Last updated (Sep 21st, 2016)
Please read these Terms of Use carefully before using the http://www.formulastocks.com website or our application operated by FormulaStocks ApS.
The following terminology applies to these Terms of Use, Privacy Statement and Disclaimer Notice and any or all Agreements: "Client", “You” and “Your” refers to you, the person accessing this website and accepting the Company’s terms of use. “FORMULA STOCKS”, “Formula Stocks ApS” "The Company", “Ourselves”, “We” and "Us", refers to our Company. “Party”, “Parties”, or “Us”, refers to both the Client and ourselves, or either the Client or ourselves. All terms refer to the offer, acceptance and consideration of payment necessary to undertake the process of our assistance to the Client in the most appropriate manner, whether by formal meetings of a fixed duration, or any other means, for the express purpose of meeting the Client’s needs in respect of provision of the Company’s stated services/products, in accordance with and subject to, prevailing English Law. Any use of the above terminology or other words in the singular, plural, capitalization and/or he/she or they, are taken as interchangeable and therefore as referring to same.
Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users and other who access or use the Service.
By visiting our website or Application and/ or purchasing something from us, you engage in our “Service” and to be bound by the following terms of use (“Terms and Conditions, “Terms of Service”, “Terms”), including those additional terms and conditions and policies referenced herein and/or available by hyperlink. These Terms of Service apply to all users of the site, including without limitation users who are browsers, vendors, customers, merchants, and/ or contributors of content.
Please read these Terms of Service carefully before accessing or using our website. By accessing or using any part of the site, you agree to be bound by these Terms of Service. If you do not agree to all the terms and conditions of this agreement, then you may not access the website or use any services.
Any new features or tools which are added to the current service shall also be subject to the Terms of Service. You can review the most current version of the Terms of Service at any time on this page. We reserve the right to update, change or replace any part of these Terms of Service by posting updates and/or changes to our website. It is your responsibility to check this page periodically for changes. Your continued use of or access to the website following the posting of any changes constitutes acceptance of those changes.
The headings used in this agreement are included for convenience only and will not limit or otherwise affect these Terms.
A) BASIC or PREMIUM plans:
By purchasing a BASIC or PREMIUM plan you acquire the right to use the service for your personal investment account(s) held in your name. You may not resell, share, or otherwise provide the information obtained through our service to any other person, whether personally or by any other medium. Sharing of personal access codes to the website, as well as copyrighted data from the website, is expressly prohibited, and transgressions will be considered a criminal offense.
B) BUSINESS plan:
The BUSINESS license is personal, and allows one person access to use FORMULA STOCKS, meaning several users within one company requires multiple licenses. BUSINESS cannot be accessed by institutional capital, advisors advising multiple clients, by funds, or any collective investment vehicles. Please refer to FUND instead. FORMULA STOCKS reserves the right to allocate only a select number of slots to BUSINESS plan subscribers, and the right to accept subscribers to this particular plan only on a clearly subjective basis. Sharing of personal access codes to the website is expressly prohibited, and transgressions will be considered a criminal offense.
B) FUND plan:
The FUND license is a company-specific and company-wide license. FUND allows for multiple users within one company. The license is intended for commercial use. Usage of FORMULA STOCKS plans by an investment advisor advising multiple clients, is only possible through the FUND plan. The FUND flat fee structure has no limits as regards AUM under the provision that it is only used within one legal entity. It is possible to use FUND for a distributed commercial product, such as a fund, ETF, other investment vehicle or other forms of institutional capital. Please contact a Formula Stocks representative for further details.
FORMULA STOCKS is an Internet based publication, and as such not registered as an investment adviser with any national, federal or state regulatory agency, or in any other regulatory capacity. To the extent that any portion of the Formula Stocks website would need to rely upon such an exemption, FORMULA STOCKS would rely upon the “publisher’s exclusion” from the definition of “investment adviser” as provided under Section 202(a)(11) of the Investment Advisers Act of 1940 and corresponding state securities laws. To the extent reliance on the publisher’s exemption is necessary, the FORMULA STOCKS plans are bona fide publications of general and regular circulation offering impersonalized investment-related information to users and/or prospective users (e.g., not tailored to the specific investment portfolio or needs of current and/or prospective users).
