Limitations on approval Sample Clauses

Limitations on approval. (i) Separate approval as lender or mortgagee is required for participation in the Title I or Title II programs, re- spectively. Application must be made, and approval will be granted, on the basis of one or both categories of pro- grams, as is appropriate.
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Limitations on approval. Licensees acknowledge that GNC IPCo’s approval of any item of New Products described in this Agreement does not imply approval of any of the non-GNC IPCo controlled elements contained on, upon or within any such item of New Products. GNC IPCo’s approval of any New Product will not be construed in any way as an acknowledgement that such New Product is in compliance with any applicable laws, regulations and industry standards. The review of production samples, designs and prototypes of New Products during the approval process of GNC IPCo is required for the sole purpose of monitoring New Products’ adherence and compliance with the applicable Quality Standards.
Sample 1

Related to Limitations on approval

  • Limitations on Use No part of the moneys delivered to the Recipient pursuant to Section II hereof is being or will be used to refinance, retire, redeem, or otherwise pay debt service on all or any part of any part of any governmental obligations regardless of whether the interest on such obligations is or was excluded from gross income for federal income tax purposes unless prior approval by the Director is given.

  • LIMITATIONS ON ACTIVITIES Anything else in this Agreement to the contrary notwithstanding, the Advisor shall refrain from taking any action which, in its sole judgment made in good faith, would (a) adversely affect the status of the Company as a REIT, (b) subject the Company to regulation under the Investment Company Act of 1940, as amended, (c) violate any law, rule, regulation or statement of policy of any governmental body or agency having jurisdiction over the Company, the Shares or its other securities, or (d) not be permitted by the Articles of Incorporation or Bylaws, except if such action shall be ordered by the Board, in which case the Advisor shall notify promptly the Board of the Advisor’s judgment of the potential impact of such action and shall refrain from taking such action until it receives further clarification or instructions from the Board. In such event the Advisor shall have no liability for acting in accordance with the specific instructions of the Board so given. Notwithstanding the foregoing, the Advisor, its directors, officers, employees and stockholders, and the directors, officers, employees and stockholders of the Advisor’s Affiliates shall not be liable to the Company or to the Board or Stockholders for any act or omission by the Advisor, its directors, officers, employees or stockholders, or for any act or omission of any Affiliate of the Advisor, its directors, officers, employees or stockholders, except as provided in Section 5.02 of this Agreement.

  • Limitations on Warranties 14.1 Notwithstanding anything else in this Agreement, neither Party shall be liable for any indirect, special, incidental, punitive or consequential damages, including but not limited to loss of data, business interruption, or loss of profits, that arises from the use of the Licensed Materials, or the incompetence of the Authorized Users to properly use the Licensed Materials.

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