Common use of Rules and Guidelines Clause in Contracts

Rules and Guidelines. Producer shall follow all rules and guidelines which may be established or revised from time to time by Orchid including, but not limited to, rules or guidelines governing the form and content of applications and the extent and sufficiency of information to be provided on or with applications. Failure to follow any such rule or guideline will, at the option of Orchid, immediately terminate this Agreement, with Producer to comply with Producer’s post- termination obligations set forth in Section 13 regardless of timely notice by Orchid thereunder.

Rules and Guidelines. Producer shall follow all rules and guidelines which may be established or revised from time to time by Orchid including, but not limited to, rules or guidelines governing the form and content of applications and the extent and sufficiency of information to be provided on or with applications. Failure to follow any such rule or guideline will, at the option of Orchid, immediately terminate this Agreement, with Producer to comply with Producer’s post- post-termination obligations set forth in Section 13 regardless of timely notice by Orchid thereunder.