We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Compliance with Legal and Regulatory Requirements Sample Clauses

Compliance with Legal and Regulatory RequirementsThe Company shall maintain material compliance with the applicable provisions of all federal, state and local statutes, ordinances and regulations and any court orders or orders of regulatory authorities issued thereunder.
Compliance with Legal and Regulatory RequirementsThe Credit Parties and their respective Subsidiaries and each Guarantor shall maintain material compliance with the applicable provisions of all federal, state and local statutes, ordinances and regulations and any court orders or orders of regulatory authorities issued thereunder.
Compliance with Legal and Regulatory Requirements. 16.1 No filing with, or Approval of, any Government Agency, is necessary or required for the performance by the Company of any of its obligations hereunder in connection with the Share Offer, issuance or sale of the Shares hereunder or under the Public Offer Underwriting Agreement and the Public Offer Documents or the consummation of the transactions contemplated by this Agreement and the Public Offer Underwriting Agreement and in the Offer Documents, except such as have already been obtained and are in full force and effect. 16.2 Each Group Company has carried on and is carrying on its business and operations in accordance with applicable Laws in all material respects and all statutory, municipal and other Approvals, properly issued by the appropriate and authorised Governmental Authority, necessary or desirable for the establishment and carrying on of the businesses and operations of, and owning of assets by, each of the Group Company as now carried on, as previously carried on and as proposed to be carried on have been obtained and are (or were at the relevant time) valid and subsisting and all conditions applicable to any such Approval have been and will be complied with in all material respects and, to the reasonable knowledge of the Warrantors, there are no facts or circumstances exist which may lead to the revocation, rescission, avoidance, repudiation, withdrawal, non-renewal or change, in whole or in part, of or in any existing Approvals or any requirements for additional Approvals which could prevent, restrict or hinder the operations of any Group Company or involve any Group Company in additional expenditure which is material to the Group. 16.3 To the best knowledge of the Warrantors, there are no circumstances which will or may result in the Approvals which will be required in Hong Kong and the PRC by the Group to carry on the businesses and/or activities contemplated and as described in the sections headed “Business” and “Future plans and use of proceedsin the Prospectus not being granted. 16.4 To the best of knowledge, information and belief of the Warrantors, each Group Company is in compliance with all applicable Laws of any applicable jurisdictions in all material respects. 16.5 To the best knowledge of the Warrantors, none of the members of the Group and the businesses now run by any of them, nor any of their respective officers, directors, supervisors, managers, agents, or employees have, directly or indirectly, (A) made or authorised ...
Compliance with Legal and Regulatory RequirementsThe Company and each Subsidiary shall maintain material compliance with the applicable provisions of all federal, state and local statutes, ordinances and regulations and any court orders or orders of regulatory authorities issued thereunder.
Compliance with Legal and Regulatory Requirements. 4.1. Appropriate provisions will be included in the Supply Agreement to ensure that each Party complies with all relevant local, national and international legal or regulatory requirements and other relevant requirements applicable to the manufacture, handing, transport and storage of Product.
