Regulatory and legal requirements Sample Clauses

Regulatory and legal requirements. It is the responsibility of each market participant to ensure that it complies with national and/or European legislation, including requirements of any relevant competent authority, and obtained all necessary authorizations in connection with its participation in Auctions or in the use of Daily Transmission Rights. CHAPTER 3 Collaterals
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Regulatory and legal requirements. It is the responsibility of each Registered Participant to ensure that it complies with all relevant legislation, including requirements of any relevant competent authority, and obtained all necessary authorisations in connection with its participation in Auctions and its use of Intraday Transmission Rights. CHAPTER 3
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Regulatory and legal requirements. It is the responsibility of each market participant to ensure that it complies with national and European legislation, including requirements of any relevant competent authority, and obtained all necessary authorisations in connection with its participation in Shadow Auctions and the use of Transmission Rights allocated in the day-ahead market timeframe. CHAPTER 3 Shadow Auctions
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Regulatory and legal requirements. (a) Each Licensee agrees to comply with all material, applicable regulatory, statutory and treaty requirements in the Territory or any other country in which such Licensee operates as Licensor’s sales representative and/or sublicensor hereunder, and not to place Licensor in jeopardy of not complying with any such requirements.
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Regulatory and legal requirements. 7.1 Upon the Effective Date, Matrix shall be responsible for maintaining the global drug surveillance database for the Product, and shall support any other HMR licensee of the Compound or Product to the extent such licensees are willing to enter into an agreement with Matrix whereby any such licensee (a) assumes reporting obligations from the database for its own territory; and (b) agrees to provide and provides Matrix with all required information from its own territory to add to the database. Matrix shall be responsible for adverse event reporting only in its own Territory.
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Regulatory and legal requirements. The Company agrees to comply with all material, applicable regulatory, statutory and treaty requirements in any jurisdiction in which the Company operates. The Company shall comply with all applicable laws of the United States of America to which it is or may become subject, including the United States Export Control Regulations and the Foreign Corrupt Practices Act.
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Regulatory and legal requirements. Under the applicable regulations and laws, SAP and its customers are required to execute enhanced audit, disaster recovery (including backups) and other data protection requirements, current or in the future, whether directly or in support of customer’s obligations. Accordingly, Third Party will:
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Related to Regulatory and legal requirements

  • Compliance with Legal Requirements The granting and exercising of the Option, and any other obligations of the Company under this Agreement shall be subject to all applicable federal and state laws, rules and regulations and to such approvals by any regulatory or governmental agency as may be required. The Committee, in its sole discretion, may postpone the issuance or delivery of Option Shares as the Committee may consider appropriate and may require the Participant to make such representations and furnish such information as it may consider appropriate in connection with the issuance or delivery of Option Shares in compliance with applicable laws, rules and regulations.

  • Existence; Compliance with Legal Requirements Borrower shall, and shall cause Mortgage Borrower, Senior Mezzanine Borrower and Operating Company to, do or cause to be done all things necessary to preserve, renew and keep in full force and effect their existence, rights, licenses, permits and franchises and comply with all Legal Requirements applicable to Borrower, Senior Mezzanine Borrower, Mortgage Borrower, the Collateral, the Senior Mezzanine Collateral, Operating Company and the Properties, including, without limitation, Prescribed Laws. There shall never be committed by Borrower and Borrower shall not permit Mortgage Borrower or Senior Mezzanine Borrower to permit any other Person in occupancy of or involved with the operation or use of the Properties, including Operating Company, to commit any act or omission affording the federal government or any state or local government the right of forfeiture against the Collateral, the Senior Mezzanine Collateral, any Individual Property or any part thereof or any monies paid in performance of Borrower’s obligations under any of the Loan Documents. Borrower hereby covenants and agrees not to commit, permit or suffer to exist any act or omission affording such right of forfeiture. Borrower shall, and shall cause Mortgage Borrower to, at all times maintain, preserve and protect all franchises and trade names and preserve all the remainder of its property used or useful in the conduct of its business and shall keep the Properties in good working order and repair. Borrower shall cause Mortgage Borrower to keep the Properties insured at all times as (and in the amounts) provided elsewhere in this Agreement. Borrower shall cause Mortgage Borrower to operate any Individual Property that is the subject of the O&M Agreement in accordance with the terms and provisions thereof in all material respects. After prior notice to Lender, Borrower, at its own expense, may contest (or cause Mortgage Borrower to contest) by appropriate legal proceeding promptly initiated and conducted in good faith and with due diligence, the validity of any Legal Requirement, the applicability of any Legal Requirement to Borrower, Senior Mezzanine Borrower, Mortgage Borrower, the Collateral, the Senior Mezzanine Collateral or any Individual Property or any alleged violation of any Legal Requirement, provided that (i) no Event of Default has occurred and remains uncured; (ii) such proceeding shall be permitted under and be conducted in accordance with the provisions of any applicable material instrument to which Borrower, Senior Mezzanine Borrower or Mortgage Borrower is subject and shall not constitute a default thereunder and such proceeding shall be conducted in accordance with all Legal Requirements; (iii) none of the Collateral, the Senior Mezzanine Collateral or any Individual Property nor any material part thereof or interest therein will be in imminent danger of being sold, forfeited, terminated, cancelled or lost; (iv) Borrower shall promptly upon receipt of a final, non-appealable determination thereof comply with any such Legal Requirement determined to be valid or applicable or cure any violation of any such Legal Requirement; (v) such proceeding shall suspend the enforcement of the contested Legal Requirement against Borrower, Senior Mezzanine Borrower, Mortgage Borrower, the Collateral, the Senior Mezzanine Collateral and any Individual Property; and (vi) Borrower shall furnish such security as may be required in the proceeding, or as may be reasonably requested by Lender, to insure compliance with such Legal Requirement, together with all interest and penalties payable in connection therewith. Lender may apply any such security, as necessary to cause compliance with such Legal Requirement at any time when, in the reasonable judgment of Lender, the validity, applicability or violation of such Legal Requirement is finally established or the Collateral, the Senior Mezzanine Collateral or any Individual Property (or any part thereof or interest therein) shall be in imminent danger of being sold, forfeited, terminated, cancelled or lost.

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