Common use of Communication with Regulators Clause in Contracts

Communication with Regulators. If Provider receives any inquiry from any regulator regarding a Lending Fund or its shareholders in relation to the Services, then, except to the extent such inquiry relates to other customers of Provider, Provider will, to the extent legally permissible, consult BTC, on behalf of the relevant Lending Fund, before responding to such inquiry and will comply with the Lending Fund’s reasonable requests regarding the content or timing of such response; provided, however, that the foregoing shall not limit or restrict Provider in any manner in complying with its regulatory obligations in a manner that it, in its sole discretion, shall determine to be compliant with applicable Law or necessary for the maintenance of its ongoing relationships with its regulatory authorities.