Use and Compliance With Applicable Laws Clause Samples

The "Use and Compliance with Applicable Laws" clause requires parties to ensure that their actions under the agreement adhere to all relevant laws and regulations. In practice, this means that any products, services, or activities provided or performed must not violate local, state, national, or international legal requirements. For example, a company must ensure its software does not infringe export control laws or data privacy regulations. This clause serves to protect both parties by clarifying legal responsibilities and reducing the risk of unlawful conduct during the contract's execution.
Use and Compliance With Applicable Laws. 19 10.01 Premises Use And Compliance With Applicable Laws . 19 10.02 Hazardous Materials 19 10.03 Signs 20 ARTICLE 11: DAMAGE AND DESTRUCTION 21 11.01 reconstruction 21 11.02 excessive damage or destruction 21 11.03 uninsured casualty 21 11.04 waiver 21 11.05 mortgagee’s right 21 11.06 damage near end of term 22 ARTICLE 12: EMINENT DOMAIN 22 12.01 condemnation & eminent domain 22 ARTICLE 13: DEFAULT 22 13.01 events of default 22 13.02 remedies 23 13.03 landlord’s default 26 ARTICLE 14: FILING OF PETITION 26 14.01 Tenant’s bankruptcy 26 ARTICLE 15: ASSIGNMENT AND SUBLETTING 27 15.01 Prohibition 27 15.02 Excess rental 28 15.03 Scope 28 15.04 Waiver 28 15.05 Change in control 29 ARTICLE 16: ESTOPPEL CERTIFICATE, ATTORNMENT AND SUBORDINATION 29 16.01 Estoppel certificate 29 16.02 Attornment 29 16.03 Subordination 30 16.04 Recording 30 ARTICLE 17: MISCELLANEOUS 30 17.01 Notices 30 17.02 Successors bound 30 17.03 Waiver 30 17.04 Subdivision and easements 30 17.05 Landlord’s reserved rights 30 17.06 Accord and satisfaction 31 17.07 Limitation of landlord’s and tenant’s personal liabilities 31 17.08 Survival 31 17.09 Attorneys’ fees 31 17.10 Captions and article numbers 33 17.11 Severability 33 17.12 Governing law, dispute resolution and venue 33 17.13 Submission of lease 34 17.14 Holding over 34 17.15 Parking 34 17.16 Quiet enjoyment 35 17.17 Broker; agency disclosure 35 17.18 Landlord’s right to perform 35 17.19 Assignment by landlord 36 17.20 Entire agreement 36 17.21 Guarantor 36 17.22 Exhibits 37 17.23 Time 37 17.24 Prior agreement or amendment 37 17.25 Excused delays 37 17.26 Authority to bind tenant 37 17.27 Interpretation 38 17.28 Patriot act compliance 38 17.29 Tenant’s representations, warranties and covenants 39 EXHIBIT A: LEASE COMMENCEMENT 43 EXHIBIT B: RENTAL PAYMENT SCHEDULE 44 EXHIBIT C: SITE AND LEGAL DESCRIPTION 45 EXHIBIT D: GUARANTY OF PAYMENT AND PERFORMANCE 46
Use and Compliance With Applicable Laws. 10 10.01 Premises Use and Compliance with Applicable Laws. 10 10.02 Hazardous Materials 10 10.03 Signs 11
Use and Compliance With Applicable Laws. Lessee agrees to enter into an Operating Lease Agreement during the term of this Agreement with ▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Trucking Co. (the “Operating Carrier”) for the purposes of providing transportation services in interstate and/or intrastate commerce pursuant to the Federal Highway Administration's (“FHWA”) leasing regulations (49 C.F.R. Part 376). In the event that the Operating Lease between Lessee and Operating Carrier is terminated during the term of this Agreement, Lessee shall have the option of: (1) exercising the purchase option contained in this Agreement by paying Lessor the net cash purchase specified in Paragraph 5 together with all remaining rent payments to be made pursuant to Paragraph 3, within ten (10) days from the date of such termination; or (2) turning in the Equipment to Lessor immediately, in which case the termination provision specified herein shall apply. Lessee shall use the Equipment in a careful and proper manner. Lessee shall not use the Equipment in violation of any foreign, federal, state, territorial, or municipal law or regulation and shall be solely responsible for any fines, penalties, or forfeitures occasioned by any violation thereof while using the Equipment. Lessee shall not operate the Equipment in any manner which would contravene the uses and purposes stipulated in the insurance policies referred to in Paragraph 15 hereof. Nothing herein shall authorize Lessee or any other person to operate the Equipment, or to incur any liability or obligation, on behalf of Lessor.
Use and Compliance With Applicable Laws 

Related to Use and Compliance With Applicable Laws

  • Compliance with Applicable Laws Any and all requirements of any federal, state or local law including, without limitation, usury, truth-in-lending, real estate settlement procedures, consumer credit protection, equal credit opportunity, disclosure and all predatory and abusive lending laws applicable to the Mortgage Loan, including, without limitation, any provisions relating to prepayment penalties, have been complied with, the consummation of the transactions contemplated hereby will not involve the violation of any such laws or regulations, and the Seller shall maintain in its possession, available for the Purchaser's inspection, and shall deliver to the Purchaser upon demand, evidence of compliance with all such requirements;

  • Compliance with Applicable Laws and Regulations (a) To the best of Borrower’s knowledge after due inquiry and investigation, each of the following is true: (i) All Improvements and the use of the Mortgaged Property comply with all applicable statutes, rules and regulations, including all applicable statutes, rules and regulations pertaining to requirements for equal opportunity, anti-discrimination, fair housing, environmental protection, zoning and land use (“legal, non-conforming” status with respect to uses or structures will be considered to comply with zoning and land use requirements for the purposes of this representation). (ii) The Improvements comply with applicable health, fire, and building codes. (iii) There is no evidence of any illegal activities relating to controlled substances on the Mortgaged Property. (b) Reserved.

  • Compliance with Applicable Law Each Party shall comply at its own expense with Applicable Law.

  • Compliance with all Applicable Laws and Regulations Grantee must comply with all applicable federal, state and local laws, rules, regulations, and ordinances in administering CRF under this Agreement. Grantee acknowledges that this requirement includes, but is not limited to, compliance with all applicable federal, state, and local health and safety rules and regulations. Grantee’s failure to comply with any part of this provision is material and must be grounds for termination of this Agreement for cause by Florida Housing.

  • Compliance with Applicable Laws, Rules and Regulations The Dealer Manager represents to the Company that (a) it is a member of FINRA in good standing, and (b) it and its employees and representatives who will perform services hereunder have all required licenses and registrations to act under this Agreement. With respect to its participation and the participation by each Participating Dealer in the offer and sale of the Offered Shares (including, without limitation, any resales and transfers of Offered Shares), the Dealer Manager agrees, and, by virtue of entering into the Participating Dealer Agreement, each Participating Dealer shall have agreed, to comply with any applicable requirements of the Securities Act and the Exchange Act, applicable state securities or blue sky laws, and, specifically including, but not in any way limited to, NASD Conduct Rules 2340 and 2420, and FINRA Conduct Rules 2310, 5130 and 5141.