Common use of Modifications and Cancellations Clause in Contracts

Modifications and Cancellations. Renaissance has no obligation to accept, execute, modify, replace or cancel, all or any part of any Electronic Transaction that the Customer seeks to execute, amend or cancel through either the Order Routing Service or the Order Execution Service or otherwise. Without limitation of the foregoing, Renaissance (i) shall have no responsibility for transmissions that are inaccurate or not received by it, and (ii) may execute any Electronic Transaction on the terms actually received by it. It shall, however, use its commercially reasonable efforts to carry out any instruction received by it through an Electronic Trading Service to cancel, modify or replace an order where reasonably practicable.

Modifications and Cancellations. Renaissance has no obligation to accept, execute, modify, replace or cancel, all or any part of any an Electronic Transaction that the Customer seeks to execute, amend or cancel through either the Order Routing Service or the Order Execution Service or otherwise. Without limitation of the foregoing, Renaissance (i) shall have has no responsibility for transmissions that are inaccurate or not received by it, and (ii) may execute any Electronic Transaction on the terms actually received by it. It shall, however, use its commercially reasonable efforts to carry out any instruction received by it through an Electronic Trading Service to cancel, modify or replace an order where reasonably practicable.