HBZ definition
Examples of HBZ in a sentence
HBZ will not be responsible for any delays due to market factors, its own verification or authorization processes or any other reason whatsoever, nor for executing a Transaction before processing any cancellation or amendment that may be subsequently be sent by the Client.
HBZ may also periodically shut down the Service and interrupt any functions on account of system and software maintenance; market holidays; and any other event that requires or necessitates suspension of the Service.
HBZ cannot guarantee the execution of all orders either in full or in part.
In the event of death or insolvency of the Client or of the Client otherwise becoming incapable of receiving and paying for or delivering or transferring securities, which the Client has ordered to be bought or sold, HBZ may close out the transaction of the Client and the Client or his legal representative or successors-in-interest shall be liable for any losses and costs and be entitled to any surplus which may result therefrom.
The Client acknowledges having read and understood this Agreement and having been given the opportunity to obtain independent advice and agrees that this Agreement will govern the Client's relationship with HBZ in relation to the Service.
In the event the account is liquidated, the Client will be liable for any resulting losses and all associated costs incurred by HBZ.
AND WHEREAS HBZ, has agreed to make the Service available to the Client on the terms and conditions set out in this agreement.
HBZ reserves the right to withdraw or suspend the right to access and/or use of the Service and/or the Software (or any part of them) at any time without prior notice or obtaining any consent and without assigning any reason for that action.
However, HBZ does not guarantee that Instructions will be processed even though they may have been received.
HBZ is also authorized to settle financial matters, including receipt of sale proceeds or payment of subscription and purchase costs, and may contact issuing companies and establishments and follow up all matters related to the interests of the Client such as collection of dividends, receipt of ownership certificates and other documents.