Governmental Recommendations Clause Samples
The Governmental Recommendations clause outlines how parties to an agreement should respond to guidance, directives, or recommendations issued by government authorities. Typically, this clause requires the parties to comply with such recommendations, which may relate to health, safety, regulatory compliance, or operational adjustments. For example, if a government agency issues new workplace safety protocols, the parties must implement these changes as part of their contractual obligations. The core function of this clause is to ensure that the contract remains adaptable and compliant with evolving governmental standards, thereby reducing legal and operational risks for all parties involved.
Governmental Recommendations. Each Obligor shall procure that the Rigs are not utilised in conflict with official recommendations published by the Norwegian Ministry of Foreign Affairs from time to time.
Governmental Recommendations. At any time prior to Public Reporting Status being obtained, as promptly as practicable (and in any event within five (5) Business Days after the receipt thereof), copies of any written recommendation from any U.S. or foreign Governmental Authority or other regulatory body that Issuer or any of its Subsidiaries should have its licensure, provider or supplier number, or accreditation suspended, revoked, or limited in any material way, or any penalties or sanctions imposed.
Governmental Recommendations. Within five (5) Business Days of receipt thereof, copies of any written recommendation from any Governmental Authority or other regulatory body that Borrower or any of its Subsidiaries should have its licensure, provider or supplier number, or accreditation suspended, revoked, or limited in any material way, or any penalties or sanctions imposed; and
Governmental Recommendations. Each Obligor shall procure that the Drillships are not utilised in conflict with official recommendations published by the Norwegian Ministry of Foreign Affairs from time to time.
Governmental Recommendations. Within five (5) Business Days of receipt thereof, copies of any written recommendation from any Governmental Authority or other regulatory body that Horizon Pharma or any of its Subsidiaries should have its licensure, provider or supplier number, or accreditation suspended, revoked, or limited in any material way, or any penalties or sanctions imposed. The financial statements and other reports delivered to Administrative Agent and Lenders pursuant to this Section 6.2 shall be subject to a confidentiality agreement that satisfies the requirements of Regulation FD, to the extent that any such financial statements or reports contain material, non-public information.