Common use of Cooperation in relation to emergency situations Clause in Contracts

Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross­ border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.

Appears in 3 contracts

Samples: Memorandum of Understanding, Memorandum of Understanding, Memorandum of Understanding

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Cooperation in relation to emergency situations. 1. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. 2. To the extent possible, and without prejudice to their involvement in the relevant cross­ cross- border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.

Appears in 2 contracts

Samples: Memorandum of Cooperation, Memorandum of Cooperation

Cooperation in relation to emergency situations. The Authorities will endeavour to inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross­ cross-border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.

Appears in 1 contract

Samples: Memorandum of Understanding

Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions jurisdictiQns of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross­ border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.

Appears in 1 contract

Samples: Memorandum of Understanding

Cooperation in relation to emergency situations. 1. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. 2. To the extent possible, and without prejudice to their involvement in the relevant cross­ cross- border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance line with their respective applicable legislations.

Appears in 1 contract

Samples: Memorandum of Cooperation

Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross­ border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.. --------------- -

Appears in 1 contract

Samples: Memorandum of Understanding

Cooperation in relation to emergency situations. 1. The Authorities will endeavour to inform each other immediately promptly if they become aware of an incipient emerging crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions jurisdiction of the Authorities. 2. To the extent possible, and without prejudice to their involvement in the relevant cross­ border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with the applicable legislation and without prejudice to their respective applicable legislationsinvolvement in the relevant cross-border cooperation fora.

Appears in 1 contract

Samples: Memorandum of Understanding

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Cooperation in relation to emergency situations. 11.1. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in . the respective jurisdictions of the Authorities. 11.2. To the extent possible, and without prejudice to their involvement in the relevant cross­ cross- border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.

Appears in 1 contract

Samples: Memorandum of Understanding

Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross­ cross- border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with their respective applicable legislations.

Appears in 1 contract

Samples: Memorandum of Understanding

Cooperation in relation to emergency situations. The Authorities will inform each other immediately if they become aware of an incipient crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations operati ons relating to any supervised entity in supervi sed enti ty i n the respective respecti ve jurisdictions of the Authorities. To the extent possible, and without prejudice to their involvement in the relevant cross­ border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance accord.ance with their respective applicable legislations.

Appears in 1 contract

Samples: Memorandum of Understanding

Cooperation in relation to emergency situations. 1. The Authorities will endeavour to inform each other immediately promptly if they become aware of an incipient emerging crisis such as, but not limited to, serious financial difficulties which might have an adverse impact on operations relating to any supervised entity in the respective jurisdictions of the Authorities. 2. To the extent possible, and without prejudice to their involvement in the relevant cross­ border cooperation fora, the Authorities will endeavour to seek coordinated responses to any crisis emerging in a cross-border establishment operating in their respective jurisdictions, in accordance with the applicable legislation and without prejudice to their respective applicable legislationsinvolvement in the relevant cross-border cooperation fora.

Appears in 1 contract

Samples: Memorandum of Understanding

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