Regulatory Standing Clause Examples

The Regulatory Standing clause defines the requirement for parties to maintain compliance with all relevant laws, regulations, and licenses necessary to conduct their business or fulfill their obligations under the agreement. In practice, this means each party must ensure they are properly registered, licensed, or otherwise authorized by regulatory authorities, and must promptly notify the other party if their status changes. This clause serves to protect both parties by ensuring that all activities under the contract are legally permissible and reducing the risk of regulatory breaches that could jeopardize the agreement.
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Regulatory Standing. I certify to TIPS for the proposal attached that my company is in good standing with all governmental agencies ▇▇▇▇▇ state that regulate any part of our business operations. If not, please explain in the next attribute question. Yes Regulatory Standing explanation of no answer on previous question.
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Regulatory Standing. Regulatory Standing explanation of no answer on previous question.
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Regulatory Standing. Regulatory Standing explanation of no answer on previous question. Emerald Coast Vision Aids is in good standing with all businesses and governmental agencies
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Regulatory Standing. The Issuer will not, and will not cause or permit any Issuer Subsidiary to, take or cause to be taken any action which could reasonably be expected to result in either (a) a Project losing its QF status, (b) the Issuer, either Project or either Project Company ceasing to hold any of the exemptions from regulation provided under 18 C.F.R. §§ 292.601(c) including the exception from Sections 205 and 206 of the FPA, as applicable, set forth in §292.601(c)(1), 292.602(b) and 292.602(c), (c) any disapproval, rejection, suspension, other action adverse to the continued effectiveness of a PPA or Interconnection Agreement by the FERC or the Public Utilities Commission of Oregon or Idaho, as applicable, (d) any termination, revocation, suspension, or other action adverse to the continued effectiveness of the MBR Authority held by the USG Oregon Project Company, or (e) any Secured Party or any “affiliate” (as that term is defined in PUHCA) of any Secured Party, solely as a result of the Issuer’s or any Issuer Subsidiary’s or any of their Affiliates’ actions relating to the ownership, leasing or operation of a Project, the sale of electricity therefrom or the entering into of any Financing Document or any transaction contemplated thereby, becoming subject to, or not exempt from regulation under, PUHCA or the FPA, other than any such regulation that may result from the exercise by any Secured Party of its remedies under the Financing Documents.
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Regulatory Standing. The Issuer will not take or cause to be taken any action which could reasonably be expected to result in either (a) the Project losing its QF status, or the Issuer ceasing to hold any of the exemptions from regulation provided under 18 C.F.R. §§ 292.601(c) including the exception from Sections 205 and 206 of the FPA set forth in §292.601(c)(1), 292.602(b) and 292.602(c), or would cause any disapproval, rejection, suspension, other action adverse to the continued effectiveness of the PPA or the Interconnection Agreement by the FERC or the Public Utilities Commission of Nevada, or (b) any Secured Party or any “affiliate” (as that term is defined in PUHCA) of any Secured Party, solely as a result of the Issuer’s or any of their Affiliates’ actions relating to the ownership, leasing or operation of the Project, the sale of electricity therefrom or the entering into of any Financing Document or any transaction contemplated thereby, becoming subject to, or not exempt from regulation under, PUHCA or the FPA, other than any such regulation that may result from the exercise by any Secured Party of its remedies under the Financing Documents.
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Related to Regulatory Standing

  • Regulatory Status The Local Manager is authorised and regulated by the Financial Services Authority (the “FSA”), the UK supervisory authority whose registered office is at 25 The North Colonnade, Canary ▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇.

  • No response Regulatory Standing I certify to TIPS for the proposal attached that my company is in good standing with all governmental agencies Federal or state that regulate any part of our business operations. If not, please explain in the next attribute question. Yes Regulatory Standing explanation of no answer on previous question.

  • Regulatory Issues 3.3.1 The Licensee shall be solely responsible for determining which jurisdictions they choose to market to and receive ▇▇▇▇▇▇ from. 3.3.2 The Licensee shall be responsible for determining the legality of accepting ▇▇▇▇▇▇ in whichever jurisdictions they choose to market to and receive ▇▇▇▇▇▇ from. 3.3.3 The Licensee shall indemnify UNITED for any reasonable legal costs, and fines that arise as a result of the Licensee choosing to accept ▇▇▇▇▇▇ from any jurisdiction that determines or has determined that Internet wagering is illegal.

  • Industry Standards Supplier will implement appropriate technical and organizational security measures that comply with Industry Standards in all applicable goods, services, equipment, software systems and platforms that Supplier uses to access, process and/or store Accenture Data. “Industry Standards” means security measures that are commercially reasonable in the information technology industry and that are designed to ensure the security, integrity, and confidentiality of Accenture Data, and to protect against Security Incidents.

  • Regulatory Filing In the event that this Interconnection Service Agreement contains any terms that deviate materially from the form included in Attachment O of the Tariff, Transmission Provider shall file the Interconnection Service Agreement on behalf of itself and the Interconnected Transmission Owner with FERC as a service schedule under the Tariff within thirty days after execution. Interconnection Customer may request that any information so provided be subject to the confidentiality provisions of Section 17 of this Appendix 2. An Interconnection Customer shall have the right, with respect to any Interconnection Service Agreement tendered to it, to request (a) dispute resolution under Section 12 of the Tariff or, if concerning the Regional Transmission Expansion Plan, consistent with Schedule 5 of the Operating Agreement, or (b) that Transmission Provider file the agreement unexecuted with the Commission. With the filing of any unexecuted Interconnection Service Agreement, Transmission Provider may, in its discretion, propose to FERC a resolution of any or all of the issues in dispute between or among the Interconnection Parties.