Regulatory Compliance Matters. (a) Before the Company shall redeem, purchase or otherwise acquire, directly or indirectly, or convert or take any action with respect to the voting rights of, any interest in any Units or any securities convertible into or exchangeable for any interest in any Units, the Company shall give written notice of such pending action to the Regulated Members. Upon the written request of any Regulated Member made within 5 days after its receipt of any such notice stating that after giving effect to such action such Regulated Member would have a Regulatory Problem, the Company shall defer taking such action for such period (not to extend beyond 15 days after such Regulated Member’s receipt of the Company’s original notice) as such Regulated Member requests to permit it and its Affiliates to avoid the Regulatory Problem in accordance with this Agreement.
Regulatory Compliance Matters. (a) If Officer is suspended and/or temporarily prohibited from participating in the conduct of the Bank's affairs as the result of a notice served under Section 8(e)(3) or (g)(l) of the Federal Deposit Insurance Act, the Bank's obligations hereunder shall be suspended for the period of time Officer is so suspended or temporarily prohibited beginning on the date of service of such notice to the Bank, unless such suspension of Officer is stayed by appropriate proceedings. If the charges in the notice are dismissed, the Bank may in its discretion (i) pay Officer all or part of the compensation withheld while its obligations hereunder were suspended, and (ii) reinstate, in whole or in part, any of such obligations.
Regulatory Compliance Matters. To the extent that DFSC shall advise UNNF in writing that DFSC believes, in its reasonable judgment, that an issue may exist regarding UNNF's compliance with applicable regulatory requirements, UNNF agrees to review such issue with DFSC and, if UNNF agrees with DFSC's advice, UNNF shall take prompt commercially reasonable steps to address compliance with such regulatory requirements.
Regulatory Compliance Matters. ..................................6 2.8 Conversion of Common Units in General..............................7 2.9 Conversion of Class B Common Units.................................7 2.10 Conversion Procedure...............................................9 2.11 SBIC Regulatory Provisions........................................10 2.12 Deliveries........................................................11
Regulatory Compliance Matters. (a) With regard to each jurisdiction in which services under the Transition Services Agreement have terminated or expired, the Purchasers agree to thereafter administer any warranty claims and recalls with regard to Business Products sold by the Business in such jurisdiction prior to the Closing. In the event that the Purchasers reasonably determine to recall Business Products sold by the Business prior to the Closing as a result of reported defects in such Business Products, or in the event that a Governmental Authority directs the Purchasers to recall Business Products sold by the Business prior to the Closing, Purchasers shall promptly notify the Sellers of such recall. The Sellers shall reimburse the Purchasers in accordance with Section 6.11(d) for all Losses actually incurred arising from warranty claims and recalls related to Business Products sold by the Business prior to the Closing (“Pre-Closing Warranty Claims”) to the extent that the aggregate amount of such Losses (the “Warranty Losses”) exceeds fifty thousand dollars ($50,000).
Regulatory Compliance Matters. 2.8 Conversion of Common Units in General 2.9 Conversion of Class B Common Units
Regulatory Compliance Matters. The Company and the Company Subsidiary are and, to the extent relevant since January 1, 2012, have been in compliance in all material respects with any and all applicable laws (including but not limited to the Cosmetic Products Enforcement Regulations 2013 (UK), the Cosmetics Products Regulation (EC) 1223/2009 and its predecessor Directives and national implementing laws) from time to time in force relating to the manufacture and supply and sale of their products in all jurisdictions where their products have been and are sold by the Company or the Company Subsidiary, and (b) the Company and the Company Subsidiary have taken reasonable steps to ensure that any substances used in their products, and the products themselves, are registered in accordance with Regulation (EC) No 1907/2006 concerning the Registration, Evaluation, Authorisation and Restriction of Chemicals (as amended, as of the date hereof) and any subordinate legislation to the extent required by such regulation.
Regulatory Compliance Matters. From the date of this Agreement until the earlier of the Effective Time or the termination of this Agreement, unless the prior written consent of Buyer shall have been obtained, Target shall, and shall cause each of its Subsidiaries to:
Regulatory Compliance Matters. From the Effective Time through the Closing Date, if any of the Assets are not in compliance with the Minerals Management Service’s regulations, or any other governmental agency’s regulations, including, but not limited to the U.S. Coast Guard, The ABS and the Department of Transportation, Buyer may notify Seller of such in writing and Seller shall, at its sole expense, take all actions reasonably necessary to return said Assets to compliance with Minerals Management Service regulations, and to the extent Seller has not taken such actions prior to such time, shall indemnify Buyer for any Indemnified Losses associated with its failure to take such actions. Any regulatory compliance issues of which Seller is not notified at least two (2) business days prior to closing are deemed waived by Buyer.
Regulatory Compliance Matters. 38 8.10 Consents............................................... 38 8.11
