Required by Applicable Law Sample Clauses
The 'required by Applicable Law' clause establishes that certain actions, disclosures, or obligations within an agreement are mandated only to the extent that they are legally required. In practice, this means a party is not obligated to perform or provide information unless such action is specifically demanded by relevant laws or regulations governing the agreement. This clause helps ensure compliance with legal requirements while preventing unnecessary or excessive obligations, thereby protecting parties from over-committing beyond what the law stipulates.
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Required by Applicable Law. If, at any time during the Operating Term, repairs to or additions, changes or corrections in the Hotel of any nature shall be required by reason of any Applicable Law, whether such repairs are Capital Expenditures or otherwise, then Manager shall promptly provide written notice of the same to Owner. At the direction of Owner, Manager shall make such repairs, additions, changes or corrections, which shall be paid for by Owner, unless (and except for so long as) compliance therewith is in good faith being contested by Owner (or Owner has obtained a variance to such Applicable Law) and enforcement is stayed in a manner that would not subject Manager to criminal liability or civil liability. Expenditures under this Section 5.10 shall be paid from the FF&E Fund (if applicable) or, if necessary, the Bank Account (or as otherwise directed by Owner).
Required by Applicable Law. Subject to the right of Parent to terminate this Agreement (and the Offer) in accordance with Section 8.1, Purchaser shall extend the Offer for any period or periods required by applicable Law, interpretation or position of the SEC (or its staff) applicable to the Offer.
Required by Applicable Law. Borrower intends that this Note will be deemed to be signed and delivered as a sealed instrument.]
Required by Applicable Law. If a water meter is so installed, Tenant shall pay its proportionate share of the water charges and sewer rent (if applicable) resulting from such increased water use and all other rents and charges which are now or hereafter assessed1 imposed, or may become a lien on the Premises or the Building.
Required by Applicable Law. Borrower intends that this Note will be deemed to be signed and delivered as a sealed instrument.] Alabama None Alaska NOTICE TO BORROWER: The mortgagor or trustor (▇▇▇▇▇▇▇▇) is personally obligated and fully liable for the amount due under this Note as provided in Section 9 of this Note. The mortgagee or beneficiary (▇▇▇▇▇▇) has the right to sue on this Note and obtain a personal judgment against the mortgagor or trustor (Borrower) for satisfaction of the amount due under this Note either before or after a judicial foreclosure of the Instrument under AS 09.45.170 - 09.45.220. Arizona Borrower agrees to pay an effective contracted rate of interest equal to the rate of interest resulting from all interest payable as provided in this Note, plus an additional rate of interest resulting from all “Other Sums.” The “Other Sums” will consist of all fees, charges, or any other sums (other than interest payable as provided in this Note) paid or payable by Borrower, whether pursuant to this Note, any of the Loan Documents, or any other document or instrument in any way pertaining to this lending transaction that may be deemed to be interest for the purpose of any law of the State of Arizona that may limit the maximum amount of interest to be charged with respect to this lending transaction. The Other Sums will be deemed to be interest for the purposes of any such law only. Arkansas None
Required by Applicable Law. We may vary this Agreement (including changing or introducing new charges or changing or withdrawing Services) where required to comply with Applicable Law. We will notify you of such change as is reasonably practicable.
Required by Applicable Law. Without limitation to the foregoing, each Party acknowledges and agrees that the other Party may submit this Agreement (including for clarity, the Exhibits and Schedules hereto) to the United States Securities and Exchange Commission (the “SEC”) or any other securities exchange if and as required by Applicable Law or the rules of any such securities exchange. If a Party intends to submit this Agreement to the SEC or any other securities exchange, such Party agrees to consult with the other Party with respect to the preparation and submission of a confidential treatment request for this Agreement, and to comply with the terms of this Section 7.3.2. The Party seeking to make such disclosure in a filing with or other submission to the SEC, any other securities exchange or other regulatory or Governmental Authority shall (i) provide copies of the proposed disclosure to the other Party reasonably in advance of such filing or submission (as practicable under the circumstances), and (ii) provide the notified Party an opportunity to comment upon or request confidential treatment for such disclosure. If such other Party provides comments within the reasonably in advance of the filing or submission date, the Party seeking to make such disclosure or its counsel, as the case may be, shall in good faith consider such comments, provided that in all events the Party seeking to make such disclosure shall have the right to make such disclosure at the time and in the manner reasonably determined by its counsel to be required by Applicable Law.
Required by Applicable Law. The A/E shall identify the name or names of the Consultants it intends to use for all quality assurance and special inspections that would be reasonably anticipated for the Project and shall provide a Schedule of Fees for Typical Services for each Consultant. The A/E may include a negotiated markup for the Consultant services used.