Common use of Mitigation Plans Clause in Contracts

Mitigation Plans. As a fiduciary of the Treasury, the Financial Agent owes a duty when performing services under the FAA to look solely to the best interests of the Treasury without considering the interests of other clients or its own proprietary interests. To that end, the Financial Agent agrees to implement the following mitigation plans and conflicts of interest mitigation controls. Conflict of Interest #1: TARP-Funded Financial Institutions that are Clients of the Financial Agent The Financial Agent may provide revenue-generating business services, including asset management services, to financial institutions participating in programs under the Act. To address such actual or potential conflict of interest, the Financial Agent agrees to recuse itself from managing, on behalf of the Treasury, the securities or obligations issued by any financial institution for which the Financial Agent currently or prospectively provides material revenue- generating services. For purposes of this exhibit, revenue-generating business services are material if:

Mitigation Plans. As a fiduciary of the Treasury, the Financial Agent owes a duty when performing services under the FAA to look solely to the best interests of the Treasury without considering the interests of other clients or its own proprietary interests. To that end, the Financial Agent agrees to implement the following mitigation plans and conflicts of interest mitigation controls. Conflict of Interest #1: TARP-Funded Financial Institutions that are Clients of the Financial Agent The Financial Agent may provide revenue-generating business services, including asset management servicesmanagement, advisory or other business services to financial institutions participating in programs under the Act. To address such actual or potential conflict of interest, the Financial Agent agrees to recuse itself from managing, on behalf of the Treasury, the securities or obligations issued by any financial institution for which the Financial Agent currently or prospectively provides material revenue- revenue-generating services. For purposes of this exhibit, revenue-generating business services are material if: