Common use of ERRORS AND CHANGES Clause in Contracts

ERRORS AND CHANGES. No rights can be derived from errors in communications (for example in transaction statements). Neither you, nor we have the right to derive advantage or profit from errors in the trading system. In the event that an error occurs, both you and we agree that reasonable adjustments may be carried out to remedy the error to arrive at the situation as if this error had not been made and in order to ensure that trading is carried out fairly for both parties. Only Open orders can be changed. Orders that have been executed or processed are binding and cannot be changed in any circumstances.

Appears in 4 contracts

Samples: Depository Online Agreement, Depository Online Agreement, Depository Online Agreement

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ERRORS AND CHANGES. (a) No rights can be derived from errors in communications (for example in transaction statements). . (b) Neither you, nor we have the right to derive advantage or profit from errors in the trading system. In the event that an error occurs, both you and we agree that reasonable adjustments may be carried out to remedy the error to arrive at the situation as if this error had not been made and in order to ensure that trading is carried out fairly for both parties. . (c) Only Open open orders can be changed. Orders that have been executed or processed are binding and cannot be changed in any circumstances.

Appears in 1 contract

Samples: Depository Online Agreement

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