Compliance with Legal and Regulatory Requirements. 16.1 Each member of the Group has carried on and is carrying on its business and operations in accordance with applicable Laws and all statutory, municipal and other Approvals necessary or desirable for the carrying on of the businesses and operations of each of the member of the Group as now carried on, as previously carried on and as proposed to be carried on have been obtained and are (or were at the relevant time) valid and subsisting and all conditions applicable to any such Approval have been and are complied with and there are no facts or circumstances exist or have in the past existed which may lead to the revocation, rescission, avoidance, repudiation, withdrawal, non-renewal or change, in whole or in part, of or in any existing Approvals or any requirements for additional Approvals which could prevent, restrict or hinder the operations of any member of the Group or involve any member of the Group in additional expenditure. 16.2 None of the members of the Group and the businesses now run by any of them, nor any of their respective officers, directors, supervisors, managers, agents, or employees have, directly or indirectly, (A) made or authorised any contribution, payment or gift of funds or property to any official, employee or agent of any governmental agency, authority or instrumentality in Hong Kong, the Cayman Islands, Macao, the PRC or any other jurisdiction or (B) made any contribution to any candidate for public office, in either case, where either the payment or the purpose of such contribution, payment or gift was, is, or would be prohibited under applicable Law, of any locality, including but not limited to the U.S. Foreign Corrupt Practices Act of 1977, as amended, or the rules and regulations promulgated thereunder; 16.3 None of the members of the Group is a party to any agreement, arrangement or concerted practice or is carrying on an practice which in whole or in part contravenes or is invalidated by any anti-trust, anti-monopoly, competition, fair trading, consumer protection or similar Laws in any jurisdiction where any of the members of the Group has assets or carries on business or in respect of which any filing, registration or notification is required or is advisable pursuant to such Laws (whether or not the same has in fact been made).
Compliance with Legal and Regulatory Requirements. (a) Maintain (or require each Lessee to maintain) material compliance with the applicable provisions of all federal, state and local laws, rules, licenses, permits, statutes, ordinances and regulations, and any court orders or orders of regulatory authorities issued thereunder as are applicable to any of the Borrowers and the Facilities, except to the extent any such non-compliance could not reasonably be expected to create or result in a Material Adverse Effect. (b) Without limiting clause (a) above, ensure, and cause each other Borrower to ensure, that no Person who owns a controlling interest in or otherwise controls a Borrower is or shall be (i) listed on the Specially Designated Nationals and Blocked Person List maintained by the Office of Foreign Assets Control (“OFAC”), Department of the Treasury, and/or any other similar lists maintained by OFAC pursuant to any authorizing statute, Executive Order or regulation or (ii) a Person designated under Section 1(b), (c) or (d) of Executive Order No. 13224 (September 23, 2001), any related enabling legislation or any other similar Executive Orders. (c) Without limiting clause (a) above, comply, and cause each other Borrower to comply, with all applicable Bank Secrecy Act (“BSA”) and anti-money laundering laws and regulations, and pay prior to delinquency, all governmental charges against it or any Collateral, as well as claims of any kind which, if unpaid, could become a Lien on any of its property; provided that the foregoing shall not require any Borrower to pay any such tax or charge so long as it shall contest the validity thereof in good faith by appropriate proceedings and shall set aside on its books adequate reserves with respect thereto in accordance with GAAP and, in the case of a claim which could become a Lien on any Collateral, such contest proceedings shall stay the foreclosure of such Lien or the sale of any portion of the Collateral to satisfy such claims.
Compliance with Legal and Regulatory RequirementsEach Loan Party shall maintain material compliance with the applicable provisions of all federal, state and local laws, statutes, ordinances and regulations and any court orders or orders of regulatory authorities issued thereunder except as would not reasonably be expected to have a Material Adverse Effect. In addition, and without limiting the foregoing sentence, each Borrower shall (i) ensure, and cause each of its Subsidiaries to ensure, that no Person who owns a controlling interest in or otherwise controls such Borrower or any such Subsidiary is or shall be listed as a Sanctioned Person, (ii) not use or permit the use of the proceeds of the Loans to violate any of the foreign asset control regulations of OFAC or the U.S. Department of State or any enabling statute or executive order relating thereto, and (iii) comply, and cause each Subsidiary to comply, with all applicable Bank Secrecy Act laws and regulations, as amended, Anti-Corruption Laws and Anti-Money Laundering Laws. ​ ​
Compliance with Legal and Regulatory RequirementsBorrower shall maintain material compliance with the provisions of all federal, state and local statutes, ordinances and regulations and any court orders or orders of regulatory authorities issued thereunder applicable to Borrower and/or the Project.
Compliance with Legal and Regulatory Requirements. Section 5(f) of the Agreement is hereby amended and restated in its entirety as follows: f.