COMPLIANCE WITH PAYMENT SCHEME RULES AND REGULATIONS Sample Clauses

COMPLIANCE WITH PAYMENT SCHEME RULES AND REGULATIONS. 3.1. You agree: 3.1.1. to be bound by, comply with and use commercially reasonable efforts to facilitate compliance by us with the applicable rules and regulations of each relevant payment scheme (to the extent such rules and regulations require you or us in relation to you, as applicable, to be bound by, comply with or facilitate compliance with such rules and regulations); and 3.1.2. to promptly execute and/or deliver to us any documentation or evidence required by a relevant payment scheme to demonstrate your agreement to be bound by the rules and regulations of the relevant payment scheme or any part thereof; 3.1.3. not to take any action with respect to the Services which would reasonably be expected to cause us to breach any applicable provisions of (or representation, warranty or covenant given by us pursuant to) the rules and regulations of any relevant payment scheme (to the extent to which you have actual knowledge of, or would reasonably be expected to have actual knowledge of, such applicable provisions); and 3.1.4. to take all reasonable steps requested by us where your cooperation is needed to assist us in complying with our obligations under the rules and regulations of any relevant payment scheme, including, without limitation, the delivery of requested documentation for the purposes of compliance with the rules and regulations. 3.2. Without prejudice to clause 12 of the Core Service Terms Module, you agree to indemnify and hold harmless us, any of our Affiliates and our Correspondent Banks from and against any and all Losses suffered by us, our Affiliates and/or our Correspondent Banks arising out of or in connection with any breach of any applicable rules and regulations of a relevant payment scheme resulting from any action or inaction by you in connection with any of the obligations in clause 3.1 of this Financial Institutions Module.
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Related to COMPLIANCE WITH PAYMENT SCHEME RULES AND REGULATIONS

  • Compliance with Rules and Regulations PFPC undertakes to comply with all applicable requirements of the Securities Laws and any laws, rules and regulations of governmental authorities having jurisdiction with respect to the duties to be performed by PFPC hereunder. Except as specifically set forth herein, PFPC assumes no responsibility for such compliance by the Fund or any other entity.

  • Compliance with Applicable Laws, Rules and Regulations The Dealer Manager represents to the Company that (a) it is a member of FINRA in good standing, and (b) it and its employees and representatives who will perform services hereunder have all required licenses and registrations to act under this Agreement. With respect to its participation and the participation by each Participating Dealer in the offer and sale of the Offered Shares (including, without limitation, any resales and transfers of Offered Shares), the Dealer Manager agrees, and, by virtue of entering into the Participating Dealer Agreement, each Participating Dealer shall have agreed, to comply with any applicable requirements of the Securities Act and the Exchange Act, applicable state securities or blue sky laws, and, specifically including, but not in any way limited to, NASD Conduct Rules 2340 and 2420, and FINRA Conduct Rules 2310, 5130 and 5141.

  • Compliance with OFAC Rules and Regulations None of the Credit Parties or their Subsidiaries or their respective Affiliates (a) is a Sanctioned Person, (b) has more than 15% of its assets in Sanctioned Countries, or (c) derives more than 15% of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Countries. No part of the proceeds of any Extension of Credit hereunder will be used directly or indirectly to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Country.

  • Applicable Rules and Regulations The Account and each transaction therein shall be subject to the terms of this Agreement and to (a) all applicable laws and the regulations, rules and orders (collectively "regulations") of all regulatory and self-regulatory organizations having jurisdiction and (b) the constitution, by-laws, rules, regulations, orders, resolutions, interpretations and customs and usages (collectively "rules") of the market and any associated clearing organization (each an "exchange") on or subject to the rules of which such transaction is executed and/or cleared. The reference in the preceding sentence to exchange rules is solely for DWR's protection and DWR's failure to comply therewith shall not constitute a breach of this Agreement or relieve Customer of any obligation or responsibility under this Agreement. DWR shall not be liable to Customer as a result of any action by DWR, its officers, directors, employees or agents to comply with any rule or regulation.

  • Compliance with Governmental Rules and Regulations Except as otherwise provided in the Agreement and except for the accuracy and timeliness of information furnished to the Funds by Price Associates or its Delegates, each Fund assumes full responsibility for the preparation, contents and distribution of its prospectuses, and for complying with all applicable requirements of the ’40 Act, the ‘34 Act, the Securities Act of 1933 (“the ‘33 Act”), the Internal Revenue Code (“IRC”), and any laws, rules and regulations of governmental authorities having jurisdiction over the Fund.