6.1. Mutual guarantee. Each party represents and warrants that it is properly organized, that it exists in due form and that it is well respected in accordance with the laws of its place of creation or foundation; (ii) has the power to conclude this Agreement and to fulfil its obligations and to grant the rights and licences provided for therein; and (iii) in entering into this Agreement, no prior agreement or commitment shall be incurred between it and any third party. You can make any contract a framework contract. The agreement must provide that it governs the operations of the parties. The Framework Agreement also helps to reduce litigation by providing significant resources that define its terms and declare the intent of the treaty, thus preventing the commencement of disputes and providing a neutral resource for the interpretation of standard contractual terms. Finally, the framework contract significantly helps the parties to manage risks and loans. The main credit support documents subject to UK law are the 1995 Credit Support Annex, the 1995 Credit Support Deed and the 2016 Credit Support Annex for Variation Margin. Support credits ancillary to English law provide guarantees for the transfer of ownership, while English Credit Support Deed provides for the granting of a guarantee right on the transferred guarantees.

The Credit Support Annex 2016 for Variation Margin was specifically introduced to enable parties to meet their Margin Variation exchange obligations in compliance with margin rules worldwide, including EMIR in Europe and Dodd-Frank in the United States of America. The annexes to credit assistance under English law are confirmations and the transactions they constitute are transactions under the framework agreement and therefore form part of the special contract with the framework agreement. On the other hand, the English Credit Support Deed is a separate agreement between the parties. 12.14. Global Agreement. This Agreement, the Terms of Use or other applicable terms together form the entire understanding of the parties with respect to the subject matter of the Contract and supersede all prior and simultaneous written and oral agreements regarding the Subject Matter. No changes to this agreement are binding on Cyber City, unless written in writing and generated directly by Cyber City in an order or signed by Cyber City. Any inconsistent or additional conditions contained in orders, sales confirmations or other communications from the customer are considered substantial changes to which Cyber City expressly opposes. The execution of an order by Cyber City does not constitute acceptance of such additional or inconsistent terms. The framework contract is the central document around which the rest of ISDA`s documentary structure is built.

The pre-printed framework contract is never modified, except to insert the names of the parties, but is adapted to the framework agreement through the use of the calendar, a document containing elections, additions and amendments to the framework agreement. 1.9. Use of Third Party Technologies. Certain services may include or permit the use of third-party technologies whose use is subject to those third parties` license terms. These conditions are included as appendices to the terms of use and the use of a service by the customer is considered an explicit consent of the customer to all applicable conditions. With respect to all such third-party technologies: (i) they are provided by Cyber City on an “AS IS” basis, without any warranty, and (ii) Cyber City is not liable for damages of any kind, including direct, indirect, random, special, exemplary, punitive or consequential damages, nor will Cyber City compensate the customer for claims related to third-party technologies…