Repulatory Assurances Sample Clauses
The Regulatory Assurances clause requires parties to confirm that they comply with all relevant laws, regulations, and governmental requirements applicable to their activities under the agreement. In practice, this means each party must ensure they have obtained necessary licenses, permits, or approvals and are not in violation of any regulatory obligations. This clause serves to protect both parties by reducing the risk of legal or regulatory breaches that could jeopardize the contract or expose them to penalties.
Repulatory Assurances. Metavante and Customer acknowledge and agree that the performance of these Services with be subject to regulation and examination by Customers regulatory agencies to the same extent as if such Services were being performed by Customer. Upon request, Metavante agrees to provide any appropriate assurances to such agency and agrees to subject itself to any required examination or regulation. Customer agrees to reimburse Metavante for reasonable costs actually incurred due to any such examination or regulation that is performed primarily for the purpose of examining Services used by Customer.
Repulatory Assurances. Metavante and Customer acknowledge and agree that the performance of these Services with be subject to regulation and examination by Customers regulatory agencies to the same extent as if such Services were being performed by Customer. Upon request, Metavante agrees to provide any appropriate assurances to such agency and agrees to subject itself to any required examination or regulation. Customer agrees to reimburse Metavante for reasonable costs actually incurred due to any such examination or regulation that is performed primarily for the purpose of examining Services used by Customer. i. Notice Requirements. Customer shall be responsible for complying with all regulatory notice provisions to any applicable governmental agency, including providing timely and adequate notice to Federal Regulators as of the Effective Date of this Agreement, identifying those records to which this Agreement shall apply and the location at which such Services are to be performed. ii.