Common use of Liability and Indemnity Clause in Contracts

Liability and Indemnity. You agree that we shall not be liable for any default of any counterparty, bank, custodian or other entity which holds money on your behalf or with or through whom transactions are conducted. The Company will not be liable for loss suffered by you in connection to your funds held by us, unless such loss directly arises from our gross negligence, willful default or fraud.

Appears in 43 contracts

Samples: Client Agreement, Client Agreement, Retail Client Agreement

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Liability and Indemnity. You agree that we shall not be liable for any default of any counterparty, bank, custodian or other entity which holds money on your behalf or with or through whom transactions are conducted. The Company will not be liable for loss suffered by you in connection to your funds held by us, unless such loss directly arises from our gross negligence, willful wilful default or fraud.

Appears in 13 contracts

Samples: Retail Client Agreement, Retail Client Agreement, Retail Client Agreement

Liability and Indemnity. You agree that we shall not be liable for any default of any counterparty, bank, custodian custodian, or other entity which holds money on your behalf or with or through whom transactions are conducted. The Company will not be liable for loss suffered by you in connection to your funds held by us, unless such loss directly arises from our gross negligence, willful default default, or fraud.

Appears in 4 contracts

Samples: Client Service Agreement, Client Service Agreement, Client Service Agreement

Liability and Indemnity. You agree that we shall not be liable for any default of any counterparty, bank, custodian or other entity which holds money funds on your behalf or with or through whom transactions are conducted. The Company will not be liable for loss suffered by you in connection to your funds held by us, unless such loss directly arises from our gross negligence, willful default or fraud.

Appears in 2 contracts

Samples: Terms and Conditions Retail Client Agreement, Terms of Business

Liability and Indemnity. You agree that we shall not be liable for any default of any counterparty, bank, custodian or other entity which holds money on your behalf or with or through whom transactions are conducted. The In addition, the Company will not be liable for loss suffered by you in connection to your funds held by us, unless such loss directly arises from our gross negligence, willful default or fraud.

Appears in 1 contract

Samples: Terms and Conditions

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Liability and Indemnity. You agree that we shall not be liable for any default of any counterparty, bank, custodian or other entity which holds money on your behalf or with or through whom transactions are conducted. The Company will not be liable for loss suffered by you in connection to your funds held by us, unless such loss directly arises from our gross negligence, willful default or fraud. A competent employee of the Company is appointed as the designated officer with responsibility for matters relevant to the Company’s compliance with its obligations in regards to the safeguarding of client money and financial instruments.

Appears in 1 contract

Samples: Client Agreement

Liability and Indemnity. You agree that we shall not be liable for any default of any counterparty, bank, custodian custodian, or other entity which holds money on your behalf or with or through whom transactions are conducted. The Company will not be liable for loss suffered by you in connection to your funds held by us, unless such loss directly arises from our gross negligence, willful default wilful default, or fraud.

Appears in 1 contract

Samples: Retail Client Agreement

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