Common use of Rules Enforcement Clause in Contracts

Rules Enforcement. In the event that a Report of Possible Rules Violation is filed on the Company, the Company will take appropriate steps to correct the problem within the time frames suggested by the Bank. In the event that a fine is levied against the Bank for a violation of the Rules, the Company agrees to make the Bank whole for the value of the fine.

Rules Enforcement. In the event that a Report of Possible Rules Violation is filed on the Company, the Company will take appropriate steps to correct the problem within the time frames suggested by the BankFinancial Institution. In the event that a fine is levied against the Bank Financial Institution for a violation of the RulesRules resulting from the actions or inactions of Company, the Company agrees to make the Bank Financial Institution whole for the value of the fine.