Potential Conflict. If any obligation of the Servicer pursuant to this Agreement shall give rise to a potential conflict with applicable law, such obligation shall be construed so as to (a) comply with all applicable laws and (b) effectuate with respect to such obligations, to the fullest extent permitted by law, the intention of the parties hereto as expressed in this Agreement.
Potential Conflict. There could be a higher risk of conflict among licensees, which might cause reputational risk or additional administrative burden to the institution.
Potential Conflict. 7.1. The Board will monitor the Fund for the existence of any material irreconcilable conflict between the interests of the contract owners of all separate accounts investing in the Fund. An irreconcilable material conflict may arise for a variety of reasons, including: (a) an action by any state insurance regulatory authority; (b) a change in applicable federal or state insurance, tax, or securities laws or regulations, or a public ruling, private letter ruling, no-action or interpretative letter, or any similar action by insurance, tax, or securities regulatory authorities; (c) an administrative or judicial decision in, any relevant proceeding; (d) the manner in which the investments of any Portfolio are being managed; (e) a difference in voting instructions given by variable annuity contract and variable life insurance contract owners; or (f) a decision by an insurer to disregard the voting instructions of contract owners. The Board shall promptly inform the Company if it determines that an irreconcilable material conflict exists and the implications thereof.
Potential Conflict. Seller and Buyer acknowledge that Escrow Agent is Buyer’s counsel and Seller and Buyer acknowledge and agree that the Escrow Agent may continue to represent Buyer in connection with this Agreement, the Purchase Agreement and the transactions contemplated hereby and thereby and in connection with any dispute or litigation arising out of or related to this Agreement, the Purchase Agreement or the transactions contemplated hereby and thereby.
Potential Conflict. If any obligation of the Administrator pursuant to this Agreement shall give rise to a potential conflict with applicable law, such obligation shall be construed so as to (a) comply with all applicable laws and (b) effectuate with respect to such obligations, to the fullest extent permitted by law, the intention of the parties hereto as expressed in this Agreement.
Potential Conflict. 7.1. The Board will monitor the Company for the existence of any material irreconcilable conflict between the interests of the variable contract owners of all separate accounts investing in the Company. An irreconcilable material conflict may arise for a variety of reasons, including: (a) an action by any state insurance regulatory authority, (b) a change in applicable federal or state insurance, tax, or securities laws or regulations, or a public ruling, private letter ruling, no-action or interpretive letter; or any similar action by insurance, tax, or securities regulatory authorities; (c) an administrative or judicial decision in any relevant proceeding; (d) the manner in which the investments of any Fund are being managed; (e) a difference in voting instructions given by variable annuity contract and variable life insurance contract owners; or (f) a decision by a Participating Insurance Company to disregard the voting instructions of variable contract owners. The Board shall promptly inform the Insurance Company if it determines that an irreconcilable material conflict exists and the implications thereof. The Board shall have sole authority to determine whether an irreconcilable material conflict exists and such determination shall be binding upon the Insurance Company.
Potential Conflict. As of the date of this contract, _________ (Legal Partner) will not represent any client in any future matter involving ___________ (Medical Partner) or its medical staff as an adverse party, which relates to the provision of health-related services. ___________ (Legal partner) may refer clients to outside legal resources for representation in matters as described in this paragraph.
Potential Conflict. Potential or actual conflicts of interest include, without limitation, any conflicts that may arise when (i) an Account Party’s managed funds and accounts are or are expected to become borrowers under TALF, and (ii) an Account Party wishes to be a borrower under TALF. The Company agrees that an Account Party may be a borrower under TALF, provided that, the Account Party has provided a TALF-specific Conflicts of Interest policy and plan documenting the steps it will take to mitigate the conflict satisfactory to Company and FRBNY and complied with the requirements set forth in this section in a manner satisfactory to Company and FRBNY and meets the TALF loan eligibility requirements.
Potential Conflict. Following the effective date of the Policy, SBG keeps a recorded list of the Covered Investment(s) for which pre-clearance has been granted by SBG. That list may be updated, from time to time, to (i) schedule additional Covered Investments, in the event you seek to make new personal equity investments in Covered Investments, and (ii) remove certain scheduled Covered Investments, in the event you dispose of your equity positions in any such Covered Investments. The companies and investment funds on that recorded list are referred to herein as Restricted Investments.
