NON-VIOLATION OF LAW ETC Sample Clauses

NON-VIOLATION OF LAW ETC. That their entry into this Agreement and performance of their obligations under this Agreement shall not violate or conflict with, or exceed any limit imposed by (i) any Law to which they are subject or
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
NON-VIOLATION OF LAW ETC. The execution of this Agreement and performance of its obligations under this Agreement shall not violate or conflict with, or exceed any limit imposed by (i) any Law to which it are subject or (ii) any of the Articles of the Company or other agreement, instrument or undertaking binding upon them. That it has not committed any economic and/or cognizable offense, that the Company does not have substantial financial interest in any unit/company which is in default of State/All India Financial Institutions or Banks, that they do not require to obtain any approval under the provisions of any Law, and that they have not received any notice or other communication from any Government Authority so as to require the referring of this Agreement to the Central Government or any other authority for clearance of approval. In the event the said representation is found to be incorrect or it being determined that the Company were required to obtain any approval under any Law before embarking upon the Project, the Investor shall have the non-exclusive and independent option to terminate this Agreement and the Investor shall be entitled to claim from the Company reimbursement of expenditure incurred by them and also damages suffered by them on account thereof, and the entire Financial Contribution invested by the Investor in the Company shall be paid by the Company and/or the Promoters to the Investor immediately but not later than 30 days from the date of receipt of notice from the Investor/s in this behalf.
Sample 1Sample 2Sample 3See All (4)
NON-VIOLATION OF LAW ETC the execution, entry into, performance and delivery by the Borrower of this Agreement and the performance by it of its obligations hereunder and thereunder will not: (i) contravene any provisions of any law, statute, decree, rule or regulation to which it or any of its assets or revenues are subject; or (ii) conflict with, or result in any breach of any of the terms of, or constitute a default under, any material agreement or other instrument to which it is a party; or (iii) result in the creation or imposition of or oblige it to create any Security Interest other than as permitted under the terms of this Agreement on any of its undertaking, assets, rights or revenues;
Sample 1

Related to NON-VIOLATION OF LAW ETC

  • Violation of Law No change shall have occurred after the date of this Agreement in any applicable Law that makes it a violation of Law for (a) Owner, any Applicable Pass Through Trustee, Subordination Agent or Mortgagee to execute, deliver and perform the Operative Agreements to which any of them is a party or (b) any Applicable Pass Through Trustee to make the loan contemplated by Section 2.1, to acquire an Equipment Note or to realize the benefits of the security afforded by the Trust Indenture.

  • No Violation of Law Neither the Borrower nor any of its Subsidiaries is in violation of any law, statute, regulation, ordinance, judgment, order, or decree applicable to it which violation could reasonably be expected to have a Material Adverse Effect.

  • Violation of Laws If the Property is not in material compliance with Legal Requirements, Lender may impose additional requirements upon Borrower in connection herewith including, without limitation, monetary reserves or financial equivalents.

  • No Violation of Laws or Agreements The execution, delivery and performance of this Agreement and the Transaction Documents by Buyer and/or Parent do not, and the consummation of the transactions contemplated hereby and thereby will not, (a) contravene any provision of the Articles of Incorporation or Bylaws of Buyer or the Certificate of Incorporation or Bylaws of Parent; or (b) violate, conflict with, result in a breach of, or constitute a default (or an event which would with the passage of time or the giving of notice, or both, constitute a default) under, or result in or permit the termination, modification, acceleration, or cancellation of (i) any indenture, mortgage, loan or credit agreement, license, instrument, lease, contract, plan, permit, authorization, proof of dedication or other agreement or commitment, oral or written, to which Parent or Buyer is a party, or by which any of their assets or properties may be bound or affected, except for such violations, conflicts, breaches, terminations, modifications, accelerations, cancellations, interests or rights which, individually or in the aggregate do not have a material adverse effect on their respective ability to perform their obligations under this Agreement and the Transaction Documents, or (ii) any judgment, injunction, writ, award, decree, restriction, ruling, or order of any court, arbitrator or Authority or any applicable constitution, law, ordinance, rule or regulation to which Buyer or Parent is subject other than those violations and conflicts which individually or in the aggregate do not have a material adverse effect on their respective ability to perform their obligations under this Agreement and the Transaction Documents.

  • No Violation of Laws The making of the Loans and the issuance of the Letters of Credit shall not contravene any Law applicable to any Loan Party or any of the Banks.

  • Several Obligations; Nonreliance; Violation of Law The respective obligations of the Lenders hereunder are several and not joint and the failure of any Lender to make any Loan or perform any of its obligations hereunder shall not relieve any other Lender from any of its obligations hereunder. Each Lender hereby represents that it is not relying on or looking to any margin stock (as defined in Regulation U of the Board) for the repayment of the Borrowings provided for herein. Anything contained in this Agreement to the contrary notwithstanding, neither the Issuing Bank nor any Lender shall be obligated to extend credit to the Borrowers in violation of any Requirement of Law.

  • Transfers in Violation of Agreement Any Transfer or attempted Transfer of any Stockholder Shares in violation of any provision of this Agreement shall be void, and the Company shall not record such Transfer on its books or treat any purported transferee of such Stockholder Shares as the owner of such shares for any purpose.

  • Notification of Laws and Regulations The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.

  • COMPLIANCE OF LAWS, NOTIFICATIONS ETC. BY PARTIES The Parties are entering into this Agreement for the allotment of a Apartment with the full knowledge of all laws, rules, regulations, notifications applicable to the project.

  • Application of Law The Lessee shall comply with all laws, ordinances, regulations, and other legal requirements affecting the Premises and the use thereof, and the Lessee shall indemnify, defend, and hold the Lessor harmless from expense or damage resulting from failure to do so.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!