Code and Regulatory Compliance Sample Clauses
The Code and Regulatory Compliance clause requires parties to adhere to all applicable laws, regulations, and codes relevant to the agreement or project. In practice, this means that each party must ensure their actions, products, or services meet current legal standards, such as building codes, environmental regulations, or industry-specific rules. This clause serves to allocate responsibility for legal compliance, reducing the risk of violations and associated penalties, and ensuring that the project or transaction proceeds within the bounds of the law.
Code and Regulatory Compliance. (1) The Architectural Designer shall be responsible for all research, documentation and filings for approvals required of regulatory agencies for the Project. Typical regulatory agency approvals required for the Project are listed in the Phases of Service section of the RFP. The Design developed by the Architectural Designer and its Subconsultants for the Project shall be in compliance with all required codes and regulations, and the Design Documents for the Project shall clearly indicate the code requirements that affect the Design and the method in which the Design complies with the code and regulatory requirements. When code and regulatory requirements are vague, or are subject to interpretation, or conflict with other code and regulatory requirements, the Architectural Designer shall be responsible for obtaining and documenting interpretations and decisions from the proper regulatory agencies in a timely manner so that the interpretations and decisions will not adversely affect the progress of the Design.
(2) A number of approvals may require presentations made to public commissions. The Architectural Designer shall properly prepare for presentations made to public commissions, including practice sessions of the presentations made to School District representatives.
(3) The Architectural Designer shall schedule consultations and meetings with regulatory agencies as soon as possible in the design process.
(4) Required changes to Designs that result from reviews by regulatory agencies shall not be considered as grounds for extension of time to the Project Schedule or modification to the Architectural Designer’s compensation for the design.
Code and Regulatory Compliance. If the Board of Managers, in consultation with the Company’s tax advisors, determines that the allocation of any item of Company income, gain, loss, deduction, or credit is not specified in this Article IV, or that the allocation of any item of Company income, gain, loss, deduction, or credit under this Article IV would not be in accordance with the Member’s interest in the Company within the meaning of Treasury Regulations § 1.704-1(b)(3) or 1.704-1(b)(4)(iv), then the Board of Managers may allocate or reallocate, as the case may be, such item in such a reasonable manner that the Board of Managers determines to be necessary or appropriate. The provisions of this Article IV are intended to comply with Code §704 and the Treasury Regulations thereunder, and shall be interpreted and applied in a manner consistent therewith. Each Member is aware of the tax consequences of the allocations set forth in this Article IV and of the other provisions in this Agreement pertaining to the Members’ respective Capital Accounts, and each Member hereby agrees to be bound by such provisions in reporting such Member’s share of the Company’s income, gain, loss, deduction and credit for federal and, as applicable, state or local income tax purposes.
Code and Regulatory Compliance. (1) The MEP Engineer shall be responsible for all research, documentation and filings for approvals required of regulatory agencies for the Project. Typical regulatory agency approvals required for the Project are listed in the Phases of Service section of the RFP. The Design developed by the MEP Engineer and its Subconsultants for the Project shall be in compliance with all required codes and regulations, and the Design Documents for the Project shall clearly indicate the code requirements that affect the Design and the method in which the Design complies with the code and regulatory requirements. When code and regulatory requirements are vague, or are subject to interpretation, or conflict with other code and regulatory requirements, the MEP Engineer shall be responsible for obtaining and documenting interpretations and decisions from the proper regulatory agencies in a timely manner so that the interpretations and decisions will not adversely affect the progress of the Design.
(2) A number of approvals may require presentations made to public commissions. The MEP Engineer shall properly prepare for presentations made to public commissions, including practice sessions of the presentations made to School District representatives.
(3) The MEP Engineer shall schedule consultations and meetings with regulatory agencies as soon as possible in the design process.
(4) Required changes to Designs that result from reviews by regulatory agencies shall not be considered as grounds for extension of time to the Project Schedule or modification to the MEP Engineer’s compensation for the design.
Code and Regulatory Compliance. (1) The Architectural Designer shall be responsible for all research, documentation and filings for approvals required of regulatory agencies for the assigned Projects. Typical regulatory agency approvals required for the assigned Projects may include, but may not be limited to, the following: (a) City of Philadelphia Water Department; (b) City of Philadelphia Streets Department; (c) City of Philadelphia Art Commission; (d) City of Philadelphia Historic Commission; (e) City of Philadelphia Planning Commission; (f) City of Philadelphia Zoning Commission; (g) City of Philadelphia Health Department; (h) City of Philadelphia Department of Licenses and Inspections; (i) City of Philadelphia Fire Department;
Code and Regulatory Compliance. The Contractor is responsible for completing the design work and administering the construction phase of any project in accordance with the Department of Environmental Services (DES) Contractor Safety Standards, Virginia Uniform Statewide Building Code, the Arlington County DES Infrastructure Design Standards, the Arlington County DES Construction Standards and Specifications, the Arlington County Telecommunication Cabling Standards, the ANSI Commercial Building Telecommunication Standards and other applicable federal, state, and/or local regulatory requirements. If any Contractor violation of a Code, standard or regulation results in a construction change order, the Contractor will be liable for any additional costs to the County, including costs of re-design, any additional construction costs and costs of delay.
Code and Regulatory Compliance. The Principal Residence Rental Property will be in compliance with minimum livability, subdivision, zoning, building and other applicable codes and construction/rehabilitation standards.
Code and Regulatory Compliance. The provisions of this Article VII and the other provisions of this Agreement relating to the maintenance of Capital Accounts are intended to comply with Treasury Regulations Section 1.704-1(b) and shall be interpreted and applied in a manner consistent with such regulations.
Code and Regulatory Compliance. The Contractor is responsible for completing the design work and administering the construction phase of any project in accordance with the Department of Parks and Recreation Design Standards, Department of Environmental Services (DES) Contractor Safety Standards, Virginia Uniform Statewide Building Code, the Arlington County DES Infrastructure Design Standards, the Arlington County DES Construction Standards and Specifications, the Arlington County Telecommunication Cabling Standards, the ANSI Commercial Building Telecommunication Standards, American with Disabilities Act, and other applicable federal, state, and/or local regulatory requirements. If any Contractor violation of a Code, standard or regulation results in a construction change order, the Contractor will be liable for any additional costs to the County, including costs of re-design, any additional construction costs and costs of delay.
Code and Regulatory Compliance. The Contractor is responsible for completing the design work and administering the construction phase of any project in accordance with the, Virginia Uniform Statewide Building Code, the Arlington County DES Infrastructure Design Standards, the Arlington County DES Building Design-Vertical Infrastructure Standards, the Arlington County DES Construction Standards and Specifications, the Arlington County Zoning Ordinance, the Arlington County Telecommunication Cabling Standards, the ANSI Commercial Building Telecommunication Standards and other applicable federal, state, and/or local regulatory requirements. If any Contractor violation of a Code, standard or regulation results in a construction change order, the Contractor will be liable for any additional costs to the County, including costs of re-design, any additional construction costs and costs of delay.
Code and Regulatory Compliance. The provisions of Section 3.8 are intended to comply with I.R.C. (§) 704(b) and the regulations promulgated thereunder, and shall be interpreted and applied in a manner consistent therewith. The General Partners shall have reasonable discretion to apply the provisions of this Agreement and take such other reasonable action as may be necessary to comply with I.R.C. (§) 704 and the Regulations thereunder.