Termination – A termination fee of EUR720 per entity shall be payable by the client to IFSA EXPERTS CORP. upon the client notifying us that management of the client’s entity or entities is to be transferred to another corporate services provider. The said termination fee will be charged in addition to any disbursements or other fees due and payable at the time of termination.
LIMITED LIABILITY POLICY
The Client shall at all times indemnify and keep IFSA and its Officers and employees harmless and indemnified:
i. against all actions, suits, proceedings, claims, demands, costs, charges, expenses and liabilities (including legal fees), which may arise or be incurred, commenced or threatened against IFSA and/or their officers in relation to the Entity or the Client’s instructions;
ii. in respect of any failure by IFSA to comply, wholly or partially, with any instruction, order or request made by the Client, or any errors or incomplete instructions or requests received by IFSA from the Client;
iii. in respect of any penalties, fines, fees or other liabilities incurred by the Client and/or the Entity related to the Entity and/or to the Services.
This indemnity is without prejudice to any other indemnity and/or remedy in favour of IFSA and/or their officers, employees, agents or successors. The termination of this Agreement or any Service provided by IFSA shall not relieve the Client of his obligations to indemnify IFSA.
You, as the client limit the liability of IFSA to the services, work and goods ordered and paid for.
IFSA and you, as the client agree that we will not be involved into use of any services, work and goods, that we have no personal interest, insight, control or influence into your business operations.
You, as the client indemnifies us from any and all liability resulting from using the services, work and goods, not limited to but especially from operating companies. In case of disputes between us and you, as the client, you agree the maximum extent of damage is limited by the order value, and cannot exceed EUR 6,000.
IFSA expressly disclaims any liability to the Client, the Entity and any third party associated with them for any damage or loss to any of them arising from the establishment, acquisition or operation of the Entity and/or the provision of Services by or to the Client, the Entity or any other person.
IFSA will not be liable (whether in contract, tort or otherwise, including breach of statutory duty) in connection with the provision of Services for any consequential loss however incurred, including without limitation loss of profit, business or anticipated savings of the Client.
IFSA will not incur any liability for any failure to comply with any request, instruction or order of the Client, which is not received, or which is incomplete, ambiguous and illegible or lacks, in the opinion of IFSA, authority on the part of the person giving it.
IFSA will not be liable for the acts or omissions or negligence of any person or entity which is appointed or designated as director, shareholder, officer, employee, agent, individual, trustee, manager, signatory or holder of a power of attorney with respect to the Entity or other person or body associated with the Entity.