FORMULA STOCKS is not an investment advisory service, nor a registered investment advisor and does not offer individual investment advice. FORMULA STOCKS does not manage client funds, but act solely as an information and technology supplier and publisher. The user maintains absolute discretion as to whether or not to follow any portion of the FORMULA STOCKS content. It remains the user’s exclusive responsibility to review and evaluate the content and to determine whether to accept or reject any content. FORMULA STOCKS expresses no opinion as to whether any of the website content is appropriate for a user’s investment portfolio, strategy, financial situation, or investment objective(s). FORMULA STOCKS does not purport to tell or suggest which securities individual customers should buy or sell for themselves. FORMULA STOCKS purchase or sell indications, are not solicitations to buy or sell, but rather, information the user can use as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments, and make your own informed decisions.
It is the user’s exclusive responsibility to determine if any portion of the investment-related information is suitable or appropriate for his/her financial situation and/or investment objectives, both initially and on an ongoing basis. No current or prospective user should assume that the future performance of any specific investment, investment strategy, or any other website content will be suitable or profitable for a user’s portfolio, equal historical or anticipated performance levels.
Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will either be suitable or profitable for a user or prospective user’s investment portfolio. Users do not receive investment advisory, investment supervisory or investment management services, nor an initial or ongoing review or monitoring of the user’s individual investment portfolio or individual particular needs. Therefore, no user should assume that his or hers use serves as a substitute for individual personalized advice from an investment professional of the user’s choosing.
The supplied information is provided solely for educational and informational purposes and may not be construed as an offer to buy or sell, or a solicitation of an offer to buy or sell, any financial instrument or to engage in any specific strategy or as an official confirmation of terms.
It should not be assumed that the systems presented in these products will be profitable or that they will not result in losses. Past results of any investment system published by Formula Stocks are not necessarily indicative of future returns. In addition, information, system output, articles and other features of our products are provided for educational and informational purposes only and should not be construed as investment advice. Accordingly, you should not rely solely on this information in making any investment. You should check with your licensed financial advisor and tax advisor to determine the suitability of any investment, and/or read relevant prospectuses, while taking into account your own financial situation and objectives.FORMULA STOCKS plans vary in terms of diversification, and may or may not be adequately diversified for any particular risk profile as the required level of diversification differs from individual to individual. Set your own individual maximum position size accordingly or consult an advisor.
The Formula Stocks website makes use of strategies which have been backtested. Formula Stocks strategies only became available in 2009, and have performed very well in the 2009-2017 timeframe. Backtested performance results however, have certain inherent limitations, as they could potentially be designed with some benefit of hindsight, even though best efforts has been taken to avoid such risk. Unlike an actual performance record, backtested results do not represent actual trading and may not be impacted by brokerage and other slippage fees. Also, since transactions may or may not actually have been executed, results may have under- or over-compensated for impact, if any, of certain market factors, such as lack of market liquidity or level of participation. NO REPRESENTATION IS BEING MADE THAT YOU ARE LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
FORMULA STOCKS business analytics depend on the accuracy of the published accounts of public corporations. Such accuracy may from time to time be less than ideal. FORMULA STOCKS strategies evolve and improve on a recurring basis, and any result and statistic is therefore subject to change without notice. FORMULA STOCKS employees may or may not own equities mentioned in the service.
