Regulatory Direction definition

Regulatory Direction means, in relation to any person, a direction or requirement of any Governmental Authority with whose directions or requirements such person is accustomed to comply.
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Regulatory Direction means, in relation to any Person, a direction or requirement of any Governmental Authority with whose directions or requirements such Person is accustomed to comply;
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Regulatory Direction means, in relation to any person, a direction or requirement of any Governmental Authority with whose directions or requirements such person is accustomed to comply. Repurchase by the SellerThe Seller has agreed in the Mortgage Sale Agreement to repurchase any of the Loans together with their Related Security sold by it to the Issuer in the circumstances described below. If any of the Loan Warranties given by the Seller are materially breached in respect of any Loan and/or its Related Security or any representation or warranty proves to be materially untrue as at the Closing Date or, in respect of a Further Advance, Flexible Drawing, Product Switch or Substitution as at the Testing Date (as defined below), the Seller will serve a notice promptly, but in any event no later than 5 Business Days following the Closing Date or the relevant Testing Date, on the Issuer in relation thereto. If such breach (where capable of remedy) has not been remedied within 30 days of receipt by the Issuer of such notice from the Seller, the Issuer will serve a repurchase notice on the Seller. The Seller will, repurchase such Loan and its Related Security from the Issuer within 30 days of such repurchase notice being received (or such other date as the Issuer may direct in the repurchase notice, provided that the date so specified by the Issuer shall not be later than 30 days after receipt by the Seller of such repurchase notice). Consideration for such repurchase shall be provided by payment in cash and/or the substitution of equivalent Loan(s) (the "Substitute Loans") such that the aggregate of the Current Balance(s) of the Substitute Loan(s), if any, and the cash payment amount, if any, equals at least the Current Balance(s) of the Loan(s) subject to repurchase. A Loan and its Related Security may also be repurchased in certain circumstances where a Product Switch, Further Advance, Flexible Drawing or, substitution is made. See "Product Switches, Flexible Drawings, Further Advances and Substitution" below. The Seller must, pursuant to the terms of the Mortgage Sale Agreement, notify the Issuer and the Trustee of any breach of a Loan Warranty as soon as the Seller becomes aware of such breach.Product Switches, Flexible Drawings, Further Advances and Substitution
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Examples of Regulatory Direction in a sentence

  • The Issuer shall at all times carry on and conduct its affairs in a proper and efficient manner in compliance with any requirement of law and any Regulatory Direction from time to time in force in Jersey or England and Wales or in any other jurisdiction in which it carries on business and in compliance with its Memorandum and Articles of Association save where failure to do so would not constitute a Material Adverse Effect.

  • During the term of this Agreement, the Corporate Services Provider shall, at all times perform its obligations with all due care, skill and diligence and in good faith provided that the Corporate Services Provider shall not be required to do or cause to be done anything which it is prevented from doing by any Regulatory Direction or any Requirement of Law.

  • During the term of this Agreement, the Corporate Services Provider shall, at all times perform its obligations with all due care, skill and diligence and in good faith as would be reasonably expected for a commercially appointed corporate services provider, provided that the Corporate Services Provider shall not be required to do or cause to be done anything which it is prevented from doing by any Regulatory Direction or any Requirement of Law.

  • During the term of this Agreement, the Issuer Corporate Services Provider shall at all times perform its obligations with all due care, skill and diligence and in the utmost good faith, provided that the Issuer Corporate Services Provider shall not be required to do or cause to be done anything which it or the Issuer is prevented from doing by the Articles, any Regulatory Direction or any Requirement of Law or any agreements or instruments binding upon the Issuer.

  • During the term of this Agreement, the Loan Note Issuer Corporate Services Provider shall at all times perform its obligations with all due care, skill and diligence and in the utmost good faith, provided that the Loan Note Issuer Corporate Services Provider shall not be required to do or cause to be done anything which it or the Loan Note Issuer is prevented from doing by the Articles, any Regulatory Direction or any Requirement of Law or any agreements or instruments binding upon the Loan Note Issuer.

  • The Issuer has obtained and maintained in effect all authorisations, approvals, licences and consents required in connection with its business and the consummation of the transactions contemplated by the Relevant Transaction Documents pursuant to any Requirement of Law or any Regulatory Direction applicable to the Issuer in the Issuer Jurisdiction and in each other jurisdiction in which the Issuer carries on business.

