Common use of Amendment Caused by Changes to Law Clause in Contracts

Amendment Caused by Changes to Law. In the event performance of any Service provided herein in accordance with the terms of this Agreement would result in a violation of any present or future statute, regulations or government policy to which Bank is subject, and which governs or affects the transactions contemplated by this Agreement, then this Agreement will be deemed amended to the extent necessary to comply with such statute, regulation or policy, and Bank will incur no liability to Customer as a result of such violation or amendment.

Appears in 6 contracts

Samples: Management Services Agreement, Management Services Agreement, Management Services Agreement

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Amendment Caused by Changes to Law. In the event performance of any Service provided herein in accordance with the terms of this Agreement would result in a violation of any present or future statute, regulations or government policy to which Bank Xxxxxxxxx Financial is subject, and which governs or affects the transactions contemplated by this Agreement, then this Agreement will be deemed amended to the extent necessary to comply with such statute, regulation or policy, and Bank Xxxxxxxxx Financial will incur no liability to Customer Member as a result of such violation or amendmentsame.

Appears in 1 contract

Samples: Management Services Agreement

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