For users of our “BUSINESS” plan service only (does not apply to “BASIC” or “PREMIUM” plan members): The BUSINESS service is intended for what is generally known as accredited or sophisticated investors, or corporations/businesses. The exact definition of accredited and sophisticated varies between countries, generally referring to either a certain net worth, income, or professional status, status as a corporation or financial institution or business with relation to the investment field. In the US it could imply either a net worth in excess of 1 mio. USD, excluding value of primary residence, or alternatively an annual income of at least 200,000 USD, or other factors as defined in regulations, such as status as an investment company, bank, insurance company, charitable organization with a certain amount of assets, and many other designations. Using BUSINESS does require some knowledge about investments in general, due to its focused nature, and if you sign up to the BUSINESS plan, you indicate that you can be considered either A) a sophisticated or accredited investor based upon either the rules of definition in your country of residence, or B) Represent a corporation/business which by definition enlists the services of tax or financial advisors, or C) by your own definition meet similar standards of investment knowledge where this may be applicable.
There is always the potential of losing money when you invest in securities, or other financial products. Investors should consider their investment objectives and risks carefully in the context of their own personal financial situation before investing.
We reserve the right to refuse service to anyone for any reason at any time.
Credit card information is always encrypted during transfer over networks. You understand that your content (not including credit card information), may be transferred unencrypted and involve (a) transmissions over various networks; and (b) changes to conform and adapt to technical requirements of connecting networks or devices.
You agree not to reproduce, duplicate, copy, sell, resell or exploit any portion of the Service, use of the Service, or access to the Service or any contact on the website through which the service is provided, without express written permission by us.
RELEASE: Each user or prospective user acknowledges and accepts the limitations of the website and agrees, as a condition precedent to his or hers access to the website, to release and hold harmless FORMULA STOCKS, its members, officers, directors, owners, employees) from any and all adverse consequences resulting from his or hers use, including, but not limited to, losses resulting from the user’s implementation of any of investment-related information.
By agreeing to these Terms of Service, you represent that you are at least the age of majority in your state, country or province of residence, or that you are the age of majority in your state, country or province of residence and you have given us your consent to allow any of your minor dependents to use this site.
You may not use our products for any illegal or unauthorized purpose nor may you, in the use of the Service, violate any laws in your jurisdiction (including but not limited to copyright laws).
We are not responsible if information made available on this site is not accurate, complete or current. The material on this site is provided for general information only and should not be relied upon or used as the sole basis for making decisions without consulting primary, more accurate, more complete or more timely sources of information. Any reliance on the material on this site is at your own risk.
This site may contain certain historical information. Historical information, necessarily, is not current and is provided for your reference only. We reserve the right to modify the contents of this site at any time, but we have no obligation to update any information on our site. You agree that it is your responsibility to monitor changes to our site.
Prices for our products are subject to change without notice.
We reserve the right at any time to modify or discontinue the Service (or any part or content thereof) without notice at any time.
We shall not be liable to you or to any third-party for any modification, price change, suspension or discontinuance of the Service.
Certain products or services may be available exclusively online through the website or our application. These products or services may have limited quantities and are subject to return or exchange only according to our Return Policy.
We reserve the right, but are not obligated, to limit the sales of our products or Services to any person, geographic region or jurisdiction. We may exercise this right on a case-by-case basis. We reserve the right to limit the quantities of any products or services that we offer. All descriptions of products or product pricing are subject to change at anytime without notice, at the sole discretion of us. We reserve the right to discontinue any product at any time. Any offer for any product or service made on this site is void where prohibited.
We do not warrant that the quality of any products, services, information, or other material purchased or obtained by you will meet your expectations, or that any errors in the Service will be corrected.
We reserve the right to refuse any order you place with us. We may, in our sole discretion, limit or cancel quantities purchased per person, per household or per order. These restrictions may include orders placed by or under the same customer account, the same credit card, and/or orders that use the same billing and/or shipping address. In the event that we make a change to or cancel an order, we may attempt to notify you by contacting the e-mail and/or billing address/phone number provided at the time the order was made. We reserve the right to limit or prohibit orders that, in our sole judgment, appear to be placed by dealers, resellers or distributors.
You agree to provide current, complete and accurate purchase and account information for all purchases made at our website or application. You agree to promptly update your account and other information, including your email address and credit card numbers and expiration dates, so that we can complete your transactions and contact you as needed.
