Cease and Desist Orders Clause Samples
A Cease and Desist Orders clause empowers a party, typically through legal or regulatory authority, to require another party to immediately stop a specific activity or behavior that is alleged to be unlawful or in violation of an agreement. In practice, this clause may be invoked if one party is infringing on intellectual property rights, breaching contract terms, or engaging in prohibited conduct, and the order compels them to halt such actions until further notice or resolution. The core function of this clause is to provide a swift remedy to prevent ongoing or imminent harm, ensuring that potential violations are addressed promptly and mitigating further risk or damage.
POPULAR SAMPLE Copied 1 times
Cease and Desist Orders. Except to the extent that disclosure of any such information would constitute a violation of applicable federal or state law or the rules and regulations of any banking agency or any other official, bureau or agency which asserts authority over Borrower’s or the Bank’s operations, notify Lender immediately of: (a) the issuance of any notice of charges, cease-and-desist order (temporary or otherwise) or order to take a permanent action by any governmental or regulatory authority against Borrower or the Bank or any director, officer, employee, agent, or other Person participating in the conduct of the affairs of Borrower or the Bank; (b) the service of any notice of intention to remove from office or notice of intention to suspend from office by any governmental or regulatory authority upon any director or officer of Borrower or the Bank; (c) the issuance of a notice of termination of the status of the Bank as an Insured Depositary Institution; or (d) enter into any agreement or memorandum of understanding between any governmental or regulatory authority and Borrower or the Bank or any director, officer, employee, agent, or other Person participating in the conduct of the affairs of Borrower or the Bank, regardless of whether the same is voluntary or involuntary, and promptly inform Lender of the terms thereof (unless such action would violate applicable law).
Cease and Desist Orders. When the Director of Utilities Services finds that a User has violated, or continues to violate, any provision of this ordinance, a wastewater discharge permit or order issued hereunder, or any other Pretreatment Standard or requirement, or that the User's past violations are likely to recur, the Director of Utilities Services may issue an order to the User directing it to cease and desist all such violations and directing the User to:
A. Immediately comply with all requirements; and
B. Take such appropriate remedial or preventive action as may be needed to properly address a continuing or threatened violation, including halting operations and/or terminating the Discharge. Issuance of a cease and desist order shall not be a bar against, or a prerequisite for, taking any other action against the User.
Cease and Desist Orders. Promptly, but in no event later than three Business Days from the date any Specified Person has actual knowledge of the receipt of written notice of any government sanctions or cease and desist orders, a written summary of such sanctions or cease and desist orders and copies of any writings relating thereto;
Cease and Desist Orders. When the Superintendent finds that a User has violated or continues to violate this Law or any permit or administrative order issued hereunder, the Town Board may issue an administrative order to cease and desist all such violations and direct those persons in noncompliance to:
1. Comply forthwith;
2. Take such appropriate remedial or preventive action as may be needed to properly address a continuing or threatened violation, including halting operations or terminating the service. The User may, within fifteen (15) calendar days of the date the Town Board issues notification of such order, petition the Town Board to modify or suspend the order. Such petition shall be in written form and shall be transmitted to the Town Board by registered mail. The Town Board shall then:
1. Reject any frivolous petitions;
2. Modify or suspend the order;
3. Order the petitioner to show cause in accordance with Section
14.1. 8 and may as part of the show cause notice request the User to supply additional information.
4. Accept the petition in full or in part.
Cease and Desist Orders. Where any person (1) has failed to operate sub- stantially as set forth in a license, (2) has vio- lated or failed to observe any of the provisions of this chapter, or section 1304, 1343, or 1464 of title 18, or (3) has violated or failed to observe any rule or regulation of the Commission au- thorized by this chapter or by a treaty ratified by the United States, the Commission may order such person to cease and desist from such action.
Cease and Desist Orders. Crown Bank or Acquiror shall have received a commitment from applicable regulators that the Cease and Desists Orders shall be lifted on or promptly after the consummation of the Transaction. The parties hereto agree to assist one another and use their commercially reasonable efforts to obtain such a commitment from applicable regulators that the Cease and Desists Orders shall be lifted on or promptly after the consummation of the transactions contemplated by this Agreement.
Cease and Desist Orders. If a party seeks only an order that prohibited conduct cease and desist from the Arbitrator, there shall be a hearing within twenty-four (24) hours and the Arbitrator shall issue a bench decision followed by a written decision. The Arbitrator's Decision and Order shall be limited to the dispute before him and will have no precedential effect.