Common use of Requirement of Law Clause in Contracts

Requirement of Law. The term “Requirement of Law” shall mean, with respect to any Person, any judgment, statute, law, code, act, order, writ, rule, ordinance, regulation, governmental consent or governmental requirement, or determination or decree of any arbitrator, court, or other governmental agency or administrative body, which now or at any time hereafter may be applicable to and enforceable against the relevant Person, work, or activity in question or any part thereof.

Appears in 4 contracts

Samples: Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (China Tel Group Inc), Stock Purchase Agreement (Asia Special Situation Acquisition Corp)

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Requirement of Law. The term “Requirement of Law” shall mean, with respect as to any Person, person shall mean any judgment, statute, law, codetreaty, act, order, writ, rule, ordinance, regulation, governmental consent rule or governmental requirement, regulation or determination of an arbitrator or decree of any arbitrator, court, a court or other governmental agency or administrative bodyGovernmental Authority, which now or at any time hereafter may be in each case applicable to and enforceable against the relevant Person, work, or activity in question binding upon such person or any part thereofof its property or to which such person or any of its property is subject.

Appears in 3 contracts

Samples: Loan Agreement (Thompson Im Funds Inc), Loan Agreement (Thompson Im Funds Inc), Loan Agreement (Thompson Im Funds Inc)

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Requirement of Law. The term “Requirement of Law” shall mean" means, with respect as to any ------------------ Person, the certificate of incorporation, by-laws, operating agreement or other organizational or governing documents of such Person, and any judgment, statute, law, codetreaty, act, order, writ, rule, ordinance, regulation, governmental consent rule or governmental requirement, regulation or determination of an arbitrator or decree of any arbitrator, court, a court or other governmental agency or administrative bodyGovernmental Authority, which now or at any time hereafter may be applicable to and enforceable against the relevant Person, work, or activity in question each case binding upon such Person or any part thereofof its property or to which such Person or any of its property is subject.

Appears in 1 contract

Samples: Loan and Security Agreement (Creditrust Corp)

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