Terms of use / disclaimer

By accessing this website ("LEMANIK SA Website") you agree to be legally bound by these terms of use / disclaimer ("Terms of Use"). Please also consult the applicable additional legal information for your relevant country.

If you do not agree to these Terms of Use, do not proceed to further web pages of the LEMANIK SA Website.
These Terms of Use as well as the information and materials contained in the LEMANIK SA Website are subject to change from time to time without notice.

Access Subject to Local Restrictions

The LEMANIK SA Website and all information and functionality contained within it are not directed at or intended for use by any person resident or located in any jurisdiction where (1) the distribution of such information or functionality is contrary to the laws of such jurisdiction or (2) such distribution is prohibited without obtaining the necessary licenses or authorisations by the relevant branch, subsidiary or affiliate office of LEMANIK SA and such licenses or authorisations have not been obtained.

Services and Products

Products and services displayed on the LEMANIK SA Website may not be eligible for sale or available to residents of certain countries or certain categories of investors. Please consult the applicable terms and conditions such as sales restrictions or key specific notes for further information.

Any materials available on the LEMANIK SA Website have no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Any report available on the LEMANIK SA Website is published for information purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Unless specifically stated otherwise, all price information is indicative only. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the materials, nor are they a complete statement of the securities, markets or developments referred to herein. The materials should not be regarded by recipients as a substitute for the exercise of their own judgement. Any opinions are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or groups of LEMANIK SA as a result of using different assumptions and criteria. LEMANIK SA is not under any obligation to update or keep current the information contained herein.

No Offer

The information contained in the LEMANIK SA Website is just for informational purposes. No information published on the LEMANIK SA Website constitutes a solicitation, an offer, or a recommendation to buy or sell any investment instruments, to effect any transactions, or to conclude any legal act of any kind whatsoever.

LEMANIK SA does not intend to provide investment, legal or tax advice through the LEMANIK SA Website and does not represent that any securities or services discussed are suitable for any investor.

When making a decision about your investments, you should seek the advice of a professional financial advisor.

Forward Looking Statements

The LEMANIK SA Website may contain statements that constitute "forward looking statements". While these forward looking statements may represent LEMANIK SA’ judgment and future expectations, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from LEMANIK SA’ expectations. LEMANIK SA is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward looking statements whether as a result of new information, future events, or otherwise.

No Warranty

The information and materials contained on the LEMANIK SA Website are provided "as is" and "as available". LEMANIK SA makes no representations or warranties of any kind, either express or implied, with respect to the information and functionality contained in the LEMANIK SA Website, including but not limited to warranties of title, non-infringement, merchantability or fitness for a particular purpose. Without limiting the foregoing, LEMANIK SA does not warrant the accuracy, timeliness, completeness, reliability or availability of the LEMANIK SA Website or the information or results obtained from use of the LEMANIK SA Website, or that the LEMANIK SA Website is virus-free or error-free.

No Liability

To the fullest extent permitted by law, in no event shall LEMANIK SA or any of its directors, employees or agents have any liability whatsoever to any person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or related to the use of all or part of these web pages, even if LEMANIK SA has been advised of the possibility of the same.

Links

The LEMANIK SA Website may contain third party content or links to third party websites. These content and links are provided solely for your convenience and information. LEMANIK SA has no control over, does not assume any responsibility for and does not make any warranties or representations as to, any third party content or websites, including but not limited to, the accuracy, subject matter, quality or timeliness. LEMANIK SA shall have no liability for third party content or websites or websites linking to or framing the LEMANIK SA Website.

Intellectual Property Rights

LEMANIK SA, or the applicable third party owner, retains all right, title and interest (including copyrights, trademarks, patents, as well as any other intellectual property or other right) in all information and content (including all text, data, graphics and logos) on the LEMANIK SA Website. Individual pages and/or sections of the LEMANIK SA Website may be printed for personal or internal use only, and provided that such print outs retain all applicable copyright or other proprietary notices. All users must not, without limitation, modify, copy, transmit, distribute, display, perform, reproduce, publish, license, frame, create derivative works from, transfer or otherwise use in any other way for commercial or public purposes in whole or in part any information, text, graphics, images, video clips, directories, databases, listings or software obtained from the LEMANIK SA Website without the prior written permission of LEMANIK SA. Systematic retrieval of content from the LEMANIK SA Website to create or compile, directly or indirectly, a collection, compilation, database or directory (whether through robots, spiders, automatic devices or manual processes) or creating links to the LEMANIK SA Website without written permission from LEMANIK SA is prohibited.

Severability Clause

To the extent that any provision of these Terms of Use is found by any competent court or authority to be invalid, unlawful or unenforceable in any jurisdiction, that provision shall be deemed not to be part of this disclaimer but such finding shall not affect the validity, lawfulness or enforceability of the remainder of these Terms of Use in that jurisdiction, nor shall it affect the validity, lawfulness or enforceability of these Terms of Use in any other jurisdiction.

Conflict with Additional Terms

Certain web pages or areas on the LEMANIK SA Website may contain additional terms, conditions, disclosures and disclaimers (together “Additional Terms”). In the event of a conflict between these Terms of Use and the Additional Terms, the Additional Terms will govern for those web pages or areas.

Last update on 28^th February 2011.


