Common use of Notification to CME Clause in Contracts

Notification to CME. NYMEX shall keep CME reasonably informed of regulatory developments or regulatory issues of which NYMEX is aware that relate specifically to the NYMEX Globex Contracts (as opposed to general regulatory issues of which CME would ordinarily be aware in the course of its own business). This notification requirement applies, without limitation, to any investigation or audit by NYMEX or by any governmental or regulatory authority concerning trading irregularities in the NYMEX Globex Contracts, to the extent that notification to CME would not violate any confidentiality requirements imposed upon NYMEX by any governmental or regulatory authority.

Appears in 4 contracts

Samples: Services Agreement (Nymex Holdings Inc), Services Agreement (Chicago Mercantile Exchange Holdings Inc), Services Agreement (Nymex Holdings Inc)

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