Laws and Ordinances definition
Examples of Laws and Ordinances in a sentence
The execution and performance of this Agreement by the Borrower are within the corporate purposes of the Borrower and the Borrower has duly completed all procedures necessary therefor under the Laws and Ordinances, and under its articles of incorporation and other organizational documents, except where any failure to complete any such procedures would not reasonably be expected to have a material adverse effect on the ability of the Borrower to perform its obligations under this Agreement.
The Employer shall provide for the safety and health of his Employees by complying with all Federal, State and Municipal Laws and Ordinances.
If the execution and performance of this Agreement become contrary to any Laws and Ordinances binding upon the Lender, the Lender shall consult with the Borrower and take measures to cope with the situation.
Upon the expiration of the applicable period of time during which such amounts shall be uncollectible, reduced or refunded, Tenant shall pay to Landlord as additional rent, within fifteen (15) days after demand, all such uncollected, reduced or refunded amounts that would have been payable for the period absent such Laws and Ordinances; provided, however, that the retroactive collection thereof shall then be lawful.
For the purpose of this Clause 22, offering security shall mean creating security interests on any assets of the Borrower, promising in advance to create security interests on any specific assets of the Borrower, or promising not to offer any specific assets of the Borrower as security for obligations other than specific obligations, and does not include any security pursuant to Laws and Ordinances, such as liens or possessory liens.
For the purpose of this Section 16, the offer of security shall mean the creation of security interests on any assets of the Borrower, the pre-engagement of the creation of security interests on any assets of the Borrower, or the promise not to offer the assets of the Borrower as security for the obligations other than specific obligations, and does not include any security interests that arise pursuant to Laws and Ordinances, such as a possessory lien or other non-consensual lien.
Unless otherwise required by Laws and Ordinances, the Borrower shall not deduct Taxes and Public Charges from the amount of obligations to be paid pursuant to this Agreement.
Consistent with the applicable professional standard of care, CONTRACTOR hereby agrees to comply with all Federal, State, and Local Laws and Ordinances applicable to Scope of work under this AGREEMENT.
The person who signed or attached his/her name and seal to this Agreement is authorised to sign or attach his/her name and seal to this Agreement as the representative of the Borrower by all procedures necessary pursuant to the Laws and Ordinances, and the articles of incorporation or other organizational documents of the Borrower.
All expenses (including reasonable attorney’s fees) incurred in connection with the preparation and any revision or amendment of this Agreement, and all expenses (including reasonable attorney’s fees) incurred in relation to the maintenance and enforcement of the rights or the performance of the obligations by the Lender pursuant to this Agreement shall be borne by the Borrower to the extent that it is not in violation of Laws and Ordinances.