	Terms of use / disclaimer By accessing this website ("LEMANIK SA Website") you agree to be legally bound by these terms of use / disclaimer ("Terms of Use"). Please also consult the applicable additional legal information for your relevant country. If you do not agree to these Terms of Use, do not proceed to further web pages of the LEMANIK SA Website. These Terms of Use as well as the information and materials contained in the LEMANIK SA Website are subject to change from time to time without notice. Access Subject to Local Restrictions The LEMANIK SA Website and all information and functionality contained within it are not directed at or intended for use by any person resident or located in any jurisdiction where (1) the distribution of such information or functionality is contrary to the laws of such jurisdiction or (2) such distribution is prohibited without obtaining the necessary licenses or authorisations by the relevant branch, subsidiary or affiliate office of LEMANIK SA and such licenses or authorisations have not been obtained. Services and Products Products and services displayed on the LEMANIK SA Website may not be eligible for sale or available to residents of certain countries or certain categories of investors. Please consult the applicable terms and conditions such as sales restrictions or key specific notes for further information. Any materials available on the LEMANIK SA Website have no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. Any report available on the LEMANIK SA Website is published for information purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Unless specifically stated otherwise, all price information is indicative only. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the materials, nor are they a complete statement of the securities, markets or developments referred to herein. The materials should not be regarded by recipients as a substitute for the exercise of their own judgement. Any opinions are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or groups of LEMANIK SA as a result of using different assumptions and criteria. LEMANIK SA is not under any obligation to update or keep current the information contained herein. No Offer The information contained in the LEMANIK SA Website is just for informational purposes. No information published on the LEMANIK SA Website constitutes a solicitation, an offer, or a recommendation to buy or sell any investment instruments, to effect any transactions, or to conclude any legal act of any kind whatsoever. LEMANIK SA does not intend to provide investment, legal or tax advice through the LEMANIK SA Website and does not represent that any securities or services discussed are suitable for any investor. When making a decision about your investments, you should seek the advice of a professional financial advisor. Forward Looking Statements The LEMANIK SA Website may contain statements that constitute "forward looking statements". While these forward looking statements may represent LEMANIK SA’ judgment and future expectations, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from LEMANIK SA’ expectations. LEMANIK SA is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward looking statements whether as a result of new information, future events, or otherwise. No Warranty The information and materials contained on the LEMANIK SA Website are provided "as is" and "as available". LEMANIK SA makes no representations or warranties of any kind, either express or implied, with respect to the information and functionality contained in the LEMANIK SA Website, including but not limited to warranties of title, non-infringement, merchantability or fitness for a particular purpose. Without limiting the foregoing, LEMANIK SA does not warrant the accuracy, timeliness, completeness, reliability or availability of the LEMANIK SA Website or the information or results obtained from use of the LEMANIK SA Website, or that the LEMANIK SA Website is virus-free or error-free. No Liability To the fullest extent permitted by law, in no event shall LEMANIK SA or any of its directors, employees or agents have any liability whatsoever to any person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including negligence, or otherwise, arising out of or related to the use of all or part of these web pages, even if LEMANIK SA has been advised of the possibility of the same. Links The LEMANIK SA Website may contain third party content or links to third party websites. These content and links are provided solely for your convenience and information. LEMANIK SA has no control over, does not assume any responsibility for and does not make any warranties or representations as to, any third party content or websites, including but not limited to, the accuracy, subject matter, quality or timeliness. LEMANIK SA shall have no liability for third party content or websites or websites linking to or framing the LEMANIK SA Website. Intellectual Property Rights LEMANIK SA, or the applicable third party owner, retains all right, title and interest (including copyrights, trademarks, patents, as well as any other intellectual property or other right) in all information and content (including all text, data, graphics and logos) on the LEMANIK SA Website. Individual pages and/or sections of the LEMANIK SA Website may be printed for personal or internal use only, and provided that such print outs retain all applicable copyright or other proprietary notices. All users must not, without limitation, modify, copy, transmit, distribute, display, perform, reproduce, publish, license, frame, create derivative works from, transfer or otherwise use in any other way for commercial or public purposes in whole or in part any information, text, graphics, images, video clips, directories, databases, listings or software obtained from the LEMANIK SA Website without the prior written permission of LEMANIK SA. Systematic retrieval of content from the LEMANIK SA Website to create or compile, directly or indirectly, a collection, compilation, database or directory (whether through robots, spiders, automatic devices or manual processes) or creating links to the LEMANIK SA Website without written permission from LEMANIK SA is prohibited. Severability Clause To the extent that any provision of these Terms of Use is found by any competent court or authority to be invalid, unlawful or unenforceable in any jurisdiction, that provision shall be deemed not to be part of this disclaimer but such finding shall not affect the validity, lawfulness or enforceability of the remainder of these Terms of Use in that jurisdiction, nor shall it affect the validity, lawfulness or enforceability of these Terms of Use in any other jurisdiction. Conflict with Additional Terms Certain web pages or areas on the LEMANIK SA Website may contain additional terms, conditions, disclosures and disclaimers (together “Additional Terms”). In the event of a conflict between these Terms of Use and the Additional Terms, the Additional Terms will govern for those web pages or areas. Last update on 28^th February 2011. © Lemanik SA 2011. All rights reserved.