Common use of Subjection to Government Regulation Clause in Contracts

Subjection to Government Regulation. Neither the Administrative Agent nor any Participant will become subject to ongoing regulation of its operations by any Governmental Authority solely by reason of entering into the Operative Documents or consummation or performance of the transactions contemplated thereby, except for regulation the applicability of which depends upon the existence of facts in addition to the ownership of, or the holding of any interest in, the Leased Property.

Appears in 3 contracts

Samples: Transaction Agreement (Corning Inc /Ny), Participation Agreement (Norfolk Southern Corp), Participation Agreement

AutoNDA by SimpleDocs

Subjection to Government Regulation. Neither None of the Administrative Agent nor or any Participant will become subject to ongoing regulation of its operations by any other Governmental Authority solely by reason of entering into the Operative Documents or the consummation or performance of the transactions contemplated thereby, except for regulation the applicability of which depends upon the existence of facts in addition to the ownership of, or the holding of any interest in, the Leased Property.regulation

Appears in 1 contract

Samples: Participation Agreement (Wabash National Corp /De)

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