Licensing Laws definition

Licensing Laws shall have the meaning set forth in Section 7.4.

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Licensing Laws are defined as all applicable governmental laws, statutes, ordinances, decisions, rules, and regulations governing the negotiation, solicitation and sale of insurance.

Licensing Laws means the applicable chapter providing for the regulation, licensing, and practice of a profession or vocation by the licensing authority.

Examples of Licensing Laws in a sentence

• Borrower and each Subsidiary are in compliance with all federal, state, and local laws, rules, regulations, ordinances, codes and orders, including without limitation all Environmental Laws and all Licensing Laws, with respect to which noncompliance could reasonably be expected to result in a Material Adverse Effect.

• The Loan Parties shall, and shall cause each of their Subsidiaries to, comply with all Requirements of Law applicable to it, including any State Licensing Laws and Environmental Laws, except where the failure to so comply could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

• Borrower is in compliance with all federal, state, and local laws, rules, regulations, ordinances, codes and orders, including without limitation all Environmental Laws and all Licensing Laws, with respect to which noncompliance would result in a Material Adverse Effect.

• The Lessee will not at any time permit the sale of intoxicating liquor within the Premises unless in accordance with the Licensing Laws and the Permitted Use.

• The Loan Parties shall, and shall cause each of their Subsidiaries to, comply with all Requirements of Law applicable to it, including any State Licensing Laws, except where the failure to so comply would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

More Definitions of Licensing Laws

Licensing Laws shall have the meaning set forth in Section 8.4.

Licensing Laws means any statute or regulation which would impose a requirement that the Originator, the Transferor, the Trustee, the Trust, the Servicer, the Back-up Servicer or any Successor Servicer obtain and maintain a license in order to own or acquire Premium Finance Agreements, service Premium Finance Agreements or otherwise engage in the business of insurance premium financing, in each case, as contemplated by this Agreement and the Receivables Purchase Agreement.

Licensing Laws means all Applicable Laws that may be enforced by any Governmental Body relating to licensing or registration in connection with lending, loan brokering or servicing, debt collections or the sale or issuance of credit cards, virtual cards, checks, drafts, money orders, travelers checks or other payment instruments, whether or not negotiable, the transmission of funds by electronic or other means, the sale or issuance of stored value cards or devices, and/or Financial Services Licenses.

Licensing Laws shall have the meaning set forth in Section 7.4. Lien: means with respect to any asset any mortgage, deed of trust, pledge, security interest, hypothecation, assignment for security purposes, encumbrance, lien (statutory or other), or other security agreement or charge, or encumbrance of any kind or nature whatsoever (including, without limitation, any conditional sale, Capital Lease or other title retention agreement related to such asset, and including, in the case of capital stock, any stockholder agreements, voting trust agreements and all similar arrangements). Loan Documents: means this Credit Agreement and the Notes. Loan Payment: shall have the meaning set forth in Section 13.1. Loans: means, collectively, the term loans made pursuant to Section 2.12.1.1, the revolving loans made pursuant to Section 2.1.2 and the Incremental Loans made pursuant to Section 2.9, including all Base Rate Loans, all LIBO Rate Loans and all Quoted Rate Loans. Material Adverse Effect: means a material adverse effect on (a) the financial condition, results of operation, business or property of Borrower, or of Borrower and its Subsidiaries taken as a whole; or

Licensing Laws means any statute or regulation which would impose a requirement that the Originator, the Transferor, the Trustee, the Trust, the Servicer, the Back-up Servicer or any Successor Servicer obtain and maintain a license in order to own or acquire Premium Finance Agreements, service Premium Finance Agreements or otherwise engage in the business of insurance premium financing, in each case, as contemplated by this Agreement, the First Tier Receivables Purchase Agreement and the Second Tier Receivables Purchase Agreement.

Licensing Laws means the applicable subpart providing for

Licensing Laws means the laws, regulations and administrative declarations made by the Luxembourg Licensing Authority;