Agreements; Applicable Law Clause Samples
The "AGREEMENTS; APPLICABLE LAW" clause defines which jurisdiction's laws will govern the interpretation and enforcement of the contract. Typically, this clause specifies a particular state or country's legal system that will apply to any disputes or questions arising from the agreement, regardless of where the parties are located or where the contract is performed. By clearly establishing the governing law, this clause provides predictability and reduces uncertainty, helping parties understand their rights and obligations and minimizing potential conflicts over which legal rules apply.
Agreements; Applicable Law. Neither the Borrower nor any Subsidiary is in material violation of any Applicable Law, or in default under its charter documents, bylaws or other organizational or governing documents or any of its Material Contractual Obligations.
Agreements; Applicable Law. Neither the Borrower nor -------------------------- any Subsidiary is in violation of any Applicable Law, or in default under any Contractual Obligations to which it is a party or by which its property is bound, where such default could have a material adverse effect on the business, assets, prospects, results of operation or financial condition of the Borrower and its Subsidiaries taken as a whole.
Agreements; Applicable Law. No Borrower Party is in violation of any Applicable Law, or in default under any of its Contractual Obligations, except where such violation or default could not individually or in the aggregate have a Material Adverse Effect. No Borrower Party is a party to or bound by any unduly burdensome Contractual Obligation that, individually or in the aggregate, has a Material Adverse Effect.
Agreements; Applicable Law. Neither the REIT nor any Consolidated Entity is in violation of any Applicable Law, or in default under any Contractual Obligations to which it is a party or by which its properties are bound, except where such violation or default could not, individually or in the aggregate, have a Material Adverse Effect. Neither the REIT or any Consolidated Entity is a party to or bound by any unduly burdensome Contractual Obligation which could have a Material Adverse Effect that has not been disclosed in any report filed by the REIT with the SEC prior to date hereof.
Agreements; Applicable Law. Neither the Borrower nor any Loan Party is in material violation of any Applicable Law, or in default under its charter documents, bylaws or other organizational or governing documents or any of its Material Contractual Obligations.
Agreements; Applicable Law. None of the Company or any Subsidiary is in violation of any Applicable Law, or in default under any contractual obligations to which it is a party or by which its property is bound, except where such violation or default would not individually or in the aggregate have a Material Adverse Effect.
Agreements; Applicable Law. None of the Borrowers is in violation -------------------------- of any Applicable Law, or in default under its charter or bylaws or any of its Contractual Obligations, except where such violation or default could not individually or in the aggregate be reasonably expected to have a Material Adverse Effect. None of the Borrowers is a party to or bound by any unduly burdensome Contractual Obligation that, individually or in the aggregate, can be reasonably expected to have a Material Adverse Effect.
Agreements; Applicable Law. 56 6.07 Taxes..........................................................................................57 6.08
Agreements; Applicable Law. No Borrower Party nor any Consolidated Subsidiary is in violation of any Applicable Law, or in default under any Contractual Obligations to which it is a party or by which its properties are bound, except where such violation or default could not, individually or in the aggregate, have a Material Adverse Effect and could not constitute or result in a Property-Specific Event.
Agreements; Applicable Law. Neither the Borrower nor any of its Subsidiaries is in violation of any Applicable Law, or in default under its charter or bylaws or any of its Contractual Obligations, except where such violation or default could not individually or in the aggregate have a Material Adverse Effect. Neither the Borrower nor any of its Subsidiaries is a party to or bound by any unduly burdensome Contractual Obligation that, individually or in the aggregate, has a Material Adverse Effect.