Common use of CAT Reporting Agents Clause in Contracts

CAT Reporting Agents. In the event CAT Reporter elects to engage a CAT Reporting Agent to report CAT Data to the Central Repository on behalf of CAT Reporter, CAT Reporting Agent must enter into a written agreement with CATLLC pursuant to which CAT Reporting Agent agrees to fulfill the obligations of CAT Reporter under the applicable Participant’s Compliance Rules. CAT Reporter acknowledges that CAT Reporting Agent will not be provided the ability to act on behalf of CAT Reporter absent such a written agreement. CAT Reporter remains responsible for compliance with the requirements of the applicable Participant’s Compliance Rules, notwithstanding the existence of an agreement described in this Section 2.4.

CAT Reporting Agents. In the event CAT Reporter elects to engage a CAT Reporting Agent to report CAT Data to the Central Repository on behalf behalf‌ of CAT Reporter, CAT Reporting Agent must enter into a written agreement with CATLLC pursuant to which CAT Reporting Agent agrees to fulfill the obligations of CAT Reporter under the applicable Participant’s Compliance Rules. CAT Reporter acknowledges that CAT Reporting Agent will not be provided the ability to act on behalf of CAT Reporter absent such a written agreement. CAT Reporter remains responsible for compliance with the requirements of the applicable Participant’s Compliance Rules, notwithstanding the existence of an agreement described in this Section 2.4.