Common use of Applicable law and Procedures Clause in Contracts

Applicable law and Procedures. 4.5.1. That it undertakes to act pursuant to the procedures of the Company as such may be updated from time to time, including new procedures as may be added from time to time; That it undertakes that its employees and any other person or body acting on its behalf or for it will act pursuant to the provisions set forth herein above. 4.5.2. The Management Venture will be fully and exclusively responsible that its activity in the framework of providing the Services, including the activity of the Management Team Members and anyone on their behalf, will be carried out during the entire Services Period pursuant to the provisions of applicable Law (including the provisions of Section 9 of the Equal Opportunities for Disabled People Law, 1998, if they apply to it or to anyone on its behalf to the Management Team Members), including the responsibility to carry out at its expense any action in order to ensure that the execution of the Services complies with the requirements of the provisions set forth in applicable Law at all times. Without derogating in any way whatsoever from the full and exclusive liability of the Management Venture pursuant to this Section 4.5.2, the Management Venture will be fully and exclusively responsible during the entire Services Period, to notify the Company of any incompatibility and/or deficiency and/or defect and/or omission that arose in connection with the Services in relation to the provisions of applicable Law.