Examples of Governmental Requirements in a sentence
CLUB agrees to be in compliance at all times and to comply with such Governmental Requirements imposed upon the Land and shall not in any way subject City to liability or exposure for failure to adhere to the same.
For the benefit of each Loan Party, the Borrower has (a) all insurance policies sufficient for the compliance by the Loan Parties with all material Governmental Requirements and all material agreements and (b) insurance coverage, or self-insurance, in at least such amounts and against such risk (including public liability) that are usually insured against by companies similarly situated and engaged in the same or a similar business for the assets and operations of the Loan Parties.
CLUB shall notify City of its violation of any Governmental Requirement promptly after CLUB's knowledge thereof, and CLUB shall diligently and prudently take requisite action to correct any violations of Governmental Requirements as soon as reasonably possible after the discovery of same.
All additions, alterations, changes or improvements shall be made in conformance with applicable Governmental Requirements.
The Oil and Gas Properties (and Properties unitized therewith) of the Loan Party have been maintained, operated and developed in a good and workmanlike manner and in conformity with all Governmental Requirements in all material respects and in conformity with the provisions of all leases, subleases or other contracts comprising a part of the Hydrocarbon Interests and other contracts and agreements forming a part of the Oil and Gas Properties of the Loan Party in all material respects.