Regulatory Development definition

Regulatory Development means any or all of the following: (i) any change in any law, regulation or interpretation thereof by any public authority (whether or not having the force of law); (ii) the application of any existing law, regulation or the interpretation thereof by any public authority (whether or not having the force of law); and (iii) compliance by Bank with any request or directive (whether or not having the force of law) of any public authority.

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Regulatory Development means any or all of the following: (i) any change in the Laws, or any change in the interpretation thereof by any Governmental Agency or other authority (whether or not having the force of law); (ii) any change in the application of any existing Laws by any Governmental Agency or other authority (whether or not having the force of law); and (iii) compliance by any Bank with any request or directive (whether or not having the force of law) of any monetary or fiscal agency or authority.

Regulatory Development means, after the date hereof: ----------------------

Examples of Regulatory Development in a sentence

• As used herein, "Regulatory Development" means any or all of the following: (i) any change in any law, regulation or interpretation thereof by any public authority (whether or not having the force of law); (ii) the application of any existing law, regulation or the interpretation thereof by any public authority (whether or not having the force of law); and (iii) compliance by Bank with any request or directive (whether or not having the force of law) of any public authority.

• Any such opinion of counsel shall describe the applicable Regulatory Change and its effect on the Affected Partner and the Partnership and, insofar as practicable, the actions which would eliminate such Adverse Regulatory Development.

• The Partnership shall seek to take the foregoing actions in the order stated and shall take an action subsequently stated only if, in accordance with the opinion of counsel referred to above, none of the actions previously stated should eliminate the Adverse Regulatory Development.

• Notwithstanding the foregoing, termination of the Partnership Interest of any Limited Partner as the result of an Adverse Regulatory Development (as defined in Section 7.6(b)) shall be treated as set forth in Section 7.6.

• ABSLI is in the business of Life Insurance, an insurance company registered under the Insurance and Regulatory Development Authority of India (“IRDAI”).

• National Pension Scheme (NPS) system offers common individuals a gateway to Nation Pension Scheme regulated by Pension Fund Regulatory Development Authority of India (PFRDA).

• In addition, depending on the sector, regulators like the Telecom Regulatory Development Authority or the Department of Telecommunications also mandate prior permission for certain transactions.

• This Agreement shall commence as of the Effective Date and, unless sooner terminated as provided herein, shall continue in effect until the later of fifteen (15) years from the date of approval of the last NDA (a) for Product or (b) resulting from Regulatory Development, or Galenical Development or Isomeric Development that Distributor co-invests in pursuant to the terms of Sections 2.4 or 2.5, respectively (the “Term”).

• Notwithstanding any other provision of this Loan ---------- Agreement, if any Regulatory Development shall make it unlawful for the Bank to make or maintain any LIBOR Tranche as contemplated by this Loan Agreement (a) the Bank shall promptly notify the Borrower thereof, and (b) each LIBOR Tranche then outstanding, if any, shall be repaid on the last day of the then applicable LIBOR Interest Period or within such earlier period as required by law.

• If reasonable and appropriate, the parties may provide notice of, and attempt to resolve, any problems and concerns relating to such Regulatory Development providing a reasonable timeframe to comment on and take action to cure the basis for said Regulatory Development.

More Definitions of Regulatory Development

Regulatory Development is defined in Section 8.3.2.

Regulatory Development means (a) any change in the Laws, (b) change in the application of any existing Laws or the interpretation thereof by any Governmental Agency or central bank or comparable authority (whether or not

Regulatory Development means development of Product involving seeking regulatory approval for new indications for Product, such new indications being those other than the indications set forth in the First NDA.

Regulatory Development any or all of the following: (a) any change in or making or adoption of any United States federal, state or foreign law, regulation (including Regulation D) or interpretation thereof by any Governmental Authority, monetary authority, fiscal agency or other authority (whether or not having the force of law); (b) any application of any existing law, regulation or interpretation thereof by any Governmental Authority, monetary authority, fiscal agency or other authority (whether or not having the force of law); and/or (c) any voluntary or involuntary compliance by Lender with any request or directive (whether or not having the force of law) of any Governmental Authority, monetary or fiscal agency or other authority.

Regulatory Development means, after the date hereof: (a) the adoption of ---------------------- any applicable law, rule, regulation, or guideline or any change therein or in the interpretation or administration thereof, by any Governmental Authority, central bank, or comparable agency charged with the interpretation or administration thereof, or compliance by the Bank (or its Lending Office) with any requirement or directive (whether or not having the force of law) of any such Governmental Authority, central bank, or comparable agency; or (b) the application to the Bank of any such existing law, rule, regulation or guideline, not presently applicable to it (or its Lending Office).