Legal Restriction definition

Legal Restriction means any federal, state, local or foreign statute, law (including common law), regulation, ordinance, code, rule, judgment, order, writ, injunction, decree, Permit, concession, grant, franchise, license, agreement or other governmental restriction, or any applicable interpretation, guideline or other policy document issued by a Governmental Authority or its staff, to the extent that such interpretation, guideline or policy has the force of law or would customarily be complied with in the ordinary course of conduct of business by a Person subject to such interpretation, guideline or policy.
Legal Restriction in this context means that there may be exceptional circumstances where an adult at risk makes a decision or intends to act in a way that is unlawful or where their care needs to be addressed under the Mental Health Act 1983.
Legal Restriction shall have the meaning assigned to such term in Section 8.13.

Examples of Legal Restriction in a sentence

  • In the event that a change in Legal Requirements should prevent the Fuel Manager from performing any of the FM Services (“Legal Restriction”), then such Legal Restriction shall be treated as a Force Majeure Event and the Parties shall comply with the procedures set forth in Section 10.

  • None of the Company or its Subsidiaries (a) is subject to any Legal Restriction or (b) is a party to or, to the Knowledge of Seller, is threatened to be made a party to, any action, suit, proceeding, hearing or investigation of, in or before any court or quasi-judicial or administrative agency of any U.S. federal, state, local or non-U.S. jurisdiction or before any arbitrator.

  • None of the Company or its Subsidiaries (a) is subject to any Legal Restriction or (b) is a party to or, to the Knowledge of the Specified Company Parties of the Company, is threatened to be made a party to, any Legal Action of, in or before any court or quasi-judicial or administrative agency of any U.S. federal, state, local or foreign jurisdiction or before any arbitrator.

  • Assuming the compliance of Buyer with the provisions of this Agreement, neither the execution and the delivery of this Agreement, nor the consummation of the Transactions, will violate any provision of the organizational documents of the Companies, or to the Knowledge of the Company, violate any Applicable Law or Legal Restriction to which the Companies are subject.

  • There is no Legal Restriction outstanding or any Legal Action pending or, to NorMedix’s Knowledge, threatened in law or in equity by or before any Governmental Authority involving NorMedix arising out of an allegation of noncompliance with any Health Care Laws or Food and Drug Laws.

  • The Company (a) is not subject to any outstanding Legal Restriction and (b) is not a party to, and, to Sellers’ Knowledge, is not threatened to be made a party to, any Legal Action by or before any Governmental Authority.

  • There is no Legal Restriction outstanding or any Legal Action pending or, to ▇▇▇▇▇▇’▇ Knowledge, threatened in law or in equity by or before any Governmental Authority involving ▇▇▇▇▇▇ arising out of an allegation of noncompliance with any Health Care Laws or Food and Drug Laws.

  • NorMedix (a) is not subject to any outstanding Legal Restriction and (b) is not a party to, and, to NorMedix’s Knowledge, is not threatened to be made a party to, any Legal Action by or before any Governmental Authority.

  • In the event the Company's repurchase is subject to a Legal Restriction or any restriction imposed by the Articles of Organization or the By-laws of the Company, the Company will use commercially reasonable efforts so as to address any such restriction so the Company is then permitted to make any outstanding repurchases.

  • There must not have been commenced against any Party any Legal Action or Legal Restriction that reasonably could (x) result in material damages or other relief in connection with the Transactions or adversely affect Parent’s ownership of the shares of Company Stock or operation of the business of the Company and its Subsidiaries or (ii) prevent, delay, make illegal or otherwise interfere with the Transactions.


More Definitions of Legal Restriction

Legal Restriction means any statute, law, ordinance, rule, regulation permit, concession, license, judgment, order, or decree
Legal Restriction shall have the meaning given such term in Section ----------------- ------- 6.4. -----
Legal Restriction means any (i) legal limitation and fiduciary duties established
Legal Restriction in this context means that there may be exceptional circumstances where a service user makes a decision or intents to act in a way that is unlawful or where their need for care should be addressed under the Mental Health Act 1983.

Related to Legal Restriction

  • Put Restriction means the days between the beginning of the Pricing Period and Closing Date. During this time, the Company shall not be entitled to deliver another Put Notice.

  • SEC Restrictions has the meaning set forth in Section 2(b).

  • Forfeiture Restrictions means any prohibitions and restrictions set forth herein with respect to the sale or other disposition of Shares issued to the Recipient hereunder and the obligation to forfeit and surrender such shares to the Company.

  • Company Restricted Shares means all shares of Company Common Stock subject to vesting restrictions and/or forfeiture back to the Company, whether granted under a Company Stock Plan or otherwise.

  • Transfer Restriction means any condition to or restriction on the ability of the Subscriber to pledge, sell, assign or otherwise transfer the Shares under any organizational document, policy or agreement of, by or with the Company, but excluding the restrictions on transfer described in paragraph 6(c) of this Subscription Agreement with respect to the status of the Shares as “restricted securities” pending their registration for resale or transfer under the Securities Act in accordance with the terms of this Subscription Agreement.