Common use of Indemnity and Exclusion of Liability Clause in Contracts

Indemnity and Exclusion of Liability. 20.1 You agree to indemnify on a full indemnity basis, to compensate us, and to hold us and all of our directors, employees, officers, Affiliates or counter-party employed or used by us in connection with the Services (collectively, our “Associates”) harmless from and against any and all losses, and reimburse on demand, against all losses which we or our Associates may suffer or incur arising from or in connection with the operation of the Private Fund, Account, Transactions, Services, or any Instructions, whether incurred directly or indirectly (unless they arise solely from our fraud, gross negligence or wilful misconduct). 20.2 We and our Associates shall not be responsible for or liable to you for any loss which may be suffered or incurred by you in any way in relation to any Services provided pursuant to these Terms, or Transaction contemplated under these Terms, howsoever caused, except for any such loss or damage which is due to our fraud, gross negligence or wilful misconduct. In such event, our liability in connection with any Transaction or Service, shall not exceed the market value of such Transaction or Service at the time of the fraud, gross negligence or wilful default. 20.3 We shall not be liable for any losses incurred by you as a result of any action taken by or omission on our part in good faith. We shall not, in the absence of fraud, gross negligence or wilful misconduct be liable to you for any act or omission in the course We and our Associates are not liable for any losses you may incur unless they were caused by our fraud, gross negligence or wilful misconduct. You also agree to indemnify us and our Associates for any losses which we may incur unless they were caused by our fraud, gross negligence or willful default. of or in connection with the Services rendered by under these Terms or for any losses which you may suffer or sustain as a result of, in connection with or in the course of discharge by us of our duties hereunder.

Appears in 1 contract

Samples: Account Opening Agreement

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Indemnity and Exclusion of Liability. 20.1 You agree to indemnify on a full indemnity basis, to compensate us, and to hold us and all of our directors, employees, officers, Affiliates or counter-party employed or used by us in connection with the Services (collectively, our "Associates") harmless from and against any and all losses, and reimburse on demand, against all losses which we or our Associates may suffer or incur arising from or in connection with the operation of the Private Fund, Account, Transactions, Services, or any Instructions, whether incurred directly or indirectly (unless they arise solely from our fraud, gross negligence or wilful misconductdefault). 20.2 We and our Associates shall not be responsible for or liable to you for any loss which may be suffered or incurred by you in any way in relation to any Services provided pursuant to these Terms, or Transaction contemplated under these Terms, howsoever caused, except for any such loss or damage which is due to our fraud, gross negligence or wilful misconductdefault. In such event, our liability in connection with any Transaction or Service, shall not exceed the market value of such Transaction or Service at the time of the fraud, gross negligence or wilful default. 20.3 We shall not be liable for any losses incurred by you We and our Associates are not liable for any losses you may incur unless they were caused by our fraud, gross negligence or wilful default. You also agree to indemnify us and our Associates for any losses which we may incur unless they were caused by our fraud, gross negligence or wilful default. Kami xxx Sekutu kami tidak bertanggungjawab atas sebarang kerugian yang mungkin ditanggung oleh anda kecuali kerugian tersebut disebabkan oleh penipuan, kecuaian melampau atau keingkaran yang disengajakan oleh kami. Anda juga bersetuju menanggung rugi kami xxx Sekutu kami atas sebarang kerugian yang mungkin kami tanggung kecuali kerugian tersebut disebabkan oleh penipuan, kecuaian melampau atau keingkaran yang disengajakan oleh kami. as a result of any action taken by or omission on our part in good faith. We shall not, in the absence of fraud, gross negligence or wilful misconduct default be liable to you for any act or omission in the course We and our Associates are not liable for any losses you may incur unless they were caused by our fraud, gross negligence or wilful misconduct. You also agree to indemnify us and our Associates for any losses which we may incur unless they were caused by our fraud, gross negligence or willful default. of or in connection with the Services rendered by under these Terms or for any losses which you may suffer or sustain as a result of, in connection with or in the course of discharge by us of our its duties hereunder.

