Common use of Requirement of Law Clause in Contracts

Requirement of Law. In the event that any law, regulation, treaty or directive or any change therein or in the interpretation or application thereof or compliance by any Bank with any request or directive (whether or not having the force of law) from any central bank or other governmental authority, agency or instrumentality:

Appears in 2 contracts

Samples: Security Agreement (Futurebiotics Inc), Security Agreement (PDK Labs Inc)

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Requirement of Law. In the event that any law, regulation, treaty or directive or any change therein or in the interpretation or application thereof or compliance by any the Bank with any request or directive (whether or not having the force of law) from any central bank or other governmental authority, agency or instrumentality:Governmental Authority (a "Requirement of Law"):

Appears in 2 contracts

Samples: Credit Agreement (Vestcom International Inc), Equipment Facility and Revolving Credit Agreement (Vestcom International Inc)

Requirement of Law. In the event that any law, regulation, treaty or directive or any change therein or in the interpretation or application thereof or compliance by any the Bank with any request or directive (whether or not having the force of law) from any central bank Bank or other governmental authority, agency or instrumentality:

Appears in 1 contract

Samples: Term Loan and Security Agreement (Merrimac Industries Inc)

Requirement of Law. In the event that any law, regulation, treaty or directive or any change therein or in the interpretation or application thereof or compliance by any the Bank with any request or directive (whether or not having the force of law) from any central bank or other governmental authority, agency or instrumentality:

Appears in 1 contract

Samples: Security Agreement (Total Tel Usa Communications Inc)

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Requirement of Law. In (a) If the event that any law, regulation, treaty or directive adoption of or any change therein in any Requirement of Law or in the interpretation or application thereof or compliance by any Bank Foothill with any request or directive (whether or not having the force of law) from any central bank or other governmental authority, agency or instrumentality:Governmental Authority made subsequent to the date hereof

Appears in 1 contract

Samples: Possession Loan and Security Agreement (Factory Card Outlet Corp)

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