  • COPYDuring the term of this Agreement, the Corporate Services Provider shall, at all times perform its obligations with all due care, skill and diligence and in good faith provided that the Corporate Services Provider shall not be required to do or cause to be done anything which it is prevented from doing by any Regulatory Direction or any Requirement of Law.

  • The Seller has obtained and maintains in effect all authorisations, approvals, licences and consents required in connection with its business pursuant to any Requirement of Law and any Regulatory Direction applicable to the Seller in Ireland and in each other jurisdiction in which the Seller carries on business.

  • The draft communications plan has been presented at the Regulatory Direction and Delivery Committee.

  • The Servicer has obtained and maintains in effect all authorisations, approvals, licences and consents required in connection with its business pursuant to any Requirement of Law and any Regulatory Direction applicable to the Servicer in the Servicer Jurisdiction and in each other jurisdiction in which the Servicer carries on business.


More Definitions of Regulatory Direction

Regulatory Direction means a direction given under section 464;
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Regulatory Direction means, in relation to any person, a direction or requirement of any Governmental Authority with whose directions or requirements such person is accustomed to comply. “Rejected Vehicle” has the meaning specified in Clause 2.1(e) (Lease Vehicle Acceptance or Nonconforming Lease Vehicle Rejection) of each Master Lease. “Rejection Date” has the meaning specified in Clause 2.1(e) (Lease Vehicle Acceptance or Nonconforming Lease Vehicle Rejection) of each Master Lease. “Related Documents” means each of the Issuer Related Documents and the FleetCo Related Documents. “Related Month” means, with respect to any date of determination, the most recently ended calendar month. “Relevant DBRS Rating” means, with respect to any Person as of any date of determination: (a) if such Person has both a long term issuer rating by DBRS and a senior unsecured rating by DBRS as of such date, then the higher of such two ratings as of such date and (b) if such Person has only one of a long term issuer rating by DBRS and a senior unsecured rating by DBRS as of such date, then such rating of such Person as of such date; provided that, if such Person does not have any of such ratings as of such date, then there shall be no Relevant DBRS Rating with respect to such Person as of such date. “Relevant Fitch Rating” means, with respect to any Person, (a) if such Person has both a senior unsecured rating by Fitch and a long term issuer default rating by Fitch as of such date, then the higher of such two ratings as of such date, (b) if such Person has only one of a senior unsecured rating by Fitch and a long term issuer default rating by Fitch as of such date, then such rating of such Person as of such date; provided that, if such Person does not have any of such ratings as of such date, then there shall be no Relevant Fitch Rating with respect to such Person as of such date. “Relevant Jurisdiction” means:
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Regulatory Direction means a direction given under section 428F.
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Regulatory Direction means, in relation to any person, a direction or requirement of any governmental authority with whose directions or requirements such person is accustomed to comply;
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Regulatory Direction means, in relation to any person, a direction or requirement of any Governmental Authority with whose directions or requirements such person is accustomed to comply. “ Related Contract Rights ” means, in relation to a Receivable, any rights (including rights of retention of title) under or relating to the Contract to which such Receivable relates. “ Related Rights ” has the meaning given in clause 2.1(d) ( Offer, Acceptance, Sale and Purchase ) of the relevant Master Receivables Purchase Agreement other than the U.S. Receivables Purchase Agreement, and, when used in respect of each U.S. Purchased Receivable in connection with the U.S. Receivables Purchase Agreement, has the meaning given in clause 2.1(e) ( Offer, Acceptance, Sale and Purchase or Contribution ) of the U.S. Receivables Purchase Agreement. “ Related Security ” means with respect to any Purchased Receivable: (a) all of the relevant Seller’s interest in any goods (including returned goods) relating to any sale giving rise to such
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Regulatory Direction means, in relation to any person, a direction or requirement of any Governmental Authority with whose directions or requirements such person is obliged to comply in accordance with any Requirement of Law.
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Related to Regulatory Direction

  • Regulatory Data means any and all research data, pharmacology data, chemistry, manufacturing, and control data, preclinical data, clinical data or all other documentation submitted, or required to be submitted, to Regulatory Authorities in association with regulatory filings for the Product in the Field (including any Drug Master Files (DMFs), Chemistry, Manufacturing and Control (“CMC”) data, or similar documentation).

  • Regulatory Authorities means the Commissions and the Exchange;

  • Regulatory Authority means any federal, national, multinational, state, county, city, provincial, or local regulatory agency, department, bureau or other governmental entity with authority over the marketing, commercialization, manufacture or sale of a pharmaceutical product in the Territory, including the FDA in the United States and the EMA in the EU.

