Common use of Termination for Regulatory, Legal, Reputational or Other Risks Clause in Contracts

Termination for Regulatory, Legal, Reputational or Other Risks. a. In the event that any due diligence or investigation results in findings that would pose regulatory, legal, reputational or other risks to Folio, Folio shall provide Issuer notice of such risks and a reasonable opportunity to cure them. If the risks are not addressed or cured to Folio’s reasonable satisfaction, Folio may terminate this Agreement. Folio will facilitate the orderly transition of the custody of the Private Securities to such person designated by the Issuer in accordance with Section 8.9.

Appears in 3 contracts

Samples: Escrow Services and Custody Agreement (Stocosil Inc.), Escrow Services and Custody Agreement (Stocosil Inc.), Issuer Custody and Services Agreement (Stocosil Inc.)

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Termination for Regulatory, Legal, Reputational or Other Risks. a. In the event that any due diligence or investigation results in findings that would pose regulatory, legal, reputational or other risks to Folio, Folio shall provide Issuer notice of such risks and a reasonable opportunity to cure them. If the risks are not addressed or cured to Folio’s 's reasonable satisfaction, Folio may terminate this Agreement. Folio will facilitate the orderly transition of the custody of the Private Securities to such person designated by the Issuer in accordance with Section 8.9.

Appears in 1 contract

Samples: Escrow Services and Custody Agreement (Secured Real Estate Income Fund II, LLC)

Termination for Regulatory, Legal, Reputational or Other Risks. a. In the event that any due diligence or investigation results in findings that would pose regulatory, legal, reputational or other risks to Folio, Folio shall provide Issuer notice of such risks and a reasonable opportunity to cure them. If the risks are not addressed or cured to Folio’s reasonable satisfaction, Folio may terminate this Agreement. Folio will facilitate the orderly transition of the custody of the Private Securities to such person designated by the Issuer in accordance with Section 8.9.. Issuer Custody of Private Securities Agreement (14 October 2016)

Appears in 1 contract

Samples: Issuer Custody and Services Agreement (KeyStone Solutions, Inc.)

Termination for Regulatory, Legal, Reputational or Other Risks. a. In the event that any due diligence or investigation results in findings that would pose regulatory, legal, reputational or other risks to Folio, Folio shall provide Issuer notice of such risks and a reasonable opportunity to cure them. If the risks are not addressed or cured to Folio’s reasonable satisfaction, Folio may terminate this Agreement. Folio will facilitate the orderly transition of the custody of the Private Securities to such person designated by the Issuer in accordance with Section 8.9.

Appears in 1 contract

Samples: Access Services and Custody Agreement (Chicken Soup for the Soul Entertainment, Inc.)

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Termination for Regulatory, Legal, Reputational or Other Risks. a. In the event that any due diligence or investigation results in findings that would pose regulatory, legal, reputational or other risks to Folio, Folio shall provide Issuer notice of such risks and a reasonable opportunity to cure them. If the risks are not promptly addressed or cured to Folio’s reasonable satisfaction, Folio may terminate this Agreement. Folio will facilitate the orderly transition of the custody of the Private Securities to such person designated by the Issuer in accordance with Section 8.9.

Appears in 1 contract

Samples: Escrow Services and Custody Agreement (Carolina Complete Health Network, Inc.)

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