Common use of Security Disclaimer Clause in Contracts

Security Disclaimer. LICENSEE ACKNOWLEDGES AND AGREES THAT LICENSEE IS SOLELY AND EXCLUSIVELY RESPONSIBLE FOR THE CONTROL, OPERATION AND SECURITY OF TRANSACTIONS AND COMMUNICATIONS MADE THROUGH ITS ACCESS TO OR USE OF THE FXTRADE SYSTEM AND THE LICENSED MATERIALS. LICENSEE ACKNOWLEDGES THAT THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED DEAL EXECUTION TRADING SYSTEM INCLUDING, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE, AND INTERNET CONNECTIONS. LICENSEE ACKNOWLEDGES THAT OANDA DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA THE INTERNET, CONFIGURATION OF LICENSEE’S EQUIPMENT OR RELIABILITY OF ITS CONNECTION, AND OANDA SHALL NOT BE RESPONSIBLE FOR ANY COMMUNICATION FAILURES, DISRUPTIONS, ERRORS, DISTORTIONS OR DELAYS LICENSEE MAY EXPERIENCE WHEN TRADING VIA THE INTERNET USING THE FXTRADE SYSTEM OR THE LICENSED MATERIALS.

Security Disclaimer. LICENSEE ACKNOWLEDGES AND AGREES THAT LICENSEE IS SOLELY AND EXCLUSIVELY RESPONSIBLE FOR THE CONTROL, OPERATION AND SECURITY OF TRANSACTIONS AND COMMUNICATIONS MADE THROUGH ITS ACCESS TO OR USE OF THE FXTRADE OANDA SYSTEM AND THE LICENSED MATERIALS. LICENSEE ACKNOWLEDGES THAT THERE ARE RISKS ASSOCIATED WITH UTILIZING AN INTERNET-BASED DEAL EXECUTION TRADING SYSTEM INCLUDING, BUT NOT LIMITED TO, THE FAILURE OF HARDWARE, SOFTWARE, AND INTERNET CONNECTIONS. LICENSEE ACKNOWLEDGES THAT OANDA DOES NOT CONTROL SIGNAL POWER, ITS RECEPTION OR ROUTING VIA THE INTERNET, CONFIGURATION OF LICENSEE’S EQUIPMENT OR RELIABILITY OF ITS CONNECTION, AND OANDA SHALL NOT BE RESPONSIBLE FOR ANY COMMUNICATION FAILURES, DISRUPTIONS, ERRORS, DISTORTIONS OR DELAYS LICENSEE MAY EXPERIENCE WHEN TRADING VIA THE INTERNET USING THE FXTRADE OANDA SYSTEM OR THE LICENSED MATERIALS.