Appears in 1 contract

Samples: Opening Agreement

Indemnity and Exclusion of Liability. 20.1 You agree to indemnify on a full indemnity basis, to compensate us, and to hold us and all of our directors, employees, officers, Affiliates or counter-party employed or used by us in connection with the Services (collectively, our "Associates") harmless from and against any and all lossesLosses, and reimburse on demand, against all losses Losses which we or our Associates may suffer or incur arising from or in connection with the operation of the Private Fund, Account, Transactions, Services, or the taking, relying and acting upon or omitting to act on any Instructions, whether incurred directly or indirectly (unless they arise solely from our fraud, gross negligence or wilful misconductdefault). 20.2 We and our Associates shall not be responsible for or liable to you for any loss Losses which may be suffered or incurred by you in any way in relation to any Services provided pursuant to these Termsterms, or Transaction transaction contemplated under these Termsterms, howsoever caused, except for any such loss or damage which is due to our fraud, gross negligence or wilful misconductdefault. In such event, our liability in connection with any Transaction transaction or Service, shall not exceed the market value of such Transaction transaction or Service at the time of the fraud, gross negligence or wilful default. 20.3 We shall not be liable for any losses Losses incurred by you as a result of any action taken by or omission on our part in good faith. We shall not, in the absence of fraud, gross negligence or wilful misconduct default be liable to you for any act or omission in the course We and our Associates are not liable for any losses Losses you may incur unless they were caused by our fraud, gross negligence or wilful misconductdefault. You also agree to indemnify us and our Associates for any losses Losses which we may incur unless they were caused by our fraud, gross negligence or willful wilful default. Kami xxx Sekutu kami tidak bertanggungjawab atas sebarang Kerugian yang mungkin ditanggung oleh anda kecuali Kerugian tersebut disebabkan oleh penipuan, kecuaian melampau atau keingkaran yang disengajakan oleh kami. Anda juga bersetuju menanggung rugi kami xxx Sekutu kami atas sebarang kerugian yang mungkin kami tanggung kecuali kerugian tersebut disebabkan oleh penipuan, kecuaian melampau atau keingkaran yang disengajakan oleh kami. omission in the course of or in connection with the Services rendered by under these Terms terms or for any losses Losses which you may suffer or sustain as a result of, in connection with or in the course of discharge by us of our its duties hereunder.hereunder.‌‌‌‌‌‌‌‌‌‌

Appears in 1 contract

Samples: Opening Agreement

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Indemnity and Exclusion of Liability. 20.1 You agree to indemnify on a full indemnity basis, to compensate us, and to hold us and all of our directors, employees, officers, Affiliates or counter-party employed or used by us in connection with the Services (collectively, our “Associates”) harmless from and against any and all losses, and reimburse on demand, against all losses which we or our Associates may suffer or incur arising from or in connection with the operation of the Private Fund, Account, Transactions, Services, or any Instructions, whether incurred directly or indirectly (unless they arise solely from our fraud, gross negligence or wilful misconduct). 20.2 We and our Associates shall not be responsible for or liable to you for any loss which may be suffered or incurred by you in any way in relation to any Services provided pursuant to these Terms, or Transaction contemplated under these Terms, howsoever caused, except for any such loss or damage which is due to our fraud, gross negligence or wilful misconduct. In such event, our liability in connection with any Transaction or Service, shall not exceed the market value of such Transaction or Service at the time of the fraud, gross negligence or wilful default. 20.3 We shall not be liable for any losses incurred by you as a result of any action taken by or omission on our part in good faith. We shall not, in the absence of fraud, gross negligence or wilful misconduct be liable to you for any act or omission in the course of or in connection with the Services rendered by under these Terms or for any losses which you may suffer or sustain as a We and our Associates are not liable for any losses you may incur unless they were caused by our fraud, gross negligence or wilful misconduct. You also agree to indemnify us and our Associates for any losses which we may incur unless they were caused by our fraud, gross negligence or willful default. of or in connection with the Services rendered by under these Terms or for any losses which you may suffer or sustain as a result of, in connection with or in the course of discharge by us of our duties hereunder.

Appears in 1 contract

Samples: Account Opening Agreement

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