Common use of Notice of Errors Clause in Contracts

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its receives to determine whether the Commodities trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material error.

Appears in 12 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series E), Advisory Agreement (Diversified Futures Fund L.P.), Advisory Agreement (World Monitor Trust Ii Series F)

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Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Managing Owner of this fact, and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 9 contracts

Samples: Advisory Agreement (Diversified Futures Trust I), Advisory Agreement (Prudential Securities Strategic Trust), Prudential Securities Strategic Trust Advisory Agreement (Willowbridge Strategic Trust)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Partnership of this fact, and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 4 contracts

Samples: Advisory Agreement (Prudential Securities Aggressive Growth Fund Lp), Advisory Agreement Advisory Agreement (Prudential Bache Optimax Futures Fund Lp), Advisory Agreement (Prudential Bache Capital Return Futures Fund 2 L P)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Trust of this fact, and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 3 contracts

Samples: Advisory Agreement (Willowbridge Strategic Trust), Advisory Agreement (Diversified Futures Trust I), Advisory Agreement (Diversified Futures Trust I)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its receives to determine whether the Commodities trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall promptly notify the Company of this fact and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 3 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series D), Advisory Agreement (World Monitor Trust Series A), Advisory Agreement (World Monitor Trust Ii Series F)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Managing Owner of this fact and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 3 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series E), Advisory Agreement (World Monitor Trust Ii Series F), Advisory Agreement (World Monitor Trust III)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall promptly notify Series J of this fact and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 3 contracts

Samples: Amended and Restated Advisory Agreement (World Monitor Trust III - Series J), Advisory Agreement (World Monitor Trust III - Series J), Advisory Agreement (World Monitor Trust III - Series J)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall promptly notify Series J of this fact and shall utilize its commercially reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 3 contracts

Samples: Advisory Agreement (WMT III Series G/J Trading Vehicle LLC), Advisory Agreement (World Monitor Trust III - Series J), Representation Agreement (World Monitor Trust III - Series J)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall promptly notify KMPFF of this fact and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series E), Advisory Agreement (KMP Futures Fund I LLC)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Managing Owner of this fact and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust Ii Series D), Advisory Agreement (World Monitor Trust III)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Trading Vehicle of this fact and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 2 contracts

Samples: Advisory Agreement (World Monitor Trust III), Advisory Agreement (World Monitor Trust III)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities Financial Instruments trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall promptly notify Series J of this fact and shall utilize its commercially reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 2 contracts

Samples: Amended and Restated Advisory Agreement (World Monitor Trust III - Series J), Advisory Agreement (WMT III Series G/J Trading Vehicle LLC)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Managing Owner of this fact and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust Ii Series F)

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Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an a material error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall promptly notify the Client of this fact and shall utilize its commercially reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III - Series J)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Trading Vehicle of this fact and shall utilize its commercially reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an a material error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall promptly notify Series J of this fact and shall utilize its commercially reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 1 contract

Samples: Advisory Agreement (World Monitor Trust III - Series J)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Managing Owner of this fact, and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material error.corrected. (h)

Appears in 1 contract

Samples: World Monitor Trust (World Monitor Trust Series A)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material error.an

Appears in 1 contract

Samples: Advisory Agreement Advisory Agreement (Prudential Bache Capital Return Futures Fund 2 L P)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its he receives to determine whether that the Commodities trades were made in accordance with the Advisor’s 's instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s 's instructions, the Advisor shall promptly notify the Partnership of this fact, and shall utilize its his reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 1 contract

Samples: Advisory Agreement (Prudential Bache Capital Return Futures Fund 3 L P)

Notice of Errors. The Advisor is responsible for promptly reviewing all oral and written confirmations its it receives to determine whether that the Commodities trades were made in accordance with the Advisor’s instructions. If the Advisor determines that an error was made in connection with a trade or that a trade was made other than in accordance with the Advisor’s instructions, the Advisor shall promptly notify the Trading Vehicle of this fact and shall utilize its reasonable best efforts to cause the error or discrepancy to be corrected and where the error is deemed material promptly notify the Company of the material errorcorrected.

Appears in 1 contract

Samples: Advisory Agreement (Futures Strategic Trust)

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