Common use of Action contrary to law Clause in Contracts

Action contrary to law. No Agent shall be obliged to do anything that would or might in its opinion be contrary to any law of any jurisdiction or any directive or regulation of any agency of any state or which would or might otherwise render it liable to any person or cause it to act in a manner which might prejudice its interests and may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.

Appears in 2 contracts

Samples: Paying Agency Agreement, corporatebe.webuildgroup.com

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Action contrary to law. No Each Agent shall be obliged to do may refrain from doing anything that would or might in its opinion be contrary to any law of any jurisdiction or any directive or regulation of any agency of any state or which would or might otherwise render it liable to any person or cause it to act in a manner which might prejudice its interests and may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.

Appears in 1 contract

Samples: Agency Agreement

Action contrary to law. No Agent shall be obliged to do anything that would or might in its opinion be contrary to any law of any jurisdiction or any internal policies or regulations relating to KYC or anti-money laundering or any directive or regulation of any agency of any state or which would or might otherwise render it liable to any person or cause it to act in a manner which might prejudice its interests and may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.

Appears in 1 contract

Samples: 2022 Agency Agreement

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Action contrary to law. No Agent shall be obliged under any obligation to do anything that would or might in its opinion opinion, acting reasonably, be contrary to any law of any jurisdiction or any directive or regulation of any agency of any state or any internal policies relating to ‘know your client’ or anti money laundering or which would or might otherwise render it liable to any person or cause it to act in a manner which might prejudice its interests and may do anything which is, in its opinion, acting reasonably, necessary to comply with any such law, directive or regulation.

Appears in 1 contract

Samples: Agency Agreement

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