  • Regulatory Oversight Committee means the committee of the Board constituted in accordance with Rule 204.

  • Regulatory Disruption Any event that Dealer, based on the advice of counsel, determines makes it reasonably necessary or appropriate with regard to any legal, regulatory or self-regulatory requirements or related policies and procedures that generally apply to transactions of a nature and kind similar to the Transaction and have been adopted in good faith by Dealer for Dealer to refrain from or decrease any market activity in connection with the Transaction. Settlement:

  • Regulatory Approval means any and all approvals (including MAA Approval, and Pricing and Reimbursement Approval, if applicable), licenses, registrations, permits, notifications and authorizations (or waivers) of any Regulatory Authority that are necessary for the manufacture, use, storage, import, transport, promotion, marketing, distribution, offer for sale, sale or other commercialization of a Product in any country or jurisdiction.

  • Regulatory Approval Application means any application submitted to an appropriate Regulatory Authority seeking any Regulatory Approval.

  • Regulatory Materials means regulatory applications, submissions, notifications, registrations, Marketing Authorizations or other written materials, correspondence, submissions made to or with a Regulatory Authority that are necessary or reasonably desirable in order to Develop, Manufacture or Commercialize the Licensed Products in the Field in a particular country.

  • Contract Awarding Authority means the Board of Supervisors or the individual authorized by the Board of Supervisors to enter into contracts on behalf of the County.

  • Regulatory Filing means any filing with any Governmental Authority with respect to the research, development, manufacture, distribution, pricing, reimbursement, marketing or sale of a Product.

  • FDA means the United States Food and Drug Administration and any successor agency thereto.

  • Practical application means to manufacture in the case of a composition or product, to practice in the case of a process or method, or to operate in the case of a machine or system; and, in each case, under such conditions as to establish that the invention is being utilized and that its benefits are, to the extent permitted by law or government regulations, available to the public on reasonable terms.

  • Licensed professional means a professional registered in the Commonwealth of Virginia pursuant to Article 1 (§ 54.1-400 et seq.) of Chapter 4 of Title 54.1 of the Code of Virginia. For purposes of these Standards and Specifications a licensed professional is one that is certified by DPOR as an Architect, Professional Engineer, Land Surveyor, or Landscape Architects.

  • Regulatory Body means those government departments and regulatory, statutory and other entities, committees, ombudsmen and bodies which, whether under statute, rules, regulations, codes of practice or otherwise, are entitled to regulate or investigate the matters dealt with in this Agreement or any other affairs of the Provider or the Department, including, without limitation Ofsted, the European Commission and the European Court of Auditors;

  • Technical Direction means developing work statements, determining parameters, directing other Contractors' operations, or resolving technical controversies.

  • Qualified medical direction means, in the context of the practice of respiratory care, having readily

  • Recall means any measure aimed at achieving the return of a device that has already been made available to the end user;

  • Regulatory Information Service means a regulatory information service as defined in the Takeover Rules.

  • Independent Safeguarding Authority is a non-departmental public body sponsored by the Home Office set up under the provisions of the Safeguarding Vulnerable Groups Act 2006 and which is responsible for the decision making and maintenance of two lists covering the children’s and vulnerable adults’ sectors

  • Medical direction means direction, advice, or orders provided by a medical director, supervising physician, or physician designee (in accordance with written parameters and protocols) to emergency medical care personnel.

  • Commercialization or “Commercialize” means activities directed to marketing, promoting, research and development as required, manufacturing for sale, offering for sale, distributing, importing or selling a product, including sub-licensing or sub-contracting of these activities.

  • practice direction means a direction given under section 23 of the 2007 Act;

  • Licensed mental health professional or "LMHP" means a physician, licensed clinical psychologist, licensed professional counselor, licensed clinical social worker, licensed substance abuse treatment practitioner, licensed marriage and family therapist, certified psychiatric clinical nurse specialist, licensed behavior analyst, or licensed psychiatric/mental health nurse practitioner.

  • Marketing Approval Application or “MAA” means a New Drug Application (or its equivalent), as defined in the U.S. Food, Drug and Cosmetic Act and the regulations promulgated thereunder, or any corresponding or similar application, registration or certification in any country.

  • Licensed Product means a product or part of a product in the Licensed Field of Use: (A) the making, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent; or (B) which is made with, uses or incorporates any Technology.

  • Approval Application means a BLA, NDA or similar application or submission for a Product filed with a Regulatory Authority in a country or group of countries to obtain marketing approval for a biological or pharmaceutical product in that country or group of countries.