Compliance with Regulatory Requirements. The Borrower will, and the Guarantor will cause each Broker-Dealer Subsidiary to comply with all material rules and regulations of the SEC and FINRA applicable to it (including such rules and regulations dealing with net capital requirements); except where the failure to so comply is immaterial non-compliance with such rules and regulations.
Appears in 6 contracts
Samples: Credit Agreement (Investment Technology Group, Inc.), Credit Agreement (Investment Technology Group, Inc.), Credit Agreement (Investment Technology Group, Inc.)
Compliance with Regulatory Requirements. (a) The Borrower will, and the Guarantor will cause each Broker-Dealer Subsidiary to comply with all material rules and regulations of the SEC and FINRA applicable to it (including such rules and regulations dealing with net capital requirements); except where the failure .
(b) The Borrower will, and will cause each Subsidiary that is a financial institution to so comply is immaterial non-compliance with all material rules and regulations applicable to it (including such rules and regulationsregulations dealing with capital requirements).
Appears in 3 contracts
Samples: Credit Agreement (SWS Group Inc), Funding Agreement (Hilltop Holdings Inc.), Credit Agreement (SWS Group Inc)
Compliance with Regulatory Requirements. The Borrower will, and the Guarantor will cause each Broker-Dealer Subsidiary to comply with all material rules and regulations of the SEC and FINRA the NASD applicable to it (including such rules and regulations dealing with net capital requirements); except where the failure to so comply is immaterial non-compliance with such rules and regulations.
Appears in 1 contract
Compliance with Regulatory Requirements. The Borrower will, and the Guarantor will cause each Broker-Dealer Subsidiary to comply in all material respects with all material rules and regulations of the SEC and the FINRA applicable to it (including such rules and regulations dealing with net capital requirements); except where the failure to so comply is immaterial non-compliance with such rules and regulations.
Appears in 1 contract
Compliance with Regulatory Requirements. The Borrower will, and the Guarantor will cause each Broker-Dealer Subsidiary to comply with all material rules and regulations of the SEC and FINRA any other applicable domestic or foreign Governmental or Regulatory Authority applicable to it (including such rules and regulations dealing with net capital or other applicable requirements); , except where the failure to so comply is immaterial non-compliance with such rules and regulationswould not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
