Compliance Issues Clause Samples

Compliance Issues. The parties acknowledge that the export of technical data, materials or products is subject to the exporting party receiving the necessary export licenses and that the parties cannot be responsible for any delays attributable to export controls which are beyond the reasonable control of either party. The parties agree that regardless of any disclosure made by the party receiving an export of any ultimate destination of any technical data, materials or products, the receiving party will not re-export either directly or indirectly, any technical data, material or products without first obtaining the applicable validated or general license form the United States Department of Commerce.

Compliance Issues. Not file any amendment or supplement to such registration statement or prospectus to which a majority in interest of such Holders shall have reasonably objected on the grounds that such amendment or supplement does not comply in all material respects with the requirements of the Securities Act or the rules and regulations promulgated thereunder, after having been furnished with a copy thereof at least two (2) business days prior to the filing thereof, unless in the opinion of counsel for the Company the filing of such amendment or supplement is reasonably necessary to protect the Company from any liabilities under any applicable federal or state law and such filing will not violate applicable law.

Compliance Issues. The Parties acknowledge that the export of technical data, materials or products is subject to the exporting Party receiving the necessary export licenses and that the Parties cannot be responsible for any delays attributable to export controls which are beyond the reasonable control of either Party and any such delay shall not constitute a force majeure event or constitute a breach of this Agreement. The Parties agree that regardless of any disclosure made by the Party receiving an export of any ultimate destination of any technical data, materials or products, the receiving Party will not re-export either directly or indirectly, any technical data, material or products without first obtaining the applicable validated or general license from the United States Department of Commerce, FDA and/or any other agency or department of the United States Government as required.

Compliance Issues. No proceeding is pending or, to the best of Landlord’s knowledge, is threatened, nor do any state of facts exist which could, with the passage of time, result in the revocation or a limitation of any licenses, qualifications, permits, franchises, zoning variances and other governmental approvals and authorizations associated with the Property.

Compliance Issues. The Agent shall notify Owner in the event that the Agent becomes aware that the condition of the Property or any part of the Property requires any major repairs, replacements or structural alterations or fails to meet the standards of any federal, state or local law, ordinance or regulation of which Agent has actual knowledge. The Agent will take such action as may be necessary to comply properly with any and all laws, ordinances, orders or other requirements of any federal, state, county, or municipal authority having jurisdiction over the Property and affecting the Property. The Agent shall, after notification to the Owner, take such action as Owner deems to be necessary to comply with any and all laws, ordinances, regulations, or orders of any federal, state, county, or municipal authority having jurisdiction over the Property and affecting the Property.

Compliance Issues. Southwest must provide to Holders participating in the registration a copy of any amendment or supplement at least 2 business days before filing. Southwest must not file any amendment or supplement to the registration statement or prospectus to which a majority in interest of the Holders participating in the registration have reasonably objected on the grounds that the amendment or supplement does not comply in all material respects with the requirements of the Securities Act unless, in the opinion of counsel for Southwest, the filing of the amendment or supplement is reasonably necessary to protect Southwest from any liabilities under any applicable federal or state law and the filing will not violate applicable law.

Compliance Issues. Not file any amendment or supplement to such Registration Statement or prospectus to which a majority in interest of such Holders shall have reasonably objected on the grounds that such amendment or supplement does not comply in all material respects with the requirements of the Securities Act or the rules and regulations promulgated thereunder, after having been furnished with a copy thereof at least three (3) business days prior to the filing thereof (provided, however, that any reports filed pursuant to the Exchange Act need not be reviewed nor approved by such Holders), unless, in the opinion of counsel for the Company (or the Public Company), the filing of such amendment or supplement is reasonably necessary to protect the Company (or the Public Company) from any liabilities under any applicable federal or state law and such filing will not violate applicable law.

Compliance Issues. List any regulatory issues and non-compliances (including fire safety, waste management, effluent management, emissions, etc) in the reporting period:

Compliance Issues. 4.1 P2P and its third party providers are required to verify certain information about Clients due to regulatory and legal requirements such as anti-money laundering and anti-terrorist financing, including verifying company directors and beneficial owners, and whether the company is in good corporate standing. P2P and the Provider(s) are also required to monitor Transactions to ensure that the Service is not being used for money laundering, terrorist financing and other illegal or illicit activities, or otherwise in contravention of the Provider Terms, VCN Issuer’s Terms & Conditions, or any applicable card scheme rules. The Client consents to P2P and its third party providers monitoring Client’s Transactions for this purpose and that any such activity may be reported to the relevant authorities; and agrees to submit information to P2P or its third party providers as reasonably required to comply with these commitments. 4.2 In relation to the use of all VCNs, the Client accepts to be bound by the Provider Terms and VCN Issuer’s Terms & Conditions. 4.3 The Client shall not use the VCNs to conduct activity that is illegal or is in contravention of the relevant card scheme rules for the card type used. 4.4 The Client shall take positive measures and shall use its best endeavours to prevent VCNs from being accessed, used or distributed by unauthorised persons. 4.5 The Client shall adhere to any reasonable instructions or guidelines, issued by P2P or the third party provider, relating to the use of the VCNs and the Service. 4.6 The Client shall indemnify P2P and keep P2P fully and effectively indemnified against any and all losses, claims, damages, costs (including legal and other professional costs), charges, expenses, liabilities, demands, proceedings and actions which P2P may sustain or incur, or which may be brought or established against P2P by any person and which arise out of or in connection with (i) the use or misuse of VCNs or the Service by the Client; (ii) any fraudulent use of VCNs or the Service; or (ii) the breach by the Client of the VCN Issuer’s Terms & Conditions or the Provider Terms. 4.7 The Client will inform P2P immediately if it becomes aware of any actual or suspected misuse of the VCNs and/or fraudulent activity in relation to them and will provide to P2P all information and assistance as it reasonably requests in relation to such actual or suspected misuse/fraudulent activity.