Governmental Entity definition
Examples of Governmental Entity in a sentence
There is no judgement, order, decree, action, suit, proceeding, claim, audit, arbitration, investigation, or other actions pending before any Governmental Entity or, to the knowledge of the Securityholder, threatened in writing against the Securityholder that would adversely affect the ability of the Securityholder to enter into this Agreement and to perform its obligations hereunder or the title of the Securityholder to any of the Subject Securities.
There is no judgement, order, decree, action, suit, proceeding, claim, audit, arbitration, investigation, or other actions pending before any Governmental Entity or threatened in writing against the Purchaser that would adversely affect the ability of the Purchaser to enter into this Agreement and to perform its obligations hereunder.
Neither Seller nor the Company has received any notice, advice, claim or complaint from any employee or Governmental Entity that the Company has not conducted, or is not presently conducting, its Business and operations in accordance with all applicable laws and other requirements of Governmental Entities.
To the extent that amounts are so deducted or withheld, such deducted or withheld amounts shall be treated for all purposes hereof as having been paid to the Person in respect of which such deduction or withholding was made, provided that such deducted or withheld amounts are actually remitted to the appropriate Governmental Entity.
The Parent, the Purchaser, the Company, SpinCo or the Depositary, as applicable, shall notify such Person thereof and remit the applicable portion of the net proceeds of such sale (after deduction of all fees, commissions or costs in respect of such sale, which, for greater certainty, shall be paid and borne by such Person) to the appropriate Governmental Entity and shall remit to such Person any unapplied balance of the net proceeds of such sale.