Statutory Obligation Sample Clauses

A Statutory Obligation clause defines the requirement for parties to comply with all applicable laws and regulations relevant to the agreement. In practice, this means each party must ensure their actions under the contract do not violate any statutory requirements, such as health and safety laws, tax obligations, or industry-specific regulations. The core function of this clause is to allocate responsibility for legal compliance, reducing the risk of unlawful conduct and potential legal disputes arising from non-compliance.
Statutory Obligation. Notwithstanding Clause 23.2(b), the parties recognize that there may be circumstances of statutory obligation where it is not possible to provide the notice set forth in this article. In such circumstances, notice shall be provided as soon as possible.
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Statutory Obligation. The Contractor will ensure that all work is carried out in accordance with:  The Occupational Health and Safety Act 85 of 1993.  The Compensation for occupational injury and Disease Act 135 of 1993  The South African National Standard for the wiring of premises. (SANS 10142-1: 2003)  Specific acceptance of these rules implies that the Contractor guarantees that the Company has no liability in terms of Chapter 9 of the COID Act.  Any other applicable legislation.
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Statutory Obligation. 16.1 At the Tenant’s cost to comply in all respects with and do anything required under all Acts of Parliament both present and future and the requirements of any government department local authority other public or competent authority or court of competent jurisdiction so far as they may in any respect affect the Premises or the user thereof or the employment therein of any person or the use of any plant machinery fixtures or chattels therein and to execute any works and do any thing required to be executed or done (whether by the Landlord or the Tenant) thereunder by any competent person and to indemnify the Landlord against all liability and expense whatsoever arising out of or in connection with such enactments or of or incidental to the execution of such works or thing 16.2 Not to do in or near the Premises any act or thing by reason of which the Landlord may under any Act of Parliament incur have imposed upon it or become liable to pay any penalty damages compensation costs charges or expenses
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Statutory Obligation. Should at any time after the Contract date the Subdivision or sale of the Property become the subject of any condition or obligation imposed by any government or statutory body, including but not limited to any requisition, repair order, garnishee or the like (whether imposed on the Seller, Buyer or any other person) that the Seller is or unwilling or unable (in it’s absolute discretion) to comply with, the Seller may at any time following the imposition of such requisition, repair order, garnishee or the like, terminate this Contract by notice in writing to the Buyer.
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Statutory Obligation. There is a statutory obligation to enter into this MOU under Article 4(3) of The Local Better Regulation Office (Dissolution and Transfer of Functions, Etc.) Order 20121. The Local Better Regulation Office (LBRO) was dissolved and its continuing functions transferred into the Department for Business, Innovation and Skills (BIS) on 1 April 2012, to be carried out by the Better Regulation Delivery Office.
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Statutory Obligation. The County agrees to tie out land monuments as necessary for the above named project prior to construction work beginning and to tie out and re-establish monuments as necessary after construction is completed, in accordance with Neb. Rev. Stat. § ▇▇-▇▇▇▇-▇▇ and § ▇▇-▇▇▇▇-▇▇, at the location as shown on the attached Exhibit “A”, and hereby made a part of this agreement. The County agrees to perform all work, all under the direct supervision of a Registered Land Surveyor. Said surveying work shall be completed with 30 days of receipt of written notice of the State’s Project Manager. The County further agrees to file the survey with the County Surveyor and/or County Clerk, with the Survey Record Repository in the State Surveyor’s Office in Lincoln and with the Deputy State Surveyor in the Right of Way Division at the Department of Transportation’ Lincoln Headquarters.
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Statutory Obligation a. Nothing in Section 7106 of the Statute shall preclude the Employer and the Union from negotiating: (1) At the election of the Employer, on the numbers, types, and grades of employees, or positions assigned to any organizational subdivision, work project, or tour of duty, or the technology, method, and means of performing work; (2) Procedures which management officials of the Employer will observe in exercising any authority under the Statute; (3) Appropriate arrangements for employees adversely affected by the exercise of any authority under the Statute by the Employer.
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Statutory Obligation 
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Related to Statutory Obligation

  • Statutory Obligations Nothing in this Agreement shall be construed to modify, eliminate or detract from the statutory responsibilities and obligations of the Employer.

  • Statutory Obligations and Regulations D1 Prevention of Corruption 19 D2 Prevention of Fraud 20 D3 Discrimination 21 D4 The Contracts (Rights of Third Parties) Act 1999 21 D5 Environmental Requirements 21 D6 Health and Safety 21

  • Primary Obligation This Agreement is a primary and original obligation of each Borrower and shall remain in effect notwithstanding future changes in conditions, including any change of law or any invalidity or irregularity in the creation or acquisition of any Obligations or in the execution or delivery of any agreement between Bank and any Borrower. Each Borrower shall be liable for existing and future Obligations as fully as if all of all Credit Extensions were advanced to such Borrower. Bank may rely on any certificate or representation made by any Borrower as made on behalf of, and binding on, all Borrowers, including without limitation Disbursement Request Forms, Borrowing Base Certificates and Compliance Certificates.

  • Primary Obligations This Guaranty is a primary and original obligation of Guarantor, is not merely the creation of a surety relationship, and shall remain in full force and effect without respect to future changes in conditions, including any change of law or any invalidity or irregularity with respect to the issuance of the Loan Documents. Each person executing this Guaranty as Guarantor agrees that it is directly and severally (but not jointly) with any and all other guarantors of the Guaranteed Obligations, liable to Lender, that the obligations of Guarantor hereunder are independent of the obligations of Borrower or any other guarantor, and that a separate action may be brought against each person signing as Guarantor whether such action is brought against Borrower or any other guarantor or whether Borrower or any such other guarantor is joined in such action. Guarantor agrees that any release which may be given by Lender to Borrower or any other guarantor shall not release Guarantor. Guarantor consents and agrees that Lender shall be under no obligation to marshal any assets of Borrower or any other guarantor in favor of Guarantor, or against or in payment of any or all of the Guaranteed Obligations.

  • Fiduciary Obligations The Executive agrees that Proprietary Information is of critical importance to the Company and a violation of this Section 7 would seriously and irreparably impair and damage the Company's business. The Executive agrees that he shall keep all Proprietary Information in a fiduciary capacity for the sole benefit of the Company.