COMPLIANCE/AUTHORIZATION Sample Clauses
The COMPLIANCE/AUTHORIZATION clause requires parties to adhere to all applicable laws, regulations, and obtain any necessary permissions or approvals related to the agreement. In practice, this means each party must ensure they have the legal right and authority to enter into the contract and perform their obligations, such as securing licenses or regulatory clearances if needed. This clause helps prevent legal violations and ensures that all actions under the contract are properly authorized, thereby reducing the risk of unenforceable agreements or regulatory penalties.
COMPLIANCE/AUTHORIZATION. A sample of the packaging and a description of the ink (by brand name and type of formulation) that is to be certified must be supplied if requested by ASA.
COMPLIANCE/AUTHORIZATION. The Borrower (a) is in compliance with all Laws and legal requirements applicable to it in all material respects, and (b) has all requisite power and authority and all Permits necessary to own and operate the Mortgaged Premises and to carry on its business as now being conducted and has the necessary power and authority to execute and deliver the Loan Documents and to incur and perform the obligations provided for herein and therein (including the borrowing of the Loan), all of which have been duly authorized by all proper and necessary action. No consent or approval of any Person is required as a condition to the validity or enforceability of the Security Instrument or any of the other Loan Documents, or if required the same has been duly obtained. Neither the Borrower nor its business or the Mortgaged Premises, nor any relationship between the Borrower or any other Person, nor any circumstances in connection with the execution, delivery, and performance by the Borrower of the Loan Documents, is such as to require the consent, approval or authorization of, or the filing, registration, or qualification with, any Governmental Authority on the part of the Borrower, other than those already obtained, made, or done.
COMPLIANCE/AUTHORIZATION. Licensees using the Soy Ink Seal will provide a sample of the packaging and a description of the ink (by brand name and type of formulation) that is to be certified must be supplied, if requested by ASA Licensee also agrees to provide a description of all products/printed materials on either ▇▇▇▇ ▇▇▇▇ is being used, if requested by ASA.