Applicable Laws and Rules definition
Examples of Applicable Laws and Rules in a sentence
Issuer understands that any breach hereof may also cause a breach of Applicable Laws and Rules, and Issuer will be liable hereunder for any failure to obtain such prior approval or otherwise comply with these provisions.
To the extent permissible under the Applicable Laws and Rules, Issuer may request in writing that DriveWealth send confirmations with Issuer's branding.
DriveWealth shall have the right to assign, sublicense or otherwise transfer this Agreement or any right, interest or benefit hereunder, including an assignment by operation of law, to any Affiliate of DriveWealth that is properly authorized under Applicable Laws and Rules to provide the Services by giving notice to Issuer within thirty (30) days of any of the actions listed herein.
The Parties shall be responsible for complying with the USA PATRIOT ACT and Anti-Money Laundering (“AML”) regulations as well as all Applicable Laws and Rules.
In particular, without limitation, Admiral is not obliged to enquire into: the use of those funds by the third party; any persons to whom the third party pays all or any of these funds; the solvency of any of those persons; the compliance by any of those person with the Corporations Act, Applicable Laws and Rules; whether any of those persons hold any part of these funds on any nominee, segregated account, trust or any other basis for your protection or security.
To the extent permissible under the Applicable Laws and Rules, each Party agrees to notify the other Parties in writing promptly of any material legal or regulatory investigation or action taken against it that may reasonably relate to the Services provided pursuant to this Agreement.
DriveWealth shall deliver to Issuer or its designee an electronic copy of the Books and Records pertaining to the Securities, which Issuer and its Affiliates shall have a perpetual, royalty-free license to use for any reason they see fit in compliance with Applicable Laws and Rules.
In the event that any of the Parties or their respective directors, officers, employees, consultants or agents are requested or required by legal or regulatory process to disclose any of the Confidential Information of any other Party, the Party required to make such disclosure shall, to the extent permitted by the Applicable Laws and Rules, give prompt written notice to such other Party so that such other Party may seek a protective order or other appropriate relief.
Each Party shall promptly return or destroy (with certification of destruction) all Confidential Information, documents, manuals and other materials stored in any form or media (including but not limited to electronic copies) belonging to any other Party, except as may be otherwise provided in this Agreement or required by Applicable Laws and Rules.
DriveWealth understands that any breach hereof may also cause a breach of Applicable Laws and Rules, and DriveWealth will be liable hereunder for any failure to obtain such prior approval or otherwise comply with these provisions.