We may provide you with access to third-party tools over which we neither monitor nor have any control nor input.
You acknowledge and agree that we provide access to such tools ”as is” and “as available” without any warranties, representations or conditions of any kind and without any endorsement. We shall have no liability whatsoever arising from or relating to your use of optional third-party tools.
Any use by you of optional tools offered through the site is entirely at your own risk and discretion and you should ensure that you are familiar with and approve of the terms on which tools are provided by the relevant third-party provider(s).
We may also, in the future, offer new services and/or features through the website or application (including, the release of new tools and resources). Such new features and/or services shall also be subject to these Terms of Service.
Certain content, products and services available via our Service may include materials from third-parties.
Third-party links on this site may direct you to third-party websites that are not affiliated with us. We are not responsible for examining or evaluating the content or accuracy and we do not warrant and will not have any liability or responsibility for any third-party materials or websites, or for any other materials, products, or services of third-parties.
We do not monitor or review the content of other party’s websites which are linked to from this website or application. Opinions expressed or material appearing on such websites are not necessarily shared or endorsed by us and should not be regarded as the publisher of such opinions or material. Please be aware that we are not responsible for the privacy practices, or content, of these sites. We encourage our users to be aware when they leave our site & to read the privacy statements of these sites. You should evaluate the security and trustworthiness of any other site connected to this site or accessed through this site yourself, before disclosing any personal information to them. This Company will not accept any responsibility for any loss or damage in whatever manner, howsoever caused, resulting from your disclosure to third parties of personal information.
We are not liable for any harm or damages related to the purchase or use of goods, services, resources, content, or any other transactions made in connection with any third-party websites. Please review carefully the third-party's policies and practices and make sure you understand them before you engage in any transaction. Complaints, claims, concerns, or questions regarding third-party products should be directed to the third-party.
If, at our request, you send certain specific submissions (for example contest entries) or without a request from us you send creative ideas, suggestions, proposals, plans, or other materials, whether online, by email, by postal mail, or otherwise (collectively, 'comments'), you agree that we may, at any time, without restriction, edit, copy, publish, distribute, translate and otherwise use in any medium any comments that you forward to us. We are and shall be under no obligation (1) to maintain any comments in confidence; (2) to pay compensation for any comments; or (3) to respond to any comments.
We may, but have no obligation to, monitor, edit or remove content that we determine in our sole discretion are unlawful, offensive, threatening, libelous, defamatory, pornographic, obscene or otherwise objectionable or violates any party’s intellectual property or these Terms of Service.
You agree that your comments will not violate any right of any third-party, including copyright, trademark, privacy, personality or other personal or proprietary right. You further agree that your comments will not contain libelous or otherwise unlawful, abusive or obscene material, or contain any computer virus or other malware that could in any way affect the operation of the Service or any related website or application. You may not use a false e-mail address, pretend to be someone other than yourself, or otherwise mislead us or third-parties as to the origin of any comments. You are solely responsible for any comments you make and their accuracy. We take no responsibility and assume no liability for any comments posted by you or any third-party.
Occasionally there may be information on our site or in the Service that contains typographical errors, inaccuracies or omissions that may relate to information services, product descriptions or content, pricing, promotions, offers, product shipping charges, transit times and availability. We reserve the right to correct any errors, inaccuracies or omissions, and to change or update information or cancel orders if any information in the Service or on any related website or application is inaccurate at any time without prior notice (including after you have submitted your order).
We undertake no obligation to update, amend or clarify information in the Service or on any related website or application, including without limitation, pricing information, except as required by law. No specified update or refresh date applied in the Service or on any related website or application, should be taken to indicate that all information in the Service or on any related website or application has been modified or updated.
