Governmental Control Sample Clauses

The Governmental Control clause defines how changes in laws, regulations, or government actions can impact the obligations and rights of the parties under a contract. Typically, this clause outlines what happens if new government rules make it impossible or illegal for one or both parties to fulfill their contractual duties, such as import/export restrictions or new compliance requirements. Its core function is to allocate risk and provide a clear process for addressing unforeseen government interventions, ensuring that neither party is unfairly penalized for circumstances beyond their control.
Governmental Control. The suspension or taking of possession of CUSO's business, or the revocation of CUSO's charter by a governmental or insuring authority.
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Governmental Control. The suspension (i.e. cease and desist order), conservatorship or liquidation of Member’s business, or the revocation of Member’s charter by a governmental or insuring authority.
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Governmental Control. If any law, regulation or other governmental action requires Hedm▇▇ ▇▇ reduce price under this Agreement or prevents Hedm▇▇ ▇▇▇m increasing any price to the extent it wishes to pursuant to this Article 6, Hedm▇▇ ▇▇▇ cancel from the Agreement the Product(s) so effected by such law, regulation or other governmental action.
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Related to Governmental Control

  • Governmental Consent No governmental orders, permissions, consents, approvals or authorizations are required to be obtained by the Company that have not been obtained, and no registrations or declarations are required to be filed by the Company that have not been filed in connection with, or, in contemplation of, the execution and delivery of, and performance under, the Transaction Documents, except for applicable requirements, if any, of the Securities Act, the Exchange Act or state securities laws or “blue sky” laws of the various states and any applicable federal or state banking laws and regulations.

  • Governmental Compliance The Tenant Improvements shall comply in all respects with the following: (i) the Code and other state, federal, city or quasi-governmental laws, codes, ordinances and regulations, as each may apply according to the rulings of the controlling public official, agent or other person; (ii) applicable standards of the American Insurance Association (formerly, the National Board of Fire Underwriters) and the National Electrical Code; and (iii) building material manufacturer’s specifications.

  • Governmental Consents No permit, consent, approval or authorization of, or declaration to or filing with, any governmental authority is required in connection with the execution, delivery and performance by the Company of this Agreement or the consummation by the Company of any other transactions contemplated hereby.

  • Governmental Consent, etc No permit, consent, approval or authorization of, or declaration to or filing with, any governmental authority is required in connection with the execution, delivery and performance by the Company of this Agreement or the other agreements contemplated hereby, or the consummation by the Company of any other transactions contemplated hereby or thereby.

  • Governmental Consents, etc No authorization, consent, approval, license or exemption of or registration, declaration or filing with any Governmental Authority, is necessary for the valid execution and delivery of, or the incurrence and performance by the Company of its obligations under, any Loan Document to which it is a party, except those that have been obtained and such matters relating to performance as would ordinarily be done in the ordinary course of business after the Execution Date.