Compliance Covenant Sample Clauses
A Compliance Covenant is a contractual provision that requires one or more parties to adhere to specific laws, regulations, or standards throughout the duration of the agreement. This clause typically obligates parties to maintain all necessary licenses, follow industry regulations, and avoid engaging in illegal or unethical conduct related to the contract's subject matter. Its core practical function is to ensure ongoing legal and regulatory compliance, thereby reducing the risk of legal violations and protecting all parties from potential penalties or reputational harm.
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Compliance Covenant. Pubco will not become a party to any Common Stock Change Event unless its terms are consistent with this Section 5.9.
Compliance Covenant. The Company will not become a party to any Common Stock Change Event unless its terms are consistent with this Section 5.09.
Compliance Covenant. The Issuer will not become a party to any Common Stock Change Event unless its terms are consistent with this Section 2.11.
Compliance Covenant. The Company will not become a party to any Merger Event unless its terms are consistent with this Section 10.08.
Compliance Covenant. The Guarantor will not become a party to any Common Stock Change Event unless its terms are consistent with this Section 5.09.
Compliance Covenant. The Corporation will not become a party to any Common Stock Change Event unless its terms are consistent with this Section 11(i).
Compliance Covenant. The Borrower will not become a party to any Common Shares Change Event unless its terms are consistent with this Section 5.07.
Compliance Covenant. The Parent will not become a party to any Common Stock Change Event unless its terms are consistent with this Section 14.08.
Compliance Covenant. The Borrower will not become a party to any Common Stock Change Event unless its terms are consistent with this Section 4(g).
Compliance Covenant. 16 Section 4.03. Independent Decision. 16