Common use of Acknowledgment of Obligations Clause in Contracts

Acknowledgment of Obligations. Member acknowledges and agrees that the Exchange may, when required to do so in fulfilment of its statutory or regulatory obligations and in accordance with Exchange Requirements, temporarily or permanently, unilaterally condition, modify, suspend or terminate the right of any and all Persons, including Member, to receive or use any of the Services or access or use the Exchange Systems. The Exchange shall undertake reasonable efforts to notify Member of any such condition, modification, suspension or termination, and Member shall promptly comply with any requirement that may be contained in such notice within such period of time as may be determined in good faith by the Exchange to be necessary and consistent with its statutory and regulatory obligations.

Acknowledgment of Obligations. Member acknowledges and agrees that the Exchange may, when required to do so in fulfilment of its statutory or regulatory obligations and in accordance with Exchange Requirements, temporarily or permanently, unilaterally condition, modify, suspend suspend, limit, or terminate the right of any and all Persons, including MemberMember and any of its DEA Clients, to receive or use any of the Services or access or use the Exchange Systems. The Exchange shall undertake reasonable efforts to notify Member of any such condition, modification, suspension suspension, limitation, or termination, and Member shall promptly comply with any requirement that may be contained in such notice within such period of time as may be determined in good faith by the Exchange to be necessary and consistent with its statutory and regulatory obligations.