The adoption or execution and the performance by the Participant of the rights and obligations under the System Documents to which the Participant is party will not in any way breach any provision of the laws or regulations of [ jurisdiction ] applicable to the Participant or the Participant Documents .
The adoption or execution and the performance by the Participant of the rights and obligations under the System Documents to which the Participant is party will not in any way breach any provision of the laws or regulations of [ jurisdiction ] applicable to the Participant or the Participant Documents .