Common use of Performance Subject to Laws Clause in Contracts

Performance Subject to Laws. The Client understands and agrees that the Custodian’s performance of these Custody Terms, including acting on any Instruction, is subject to the laws (including, without limitation, governmental and regulatory actions, orders, decrees, regulations and agreements entered into by the Custodian and any governmental authority or between any two or more governmental authorities, whether domestic or foreign) applicable to the Custodian or a member of the Citi Organisation as a result of the jurisdiction in which it or its parent is organised or located or where the Custodian performs this Agreement, including with respect to the holding of any Securities or Cash, and the rules, operating procedures and practices of any relevant Clearance System, stock exchange or market.

Performance Subject to Laws. The Client understands and agrees that the Custodian’s 's performance of these Custody Termsthis Agreement, including acting on any Instruction, is subject to the laws (including, without limitation, governmental and regulatory actions, orders, decrees, regulations and agreements entered into by the Custodian and any governmental authority or between any two or more governmental authorities, whether domestic or foreign) applicable to the Custodian or a member of the Citi Organisation as a result of the jurisdiction in which it the Custodian or its parent is organised or the Custodian is located or where the Custodian performs this Agreement, including with respect to the holding of any Securities or CashSecurities, and the rules, operating procedures and practices of any relevant Clearance System, stock exchange or market.

Performance Subject to Laws. The Client understands and agrees that the Custodian’s performance of these Custody Termsthis Agreement, including acting on any Instruction, is subject to to, and shall be performed only in accordance with, the laws (including, without limitation, governmental and regulatory actions, orders, decrees, decrees regulations and agreements entered into by the Custodian and any governmental authority or between any two or more governmental authorities, whether domestic or foreign) applicable to the Custodian or a member of the Citi Organisation Organization as a result of the jurisdiction in which it or its parent is organised organized or located or where the Custodian performs this Agreement, including with respect to the holding of any Securities or Cash, and the rules, participant requirements, operating procedures and practices of any relevant Clearance System, stock exchange or market.stock