Governmental Authorities definition
Examples of Governmental Authorities in a sentence
Parent will control and lead all communications with any Governmental Authority and determine and direct the strategy and process by which the Parties will seek required approvals from Governmental Authorities, subject to good faith consultations with the Company.
All material amounts of Taxes required to have been withheld and paid in connection with amounts paid by the Group Companies to any employee or independent contractor have been withheld and collected and have been paid over to the proper Governmental Authorities, to the extent due and payable.
The word “law” shall be construed as referring to all statutes, rules, regulations, codes and other laws (including official rulings and interpretations thereunder having the force of law or with which affected Persons customarily comply) and all judgments, orders and decrees of all Governmental Authorities.
The Agent shall have received (i) satisfactory evidence that the Loan Parties have obtained all required consents and approvals of all Persons including all requisite Governmental Authorities, to the execution, delivery and performance of this Agreement and the other Loan Documents or (ii) an officer’s certificate in form and substance reasonably satisfactory to the Agent affirming that no such consents or approvals are required.
Such policies and procedures shall be consistent with the guidance that has been provided by the Governmental Authorities of Hong Kong, the PRC, United Kingdom and United States of America having authority to administer and prosecute violations of the Compliance Laws.