Orders and Applicable Laws Sample Clauses
The "Orders and Applicable Laws" clause establishes that all orders placed under the agreement must comply with relevant laws and regulations. In practice, this means that both parties are responsible for ensuring their actions, products, or services adhere to local, state, and federal legal requirements when fulfilling orders. This clause helps prevent legal violations and clarifies that compliance is a shared obligation, thereby reducing the risk of regulatory penalties or disputes arising from unlawful conduct.
Orders and Applicable Laws. There shall not be in effect on the Closing Date any Order or Applicable Law restraining, enjoining or otherwise prohibiting or making illegal the consummation of any of the transactions contemplated by this Agreement.