Common use of COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS Clause in Contracts

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. a. Each Trust assumes full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to it. The Administrator will materially comply with all laws applicable to the Administrator and all rules and regulations of governmental authorities having jurisdiction over the Administrator (collectively, the “Laws and Regulations”), to the extent such Laws and Regulations are directly applicable to Administrator and the Services performed by Administrator hereunder.

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. a. Each The Trust assumes full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to it. The Administrator will materially shall comply with all laws applicable to the Administrator and all laws, rules and regulations of governmental authorities having jurisdiction over the Administrator (collectively, the “Laws and Regulations”), to the extent such Laws and Regulations are directly applicable to Administrator and it in the Services performed by Administrator hereunderperformance of its duties under this Agreement.

COMPLIANCE WITH GOVERNMENTAL RULES AND REGULATIONS; RECORDS. a. Each Trust assumes full responsibility for complying with all securities, tax, commodities and other laws, rules and regulations applicable to it. The Administrator will materially comply with agrees that all laws applicable to records which it maintains for a Trust shall at all times remain the Administrator property of such Trust, shall be readily accessible during normal business hours, and all rules and regulations shall be promptly surrendered upon the termination of governmental authorities having jurisdiction over the Administrator (collectively, Agreement or otherwise on written request. Records may be surrendered in either written or machine-readable form at the “Laws and Regulations”), to option of the extent such Laws and Regulations are directly applicable to Administrator and the Services performed by Administrator hereunderAdministrator.