Operational Risks Sample Clauses

Operational Risks. (a) A failure in GSI’s operational systems or infrastructure, or those of third parties, as well as human error, malfeasance or other misconduct, could impair GSI’s liquidity, disrupt its businesses, result in the disclosure of confidential information, damage its reputation and causelosses GSI's businesses are highly dependent on its ability to process and monitor, on a daily basis, a very large number of transactions, many of which are highly complex, and occur at high volumes and frequencies, across numerous and diverse markets in many currencies. These transactions, as well as the information technology services provided to clients, often must adhere to client-specific guidelines, as well as legal and regulatory standards. Many rules and regulations worldwide govern GSI's obligations to execute transactions and report such transactions and other information to regulators, exchanges and investors. Compliance with these legal and reporting requirements can be challenging, and GSI has been, and may in the future be, subject to regulatory fines and penalties for failing to follow these rules or to report timely, accurate and complete information in accordance with these rules. As such requirements expand, compliance with these rules and regulations has become more challenging. The use of computing devicesand phones is critical to the work done by GSI's employees and the operation of GSI's systems and businesses and those of its clients and third -party service providers and vendors. Their importance has continued to increase, in particular in light of work-from-home arrangements implemented in response to the COVID-19 pandemic. Computers and computer networks are subject to various risks, including, among others, cyber-attacks, inherent technological defects, system failures and human error. For example, fundamental security flaws in computer chips found in many types of these computing devices and phones have been reported in the past and may be discovered in the future. Cloud technologies are also critical to the operation of GSI's systems and platforms and GSI's reliance on cloud technologies is growing. Service disruptions may lead to delaysin accessing, or the loss of, data that is important to GSI's businesses and may hinder GSI's clients' access to GSI's platforms. Addressing these and similar issues could be costly and affect the performance of these businesses and systems. Operational risks may be incurred in applying fixes and there may still be ...
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Operational Risks. 13.1. Operational risks with AvaTrade on your computer are inherent in every OTC transaction. For example, disruptions in AvaTrades's operational processes such as communications, computers, computer or mobile networks or external events may lead to delays in the execution and settlement of a transaction. AvaTrade does not accept or bear any liability whatsoever in relation to the operational processes of AvaTrade, except to the extent that it is caused by the fraud, negligence or dishonesty by AvaTrade.
Operational Risks. The Company is a young company and the growth of the team and its capabilities may take longer than expected to result in the intended usefulness for the Tokens. The Tokens are just one product in a highly competitive market, and broad adoption by other users and developments by technology partners may take longer than expected. The usefulness of the Tokens depends on the extent of widespread adoption of Coinme ATMs by the marketplace.
Operational Risks. 14.1. Operational risks with VladoBrokers on your computer are inherent in every OTC transaction. For example, disruptions in VladoBrokers's operational processes such as communications, computers, computer or mobile networks or external events may lead to delays in the execution and settlement of a transaction. VladoBrokers does not accept or bear any liability whatsoever in relation to the operational processes of VladoBrokers, except to the extent that it is caused by the fraud, negligence or dishonesty by VladoBrokers.
Operational Risks. Operational risks with Finalto Asia are inherent in every CFD transaction. Disruptions in Finalto Asia’s operational processes, such as communications, computers, networks or external factors may cause delays in the execution and settlement of orders. Finalto Asia does not accept or bear any liability whatsoever in relation to its operational processes, except to the extent they were caused by negligence, wilful default or fraud.
Operational Risks. Operational risks with Safecap are inherent in every CFD transaction. Disruptions in Safecap’s operational processes, such as communications, computers, networks or external factors may cause delays in the execution and settlement of orders. Safecap does not accept or bear any liability whatsoever in relation to its operational processes, except to the extent they were caused by negligence, wilful default or fraud.
Operational Risks. The Company’s website may require frequent maintenance that will be costly and impair its ability to offer the service profitably. Additionally, the Company’s website and software platform will fail to retain users if the service is excessively slow or experiences frequent service outages. The Company will need to mitigate against any random or coordinated internet attacks on its network infrastructure including: data theft, hardware or software vandalism, misuse, illegal use, automated DoS and other known or unknown forms of internet bot, virus or spyware attacks. The Company will need to anticipate and overcome any legal exposures associated with the capturing, warehousing and managing of user data including video, audio and other potentially sensitive personal, financial or other information. Natural Disasters and Terrorism A natural disaster or terrorist activity here in the United States or internationally could have a material adverse effect on the Company’s business, results of operations and financial condition. Intellectual Property No assurance can be given as to the future viability or value of any of the Company’s intellectual property rights. Furthermore, there can be no assurance that the Company’s business activities will not infringe upon the proprietary rights of others, or that other parties will not assert infringement claims against the Company. The Company will need to protect itself against any proprietary information leaks including: technical specifications, business methods, end user information and client information. Risk of Technology Obsolescence The Company’s platform faces risks from future technological developments.
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Operational Risks. You are aware of and accept the risk of operational challenges. The Site may experience sophisticated cyber attacks, unexpected surges in activity or other operational or technical difficulties that may cause interruptions to or delays on the Site. You agree to accept the risk of the Services failure resulting from unanticipated or heightened technical difficulties, including those resulting from sophisticated attacks, and you agree not to hold us accountable for any related losses. We will not bear any liability, whatsoever, for any damage or interruptions caused by any viruses that may affect your computer or other equipment, or any phishing, spoofing or other attack. We advise the regular use of a reputable and readily available virus screening and prevention software. We do not guarantee that the Site is or will remain updated, complete, correct or secure, or that access to the Site will be uninterrupted. The Site may include inaccuracies, errors and materials that violate or conflict with this Agreement. Additionally, third parties may make unauthorized alterations to the Site or the software underlying the Services. Accordingly, you should verify all information on the Site before relying on it, and all decisions based on information contained on the Site are your sole responsibility and we will have no liability for such decisions.
Operational Risks. LBF’s revenue is dependent on the continuity of operation of its Iron-Making Facilities and Steel-Making Facilities. The operation of LBF involves certain risks, including but not limited to, breakdown, failure in the performance of its equipment, unexpected wear and tear or unexpected degradation, power failure and/or any interruption in its operations as a result of any failure to comply with all applicable laws, regulations and standards in Malaysia. Frequent or prolonged occurrence of any of the foregoing may have a material and adverse impact on LBF’s business, financial condition and the results of LBF’s operations.
Operational Risks. 1.1 The legal framework is not accepted by the legal authorities participating nations. National experts, responsible for legal, security and data protection shall be involved from the beginning in the development of the legal framework.
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