Common use of System Maintenance Clause in Contracts

System Maintenance. Regular technical maintenance relates to when the Company maintains its trading platforms and systems to ensure their continuous proper functioning and service to you. They exclude cases where due to unplanned events or circumstances the Company has to undertake technical bugs and errors fixing. The Company shall conduct regular technical maintenance of its Electronic Trading Platforms normally from 5:00 GMT until 11:00 GMT once in every 7 (seven) days or at any other date and by giving you 48 hours notice. Notwithstanding anything to the contrary in this Agreement, you shall not be able to access the Electronic Trading Platforms or place any Orders during the Maintenance Hours. You agree that it will be your responsibility to keep yourself informed on the Maintenance Hours that may be applicable in any calendar week by checking announcements on the Company’s Website. For the purposes of this Agreement and for the avoidance of doubt, the Maintenance Hours shall always be treated as non-Business Hours. With respect to non-regular urgent technical maintenance which may be necessitated due to technical errors, malfunctions and/or bugs, the Company reserves the right to conduct such urgent maintenance at any time. Although it shall use reasonable endeavours to give you a prior notice in case of such maintenance, that may not always be practicable due to the urgency of such maintenance. You hereby waive any claims you may have against the Company as a result of its Electronic Trading Platforms being unavailable due to the non-regular technical maintenance under this Clause. You agree that the Company may execute an order on your behalf outside a regulated market and/ or an MTF and/or an OTF and that the Company’s Order Execution Policy will not apply when you place a specific instruction.

Appears in 6 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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System Maintenance. Regular technical maintenance relates to when the Company maintains its trading platforms and systems to ensure their continuous proper functioning and service to you. They exclude cases where due to unplanned events or circumstances the Company has to undertake technical bugs and errors fixing. The Company shall conduct regular technical maintenance of its Electronic Trading Platforms normally from 5:00 GMT until 11:00 GMT once in every 7 (seven) days or at any other date and by giving you 48 hours hours’ notice. Notwithstanding anything to the contrary in this Agreement, you shall not be able to access the Electronic Trading Platforms or place any Orders during the Maintenance Hours. You agree that it will be your responsibility to keep yourself informed on the Maintenance Hours that may be applicable in any calendar week by checking announcements on the Company’s Website. For the purposes of this Agreement and for the avoidance of doubt, the Maintenance Hours shall always be treated as non-Business Hours. With respect to non-regular urgent technical maintenance which may be necessitated due to technical errors, malfunctions and/or bugs, the Company reserves the right to conduct such urgent maintenance at any time. Although it shall use reasonable endeavours to give you a prior notice in case of such maintenance, that may not always be practicable due to the urgency of such maintenance. You hereby waive any claims you may have against the Company as a result of its Electronic Trading Platforms being unavailable due to the non-regular technical maintenance under this Clause. You agree that the Company may execute an order on your behalf outside a regulated market and/ or an MTF and/or an OTF and that the Company’s Order Execution Policy will not apply when you place a specific instruction.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

System Maintenance. Regular technical maintenance relates to when the Company maintains its trading platforms and systems to ensure their continuous proper functioning and service to you. They exclude cases where due to unplanned events or circumstances the Company has to undertake technical bugs and errors fixing. The Company shall conduct regular technical maintenance of its Electronic Trading Platforms normally from 5:00 GMT until 11:00 GMT once in every 7 (seven) days or at any other date and by giving you 48 hours notice. Notwithstanding anything to the contrary in this Agreement, you shall not be able to access the Electronic Trading Platforms or place any Orders during the Maintenance Hours. You agree that it will be your responsibility to keep yourself informed on the Maintenance Hours that may be applicable in any calendar week by checking announcements on the Company’s Website. For the purposes of this Agreement and for the avoidance of doubt, the Maintenance Hours shall always be treated as non-Business Hours. With respect to non-regular urgent technical maintenance which may be necessitated due to technical errors, malfunctions and/or bugs, the Company reserves the right to conduct such urgent maintenance at any time. Although it shall use reasonable endeavours to give you a prior notice in case of such maintenance, that may not always be practicable due to the urgency of such maintenance. You hereby waive any claims you may have against the Company as a result of its Electronic Trading Platforms being unavailable due to the non-regular technical maintenance under this Clause. You agree that the Company may execute an order on your behalf outside a regulated market and/ or an MTF and/or an OTF and that the Company’s Order Execution Policy will not apply when you place a specific instruction.

Appears in 1 contract

Samples: Client Agreement

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System Maintenance. Regular technical maintenance relates to when the Company maintains its trading platforms and systems to ensure their continuous proper functioning and service to you. They exclude cases where due to unplanned events or circumstances the Company has to undertake technical bugs and errors fixing. The Company shall conduct regular technical maintenance of its Electronic Trading Platforms normally from 5:00 GMT until 11:00 GMT once in every 7 (seven) days or at any other date and by giving you 48 hours hours’ notice. Notwithstanding anything to the contrary in this Agreement, you shall not be able to access the Electronic Trading Platforms or place any Orders during the Maintenance Hours. You agree that it will be your responsibility to keep yourself informed on the Maintenance Hours that may be applicable in any calendar week by checking announcements on the Company’s Website. For the purposes of this Agreement and for the avoidance of doubt, the Maintenance Hours shall always be treated as non-non- Business Hours. With respect to non-regular urgent technical maintenance which may be necessitated due to technical errors, malfunctions and/or bugs, the Company reserves the right to conduct such urgent maintenance at any time. Although it shall use reasonable endeavours to give you a prior notice in case of such maintenance, that may not always be practicable due to the urgency of such maintenance. You hereby waive any claims you may have against the Company as a result of its Electronic Trading Platforms being unavailable due to the non-regular technical maintenance under this Clause. You agree that the Company may execute an order on your behalf outside a regulated market and/ or an MTF and/or an OTF and that the Company’s Order Execution Policy will not apply when you place a specific instruction.

Appears in 1 contract

Samples: Terms and Conditions Client Agreement

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