Legal Restriction definition

Legal Restriction means any federal, state, local or foreign statute, law (including common law), regulation, ordinance, code, rule, judgment, order, writ, injunction, decree, Permit, concession, grant, franchise, license, agreement or other governmental restriction, or any applicable interpretation, guideline or other policy document issued by a Governmental Authority or its staff, to the extent that such interpretation, guideline or policy has the force of law or would customarily be complied with in the ordinary course of conduct of business by a Person subject to such interpretation, guideline or policy.
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Legal Restriction in this context means that there may be exceptional circumstances where an adult at risk makes a decision or intends to act in a way that is unlawful or where their care needs to be addressed under the Mental Health Act 1983.
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Legal Restriction means any injunction, judgment, order, decree, ruling, charge or other restriction of any Governmental Authority or arbitrator.
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Examples of Legal Restriction in a sentence

  • The Borrower shall repay the Default Amount, with accumulated interest pursuant to Section 1.2.2, within 30 days after any Legal Restriction is removed.

  • The primary restricted revenue sources include: Revenue Source Legal Restriction of Use Low Rent Housing Program:LRH Operating subsidy and tenant rental income Public Housing Capital Fund: Federal (HUD) grantFunds are available to achieve and maintain adequate operating and maintenance services and reserves.

  • The Company (a) is not subject to any outstanding Legal Restriction and (b) is not a party to, and, to Sellers’ Knowledge, is not threatened to be made a party to, any Legal Action by or before any Governmental Authority.

  • None of the Company or its Subsidiaries (a) is subject to any Legal Restriction or (b) is a party to or, to the Knowledge of the Specified Company Parties of the Company, is threatened to be made a party to, any Legal Action of, in or before any court or quasi-judicial or administrative agency of any U.S. federal, state, local or foreign jurisdiction or before any arbitrator.

  • There is no Legal Restriction outstanding or any Legal Action pending or, to NorMedix’s Knowledge, threatened in law or in equity by or before any Governmental Authority involving NorMedix arising out of an allegation of noncompliance with any Health Care Laws or Food and Drug Laws.

  • Legal Restriction on Currency Overlay Under the Investment Advisory Law of 1986 (Law for Regulating Securities Investment Advisory Business), services provided by investment advise rs to pension funds and other clients are limited to investment in marketable securities.

  • Hermalin (1990), “ Legal Restriction on Private Contracts Can Enhance Efficiency ” Journal of Law, Economics and Organizations, vol.

  • In the event the Company's repurchase is subject to a Legal Restriction or any restriction imposed by the Articles of Organization or the By-laws of the Company, the Company will use commercially reasonable efforts so as to address any such restriction so the Company is then permitted to make any outstanding repurchases.

  • Despite the theo- retical interest of VR 3D display over the current post- processing techniques, no definite advantage of this technique for the evaluation of carotid artery disease is found in most of the cases.

  • Assuming the compliance of Buyer with the provisions of this Agreement, neither the execution and the delivery of this Agreement, nor the consummation of the Transactions, will violate any provision of the organizational documents of the Companies, or to the Knowledge of the Company, violate any Applicable Law or Legal Restriction to which the Companies are subject.


More Definitions of Legal Restriction

Legal Restriction shall have the meaning assigned to such term in Section 8.13.
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Legal Restriction in this context means that there may be exceptional circumstances where a service user makes a decision or intents to act in a way that is unlawful or where their need for care should be addressed under the Mental Health Act 1983.
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Legal Restriction means any statute, law, ordinance, rule, regulation permit, concession, license, judgment, order, or decree
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Legal Restriction means any (i) legal limitation and fiduciary duties established
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Legal Restriction shall have the meaning given such term in Section ----------------- ------- 6.4. -----
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Related to Legal Restriction

  • Put Restriction means the days between the beginning of the Pricing Period and Closing Date. During this time, the Company shall not be entitled to deliver another Put Notice.

  • SEC Restrictions has the meaning set forth in Section 2(b).

  • Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

  • Company Restricted Shares Section 2.4(c)

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with applicable securities laws.

  • Ownership Restrictions means collectively the Ownership Limit as applied to Persons other than the Initial Holder or Look-Through Entities, the Initial Holder Limit as applied to the Initial Holder and the Look-Through Ownership Limit as applied to Look-Through Entities.

  • Company Restricted Share means each restricted share of Company Common Stock outstanding as of the Effective Time granted pursuant to any equity or compensation plan or arrangement of the Company.

  • Transfer Restrictions means restrictions that prohibit the sale, exchange, transfer, assignment, pledge, hypothecation, fractionalization, hedge or other disposal (including through the use of any cash-settled instrument), whether voluntarily or involuntarily by the Grantee, of an Award or any shares of Common Stock, cash or other property delivered in respect of an Award.

  • Award Shares means Shares covered by an outstanding Award or purchased under an Award.

  • Restricted Shares shall have the respective meanings set forth in Section 2.14.

  • Restricted Share Agreement means the agreement between the Company and the recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares.

  • Company Restricted Stock means all shares of Company Common Stock, subject to vesting or other restrictions, whether granted pursuant to the Company Stock Plans or otherwise.

  • Company Restricted Stock Award means each award with respect to a share of restricted Company Common Stock outstanding under any Company Stock Plan that is, at the time of determination, subject to forfeiture or repurchase by the Company.

  • Investment Restrictions means the investment restrictions of the Fund as set forth in the Declaration of Trust including, without limitation, those described in section 2.0 of this Annual Information Form.

  • Payment Restriction has the meaning set forth in Section 4.14.

  • Restricted Stock Agreement means the agreement between the Company and the recipient of a Restricted Share that contains the terms, conditions and restrictions pertaining to such Restricted Share.

  • Internal lot restriction means a platted note, platted demarcation, or platted designation that:

  • Restricted Share Award means an award of Restricted Shares.

  • Deed Restrictions means the deed restrictions to be recorded with respect to the Land, which deed restrictions shall be subject to the Director's approval and shall be commensurate with the nature and purpose of the Land as stated in the Recipient's application for grant funds under Revised Code Sections 164.20 through 164.27. The Deed Restrictions shall be perpetual and shall not be amended, released, extinguished or otherwise modified without the prior written approval of the Director, in the Director's sole discretion, who shall have full enforcement authority, as set forth more specifically in Section IX of this Agreement.

  • Dealing Restrictions means restrictions imposed by statute, order, regulation or Government directive, or by the Model Code or any code adopted by the Company based on the Model Code and for this purpose the Model Code means the Model Code on dealings in securities set out in Listing Rule 9, annex 1 (of the London Stock Exchange), as varied from time to time;

  • Restricted Share means a Share awarded to a Participant pursuant to Article 6 that is subject to certain restrictions and may be subject to risk of forfeiture.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Physical restraint means bodily force used to substantially limit a student’s movement, except that consensual, solicited, or unintentional contact and contact to provide comfort, assistance, or instruction shall not be deemed to be physical restraint.

  • Restricted Share Unit means the right granted to a Participant pursuant to Article 7 to receive a Share at a future date.

  • Company Restricted Stock Unit means a restricted stock unit issued pursuant to any of the Company Equity Plans that remains outstanding as of immediately prior to the Effective Time (other than Company Performance Restricted Stock Units).

  • Chemical restraint means the use of medication to control a student’s violent physical behavior or restrict a student’s freedom of movement.