System Risk definition

System Risk. You acknowledge and understand that we may experience system interruptions or delays due to outages, power loss, telecommunications failure, disasters, cyberattacks, system malfunctions, or other events. Such interruptions or delays may affect our Services to you temporarily. Third Party Risks: You acknowledge and understand that you may suffer losses incurred from actions or conditions regarding third parties, including those engaged or partnered by us for the provision of our own Services to you, such as liquidity providers, payment service providers, and IT service providers etc., those engaged by yourself for the use of our Services (e.g., the banking services or wallet services you use), as well as those neither engaged by you nor by us. Respectively you acknowledge that there may be additionally associated risks with the usage of a third party’s websites / platforms and their services which may be accessible via the Site, therefore it is your responsibility to carefully familiarize yourself with such before starting to use any of services, content or products of a third party. Deposit Guarantee Scheme: You acknowledge and understand that although we are registered virtual currency exchange operator and virtual currency wallet operator in Lithuania, we or our account holders are not covered by any government backed compensation scheme or protections offered to investors or other creditors like those authorized or otherwise regulated institutions, such as regulated banks such as the Global Deposit Guarantee Scheme or the Global Investor Compensation Scheme. Unanticipated Risks: The risks described herein are not nor are they intended to be a comprehensive or exhaustive list of risk factors. You remain responsible for taking care to understand the technology, economic and legal nature of Digital Assets and for carefully managing your exposure in accordance with that understanding and your risk appetite for innovative, volatile and speculative new technologies and Digital Assets.

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System Risk means a server, network, relay, or other resource that can be exploited by third parties in ways that could lead to contravention of this AUP. Examples include, but are not limited to, open news servers, unsecured mail relays, smurf amplifiers, anything deemed a threat by Canadian Cyber Incident Response Centre, distribution of malicious files or malware, copyright infringement or Botnet drone.

System Risk. The Seller is aware of and accepts the risks associated with using the Ariba Network, including risk of delay, loss, interception, corruption, misuse or disclosure to an incorrect third party of electronic messages and documents. The Bank may rely on verification and authentication procedures carried out by the Ariba Network and the Seller acknowledges and agrees that the Bank is not responsible for monitoring the proper operation and availability of the Ariba Network, or for the content of documents or electronic messages.

Examples of System Risk in a sentence

• Any funds disbursed by Buyer to Seller or its Approved Payee shall be subject to all applicable federal, state and local laws, including, without limitation, regulations and policies of the Board of Governors of the Federal Reserve System on Reduction of Payments System Risk.

• Risk metrics shall be generated in accordance with PEO IWS 10 CVN 78 Combat System Risk Management Plan (Attachment J-02), and be reported as part of the Contractor’s Progress, Status and Management Report (CDRL A002) during program reviews.

• The PROVIDER’s system shall be capable of interfacing with the System Risk Management and/or System Benefits Administration and this service will be provided at no charge.

• PROVIDERs shall provide training as needed to the A&M System Risk Management and/or System Benefits Administration in the utilization of software.

• The obligation of any Lender to make any loan by wire transfer to Borrower or any other Person shall be subject to all Applicable Law, including the policy of the Board of Governors of the Federal Reserve System on Reduction of Payments System Risk as in effect from time to time.

• Board policy sets Health and Life insurance through the Florida College System Risk Management Consortium.

• The College is a participating member of the Florida College System Risk Management Consortium for life insurance programs.

• However, the carrier and its designated counsel will keep System Risk Management and/or System Benefits Administration and the System General Counsel informed of the status of any and all litigation claims filed under the policy.

• As such, College offerings for bargaining unit members are subject to continued offerings and availability of such employee assistance programs through the Florida College System Risk Management Consortium.

• As such, College offerings for bargaining unit members are subject to continued offerings and availability of such life insurance programs through the Florida College System Risk Management Consortium.

More Definitions of System Risk

System Risk means when a cooperating parties is unable to satisfy its obligations in the VIBER or is unable to carry out its responsibilities in due time, and thereby triggering a series of events to deprive other cooperating parties of the ability to satisfy their obligations. If this process results in a liquidity crisis that has the capacity to jeopardise financial stability, it constitutes a system risk.