Requirement Contest Sample Clauses

Requirement Contest. Tenant shall have the right to contest the validity of any Requirement or the application thereof. During such contest, compliance with any such contested Requirement may be deferred by Tenant on the condition that, before instituting any such proceeding, Tenant shall furnish Depositary with a surety company bond, cash deposit, letter of credit, guaranty or other security in form and amount reasonably satisfactory to Landlord, securing compliance with the contested Requirement and payment of all interest, penalties, fines, civil liabilities, fees and expenses in connection therewith. Any such proceeding instituted by Tenant shall be commenced promptly after Tenant makes its election to contest such Requirement and shall be prosecuted with diligence to final adjudication, settlement, compliance or other mutually acceptable disposition of the Requirement so contested. The furnishing of any bond, deposit, guaranty or other security notwithstanding, Tenant shall comply with any such Requirement in accordance with the provisions of Section 16.1(a) hereof if the Premises, or any part thereof, are in danger of being forfeited or if Landlord is in danger of being subjected to criminal liability or penalty, or civil liability in excess of the amount for which Tenant shall have furnished security as hereinabove provided by reason of noncompliance therewith. Tenant shall not be required to comply with the provisions of this Section 35.3 for as long as Tenant and any of Tenant's Control Affiliates whose assets are available for the payment of claims against Tenant have a net worth equal to or in excess of $100,000,000.
AutoNDA by SimpleDocs
Requirement Contest h....h................ ........................ ......h....h... ......................... 99 SECTION 32.4 OWNER'S PARTICIPATION IN CONTEST PROCEEDINGS.....................................................................99 SECTION 32.5 NONAPPLICABILITY OF THIS ARTICLE 32. .......................................h............................................ 100 ARTICLE 33 - NONDiSCRIMINATION...............,........,....................................................................................... 100 SECTION 33.1 NONDISCRIMINATION. ........ ... ......... ............h.. ... ..............................................h... ........ ........... ..... 100 ARTICLE 34 - INDICTMENT, INVESTIGATIONS, ETC,.............,.......,........................................................,.., 100 SECTION 34.1 COOPERATION IN INVESTIGATIONS............................................................................................... 100 iv F:\MINSKERIC.M.BIP ARKONEIPOGROUNDLEASE.EXECI2.1.DOC ~t[: I 8938rCZ42l ARTICLE 35 - ENVIRONMENTAL MATTERS ..........,....,.........'..................................'.................,.................... 100 SECTION 35. I SECTION 35.2 SECTION 35.3 SECTION 35.4 SECTION 35.5 SECTION 35.6 SECTION 35.7 SECTION 35.8 SECTION 35.9 SECTION 35.10 DEFINITIONS. ........... ................................................ ..... .............. ........ ........ ..... ........ .....................

Related to Requirement Contest

  • Technical Requirements 2.7.4.1 The NID shall provide an accessible point of interconnection and shall maintain a connection to ground.

  • Regulatory Requirements Each Party’s obligations under this Agreement shall be subject to its receipt of any required approval or certificate from one or more Governmental Authorities in the form and substance satisfactory to the applying Party, or the Party making any required filings with, or providing notice to, such Governmental Authorities, and the expiration of any time period associated therewith. Each Party shall in good faith seek and use its Reasonable Efforts to obtain such other approvals. Nothing in this Agreement shall require Developer to take any action that could result in its inability to obtain, or its loss of, status or exemption under the Federal Power Act or the Public Utility Holding Company Act of 2005 or the Public Utility Regulatory Policies Act of 1978, as amended.

  • General Requirements The Contractor hereby agrees:

  • General Requirement Any notice, election, demand, request, consent, approval, or other communication required or permitted to be given under this Contract shall be in writing signed by an officer or duly authorized representative of the party making same and shall be delivered personally or shall be sent by certified or statutory mail, postage prepaid, return receipt requested, shall be effective as of the date on which it is received or would have been received but for the refusal of the addressee to accept delivery, and shall be addressed as shown in the Contract. The persons and addresses to which notices should be given may be changed by notice given in accordance with this Article.

Time is Money Join Law Insider Premium to draft better contracts faster.