Common use of Financial Prudence Clause in Contracts

Financial Prudence. 1. Notwithstanding any other provisions of this Agreement, one side shall not be prevented from adopting or maintaining measures relating to financial services for prudential reasons. These prudential reasons⑪ include the protection of investors, depositors, policy holders, or persons to whom a fiduciary duty is owed by a financial services supplier, or to ensure the integrity and stability of the financial system.⑫

Financial Prudence. 1. Notwithstanding any other provisions of this Agreement, one side shall not be prevented from adopting or maintaining measures relating to financial services for prudential reasons. These prudential reasons⑪ reasons (11) include the protection of investors, depositors, policy holders, or persons to whom a fiduciary duty is owed by a financial services supplier, or to ensure the integrity and stability of the financial system.⑫system. (12)

Financial Prudence. 1. Notwithstanding any other provisions of this Agreement, one side shall not be prevented from adopting or maintaining measures relating to financial services for prudential reasons. These prudential reasons⑪ reasons12 include the protection of investors, depositors, policy holders, or persons to whom a fiduciary duty is owed by a financial services supplier, or to ensure the integrity and stability of the financial system.⑫system.13