Common use of Subject to Applicable Regulations Clause in Contracts

Subject to Applicable Regulations. Replace clause 3.2(c)(i) of the Agreement with “would cause us to breach any prohibition or restriction imposed or specified by ESMA pursuant to Article 40 of MiFIR, by the EBA pursuant to Article 41 of MiFIR or by an Applicable Regulator pursuant to Article 42 of MiFIR;

Subject to Applicable Regulations. Replace clause 3.2(c)(i) of the Agreement with “would cause us to breach any prohibition or restriction imposed or specified by ESMA pursuant to Article 40 of MiFIR, by the EBA pursuant to Article 41 of MiFIR or by an Applicable Regulator pursuant to Article 42 of MiFIR;.