Common use of Legal and Regulatory Matters Clause in Contracts

Legal and Regulatory Matters. LENDER will upon receipt of any summons, writ, pleading or other notice of suit wherein ADMINISTRATOR or any of its affiliate is named a party in any manner, forward to ADMINISTRATOR a copy of the same by express or overnight mail. Upon receipt by LENDER, of a regulatory inquiry or complaint relating to the services provided and/or business conducted under this AGREEMENT or PROGRAM, a copy of the same shall be forwarded to ADMINISTRATOR by express mail or overnight mail.