In addition to other prohibitions as set forth in the Terms of Service, you are prohibited from using the site or its content: (a) for any unlawful purpose; (b) to solicit others to perform or participate in any unlawful acts; (c) to violate any international, federal, provincial or state regulations, rules, laws, or local ordinances; (d) to infringe upon or violate our intellectual property rights or the intellectual property rights of others; (e) to harass, abuse, insult, harm, defame, slander, disparage, intimidate, or discriminate based on gender, sexual orientation, religion, ethnicity, race, age, national origin, or disability; (f) to submit false or misleading information; (g) to upload or transmit viruses or any other type of malicious code that will or may be used in any way that will affect the functionality or operation of the Service or of any related website, other websites, other applications, or the Internet; (h) to collect or track the personal information of others; (i) to spam, phish, pharm, pretext, spider, crawl, or scrape; (j) for any obscene or immoral purpose; or (k) to interfere with or circumvent the security features of the Service or any related website, other websites, other applications, or the Internet. We reserve the right to terminate your use of the Service or any related website or application for violating any of the prohibited uses.
We do not guarantee, represent or warrant that your use of our service will be uninterrupted, timely, secure or error-free.
We make no warranties or representations about the accuracy or completeness of the Web Site’s content or the content of any Internet site linked to or from the Web Site.
We do not warrant that the results that may be obtained from the use of the service will be accurate or reliable.
You agree that from time to time we may remove the service for indefinite periods of time or cancel the service at any time, without notice to you.
You expressly agree that your use of, or inability to use, the service is at your sole risk. The service and all products and services delivered to you through the service are (except as expressly stated by us) provided 'as is' and 'as available' for your use, without any representation, warranties or conditions of any kind, either express or implied, including all implied warranties or conditions of merchantability, merchantable quality, fitness for a particular purpose, durability, title, and non-infringement.
In no case shall FORMULA STOCKS, our directors, officers, employees, affiliates, agents, contractors, interns, suppliers, service providers, subsidiaries or licensors be liable for any injury, loss, claim, or any direct, indirect, incidental, punitive, special, or consequential damages of any kind, including, without limitation lost profits, lost revenue, lost savings, loss of data, replacement costs, or any similar damages, whether based in contract, tort (including negligence), strict liability or otherwise, arising from your use of any of the service or any products procured using the service, or for any other claim related in any way to your use of the service or any product, including, but not limited to, any errors or omissions in any content, or any loss or damage of any kind incurred as a result of the use of the service or any content (or product) posted, transmitted, or otherwise made available via the service, even if advised of their possibility. Because some states, countries or jurisdictions do not allow the exclusion or the limitation of liability for consequential or incidental damages, in such states, countries or jurisdictions, our liability shall be limited to the maximum extent permitted by law.
YOUR USE OF THE WEB SITE IS AT YOUR OWN RISK. TO THE FULLEST EXTENT PERMITTED UNDER APPLICABLE LAW, YOU UNDERSTAND AND AGREE THAT NEITHER WE NOR ANY THIRD-PARTY CONTENT PROVIDERS SHALL BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, EXEMPLARY OR ANY OTHER DAMAGES RELATING TO OR RESULTING FROM YOUR USE OR INABILITY TO USE THE WEB SITE OR ANY OTHER SITE YOU ACCESS THROUGH A LINK FROM THE WEB SITE OR FROM ANY ACTIONS WE TAKE OR FAIL TO TAKE. THESE INCLUDE DAMAGES FOR ERRORS, OMISSIONS, INTERRUPTIONS, DEFECTS, DELAYS, COMPUTER VIRUSES, YOUR LOSS OF PROFITS, LOSS OF DATA, UNAUTHORIZED ACCESS TO AND ALTERATION OF YOUR TRANSMISSIONS AND DATA, AND OTHER TANGIBLE AND INTANGIBLE LOSSES. THIS LIMITATION APPLIES REGARDLESS WHETHER THE DAMAGES ARE CLAIMED UNDER THE TERMS OF A CONTRACT, AS A RESULT OF NEGLIGENCE OR OTHERWISE, AND EVEN IF OUR REPRESENTATIVES OR WE HAVE BEEN NEGLIGENT OR HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THESE LIMITATIONS SHALL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY.
