LEGAL ACTIONS AND GOVERNMENT REGULATIONS Sample Clauses

LEGAL ACTIONS AND GOVERNMENT REGULATIONS. Should the receiving Party be faced with legal action or a requirement under U.S. or foreign government regulations to disclose Proprietary Information received hereunder, the receiving Party shall forthwith notify the disclosing Party, and upon the request of the latter, the receiving Party shall cooperate in contesting such disclosure. Except in connection with a failure to discharge the responsibilities set forth in the preceding sentence, neither Party shall be liable in any way for any disclosures made pursuant to judicial action or U.S. or foreign government regulations. In addition, neither Party shall be liable in any way for any inadvertent disclosure or use where the customary degree of care has been exercised by the receiving Party as it normally uses to protect its own Proprietary Information; provided that in no event shall less than a reasonable standard of care be used by a Party, and upon discovery of such inadvertent disclosure or use, the receiving Party shall notify the original disclosing Party immediately, and shall endeavor to prevent any further inadvertent disclosure or use.
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Related to LEGAL ACTIONS AND GOVERNMENT REGULATIONS

  • GOVERNMENT REGULATIONS Notwithstanding anything contained herein to the contrary, the Company’s obligation hereunder to issue or deliver certificates evidencing shares of Common Stock shall be subject to the terms of all applicable laws, rules and regulations and to such approvals by any governmental agencies or national securities exchanges as may be required.

  • Government Regulation The Borrower is not an “investment company” registered or required to be registered under the Investment Company Act of 1940, as amended, or controlled by such a company.

  • Notification of Government Investigation or Legal Proceeding Within 30 days after discovery, Progenity shall notify OIG, in writing, of any ongoing investigation or legal proceeding known to Progenity conducted or brought by a governmental entity or its agents involving an allegation that Progenity has committed a crime or has engaged in fraudulent activities. This notification shall include a description of the allegation, the identity of the investigating or prosecuting agency, and the status of such investigation or legal proceeding. Progenity shall also provide written notice to OIG within 30 days after the resolution of the matter, and shall provide OIG with a description of the findings and/or results of the investigation or proceeding, if any.

  • Other Governmental Regulations To the extent that this Agreement may be funded by fiscal assistance from another governmental entity, Consultant and any subcontractors shall comply with all applicable rules and regulations to which City is bound by the terms of such fiscal assistance program.

  • Compliance with Federal Law, Regulations, and Executive Orders This is an acknowledgement that FEMA financial assistance will be used to fund the contract only. The contractor will comply will all applicable federal law, regulations, executive orders, FEMA policies, procedures, and directives.

  • Reports and Government access The Contractor shall promptly furnish reports, certificates, financial statements, and other pertinent information requested by the Contracting Officer for the administration of this clause and to determine that an event or other criterion prompting a financing payment has been successfully accomplished. The Contractor shall give the Government reasonable opportunity to examine and verify the Contractor's records and to examine and verify the Contractor's performance of this contract for administration of this clause.

  • Compliance with Governmental Directives The DS Supplier also acknowledges and agrees that the Company may need to act in response to governmental or civil authority directives which may affect DS Load. The DS Supplier agrees to cooperate with the Company in order to comply with said directives.

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