Duty to Remedy. In the event that (a) a Party cannot demonstrate the existence of adequate controls in accordance with Section 5.6, or (b) an audit under Section 5.7 identifies noncompliance with an applicable Law, the Party providing the applicable Service shall remedy such lack of controls or noncompliance, as applicable, in a commercially reasonable time and manner.
Appears in 3 contracts
Samples: Master Services Agreement, Master Services Agreement (Bank of Chile), Master Services Agreement (Bank of Chile)
Duty to Remedy. In the event that (a) a Party cannot demonstrate the existence of adequate controls in accordance with under Section 5.65.6(a) or Section 5.6(b), as applicable, or (b) an audit under Section 5.7 identifies noncompliance with an applicable a Requirement of Law, the Party providing the applicable Service shall remedy such lack of controls or noncompliance, as applicable, in a commercially reasonable time and manner.
Appears in 3 contracts
Samples: Transition Services Agreement (Legg Mason Inc), Capital Markets Transition Services Agreement (Legg Mason Inc), Private Client Transition Services Agreement (Legg Mason Inc)
Duty to Remedy. In the event that (a) a Party cannot demonstrate the existence of adequate controls in accordance with Section 5.65.5, or (b) an audit under Section 5.7 5.6 identifies noncompliance with an applicable Law, the Party providing the applicable Service shall remedy such lack of controls or noncompliance, as applicable, in a commercially reasonable time and manner.
Appears in 2 contracts
Samples: Master Services Agreement (Bank of Chile), Master Services Agreement (Bank of Chile)
