Common use of Communication with Regulators Clause in Contracts

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 State Street receives any inquiry from any regulator regarding a BTC BFA 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 BFA Recipient before responding to such inquiry and will comply with BTC BFA 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 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 Master Services Agreement 35 BTC | State Street permissible, consult the relevant BTC Recipient before responding to such inquiry and will comply with BTC Recipient’s '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.