Common use of Compliance with Money Laundering Legislation Clause in Contracts

Compliance with Money Laundering Legislation. The Rights Agent shall retain the right to not take any action and shall not be liable for refusing to take any action if, due to a lack of information or for any other reason whatsoever, the Rights Agent reasonably determines that such an action might cause it to be in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation or guideline. Further, should the Rights Agent reasonably determine at any time that its acting under this Agreement has resulted in it being in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation, or guideline, then it shall have the right to resign on 10 days’ prior written notice to the Corporation, provided:

Appears in 8 contracts

Samples: Shareholder Rights Plan Agreement (Cenovus Energy Inc.), Shareholder Rights Plan Agreement (Cenovus Energy Inc.), Shareholder Rights Plan Agreement (Cenovus Energy Inc.)

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Compliance with Money Laundering Legislation. The Rights Agent shall retain the right not to not take any action act and shall not be liable for refusing to take any action act if, due to a lack of information or for any other reason whatsoever, the Rights Agent reasonably determines that such an action act might cause it to be in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation or guideline. Further, should the Rights Agent reasonably determine at any time that its acting under this Agreement has resulted in it being in non-compliance noncompliance with any applicable anti-money laundering or anti-terrorist legislation, regulation, regulation or guideline, then it shall have the right to resign on 10 days’ prior written notice to the Corporation, provided:

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement, Shareholder Rights Plan Agreement

Compliance with Money Laundering Legislation. The Rights Agent shall retain the right not to not take any action act and shall not be liable for refusing to take any action act if, due to a lack of information or for any other reason whatsoever, the Rights Agent reasonably determines that such an action act might cause it to be in non-compliance with any applicable anti-anti- money laundering or anti-terrorist legislation, regulation or guideline. Further, should the Rights Agent reasonably determine at any time that its acting under this Agreement has resulted in it being in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation, regulation or guideline, then it shall have the right to resign on 10 days’ prior days written notice to the Corporation, Company provided:

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Kelso Technologies Inc)

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Compliance with Money Laundering Legislation. The Rights Agent shall retain the right not to not take any action act and shall not be liable for refusing to take any action act if, due to a lack of information or for any other reason whatsoever, the Rights Agent reasonably determines that such an action act might cause it to be in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation or guideline. Further, should the Rights Agent reasonably determine at any time that its acting under this Agreement has resulted in it being in non-compliance with any applicable anti-money laundering or anti-terrorist legislation, regulation, regulation or guideline, then it shall have the right to resign on 10 days’ prior written notice to the Corporation, provided:

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement

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