In the event that any provision of these Terms of Service is determined to be unlawful, void or unenforceable, such provision shall nonetheless be enforceable to the fullest extent permitted by applicable law, and the unenforceable portion shall be deemed to be severed from these Terms of Service, such determination shall not affect the validity and enforceability of any other remaining provisions.
We may terminate or suspend access to our Service immediately, without prior notice or liability for any reason whatsoever, including without limitation if you breach the Terms.
The obligations and liabilities of the parties incurred prior to the termination date shall survive the termination of this agreement for all purposes.
All provisions of the Terms which by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity and limitations of liability.
A breach or violation of any of the Terms will result in an immediate termination of your Services.
If in our sole judgment you fail, or we suspect that you have failed, to comply with any term or provision of these Terms of Service, we also may terminate this agreement at any time without notice and you will remain liable for all amounts due up to and including the date of termination; and/or accordingly may deny you access to our Services (or any part thereof).
Client records are regarded as confidential and therefore will not be divulged to any third party, other than our suppliers or if legally required to do so to the appropriate authorities. Clients have the right to request sight of, and copies of any and all Client Records we keep, on the proviso that we are given reasonable notice of such a request. Clients are requested to retain copies of any literature issued in relation to the provision of our services. Where appropriate, we shall issue Client’s with appropriate written information, handouts or copies of records as part of an agreed contract, for the benefit of both parties.
We will not sell, share, or rent your personal information to any third party or use your e-mail address for unsolicited mail. Any emails sent by this Company will only be in connection with the provision of agreed services and products.
The information on this web site is provided on an "as is" basis. To the fullest extent permitted by law, this Company: § excludes all representations and warranties relating to this website or application and its contents or which is or may be provided by any affiliates or any other third party, including in relation to any inaccuracies or omissions in this website or application and/or the Company’s literature; and § excludes all liability for damages arising out of or in connection with your use of this website or application. This includes, without limitation, direct loss, loss of business or profits (whether or not the loss of such profits was foreseeable, arose in the normal course of things or you have advised this Company of the possibility of such potential loss), damage caused to your computer, computer software, systems and programs and the data thereon or any other direct or indirect, consequential and incidental damages. This Company does not however exclude liability for death or personal injury caused by its negligence. The above exclusions and limitations apply only to the extent permitted by law. None of your statutory rights as a consumer are affected.
By using the Service, you are consenting to have your personal data transferred to and processed by FORMULA STOCKS and its affiliates. As part of providing you the Service, we may need to provide you with certain communications, such as service announcements and administrative messages. These communications are considered part of the Service, which you may not be able to opt-out from receiving.
If our website, company or application is acquired or merged with another company, your information may be transferred to the new owners so that we may continue to sell products to you.
Both the Client and ourselves have the right to terminate any Services Agreement for any reason, including the ending of services that are already underway. No refunds shall be offered, where a Service is deemed to have begun and is, for all intents and purposes, underway. Any monies that have been paid to us which constitute payment in respect of the provision of unused Services, shall be refunded.
You agree to indemnify, defend and hold us and all of our affiliates, agents, directors, employees, information providers, licensors and licensees and officers (collectively, the “Indemnified Parties”) harmless from and against any and all liabilities and costs (including, without limitation, attorneys’ fees and costs) incurred by the Indemnified Parties in connection with any claim arising out of any breach by you of these Terms and Conditions or the representations, warranties and covenants contained herein. You will use your best efforts to cooperate with us in the defense of any claim. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you and you shall not in any event settle any matter without the written consent of us.
You are solely responsible for evaluating the fitness for a particular purpose of any downloads, programs, data, content, information and text available through this site. Redistribution or republication of any part of this site or its content is prohibited, including such by framing or other similar or any other means, without the express written consent of the Company. The Company does not warrant that the service from this site will be uninterrupted, timely or error free, although it is provided to the best ability. By using this service you thereby indemnify this Company, its employees, agents and affiliates against any loss or damage, in whatever manner, howsoever caused.
