Investigation by Regulator Sample Clauses

The 'Investigation by Regulator' clause outlines the procedures and obligations that apply when a regulatory authority initiates an investigation related to the agreement or the parties involved. Typically, this clause requires the parties to promptly notify each other of any regulatory inquiries, cooperate fully with the investigation, and provide necessary information or access as requested by the regulator. Its core practical function is to ensure transparency and coordinated response during regulatory scrutiny, thereby minimizing legal risks and ensuring compliance with applicable laws.
Investigation by Regulator. Broker and MLIDC shall cooperate fully -------------------------- in any regulatory investigation or proceeding or judicial proceeding arising in connection with the offer, sale, and/or servicing of the Contracts.
Investigation by Regulator. Broker and Principal Underwriter shall cooperate fully in any regulatory investigation or proceeding or judicial proceeding arising in connection with the offer, sale, and/or servicing of the Contracts.