Application of the Regulations Clause Samples

The 'Application of the Regulations' clause defines the scope and circumstances under which specific regulations apply to the agreement or parties involved. It typically outlines which activities, transactions, or entities are governed by the referenced regulations, and may specify any exceptions or special conditions. By clearly stating when and to whom the regulations are relevant, this clause ensures that all parties understand their legal obligations and helps prevent disputes over regulatory compliance.
Application of the Regulations. OTI UK and the Buyer acknowledge and agree that the Regulations will apply to the sale and purchase of the Business under this Agreement (to the extent situated in the UK) and to the Transferring Employees save for any provisions relating to any benefits under an occupational pension scheme for old age, invalidity or survivors which do not transfer under the Regulations.
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Application of the Regulations. (1) Subject to sub-regulation (2), these Regulations apply only to ships that have capacity to carry ballast water. (2) These Regulations do not apply to a ship which— (a) utilises permanent fresh water ballast solely to alter the draught, trim, manoeuvrability and stability of the ship; and (b) does not take up or discharge marine waters as part of its operation.
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Application of the Regulations. 18.1 SEV and DCL anticipate that the Regulations will apply in respect of the termination of the Agreement and the subsequent transfer of the Maintenance Services to DCL and/or to a Replacement Supplier. However, should the Regulations not apply for whatever reason, SEV and DCL agree to nevertheless act in accordance with, and be bound by, the Regulations. ***Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission. 18.2 With effect from the termination of this Agreement (for whatever reason), DCL shall procure the transfer of the Management Services either from SEV to DCL or from SEV to any Replacement Supplier 18.3 In the event that the Regulations do apply, the provisions of Clause 20 shall apply. 18.4 If the Regulations do not apply, the provisions of Clause 19 shall apply.
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Application of the Regulations. The Vendor and the Purchaser acknowledge and agree that the TUPE Regulations will apply to the sale and purchase of the Business under this Agreement so as to transfer the employment of the UK Employees to the Purchaser. For the avoidance of doubt, the Employees will not transfer to the Purchaser until Completion.
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Related to Application of the Regulations

  • of the Regulation The National Focal Point shall ensure that the obligations of the Project Promoter under the project contract are valid and enforceable under the applicable law of the Beneficiary State.

  • Compliance with Government Regulations The Company covenants that if any share of Common Stock required to be reserved for purposes of exercise or conversion of Warrants require, under any federal or state law or applicable governing rule or regulation of any national securities exchange, registration with or approval of any governmental authority, or listing on any such national securities exchange, before such shares may be issued upon exercise, the Company will use its commercially reasonable efforts to cause such shares to be duly registered, approved or listed on the relevant national securities exchange, as the case may be.

  • Application of Takeover Protections The Company and the Board of Directors have taken all necessary action, if any, in order to render inapplicable any control share acquisition, business combination, poison pill (including any distribution under a rights agreement) or other similar anti-takeover provision under the Company’s certificate of incorporation (or similar charter documents) or the laws of its state of incorporation that is or could become applicable to the Purchasers as a result of the Purchasers and the Company fulfilling their obligations or exercising their rights under the Transaction Documents, including without limitation as a result of the Company’s issuance of the Securities and the Purchasers’ ownership of the Securities.

  • Application of Certain Laws and Regulations Neither any Borrower nor any Affiliate of any Borrower is subject to any law, statute, rule or regulation which regulates the incurrence of any Indebtedness, including laws, statutes, rules or regulations relative to common or interstate carriers or to the sale of electricity, gas, steam, water, telephone, telegraph or other public utility services.

  • Notification of Laws and Regulations The Servicer shall immediately notify the Issuer, the Indenture Trustee and the Rating Agencies in writing if it becomes aware of any Requirements of Law or CPUC Regulations hereafter promulgated that have a material adverse effect on the Servicer’s ability to perform its duties under this Agreement.