The FA Act Sample Clauses

The FA Act clause defines the application and relevance of the Financial Administration Act (FA Act) within the context of the agreement. It typically clarifies how the provisions of the FA Act interact with the contractual obligations of the parties, such as compliance requirements or limitations imposed by the Act. For example, it may specify that certain payments or actions are subject to the FA Act’s approval processes or financial controls. The core function of this clause is to ensure that the agreement operates in accordance with statutory financial regulations, thereby preventing conflicts with governing financial legislation and ensuring legal compliance.
The FA Act. Each Obligor hereby agrees and accepts, to the extent permitted by law, that this Clause 1.3 (The FA Act) shall constitute a waiver of the provisions of the FA Act, and further agrees and accepts, to the extent permitted by law, that the provisions of the FA Act shall not apply to this Agreement or to the relationship between the Finance Parties and each Obligor.
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The FA Act. (a) Notwithstanding anything to the contrary in this Agreement, the Parties agree and acknowledge that, to the extent permitted by law, any non-mandatory provisions of the FA Act shall not apply to this Agreement or any of the other Finance Documents. (b) Any information provided by the Obligors to comply with section 13 (1) of the Norwegian Anti-Money Laundering Act of 1 June 2018 no. 23, cf. section 3-12 (2) of the FA Act shall be deemed to form part of this Agreement. (c) The references to the FA Act Section 67 in Clause 21.4 (Waiver of defences and compliance with the FA Act) shall be replaced with a reference to the FA Act Sections 6-2 – 6-13. (d) A new paragraph (a) shall be added to Clause 21.4 (Waiver of defences and compliance with the FA Act) to read as follows: (a) any failure to comply with Sections 6-2 – 6-14 of the Fa Act;" (e) Clause 36.1 (Communication in writing) of the Original Facility Agreement shall be amended to read as follows:
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The FA Act. The Pledgor hereby agrees, accepts and acknowledges: (a) if and to the extent the FA Act is applicable to this Agreement, to waive all rights under the provisions of the FA Act not being mandatory provisions, including (but not limited to), the provisions of sections 62–74 (both sections inclusive) of the FA Act; and (b) that it has received and noted the following information pursuant to the provisions of the FA Act section 61 (2): (i) relevant information regarding all Note Documents established as security under the Indenture and that the security created under this Agreement is in addition to and is not in any way prejudiced by any present or future guarantee, collateral, lien or other security interest held by the Collateral Agent or any of the Secured Creditors; and (ii) that no Event of Default has occurred as of the date hereof.
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Related to The FA Act

  • ▇▇▇▇▇▇ Act Any provisions required to be contained in this Agreement by Section 126 and/or Section 130-k or Article 4-A of the New York Real Property Law are hereby incorporated herein, and such provisions shall be in addition to those conferred or imposed by this Agreement; provided, however, that to the extent that such Section 126 and/or 130-k shall not have any effect, and if said Section 126 and/or Section 130-k should at any time be repealed or cease to apply to this Agreement or be construed by judicial decision to be inapplicable, said Section 126 and/or Section 130-k shall cease to have any further effect upon the provisions of this Agreement. In a case of a conflict between the provisions of this Agreement and any mandatory provisions of Article 4-A of the New York Real Property Law, such mandatory provisions of said Article 4-A shall prevail, provided that if said Article 4-A shall not apply to this Agreement, should at any time be repealed, or cease to apply to this Agreement or be construed by judicial decision to be inapplicable, such mandatory provisions of such Article 4-A shall cease to have any further effect upon the provisions of this Agreement.

  • ▇▇▇▇▇ Act Subrecipient agrees that no funds provided, nor personnel employed under this Contract, shall be in any way or to any extent engaged in the conduct of political activities in violation of the Hatch Act, 5 U.S.C. Section 1501 et seq. and Chapter 15 of Title V of the U.S.C.

  • S▇▇▇▇▇▇▇-▇▇▇▇▇ Act There is and has been no failure on the part of the Company or any of the Company’s directors or officers, in their capacities as such, to comply with any provision of the S▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 and the rules and regulations promulgated in connection therewith (the “S▇▇▇▇▇▇▇-▇▇▇▇▇ Act”), including Section 402 related to loans and Sections 302 and 906 related to certifications.

  • Compliance with Federal Law, Regulations, and Executive Orders This is an acknowledgement that FEMA financial assistance will be used to fund all or a portion of the contract. The contractor will comply with all applicable Federal law, regulations, executive orders, FEMA policies, procedures, and directives.

  • ▇▇▇▇▇-▇▇▇▇▇ Act Contractor agrees to comply with all applicable provisions of 40 USC § 3141 – 3148.