Common use of Fiduciary and Legal Obligations Clause in Contracts

Fiduciary and Legal Obligations. Notwithstanding any provision of this Agreement to the contrary, the obligations of each party hereunder are subject to such party’s fiduciary and regulatory obligations and applicable law, as may be in effect from time to time, including in the case of any party’s obligations to seek to cause any other person to take any action hereunder, such other person’s fiduciary and regulatory obligations and applicable law.

Appears in 2 contracts

Samples: Investment Management Services Agreement (TRANSAMERICA ADVISORS LIFE INSURANCE Co), Investment Management Services Agreement (TRANSAMERICA ADVISORS LIFE INSURANCE Co OF NEW YORK)

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Fiduciary and Legal Obligations. Notwithstanding any provision of this Agreement to the contrary, the obligations of each party hereunder are subject to such party’s fiduciary and regulatory obligations and applicable lawLaw, as may be in effect from time to time, including in the case of any party’s obligations to seek to cause any other person to take any action hereunder, such other person’s fiduciary and regulatory obligations and applicable lawLaw.

Appears in 2 contracts

Samples: Master Distribution Agreement (Ml Life Insurance Co of New York), Master Distribution Agreement (Ml Life Insurance Co of New York)

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