Orders, Decrees and Rulings Clause Samples
The "Orders, Decrees and Rulings" clause defines how the parties to an agreement must comply with official directives issued by courts, government agencies, or regulatory authorities. In practice, this clause typically requires each party to promptly follow any binding orders or legal requirements that affect the contract, such as a court injunction or a regulatory mandate. Its core function is to ensure that the contract remains in compliance with applicable laws and authoritative decisions, thereby reducing legal risk and clarifying the parties' obligations in response to external legal developments.
Orders, Decrees and Rulings. Except as described in this Agreement, Seller is not a party to any order, decree or ruling of any court or administrative agency, federal, state or local, nor has Seller any contracts, formal or informal, with any such agency that could materially and adversely affect the ability of Seller to perform its obligations hereunder or conduct its business or the ability of Buyer to own the Acquired Assets and to conduct its business as previously conducted by Seller.
Orders, Decrees and Rulings. Neither Buyer nor Adventist Health is a party to any order, decree or ruling of any court or administrative agency, federal, state or local, nor is either a party to any contracts, formal or informal, with any such agency that could materially and adversely affect the ability of Buyer or Adventist Health to perform its obligations hereunder.
Orders, Decrees and Rulings. Except for the Chapter 9 Proceeding and any court orders, decrees or rulings thereunder, the Borrower is not a party to any order, decree or ruling of any court or administrative agency, federal, state or local, nor has the Borrower any contracts, formal or informal, with any such agency that could materially and adversely affect the ability of the Borrower to perform its obligations hereunder or conduct its business.
Orders, Decrees and Rulings. District is not a party to any order, decree or ruling of any Government Entity, nor has District any contracts, formal or informal, with any such Government Entity that could materially and adversely affect the ability of District to perform its obligations hereunder or conduct its business or the ability of AH Mendocino to own the Transferred Assets and to conduct its business as previously conducted by District.
Orders, Decrees and Rulings. Neither AH Mendocino or Stone Point Health is a party to any order, decree or ruling of any court or administrative agency, federal, state or local, nor is either a party to any contracts, formal or informal, with any such agency that could materially and adversely affect the ability of AH Mendocino or Stone Point Health to perform its obligations hereunder.