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Legal Disclaimer

Version dated 14/10/2020

1 Presentation

  • WACC, a private limited company (société à responsabilité limitée), incorporated under Luxembourg law, having its registered office at Grand Rue 30, Luxembourg, L-1660 (Luxembourg) and registered with the company number B225408 (the « Company« )
  • Service: business administration  (the « Service« )
  • Customer: the customer of the Service (the « Customer« )
  • Website: www.wacc.lu (the « Website« )

2 Information and data on the Website

2.1 Any user of the Website acknowledges that the Website can be accessed from anywhere in the world and that it is the responsibility of any user connecting to the Website to comply with the laws applicable to the country in which the user is resident. The user will bear any direct or indirect consequences resulting from non-compliance with such applicable laws and will hold the Company harmless under any circumstances from any liability as a result of a breach of such laws.

2.2 The information and data set out on the Website have been obtained from sources believed to be reliable but they are not guaranteed. All such information and data are subject to change without notice and are not intended to be a guarantee of future events. The Company does not warrant the accuracy or completeness of such information and data. The user of the Website will hold the Company harmless of any liability arising from errors or omissions on the Website.

2.3 Any information set out on the Website is provided for information purposes only and may in no event be construed as a solicitation or offer, as advice or as a recommendation to buy, sell or engage in any transaction whatsoever.

3 Service

3.1 The Customer acknowledges that:

  • the information provided by the Company as part of the Service may in no event be construed as a solicitation or offer, as advice or as a recommendation to buy or sell a product, a service or a security, or to engage in any transaction whatsoever, notwithstanding such information relating to a company described or referred to on the Website;
  • past performance does not guarantee future results and that due to the risks inherent to the financial markets, the information provided on the Website is intended to be read by persons with the appropriate level of knowledge of these markets;
  • the information provided by the Company as part of the Service cannot be construed as legal, accounting or tax advice;
  • it is aware of the applicable taxes, commissions and other transaction costs that may be borne as a result of making any investment;
  • it is acting in accordance with its personal investment policy and that it assumes in full all the risks inherent in the investments that it takes on the basis of the information provided by the Company including market risk, currency risk, counterparty risk (e.g. risk of the debtor defaulting, etc.), convertibility risk and country risk (e.g. risk of breach of applicable laws).

3.2 The Customer will hold the Company harmless from any liability:

  • with regard to the quality and performance of investments that the Customer made by relying in whole or in part on the information provided by the Company;
  • as a result of the Customer’s reliance on the information provided by the Company or any decisions made on the basis of such information.

3.3 The Customer declares that:

  • it is an informed investor;
  • it will make their own investment decisions based on their specific investment objectives and financial position and using such independent advisors as it believes necessary;
  • it accepts all material losses incurred as a result of the non-performance of the investments that it made by relying in whole or in part on the information provided by the Company.

4 Intellectual Property

4.1 The Customer acknowledges that all elements made available by the Company to the Customer (e.g. texts, images, photos, logos, databases, the interface of the Website, etc.) may be protected by one or more intellectual property rights (including copyright, trademark rights and rights related to the production of databases) of which the Company is the holder. The Customer must refrain from using or reproducing these elements and deleting or adapting any references to associated intellectual property rights.

5 Modifications

5.1 The Company reserves the right to modify at any time all or part of the provisions of the Legal Disclaimer by making available on the Website a new version of the Legal Disclaimer.

6 Applicable law and competent jurisdiction

6.1 Any dispute arising out of, or in connection with, the formation, interpretation, execution or termination of the Agreement will be settled in accordance with the laws of the Grand Duchy of Luxembourg and will be submitted to the exclusive jurisdiction of the commercial court competent for the district where the Company’s registered office is located.