Violation of Law Sample Clauses

Violation of Law. No change shall have occurred after the date of this Agreement in any applicable Law that makes it a violation of Law for (a) Owner, any Applicable Pass Through Trustee, Subordination Agent or Mortgagee to execute, deliver and perform the Operative Agreements to which any of them is a party or (b) any Applicable Pass Through Trustee to make the loan contemplated by Section 2.1, to acquire an Equipment Note or to realize the benefits of the security afforded by the Trust Indenture.

Violation of Law. No change shall have occurred after the date of this Agreement in any applicable Law that makes it a violation of Law for (a) Lessee, any Participant, Subordination Agent, Owner Trustee or Mortgagee to execute, deliver and perform the Operative Agreements to which any of them is a party or (b) any Participant to make the Dollar amount of its Commitment available or, in the case of any Loan Participant, to acquire an Equipment Note or to realize the benefits of the security afforded by the Trust Indenture.

Violation of Law. The Company shall not violate any law, statute, ordinance, rule, regulation, judgment, decree, order, writ or injunction of any federal, state or local authority, court, agency, bureau, board, commission, department or governmental body if such violation could have a Material Adverse Effect.

Violation of Law. The Option granted by this Agreement may not be exercised if its exercise would violate any applicable state securities law, any registration under or any requirements of the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, the rules of an exchange on which the Shares are traded, any other federal law, or any law of applicable state securities laws.

Violation of Law. Licensee shall immediately suspend any use of the System upon notice by the CPUC, CEC, or any governmental authority having jurisdiction over any of Licensee’s activities under this SLA which constitutes notice of an alleged violation of any Applicable Laws until the violation, if any, is corrected and the applicable governmental authority determines that the violation is corrected. Licensee shall immediately notify the Judicial Council regarding any alleged violation. Failure of Licensee to immediately suspend use of the System and/or to notify the Judicial Council in accordance with this provision after receiving a notice of a violation of any Applicable Laws or violations posing a risk to public health or safety may be grounds for termination by the Judicial Council of this SLA with no obligation to pay actual damages to Licensee under this SLA; provided, however; Licensee shall have the right to remove the System as provided in this SLA.

Violation of Law. Notwithstanding any other provision of the Plan or the relevant Award Agreement, if, at any time, in the reasonable opinion of the Company, the issuance of shares of Stock covered by an Award may constitute a violation of law, then the Company may delay such issuance and the delivery of a certificate for such shares until (i) approval shall have been obtained from such governmental agencies, other than the Securities and Exchange Commission, as may be required under any applicable law, rule, or regulation and (ii) in the case where such issuance would constitute a violation of a law administered by, or a regulation of, the Securities and Exchange Commission, one of the following conditions shall have been satisfied: (a) the shares are at the time of the issue of such shares effectively registered under the Securities Act of 1933, as amended; or (b) the Company shall have determined, on such basis as it deems appropriate (including an opinion of counsel in form and substance satisfactory to the Company) that the sale, transfer, assignment, pledge, encumbrance or other disposition of such shares or such beneficial interest, as the case may be, does not require registration under the Securities Act of 1933, as amended, or any applicable State securities laws. The Company shall make all reasonable efforts to bring about the occurrence of said events.

Violation of Law. Neither the Borrower nor, to the knowledge of Borrower, any of its Subsidiaries, is in violation of any laws relating to terrorism or money laundering (“Anti-Terrorism Laws”), including Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001 (“Executive Order”), and the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001, Public Law 107-56 (“USA Patriot Act”).

Violation of Law. To Seller’s Knowledge, the Seller has not received any written notice from any Governmental Authority or other Person of a violation of any applicable material law with respect to the ownership, operation or maintenance of the Property within the past 18 months.

Violation of Law. If Employee believes Enfusion has committed or is committing a violation of law, although not required, he or she is asked to first report the possible violation to Enfusion’s upper- management so that Enfusion may take the proper corrective actions. Despite the foregoing, Employee is free to report possible violations, file a charge with, or participate or cooperate with any governmental agency or entity, including but not limited to the EEOC, the Department of Justice, the Securities and Exchange Commission, Congress, or any agency Inspector General, or making any other disclosures that are protected under the whistleblower, anti-discrimination or anti-retaliation provisions of federal, state or local law or regulation; provided further, the Employee does not need the prior authorization of the Company to make any such reports or disclosures, and the Employee is not required to notify the Company that the Employee has made such reports or disclosures.

Violation of Law. In the event that the consummation of the ---------------- purchase and sale of Shares as contemplated under this Section __ violates applicable law, the Terminating Shareholders and NovaMed's Medical Director shall in good faith negotiate and consummate an alternative transaction structure, including without limitation, the purchase of the Corporation's assets and assumption of the Corporation's liabilities by NovaMed's Medical Director or his designee, which will allow (i) the continuation of the Corporation's business by the Corporation or a successor entity, (ii) the continued performance by the Corporation or a successor entity and NovaMed of their respective obligations under that certain Management Services Agreement by and between NovaMed and the Corporation, dated as of _______ __, 199_, and (iii) the transfer of the [Partnership] interests held by the Corporation to the Terminating Shareholders.