Function grants the possibility to acquire the priority right to Users to finance Applications immediately after their publication on the Platform.

  • Upon the User choosing projects which they intend to invest which meet the Criteria and setting the investment Parameters by using the Automatic Investment Function, the User submits the Proposals automatically if the Application meeting the Criteria set by the User is published in the Platform.

  • The Operator may set the minimum number of mandatory Criteria in the Platform which the User must select when using the Automatic Investment Function.

  • To no extent, the Operator undertakes to constantly manage the operation of the Automatic Investment Function and is not liable for its malfunctions.

  • By using this function, the User themselves chooses and determines the operation Parameters and Criteria of the Automatic Investment Function, according to which the User seeks automatically take part in Auctions and make Proposals.

  • Proposals made by using the Automatic Investment Function are irreversible and cannot be changed.

  • The sequence of submitted Applications, when using the Automatic Investment Function, is determined by the date of the Criteria set by the User and the approval (creation) of Parameters.