Liability Limitation Agreement Sample Contracts

Supplement to the Leveraged Foreign Exchange Client Agreement:
Liability Limitation Agreement • April 14th, 2022

Clause Amended Content Implementation Date 14.1 Neither the Company nor any of its directors, officers, employees and agents or any correspondents shall be liable to the Customer for any direct, indirect or consequential loss or damage (including economic loss or damage) suffered by the Customer arising out of or connected with any act or omission in relation to this Agreement, any FX Contracts or in respect of any FX Transactions unless such loss results from its or any of its fraud , negligence or wilful default. The Customer undertakes to keep the Company and its directors, its officers, employees and agents indemnified against all costs, charges, loss, claims, damages, liabilities, demands or proceedings (including, without limitation, any costs and expenses incurred in settling any claim, demand or proceeding) incurred by the Company or them arising out of anything done or omitted pursuant to any Instruction given by the Customer or the Authorised Persons or in relation to any mat