Governmental Requirement definition
Examples of Governmental Requirement in a sentence
No part of the proceeds of any Note will be used, whether directly or indirectly, by Holdings, the Issuer and their Subsidiaries for any purpose that entails a violation of any Governmental Requirement of any Governmental Authority, including Regulations T, U and X of the Board of Governors of the Federal Reserve System.
No Note Party (a) is in violation of any Governmental Requirement of any Governmental Authority (including Environmental Laws) that, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect, or (b) is subject to or in default with respect to any final judgments, writs, injunctions, decrees, rules or regulations of any Governmental Authority, domestic or foreign, that relate to any Note Document, the Material Agreements or any of the Transactions.