Common use of Duties in Relation to Regulatory Request Clause in Contracts

Duties in Relation to Regulatory Request. (a) Upon receipt of any communication issued by or on behalf of any other Government Agency or self-regulatory agency to the Referrer, concerning any investigation or disciplinary proceeding related to the Referrer, any client of Royal (Regulatory Request), the Referrer must give a copy of the communication promptly to Royal. (b) To the extent permitted by law, the Parties must assist each other in addressing any Regulatory Request by providing, immediately following receipt of a request in writing in that regard, a true copy of any and all correspondence, file notes, memoranda or any other communication, notation or other written, electronic or recorded instrument in relation to the subject matter of the Regulatory Request in the possession of the Referrer (Subject Documents). (c) In the event that any Subject Documents are in the possession of a third party, the Referrer must use its best efforts to obtain the Subject Documents and immediately deliver them to Royal. (d) If, despite the best efforts of the Referrer, a third party declines to hand over the Subject Documents in its possession to the Referrer, the Referrer must advise Royal in writing of such refusal and must provide the name and address of the third party to Royal, whereupon Royal may, in its absolute discretion, elect to directly contact such third party for the purpose of obtaining the subject Documents.

Duties in Relation to Regulatory Request. (a) Upon receipt of any communication issued by or on behalf of any other Government Agency Governmental body or self-regulatory agency public authority or commission to the Referrer, concerning any investigation or disciplinary proceeding related to the Referrer, any client of Royal (Regulatory Request), the Referrer must give a copy of the communication promptly to Royal. (b) To the extent permitted by law, the Parties must assist each other in addressing any Regulatory Request by providing, immediately following receipt of a request in writing in that regard, a true copy of any and all correspondence, file notes, memoranda or any other communication, notation or other written, electronic or recorded instrument in relation to the subject matter of the Regulatory Request in the possession of the Referrer (Subject Documents). (c) In the event that any Subject Documents are in the possession of a third party, the Referrer must use its best efforts to obtain the Subject Documents and immediately deliver them to Royal. (d) If, despite the best efforts of the Referrer, a third party declines to hand over the Subject Documents in its possession to the Referrer, the Referrer must advise Royal in writing of such refusal and must provide the name and address of the third party to Royal, whereupon Royal may, in its absolute discretion, elect to directly contact such third party for the purpose of obtaining the subject Documents.

Duties in Relation to Regulatory Request. (a) Upon receipt of any communication issued by or on behalf of any other Government Agency or self-regulatory agency to the Referrer, concerning any investigation or disciplinary proceeding related to the Referrer, any client of Royal (Regulatory RequestRequest ), the Referrer must give a copy of the communication promptly to Royal. (b) To the extent permitted by law, the Parties must assist each other in addressing any Regulatory Request by providing, immediately following receipt of a request in writing in that regard, a true copy of any and all correspondence, file notes, memoranda or any other communication, notation or other written, electronic or recorded instrument in relation to the subject matter of the Regulatory Request in the possession of the Referrer (Subject Documents). (c) In the event that any Subject Documents are in the possession of a third party, the Referrer must use its best efforts to obtain the Subject Documents and immediately deliver them to Royal. (d) If, despite the best efforts of the Referrer, a third party declines to hand over the Subject Documents in its possession to the Referrer, Referrer the Referrer must advise Royal in writing of such refusal and must provide the name and address of the third party to Royal, whereupon Royal may, in its absolute discretion, elect to directly contact such third party for the purpose of obtaining the subject Documents.

Duties in Relation to Regulatory Request. (a) Upon receipt of any communication issued by or on behalf of any other Government Agency or self-regulatory agency to the Referrer, concerning any investigation or disciplinary proceeding related to the Referrer, any client of Royal (Regulatory RequestRequest ), the Referrer must give a copy of the communication promptly to Royal. (b) To the extent permitted by law, the Parties must assist each other in addressing any Regulatory Request by providing, immediately following receipt of a request in writing in that regard, a true copy of any and all correspondence, file notes, memoranda or any other communication, notation or other written, electronic or recorded instrument in relation to the subject matter of the Regulatory Request in the possession of the Referrer (Subject Documents). (c) In the event that any Subject Documents are in the possession of a third party, the Referrer must use its best efforts to obtain the Subject Documents and immediately deliver them to Royal. (d) If, despite the best efforts of the Referrer, a third party declines to hand over the Subject Documents in its possession to the Referrer, the Referrer must advise Royal in writing of such refusal and must provide the name and address of the third party to Royal, whereupon Royal may, in its absolute discretion, elect to directly contact such third party for the purpose of obtaining the subject Documents.