Distributor Responsibility for Duplicate Instructions. Unless specifically requested to do so by the Manufacturer, a Distributor will not send Documentation to the Manufacturer in respect of any Specified Instruction. If this requirement is not complied with for any reason and the Manufacturer duplicates an order as a result of receiving Documentation in addition to the electronic transmission of trades with respect to a Specified Instruction, the Distributor will accept liability for any losses incurred by the client, the Funds or the Manufacturer and will pay the amount of such losses to the Manufacturer.
Appears in 2 contracts
Sources: Electronic Processing Agreement, Electronic Processing Agreement