Common use of No Violation of Existing Agreements or Laws Clause in Contracts

No Violation of Existing Agreements or Laws. None of the Company or any of its Significant Subsidiaries is (A) in violation of its respective Charter Documents, (B) in default (or, with the giving of notice or lapse of time, would be in default) under any indenture, mortgage, loan or credit agreement, note, contract, franchise, lease or other instrument to which it is a party or by which it may be bound, or to which any of its property or assets is or may be subject (collectively, “Agreements”) or (C) in violation or default of any provision of applicable law or regulation (including, without limitation, any applicable law or regulation regarding money laundering or banking practices, any law or regulation promulgated by the United States Treasury Office of Foreign Assets Control, all applicable provisions of the Xxxxxxxx-Xxxxx Act of 2002 or any Indian law limiting foreign ownership of the Company), or any judgment, order or decree of any court or governmental, administrative or regulatory agency or body or stock exchange authority having jurisdiction over it or any of its assets, as applicable, except where such violation or default under (B) or (C) would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Underwriting Agreement (Icici Bank LTD), Underwriting Agreement (Icici Bank LTD)

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No Violation of Existing Agreements or Laws. None of the Company or any of its Significant Subsidiaries Subsidiary is (A) in violation of its respective Charter Documents, (B) in default (or, with the giving of notice or lapse of time, would be in default) under any indenture, mortgage, loan or credit agreement, note, contract, franchise, lease or other instrument to which it is a party or by which it may be bound, or to which any of its property or assets is or may be subject (collectively, “Agreements”) ), except as disclosed in each of the Time of Sale Prospectus and the Prospectus, or (C) in violation or default of any provision of applicable law or regulation (including, without limitation, any applicable law or regulation regarding money laundering or banking practices, any law corruption or regulation promulgated by the United States Treasury Office of Foreign Assets Controleconomic sanctions), all applicable provisions of the Xxxxxxxx-Xxxxx Act of 2002 or any Indian law limiting foreign ownership or regulation relating to the offer and sale of the Company)Shares and Offered ADSs, or any judgment, order or decree of any court or governmental, administrative or regulatory agency or body or stock exchange authority having jurisdiction over it or any of its assets, as applicable, except where such violation or default under clause (B) or (C) would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Sterlite Industries (India) LTD)

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No Violation of Existing Agreements or Laws. None of the Company or any of its Significant Subsidiaries Subsidiary is (A) in violation of its respective Charter Documents, (B) in default (or, with the giving of notice or lapse of time, would be in default) under any indenture, mortgage, loan or credit agreement, note, contract, franchise, lease or other instrument to which it is a party or by which it may be bound, or to which any of its property or assets is or may be subject (collectively, “Agreements”) ), except as disclosed in each of the Time of Sale Prospectus and the Prospectus, or (C) in violation or default of any provision of applicable law or regulation (including, without limitation, any applicable law or regulation regarding money laundering or banking practices, any law corruption or regulation promulgated by the United States Treasury Office of Foreign Assets Controleconomic sanctions), all applicable provisions of the Xxxxxxxx-Xxxxx Act of 2002 or any Indian law limiting foreign ownership or regulation relating to the offer and sale of the Company)Securities, or any judgment, order or decree of any court or governmental, administrative or regulatory agency or body or stock exchange authority having jurisdiction over it or any of its assets, as applicable, except where such violation or default under clause (B) or (C) would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Underwriting Agreement (Sterlite Industries (India) LTD)

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