Common use of Adherence to State and Federal Laws and Regulations Clause in Contracts

Adherence to State and Federal Laws and Regulations. (a) Lender shall comply with all applicable federal, state, and local laws in the performance of Lender’s obligations under this Enhancement Agreement, as long as Lender has any obligation to Development under this Enhancement Agreement. Without limiting the generality of such obligation, Lender shall pay or cause to be paid all unemployment compensation, insurance premiums, workers’ compensation premiums, income tax withholding, social security withhold, and any and all other taxes or payroll deductions required for all employees engaged by Lender in connection with the Collateral Enhancement Program.

Adherence to State and Federal Laws and Regulations. (a) Lender shall materially comply with all applicable federal, state, and local laws in the performance of Lender’s obligations under this Enhancement Agreement, as long as Lender has any obligation to Development under this Enhancement Deposit Agreement. Without limiting the generality of such obligation, Lender shall pay or cause to be paid all unemployment compensation, insurance premiums, workers’ compensation premiums, income tax withholding, social security withhold, and any and all other taxes or payroll deductions required for all employees engaged by Lender in connection with the Collateral Enhancement Program.

Adherence to State and Federal Laws and Regulations. (a) Lender shall materially comply with all applicable federal, state, and local laws in the performance of Lender’s obligations under this Enhancement Agreement, as long as Lender has any obligation to Development under this Enhancement Agreement. Without limiting the generality of such obligation, Lender shall pay or cause to be paid all unemployment compensation, insurance premiums, workers’ compensation premiums, income tax withholding, social security withhold, and any and all other taxes or payroll deductions required for all employees engaged by Lender in connection with the Collateral Enhancement Program.