Communication with Regulators Sample Clauses
Communication with Regulators. If State Street receives any inquiry from any regulator regarding a BTC Recipient or Customers in relation to the Services, then except to the extent such inquiry relates to other customers of State Street, State Street will, to the extent legally permissible, consult the relevant BTC Recipient before responding to such inquiry and will comply with BTC Recipient’s reasonable requests regarding the content or timing of such response, provided, however, that the foregoing shall not limit or restrict State Street in any manner in complying with its regulatory obligations in a manner that it, in its sole discretion, shall determine to be compliant with Law or necessary for the maintenance of its ongoing relationships with its regulatory authorities.
Communication with Regulators. If Provider receives any inquiry from any regulator regarding a BFA Recipient or its shareholders in relation to the Services, then, except to the extent such inquiry relates to other customers of Provider, Provider will, to the extent legally permissible, consult BFA, on behalf of the relevant BFA Recipient, before responding to such inquiry and will comply with the BFA Recipient’s reasonable requests regarding the content or timing of such response; provided, however, that the foregoing shall not limit or restrict Provider in any manner in complying with its regulatory obligations in a manner that it, in its sole discretion, shall determine to be compliant with applicable Law or necessary for the maintenance of its ongoing relationships with its regulatory authorities.
Communication with Regulators. If a Party receives any inquiry from any regulator regarding Provider, BFA, a BFA Recipient or its Shareholders in relation to the Services, then, except to the extent such inquiry relates to other customers or clients of Provider, a BFA Recipient or its shareholders, such Party will, to the extent legally permissible, consult the other Parties before responding to such inquiry and will comply with the such other Party’s reasonable requests regarding the content or timing of such response; provided, however, that the foregoing shall not limit or restrict Provider, BFA, or any BFA Recipient in any manner in complying with its regulatory obligations in a manner that it, in its sole discretion, shall determine to be compliant with applicable Law or necessary for the maintenance of its ongoing relationships with its regulatory authorities.
Communication with Regulators. If Provider receives any inquiry from any regulator regarding a Lending Fund or its shareholders in relation to the Services, then, except to the extent such inquiry relates to other customers of Provider, Provider will, to the extent legally permissible, consult BTC, on behalf of the relevant Lending Fund, before responding to such inquiry and will comply with the Lending Fund’s reasonable requests regarding the content or timing of such response; provided, however, that the foregoing shall not limit or restrict Provider in any manner in complying with its regulatory obligations in a manner that it, in its sole discretion, shall determine to be compliant with applicable Law or necessary for the maintenance of its ongoing relationships with its regulatory authorities.
Communication with Regulators. 4.11.1 Each of the Parties agrees promptly to notify the other Party of any material regulatory issues or problems relating to the Services. The Parties agree to use all reasonable endeavours to address such issues or problems in order to enable the Parties to comply with their respective regulatory obligations.
4.11.2 Each Party shall immediately notify the other Party if it receives a notification that FSA is: (i) considering withdrawal of its status as a Recognised Clearing House or Recognised investment Exchange, as the case may be; (ii) exercising powers of direction in such a manner that may impact on the Services; or (iii) considering exercising such powers.
Communication with Regulators. 4.3.1 Each of the Parties agrees promptly to notify the other Parties of any material regulatory issues or problems relating to the Services. The Parties agree to use all reasonable endeavors to address such issues or problems in order to enable the Parties to comply with Applicable Law.
4.3.2 Each Party shall immediately notify the other Parties if it receives a notification that (i) the CFTC is considering withdrawal of its status as a DCO or DCM, as the case may be, or the New York Department of Financial Services is considering withdrawal of its status as a Trust Company; (ii) any other Governmental Authority is requiring separate registration or regulation of the Warehouse or Warehouse Services or the trading or clearing of Digital Currency Contracts, (iii) the CFTC, New York Department of Financial Services or other Governmental Authority is exercising powers of direction or emergency authority in such a manner that may impact the Services; or (iv) any such authority is considering exercising such powers.
Communication with Regulators. If State Street receives any inquiry from any regulator regarding a BGI Recipient or Customers in relation to the Services, then except to the extent such inquiry relates to other customers of State Street, State Street will, to the extent legally permissible, consult the relevant BGI Recipient before responding to such inquiry and will comply with BGI Recipient's reasonable requests regarding the content or timing of such response, provided, however, that the foregoing shall not limit or restrict State Street in any manner in complying with its regulatory obligations in a manner that it, in its sole discretion, shall determine to be compliant with Law or necessary for the maintenance of its ongoing relationships with its regulatory authorities.