Local Compliance Sample Clauses

Local Compliance. The Holder remains personally responsible for any local compliance requirements resulting from his or her receipt, ownership, and subsequent sale of Common Stock, as well as the transfer of funds abroad, the making of a foreign investment, and the opening or use of a U.S. brokerage account in relation to his or her receipt of Common Stock. For Xxxxxx’s whose Award under this Agreement is subject to China SAFE regulations, the Holder agrees to abide by applicable requirements for disposal of vested shares following termination of employment and hereby affirmatively authorizes the Company to direct the sale or disposal of shares within 6 months following termination of employment in order to comply with these requirements.
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Local Compliance. The channel service used by Party B shall be deployed within the territory of the People's Republic of China, and shall satisfy the requirements of technical audit or regulatory authority for field inspection and the requirements of China judicial authority for investigation and evidence collection.
Local Compliance. The Holder remains personally responsible for any local compliance requirements resulting from their receipt, ownership, and subsequent sale of Stock, as well as the transfer of funds abroad, the making of a foreign investment, and the opening or use of a U.S. brokerage account in relation to their receipt of Stock. If the Award under this Agreement is subject to China SAFE regulations, the Holder agrees to abide by applicable requirements for disposal of vested Stock following termination of employment and hereby affirmatively authorizes the Company to direct the sale or disposal of Stock within 6 months following termination of employment in order to comply with these requirements.
Local Compliance. Siemens shall inform Unisphere of the requirements of any governmental authorities concerning approval of the Products in the Territory. Siemens shall obtain all such approvals after obtaining Unisphere's consent prior to making any filings with applicable approving authorities. Unisphere shall bear the cost of such filings, including equipment and filing fees, in those countries where Unisphere elects to have the applications filed in its own name, which list shall be included in Exhibit C to this Agreement, as amended from time to time; in all other countries, the parties shall agree to the filing process and costs on a case-by-case basis by mutual agreement. Except as otherwise expressly agreed to by Unisphere, Siemens agrees to obtain any such approvals in Unisphere's name. The parties agree to cooperate in these filings by providing reasonably necessary information and documentation.
Local Compliance. The Holder remains personally responsible for any local compliance requirements resulting from his or her receipt, ownership, and subsequent sale of Common Stock, as well as the transfer of funds abroad, the making of a foreign investment, and the opening or use of a U.S. brokerage account in relation to his or her receipt of Common Stock.
Local Compliance. Company will, at its expense, obtain and maintain the ---------------- governmental authorizations, restrictions and filings that may be required under the laws of the Territory to execute or perform this Agreement. Company will otherwise comply with all laws, regulations and other legal requirements within the Territory that apply to this Agreement, including tax and foreign exchange legislation. Company will promptly notify STERLING COMMERCE of any change in these laws, regulations or other legal requirements that may affect the importation of the EC Products or Company's performance of this Agreement.
Local Compliance. OEM shall, at its sole expense obtain and maintain the governmental authorizations, registrations and filings that may be required under the laws of any Foreign Jurisdiction to execute or perform under this Agreement. OEM shall otherwise comply with all laws, regulations and other legal requirements within any Foreign Jurisdictions that apply to this Agreement, including without limitation tax, foreign exchange and consumer protection legislation. OEM will promptly notify Nuance of any change to these laws, regulations or other legal requirements that trey affect the impartation of the Software and related items, or OEM’s or Nuance’s performance under this Agreement.
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Local Compliance. Except as otherwise contemplated in Section 16(a), ---------------- Distributor will, at its expense, obtain and maintain the governmental authorizations, registrations and filings that may be required under the laws of the Territory to execute or perform this Agreement. Distributor will otherwise comply with all laws, regulations and other legal requirements within the Territory that apply to this Agreement, including tax and foreign exchange legislation.
Local Compliance. 16.1 Distributor represents and warrants that it is formed under the laws of Ontario, Canada and that (i) it is wholly-owned by Canadian citizens and (ii) it, and each of its affiliates, where applicable, possesses all necessary registrations, licenses and permits to engage in distribution activities of the type contemplated by this Agreement throughout the Territory and it, and each of its affiliates, is and during the term of this Agreement will use its best efforts to remain in compliance with, and not knowingly violate, all local laws, rules, ordinances and regulations throughout the Territory relating to the activities to be performed hereunder, including those affecting the importation, sale, servicing and marketing of Products. 16.2 In the event that a local registration is required in any region of the Territory, Distributor undertakes that within one (1) month of the date hereof to have this Agreement registered with the applicable local agencies and will promptly thereafter provide the Company with a copy of the certificate evidencing such registration. 16.3 Should this Agreement expire or be terminated in accordance with its terms, Distributor will cooperate with the Company and any new Distributor or agent designated by the Company to cancel such registration and/or transfer it to the new agent or Distributor. Distributor shall, at its own cost, take all such other action as may be necessary or appropriate for it to fully perform this Agreement and sell the Products under the laws, rules and regulations of each of the jurisdictions in the Territory. All such permits, licenses, certificates, approvals, franchises and registrations shall indicate that Company is the owner of all rights therein. Upon termination of this Agreement, to the extent permitted by local law, all transferable permits, licenses, certificates, approvals, franchises and registrations shall be transferred to Company free of all manner of liens and encumbrances. The Company or its designee shall either agree to pay all costs and expenses of such transfer or it shall waive transfer thereof.
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