Responding to Regulatory Inquiries Sample Clauses
The "Responding to Regulatory Inquiries" clause outlines the obligations of parties to cooperate and provide information when contacted by regulatory authorities regarding matters related to the agreement. Typically, this clause requires prompt notification to the other party if a regulatory body requests information, and may specify procedures for sharing relevant documents or coordinating responses. Its core function is to ensure transparency and facilitate compliance with legal or regulatory investigations, thereby minimizing potential risks or misunderstandings arising from regulatory scrutiny.
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Responding to Regulatory Inquiries. Upon reasonable request from a member of a Group (a “Requesting Member”) in connection with its response to an inquiry by a Governmental Authority or a proceeding by or before a Governmental Authority, Constellation, in the case where the Requesting Member is a member of the Exelon Group, or Exelon, in the case where the Requesting Member is a member of the Constellation Group, shall cause the applicable member(s) of its Group (the “Providing Member”) to cooperate with such Requesting Member in such response, such cooperation to include (i) the identification and provision of information in the possession of such Providing Member(s) (and, if reasonably requested, using commercially reasonable efforts to seek information from vendors or third parties under contractual audit, inspection or records provisions) that is germane to such inquiry or proceeding, (ii) making available during normal business hours a person from such Providing Member(s) familiar with the information so provided to answer questions regarding the information so provided, including its source, manner of compilation and organization, and other relevant inquiries, and (iii) providing testimony and affidavits from a person or persons having knowledge with respect to activities and information that is germane to such inquiry and proceeding; provided, as to all of the foregoing:
Responding to Regulatory Inquiries. Any non-disclosure provision in this Release Agreement does not prohibit or restrict me (or my attorney) from responding to any inquiry about this Release Agreement or its underlying facts and circumstances by the Securities and Exchange Commission (SEC), the Financial Industry Regulatory Authority (FINRA), or any other self-regulatory organization or governmental entity having authority over the Company.