Future Compliance Clause Samples
The Future Compliance clause requires parties to adhere not only to current laws and regulations but also to any new or amended legal requirements that may arise during the term of the agreement. In practice, this means that if relevant laws change or new compliance obligations are introduced, the parties must update their practices and operations accordingly to remain in compliance. This clause ensures that the agreement remains legally valid over time and helps prevent breaches due to evolving legal standards.
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Future Compliance. No assignment or ------------------------------------------ sublease, whether with or without the Landlord's consent, shall in any way relieve or release the Tenant from liability for the performance of all terms, covenants and conditions of this Lease. Consent to one assignment or subletting shall not be deemed consent to any other assignment or sublease. In the event of a default by any assignee or subtenant or any successor of Tenant in the performance of any of the terms hereof, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against any such assignee, subtenant, or successor. Landlord may consent to any subsequent assignments or sublets and/or may execute amendments or modifications to this Lease with assignees or successors of Tenant, without notifying Tenant, and without its consent thereto. Such action shall not relieve Tenant of liability under this Lease.
Future Compliance. The Respondent shall in the future adhere to all relevant statutes and administrative rules in the course of operating a nail technology salon.
Future Compliance. Borrowers are hereby notified that irrespective of (i) any waivers or consents previously granted by Lender regarding the Credit Agreement and the Loan Documents, (ii) any previous failures or delays of Lender in exercising any right, power or privilege under the Credit Agreement or the Loan Documents or (iii) any previous failures or delays of Lender in the monitoring or in the requiring of compliance by Borrowers with the duties, obligations and agreements of Borrowers in the Credit Agreement and the Loan Documents, Borrowers will be expected to and required to comply strictly with its duties, obligations and agreements under the Credit Agreement and the Loan Documents.
Future Compliance. Any consent by Landlord hereunder shall not constitute a waiver of strict future compliance by Tenant of the provisions of this Section 12 or a release of Tenant from the full performance by Tenant of any of the terms, covenants, provisions, or conditions in this Lease contained.
Future Compliance. Regardless of Landlord's consent, no subletting or assignment shall release Tenant of Tenant's obligation or alter the primary liability of Tenant to pay the rent and to perform all other obligations to be performed by Tenant hereunder. The acceptance of rent by Landlord from any other person shall not be deemed to be a waiver by Landlord of any provision hereof. Consent to one assignment or subletting shall not be deemed consent to any subsequent assignment or subletting. In the event of default by any assignee of Tenant or any successor of Tenant in the performance of any of the terms hereof, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against such assignee or successor. Landlord may consent to subsequent assignment or subletting or may execute amendments or modifications to this Lease with assignees of Tenant without notifying Tenant or any successor of Tenant, and without obtaining its or their consent thereto and such action shall not relieve Tenant of liability under this Lease, except as set forth above.
Future Compliance. The Respondent shall at all future times fully and
Future Compliance. Regardless of City’s consent, no subletting or assignment shall release Airline of Airline’s obligations or alter the primary liability of Airline to pay Rents and to perform all other obligations to be performed by Airline hereunder, and in the case of an assignment, unless otherwise agreed in writing by City, Airline and such assignee shall be jointly and severally liable for the obligations of Airline under this Agreement. Consent to one assignment or subletting shall not be deemed consent to any other or subsequent assignment or subletting. In the event of default by any assignee of Airline or any successor of Airline in the performance of any of the terms hereof, City may proceed directly against Airline without the necessity of exhausting remedies against such assignee or successor unless released of its obligation as described in Section 10.03. City may consent to subsequent assignment or subletting or may execute amendments or modifications to this Agreement with assignees of Airline without notifying Airline or any successor of Airline, and without obtaining its or their consent thereto and such action shall not relieve Airline of liability under this Agreement, except as set forth above.
Future Compliance. Regardless of Landlord’s consent, no assignment or subletting shall release Tenant of Tenant’s obligation or alter the primary liability of Tenant to pay the rent and to perform all other obligations to be performed by Tenant hereunder. The acceptance of rent by Landlord from any other person shall not be deemed to be a waiver by Landlord of any provision hereof. Consent to one assignment or subletting shall not be deemed consent to any subsequent assignment or subletting. In the event of default by any transferee of Tenant in the performance of any of the terms hereof, Landlord may proceed directly against Tenant without the necessity of exhausting remedies against such transferee.
Future Compliance. 50 Section 9.4. Allocation Rules............................................ 51 ARTICLE X
Future Compliance. The Company covenants that before taking any of the actions described in subsections (a),(b) or (c) below, it shall file with the Authority a Certificate of Compliance with the $40 Million Tax-Exempt Private Activity Bond Limit establishing that the portion of the original principal amount of the Bonds allocable to a Test-Period Beneficiary plus the amount of Tax-Exempt Private Activity Bonds which are allocable to such Test-Period Beneficiary and which are outstanding on the Date of Issue of the Bonds does not exceed $40 million.