Example ContractsClausesGovernmental Authority
Governmental Authority
Governmental Authority contract clause examples

Governmental Authority”. Governmental Authority means any US federal, state or local or any foreign government, or political subdivision thereof, or any multinational organization or authority or any authority, agency or commission entitled to exercise any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power, any court or tribunal (or any department, bureau or division thereof), or any governmental arbitrator or arbitral body.

Governmental Authority Inspections. Each Party shall promptly notify the other Party of any proposed visit or inspection by any governmental authority relating to markets in the Territory where the Product has been commercialized or is being developed or commercialized, of a relevant manufacturing line for a Product for the purpose of evaluating compliance with quality and manufacturing standards, or equivalent regulatory regimes. Each

Governmental Authority. If the Backup Servicer becomes the Successor Servicer, then the Backup Servicer in its role as Successor Servicer shall notify the Administrative Agent and each Lender of any material final fines, penalties or sanctions imposed by any Governmental Authority (including the CFPB) against the against the Servicer that could have a material adverse effect on the Receivables within thirty (30) days of such occurrence.

Notwithstanding Section 21.5(a), if a claim subject to indemnification is brought against the Indemnified Party by any Governmental Authority or a BFA Recipient customer, then the Indemnified Party may, in a notice promptly delivered to the Indemnifying Party, but in no event less than ten (10) days prior to the date on which a response to such claim is due, retain control of the defense and investigation of such claim and employ and engage attorneys reasonably acceptable to the Indemnifying Party to handle and defend the same, at the Indemnifying Party’s sole cost and expense; provided, however, that the Indemnifying Party may participate in such defense, at its sole cost and expense. No settlement of a claim that involves a remedy other than the payment of money by the Indemnifying Party will be entered into without the prior written consent of the Indemnified Party, which will not be unreasonably withheld, conditioned or delayed.

Governmental Authority. If the Backup Servicer becomes the Successor Servicer, then the Backup Servicer in its role as Successor Servicer shall notify the Administrative Agent and each Lender of any material final fines, penalties or sanctions imposed by any Governmental Authority (including the CFPB) against the against the Servicer that could have a material adverse effect on the Receivables within thirty (30) days of such occurrence.

Governmental Authority”. Governmental Authority means any US federal, state or local or any foreign government, or political subdivision thereof, or any multinational organization or authority or any authority, agency or commission entitled to exercise any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power, any court or tribunal (or any department, bureau or division thereof), or any governmental arbitrator or arbitral body.

Governmental Authority. The Servicer (other than the Backup Servicer in its role as Successor Servicer) shall notify the Administrative Agent, each Agent and each Lender of any material final fines, penalties or sanctions imposed by any Governmental Authority (including the CFPB) against the Originator or its Affiliates within five (5) Business Days of such occurrence.

Governmental Authority. No authorization, approval, or other action by, and no notice to or filing with, any Governmental Authority is required either # for the pledge by Grantor of the Collateral pursuant to this Security Agreement or for the execution, delivery, or performance of this Security Agreement by Grantor, or # for the exercise by Secured Party of the voting or other rights provided for in this Security Agreement or the remedies in respect of the Collateral pursuant to this Security Agreement, except for such consents, approvals or authorizations of or declarations or filings with any Governmental Authority or non‑governmental person or entity required in connection with an exercise of remedies by the Lender with respect to the Collateral.

Governmental Authority”. Governmental Authority means any United States federal, state or local or any foreign government, or political subdivision thereof, or any multinational organization or authority or any authority, agency or commission entitled to exercise any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power, any court or tribunal (or any department, bureau or division thereof), or any governmental arbitrator or arbitral body.

Governmental Authority. The Servicer (other than the Backup Servicer in its role as Successor Servicer) shall notify the Administrative Agent, each Agent and each Lender of any material final fines, penalties or sanctions imposed by any Governmental Authority (including the CFPB) against the Originator or its Affiliates within five (5) Business Days of such occurrence.

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