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 DWR's protection and DWR's failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. DWR shall not be liable to Customer as a result of any action by DWR, its officers, directors, employees or agents to comply with any rule or regulation.

Appears in 66 contracts

Samples: Customer Agreement (Morgan Stanley Dean Witter Spectrum Select Lp), Escrow Agreement (Morgan Stanley Dean Witter Charter Grahm Lp), Customer Agreement (Morgan Stanley Dean Witter Spectrum Technical Lp)

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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 DWR's Xxxx'x protection and DWR's 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. DWR Xxxx shall not be liable to Customer as a result of any action by DWRXxxx, 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 (Witter Dean Diversified Futures Fund Lp), Customer Agreement (Witter Dean Spectrum Technical Lp)

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