We use IP addresses to analyze trends, administer the site, track user’s movement, and gather broad demographic information for aggregate use. IP addresses are not linked to personally identifiable information. Additionally, for systems administration, detecting usage patterns and troubleshooting purposes, our web servers automatically log standard access information including browser type, access times/open mail, URL requested, and referral URL. This information is not shared with third parties and is used only within this Company on a need-to-know basis. Any individually identifiable information related to this data will never be used in any way different to that stated above without your explicit permission.
Like most interactive web sites this Company’s website [or ISP] uses cookies to enable us to retrieve user details for each visit. Cookies are used in some areas of our site to enable the functionality of this area and ease of use for those people visiting. Some of our affiliate partners may also use cookies.
Copyright and other relevant intellectual property rights exists on all text, images, charts and data relating to the Company’s services and the full content of this website or application.
Neither party shall be liable to the other for any failure to perform any obligation under any Agreement which is due to an event beyond the control of such party including but not limited to terrorism, war, political insurgence, insurrection, riot, civil unrest, act of civil or military authority, uprising, earthquake, flood or any other natural or man made eventuality outside of our control, which causes the termination of an agreement or contract entered into, nor which could have been reasonably foreseen. Any Party affected by such event shall forthwith inform the other Party of the same and shall use all reasonable endeavors to comply with the terms and conditions of any Agreement contained herein.
Failure of either Party to insist upon strict performance of any provision of this or any Agreement or the failure of either Party to exercise any right or remedy to which it, he or they are entitled hereunder shall not constitute a waiver thereof and shall not cause a diminution of the obligations under this or any Agreement. No waiver of any of the provisions of this or any Agreement shall be effective unless it is expressly stated to be such and signed by both Parties.
These terms of use shall be governed by and construed in accordance with the laws of Denmark, without giving effect to any principles of conflicts of law. You agree that any action at law or in equity arising out of or relating to these terms of use shall be filed only in the courts located in Denmark, and you hereby consent and submit to the personal jurisdiction of such courts for the purposes of litigating any such action. We recognize that it is possible for you to obtain access to the Web Site from any jurisdiction in the world, but we have no practical ability to prevent such access. The Web Site has been designed to comply with the laws of Denmark. If any material on the Web Site, or your use of the Web Site, is contrary to the laws of the place where you are when you access it, the Web Site is not intended for you, and we ask you not to use the Web Site. You are responsible for informing yourself of the laws of your jurisdiction and complying with them. Some products and services may not be available in all jurisdictions. If any of these terms are deemed invalid or unenforceable for any reason (including, but not limited to the exclusions and limitations set out above), then the invalid or unenforceable provision will be severed from these terms and the remaining terms will continue to apply. Failure of the Company to enforce any of the provisions set out in these Terms of Use and any Agreement, or failure to exercise any option to terminate, shall not be construed as waiver of such provisions and shall not affect the validity of these Terms of Use or of any Agreement or any part thereof, or the right thereafter to enforce each and every provision. These Terms of Use shall not be amended, modified, varied or supplemented except in writing and signed by duly authorized representatives of the company.
These Terms, including any legal notices and disclaimers contained on this Website or application, constitute the entire agreement between FORMULA STOCKS and you in relation to your use of this Website or application, and supersede all prior agreements and understandings with respect to the same.
We reserve the right, at our sole discretion, to update, add to, change or replace any part of these Terms of Service by posting updates and changes to our website. It is your responsibility to check our website periodically for changes. Your continued use of or access to our website or the Service following the posting of any changes to these Terms of Service constitutes acceptance of those changes. You are therefore advised to re-read this statement on a regular basis.
Questions about the Terms of Service should be sent to us at info@formulastocks.com.
These terms of use form part of the Agreement between the Client and ourselves. Your accessing of this website and/or undertaking of a booking or Agreement indicates your understanding, agreement to and acceptance, of the Disclaimer Notice and the full Terms of Use contained herein. Your statutory Consumer Rights are unaffected.
© Formula Stocks ApS 2017 All Rights Reserved