Common use of Applicable Rules and Regulations Clause in Contracts

Applicable Rules and Regulations. The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for Xxxx'x protection and Xxxx'x failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. Xxxx shall not be liable to Customer as a result of any action by Xxxx, its officers, directors, employees or agents to comply with any rule or regulation.

Appears in 20 contracts

Samples: Customer Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Customer Agreement (Dean Witter Spectrum Select Lp), Customer Agreement (Witter Dean Diversified Futures Fund Iii L P)

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Applicable Rules and Regulations. The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for Xxxx'x Carr's protection and Xxxx'x Carr's failure to comply therewith shall xxxxl not constitute a breach xxxxxh of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. Xxxx Carr shall not be liable to Customer as a result of any action actxxx by XxxxCarr, its officers, directors, employees or agents to comply with compxx xith any rule or regulation.

Appears in 3 contracts

Samples: Customer Agreement (Witter Dean Cornerstone Fund Iv), Customer Agreement (Witter Dean Spectrum Strategic Lp), Customer Agreement (DWFCM International Access Fund Lp)

Applicable Rules and Regulations. The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for Xxxx'x Carr's protection and Xxxx'x Carr's failure to comply therewith shall not shxxx xxt constitute a breach of this xx xxxs Agreement or relieve Customer of any obligation or responsibility under this Agreement. Xxxx Carr shall not be liable to Customer as a result of any action by Xxxxactiox xx Carr, its officers, directors, employees or agents to comply with any xny rule or regulation.

Appears in 3 contracts

Samples: Customer Agreement (Witter Dean Cornerstone Fund Iv), Customer Agreement (Witter Dean Cornerstone Fund Iii), Customer Agreement (Witter Dean Cornerstone Fund Ii)

Applicable Rules and Regulations. The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for Xxxx'x Carr's protection and Xxxx'x failure Carr's xxxxxxe to comply therewith therexxxx shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. Xxxx Carr shall not be liable to liablx xx Customer as a result of any action by XxxxCarr, its officers, directorsdixxxxors, employees or agents to comply with any rule or regulation.

Appears in 1 contract

Samples: Customer Agreement (Witter Dean Diversified Futures Fund Iii L P)

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Applicable Rules and Regulations. The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization or clearing house (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for Xxxx'x protection and Xxxx'x failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. Xxxx shall not be liable to Customer as a result of any action or omission by Xxxx, its officers, directors, employees or agents to comply com­ply with any rule or regulationexchange rule.

Appears in 1 contract

Samples: Futures Account Agreement (Sage Fund Lp)

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