Common use of Phase 1 Clause in Contracts

Phase 1. Applications’ submission and invitation process To participate in the Program, the Program fintechs must fill out the application form on the Website xxx.xxxxxxxxxxxxxxxxxxxxx.xxx or they might be directly invited by the Organizer/Visa. Only one application may be filed with respect to a relevant company. The Program fintechs are not required to pay any fee for the participation. Registering and submitting an application, or receiving a direct invitation for the Program does not mean that You will be invited or guaranteed the opportunity to participate in the Program in person. The Organizer is not responsible for any malfunction of the Website or any late, lost, damaged, misdirected, incomplete, illegible, undeliverable, or destroyed applications due to system errors, failed, incomplete or garbled computer or other telecommunication transmission malfunctions, hardware or software failures of any kind, lost or unavailable network connections or technical malfunction(s), which may limit Your ability to participate.