Blocking Laws Sample Clauses
A Blocking Laws clause defines how the parties will handle situations where compliance with the contract would cause them to violate applicable laws or regulations. In practice, this clause typically allows a party to suspend or modify its obligations if fulfilling them would result in a breach of local, national, or international law, such as data privacy regulations or export controls. Its core function is to protect parties from legal liability by ensuring that contractual duties do not override mandatory legal requirements.
Blocking Laws. Any provision of Section 5.12, Section 6.02(b), or Section 7.05 shall not apply to, or in favor of, any Person if and to the extent that it would result in a breach by, or in respect of, such Person of any applicable Blocking Law.
Blocking Laws. No provision of Clause 18.14 shall apply to any person if and to the extent that it is or would be unenforceable by or in respect of that person by reason of breach of any provision of (i) Council Regulation (EC) No 2271/96 of 22 November 1996 (and/or any national law, instrument or regulation implementing such Regulation in any member state of the European Union) or (ii) Council Regulation (EC) No 2271/96 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, and Clause 16 shall be construed accordingly.
Blocking Laws. 98 32. Set-off ...................................................................................................................................... 99 33. Notices ..................................................................................................................................... 99 34.
Blocking Laws. 105 32. Set-off .................................................................................................................................... 106 33. Notices ................................................................................................................................... 106 34. Calculations and Certificates ................................................................................................. 109 35. Partial Invalidity ..................................................................................................................... 110 36.
Blocking Laws. No provision of Clause 7.36 shall apply to any person if and to the extent that it is or would be unenforceable by or in respect of that person by reason of breach of:
7.41.1 any provision of Council Regulation (EC) No 2271/96 of 22 November 1996 (or any law or regulation implementing such Regulation in any member state of the European Union or the United Kingdom); or
7.41.2 any similar blocking or anti-boycott law in the United Kingdom and Clauses 8.1, 9.2.1, 10, 11.2 and 12 shall be construed accordingly.
Blocking Laws. 3836 ARTICLE II. THE COMMITMENTS AND CREDIT EXTENSIONS 3836 2.01 Revolving Loans 3836
Blocking Laws. The representations and warranties contained in Clause 7.25 and the provisions relating to the use of proceeds of issues of Notes or restrictions on dealing contained in Clause 8.11 shall only apply to any person if and to the extent that doing so would not be impermissible for such person pursuant to (i) Section 7 of the German Foreign Trade Ordinance (Außenwirtschaftsverordnung) (if applicable),
Blocking Laws. The following provisions shall only be sought and given for the benefit of Citigroup, SCB or SOCIÉTÉ GÉNÉRALE (each, a “Relevant Dealer”) if and to the extent that doing so would be permissible for such Relevant Dealer pursuant to Council Regulation (EC) No 2271/96 of 22 November 1996 (the “EU Blocking Regulation”) (or any law or regulation implementing the EU Blocking Regulation in any member state of the European Union):
1.1.1 Clause 5.1.37 (solely when the representations and warranties therein are given on any date after the date of this Agreement); and
1.1.2 Clause 6.13, and Clauses 5.2, 6.5, 7.1.3, 11 and 12 shall (insofar as they relate to the above-mentioned Clauses only) be construed accordingly.
Blocking Laws. No provision of this Clause 4 shall apply to any person if and to the extent that it is or would be unenforceable by or in respect of that person by reason of breach of any Blocking Law, and Clauses 8.1 (Ability to terminate) and 9 (Survival of Representations and Obligations), paragraph 4 (Sanctions) of Schedule 4 (Undertakings) and paragraph 1 (Use of Notes proceeds) of Schedule 4 (Undertakings) shall be construed accordingly.
Blocking Laws. Each Dealer and each Issuer agrees and confirms that it is not entitled to the benefit of or does not make or request, as appropriate, the representation and warranty contained in Clause 7.16 to the extent that it is or would be a violation by or in respect of that person of any provision of (i) Council Regulation (EC) No 2271/96 of 22 November 1996 (or any law or regulation implementing such Regulation in any member state of the European Union) or (ii) Council Regulation (EC) No 2271/96 as it forms part of domestic law by virtue of EUWA, and Clauses 8.1, 9.2.1, 10, 11.2 and 12 shall be construed accordingly.