Change of Applicable Laws Sample Clauses

Change of Applicable Laws. Lessor shall process, and Lessee shall pay for, every zoning requirement or the requirements imposed by the Applicable Laws, which arise from change of conditions caused by Lessee subsequent to the Closing Date from the operation of the Business, as they come into effect during the Lease Term.
AutoNDA by SimpleDocs
Change of Applicable Laws. After the Signing Date, if any change in Applicable Laws (including laws and regulations on foreign investment) causes or may cause any provisions under any Transaction Documents to be modified or unable to be performed, the Parties shall negotiate to amend such provisions in accordance with the updated Applicable Laws and practical requirements of the Government Authorities in effect as such time in good faith and on mutually agreeable terms, so as to ensure the economic interest and rights of the Parties under the Transaction Documents remain unchanged. [Signatures on following pages] SCHEDULE 1 DETAILS OF THE TARGET COMPANY (As of the Signing Date) Name Sonic Holdings II Limited Company Number 366562 Registered Address c/o Intertrust Corporate Services (Cayman) Limited, Xxx Xxxxx Xxx, Xxxxxx Xxx, Xxxxx Xxxxxx, XX0-0000, Cayman Islands Authorized Share Capital USD50,000 Issued Share Capital USD1.00 Par Value Per Share USD0.01 Incorporation Date September 25, 2020 Shareholders Seller (30%) Purchaser (70%) Directors Blackstone Real Estate Holdings Director L.L.C. Law Yiu Fat Xxxxxxx Xxxx Pak Man Xxxxx Xxxxxxx Xxxx Xxxxx Registered Office Intertrust Corporate Services (Cayman) Limited (At Closing) Name Sonic Holdings II Limited Company Number 366562 Registered Address c/o Intertrust Corporate Services (Cayman) Limited, Xxx Xxxxx Xxx, Xxxxxx Xxx, Xxxxx Xxxxxx, XX0-0000, Cayman Islands Authorized Share Capital USD50,000 Issued Share Capital USD1.00 Par Value Per Share USD0.01 Incorporation Date September 25, 2020 Shareholders Purchaser (100%) Directors Blackstone Real Estate Holdings Director L.L.C. Law Yiu Fat Xxxxxxx Xxxx Pak Man Registered Office Intertrust Corporate Services (Cayman) Limited SCHEDULE 2
Change of Applicable Laws. (a) If a Governmental Body declares by way of a final and unappealable order or Applicable Law that, for any reason, it is unlawful for the Joint Venture to carry on all or part of the Business in a province or territory of Canada, the Parties shall, in good faith, negotiate an amendment of such provisions of this Agreement or the Implementation Agreements, as the case may be, or negotiate such alternate arrangements as are necessary to facilitate the continued operation of the Business in such province or territory either directly or indirectly by another Person in which the Parties have substantially similar rights and obligations so as to substantially preserve the respective rights and obligations of the Parties hereunder.

Related to Change of Applicable Laws

  • Applicable Laws The Contractor agrees to conduct all activities under this Agreement in accordance with all applicable rules, regulations, directives, standards, ordinances, and laws, in effect or promulgated during the term of this Agreement, including without limitation, workers’ compensation laws, minimum and maximum salary and wage statutes and regulations, and licensing laws and regulations. When required, the Contractor shall furnish H-GAC with satisfactory proof of its compliance therewith.

  • Purchase Permitted by Applicable Laws The purchase of and payment for the Notes to be purchased by such Purchaser on the terms and conditions herein provided (including the use of the proceeds of such Notes by the Company) shall not violate any applicable law or governmental regulation (including, without limitation, Section 5 of the Securities Act or Regulation T, U or X of the Board of Governors of the Federal Reserve System) and shall not subject such Purchaser to any tax, penalty, liability or other onerous condition under or pursuant to any applicable law or governmental regulation, and such Purchaser shall have received such certificates or other evidence as it may request to establish compliance with this condition.

  • Legal Requirements All applicable Federal and State laws and County ordinances that in any manner affect the items covered herein apply. Lack of knowledge by the Bidder shall in no way be a cause for relief from responsibility.

  • Compliance with Applicable Laws and Regulations (a) The Company shall not be required to issue or deliver any Shares pursuant to this Agreement pending compliance with all applicable federal and state securities and other laws (including any registration requirements or tax withholding requirements) and compliance with the rules and practices of any stock exchange upon which the Company’s Shares are listed.

  • Purchase Permitted By Applicable Law, Etc On the date of the Closing such Purchaser’s purchase of Notes shall (a) be permitted by the laws and regulations of each jurisdiction to which such Purchaser is subject, without recourse to provisions (such as section 1405(a)(8) of the New York Insurance Law) permitting limited investments by insurance companies without restriction as to the character of the particular investment, (b) not violate any applicable law or regulation (including, without limitation, Regulation T, U or X of the Board of Governors of the Federal Reserve System) and (c) not subject such Purchaser to any tax, penalty or liability under or pursuant to any applicable law or regulation, which law or regulation was not in effect on the date hereof. If requested by such Purchaser, such Purchaser shall have received an Officer’s Certificate certifying as to such matters of fact as such Purchaser may reasonably specify to enable such Purchaser to determine whether such purchase is so permitted.

  • Applicable Law, Etc This Agreement shall be interpreted, construed, applied and enforced in accordance with the laws of the State applicable to contracts between residents of the State which are to be performed entirely within the State, regardless of (i) where this Agreement is executed or delivered; or (ii) where any payment or other performance required by this Agreement is made or required to be made; or (iii) where any breach of any provision of this Agreement occurs, or any cause of action otherwise accrues; or (iv) where any action or other proceeding is instituted or pending; or (v) the nationality, citizenship, domicile, principal place of business, or jurisdiction of organization or domestication of any party; or (vi) whether the laws of the forum jurisdiction otherwise would apply the laws of a jurisdiction other than the State; or (vii) any combination of the foregoing. To the maximum extent permitted by applicable law, any action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted in such court or courts located in the State as is provided by law; and the parties consent to the jurisdiction of said court or courts located in the State and to service of process by registered mail, return receipt requested, or by any other manner provided by law.

  • Stock Exchange Requirements; Applicable Laws Notwithstanding anything to the contrary in this Agreement, no shares of stock purchased upon exercise of the Option, and no certificate representing all or any part of such shares, shall be issued or delivered if (i) such shares have not been admitted to listing upon official notice of issuance on each stock exchange or other market upon which shares of that class are then listed or (ii) in the opinion of counsel to the Company, such issuance or delivery would cause the Company to be in violation of or to incur liability under any federal, state or other securities law, or any requirement of any stock exchange or other market listing agreement to which the Company is a party, or any other requirement of law or of any administrative or regulatory body having jurisdiction over the Company.

  • Notification of Laws and Regulations The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.

  • 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.

Time is Money Join Law Insider Premium to draft better contracts faster.