Consent Decrees Clause Samples
A Consent Decree is a legal agreement approved and entered by a court that resolves a dispute between parties without admission of guilt or liability. In practice, it typically arises in regulatory or civil enforcement actions, where the parties agree to specific terms—such as ceasing certain activities, paying fines, or implementing compliance measures—subject to ongoing court oversight. The core function of a Consent Decree is to provide a binding, enforceable resolution to a dispute while avoiding prolonged litigation, ensuring compliance, and allowing for judicial enforcement if the terms are violated.
Consent Decrees. Section 3.23 of the Company Disclosure Schedule sets forth a list of all material consent decrees to which the Company or any of its Subsidiaries is subject and any material voluntary agreements with any Governmental Authority resulting from any civil, criminal or administrative actions, suits, claims, hearings, investigations or proceeding by any Governmental Entity that impose any continuing duties on the Company, including any additional reporting or monitoring requirements.
Consent Decrees. Section 3.25 of the Company Disclosure Letter sets forth a list of all material consent decrees to which the Company and the Company Subsidiaries are subject and any material voluntary agreements with any state or federal agency that impose any continuing duties on the Company, including any additional reporting or monitoring requirements.
Consent Decrees. 31 Section 3.26 Foreign Corrupt Practices and International Trade Sanctions...........................31 Section 3.27 Compliance with Governance Requirements...............................................32 Section 3.28 Opinions of Financial Advisors........................................................32 ARTICLE IV REPRESENTATIONS AND WARRANTIES OF PARENT AND MERGER SUB Section 4.1 Organization..........................................................................32 Section 4.2 Capitalization........................................................................32 Section 4.3 Authorization.........................................................................33 Section 4.4 Consents and Approvals; No Violations.................................................34 Section 4.5 SEC Reports; Financial Statements.....................................................35 Section 4.6 Absence of Undisclosed Liabilities....................................................35
Consent Decrees. 2.6.1 The Assets described herein are consistent with the term "Exxon California Refining and Marketing Assets" in the Consent Decrees, it being understood that nothing in this Section 2.6 is intended to enlarge or contract the Assets to be conveyed pursuant to this Agreement.
Consent Decrees. Contractor shall consult and cooperate with the State in meeting any obligations the State may have under any consent decree, including the consent decrees entered in Colbert ▇. ▇▇▇▇▇, No. 07 C 4735 (N.D. Ill.), and ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇, No. 05 C 4673 (N.D. Ill.). Contractor shall modify its business practices, as required by the State, in performing under the Contract in order for the State to comply with such consent decrees and, if necessary, enter into any amendments to the Contract. If compliance with section 9.1.40 necessitates the expenditure of additional material resources, then the Department will address adjustments of the Capitation rates as set forth in section 7.7.
Consent Decrees. Except as set forth in Schedule 3.12.3, there are no consent decrees, judgments, directives, judicial or administrative orders, or liens by, or agreements with any Governmental Authority or quasi-governmental entity relating to any Safety and Environmental Laws that regulate, obligate or bind the Seller’s use of the Assets.
Consent Decrees. There are no consent decrees or similar arrangements entered into with a Governmental Authority, Self-Regulating Organization or other Person by, or relating to, any of the Acquired Companies or any of the Private Fund Clients or any of their respective Affiliates, general partners, managers, officers or employees, as applicable, relating to the performance of their duties in such capacities or against or affecting their properties, that are still in effect, or were in effect at any time since January 1, 2013.
Consent Decrees. Borrower is not selling or marketing any products that are the subject of the consent decrees set forth on SCHEDULE 5.17.
Consent Decrees. Settling Parties will assent to EPA (and/or FDEP, as relevant) designating ▇▇▇▇▇▇ a party to any Governing Orders.