Regulatory Risk Clause Samples
The Regulatory Risk clause allocates responsibility and addresses the potential impact of changes in laws, regulations, or government policies on the agreement. Typically, it outlines which party bears the risk if regulatory changes make performance more difficult, costly, or even impossible, and may require parties to notify each other of relevant legal developments or renegotiate terms if significant changes occur. This clause is essential for managing uncertainty and ensuring that both parties are aware of and prepared for the consequences of regulatory shifts, thereby reducing disputes and clarifying obligations in a changing legal environment.
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Regulatory Risk. The blockchain technology allows new forms of interaction and it is possible that certain jurisdictions will apply existing regulations on or introduce new regulations addressing blockchain technology-based applications which may be contrary to the current setup of the Share Tokens. This may, inter alia, result in substantial modifications of the Share Tokens including their loss.
Regulatory Risk. RenCap Securities (Nigeria) Limited is subject to the various laws and/or regulations of the competent relevant regulatory authorities. Any legislative or regulatory changes may impact the functions of RenCap Securities (Nigeria) Limited. All transactions performed by RenCap Securities (Nigeria) Limited will be executed in accordance with the relevant rules and regulations and any that fall contrary to the existing regulatory framework may be nullified by the regulatory authorities.
Regulatory Risk. The investments of the Fund would be exposed to changes in the laws and regulations in the countries the Fund is invested in. These regulatory changes pose a risk to the Fund as it may materially impact the investments of the Fund.
Regulatory Risk. The User understands and accepts that the blockchain technology allows new forms of interaction and that it is possible that certain jurisdictions will apply existing regulations on, or introduce new regulations addressing blockchain technology based applications, which may be contrary to the current setup of the System and which may, inter alia, result in substantial modifications of the Service, including its termination and the loss of Bitcoins and Altcoins or tokens for the User.
Regulatory Risk. 61 ARTICLE XXIII PREMIUM RATE INCREASES..................................................................
Regulatory Risk. (a) JPMorgan Chase operates within a highly regulated industry, and JPMorgan Chase's businesses and results are significantly affected by the laws and regulations to which it is subject
Regulatory Risk. Forex trading is subject to regulations and legal requirements imposed by regulatory authorities. Changes in regulations or new regulatory measures may impact trading conditions, margin requirements, or the availability of certain financial instruments.
Regulatory Risk. The Applicant acknowledges that the regulatory/risk of operating a AVC platform is with the company issuing or proposing to issue securities, and not AVC or the Independent Consultant.
Regulatory Risk. The Cedents jointly and severally represent and warrant that:
(a) At the Effective Date, each of their long-term care policy forms is a guaranteed renewable accident and health policy form, and as such are eligible for actuarially supported premium rate increases (which may arise, among other reasons, from adverse deviation in actual claims experience or from changes in future expected claims experience) under statutory practices and procedures in all jurisdictions in which the Cedents are licensed to conduct business; and
(b) The Cedents have generally been successful in obtaining premium rate increases historically, and have not been subjected to significant risk arising from (i) regulatory action that is inconsistent with established statutory practices and procedures or (ii) insurance legislation that has prevented their ability to obtain all or the majority of their requested premium rate increases. As of the Effective Date, the Cedents are not aware of any specific reason that would indicate that they would not be able to obtain such increases in the future.
(c) Whenever a Regulatory Risk Event occurs and remains unresolved, a Limit Amount Reduction shall occur and apply to reduce the Reinsurer’s Incremental Limit Account under Article II of this Agreement. The Cedents and the Reinsurer consider the provisions of this Agreement relating to Regulatory Risk Event to be in full compliance with the guidelines of Statement of Statutory Accounting Principles No. 61 and Statutory Accounting Practices and Procedures Manual – Appendix A-791.
Regulatory Risk. There may be less government supervision of foreign markets. As a result, foreign issuers may not be subject to the uniform accounting, auditing, and financial reporting standards and practices applicable to domestic issuers, and there may be less publicly available information about foreign issuers.