Common use of Extraordinary Events Clause in Contracts

Extraordinary Events. Customer agrees that ▇▇▇▇ shall have no liability for damages, claims, losses or expenses caused by any errors, omissions or delays resulting from an act, condition or cause beyond the reasonable control of ▇▇▇▇, including, but not limited to: war; insurrection; riot; strike; act of God; fire; flood; extraordinary weather conditions; accident; action of government authority; action of exchange, clearinghouse or clearing organization; communications or power failure; equipment or software malfunction; error, omission or delay in the report of transactions; prices, exchange rates or other market or transaction information; or the insolvency, bankruptcy, receivership, liquidation or other financial difficulty of any bank, clearing broker, exchange, market, clearinghouse or clearing organization.

Appears in 20 contracts

Sources: Customer Agreement (Morgan Stanley Dean Witter Charter Millburn Lp), Customer Agreement (Dean Witter Portfolio Strategy Fund Lp), Customer Agreement (Witter Dean Select Futures Fund Lp)