Governmental Compliance definition

Governmental Compliance. (Section 3.8) and "Taxes; Withholding." (Section 7.8).
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Governmental Compliance covers fifty percent (50%) or more of the total usable area of the premises, then the Lessee and the Port Authority shall each have an option exercisable by notice given within ten (10) days after such taking or conveyance, to terminate the letting hereunder, as of the date of such taking, and such termination shall be effective as if the date of such taking were the original date of expiration hereof.
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Examples of Governmental Compliance in a sentence

  • Effective as of the Effective Date, the Company hereby agrees to continue to employ Executive as its Vice President of Tax and Governmental Compliance, and Executive hereby agrees to accept such employment, on the terms and conditions set forth herein, for the period commencing on the Effective Date and expiring as of January 31, 2016 (the “Basic Term”) (unless sooner terminated as hereinafter set forth).

  • See the "Governmental Compliance" section of the Standard Conditions of Purchase in Attachment F.

  • Effective as of the Effective Date, the Company hereby agrees to employ Executive as its Vice President of Tax and Governmental Compliance, and Executive hereby agrees to accept such employment, on the terms and conditions set forth herein, for the period commencing on the Effective Date and expiring as of January 31, 2016 (the “Basic Term”) (unless sooner terminated as hereinafter set forth).

  • Governmental Compliance: Seller hereby certifies that all material shall comply with all Federal, State, and Local laws, Executive Orders, ordinances and regulations including rules and regulations adopted by government agencies.

  • Section 4.2. Governmental Compliance with Laws and Compliance with Agreements with Third Parties 61 Section 4.3. Organizational and Governmental Approvals; No Contravention 61 Section 4.4. Binding Effect; Liens of Collateral Documents 61 Section 4.5. Financial Statements 61 Section 4.6. Material Adverse Effect 62 Section 4.7. Litigation 62 Section 4.8. Full Disclosure 62 Section 4.9. No Adverse Fact 63 Section 4.10.

  • See the "Governmental Compliance" section of GEMS' Standard Terms and Conditions, attached hereto as Attachment F.

  • As used here in, "Governmental Compliance Cost shall mean any actual cost or expense incurred in connection with any governmental compliance requirement either within or outside of the Premises required as a result of any aspect in the design of the Tenant Improvements that is unique or special to Tenant , its business and /or its intended use of the P remises (beyond that of general office use).

Related to Governmental Compliance

  • Environmental Compliance means action performed during or after Operations to comply with the requirements of all Environmental Laws or contractual commitments related to reclamation of the Properties or other compliance with Environmental Laws.

  • Governmental Requirement means any law, statute, code, ordinance, order, determination, rule, regulation, judgment, decree, injunction, franchise, permit, certificate, license, authorization or other directive or requirement, whether now or hereinafter in effect, including, without limitation, Environmental Laws, energy regulations and occupational, safety and health standards or controls, of any Governmental Authority.

  • Governmental Requirements means all judgments, orders, writs, injunctions, decrees, awards, laws, ordinances, statutes, regulations, rules, franchises, permits, certificates, licenses, authorizations and the like and any other requirements of any government or any commission, board, court, agency, instrumentality or political subdivision thereof.

  • Governmental Consent means any notice to, registration, declaration or filing with, exemption or review by, or authorization, order, consent or approval of, any Governmental Entity, or the expiration or termination of any statutory waiting periods;

  • Environmental Compliance Reserve means any reserve which the Agent establishes in its reasonable discretion after prior written notice to the Borrower from time to time for amounts that are reasonably likely to be expended by the Borrower in order for the Borrower and its operations and property (a) to comply with any notice from a Governmental Authority asserting material non-compliance with Environmental Laws, or (b) to correct any such material non-compliance identified in a report delivered to the Agent and the Lenders pursuant to Section 7.7.