Common use of Business; Compliance with Applicable Law Clause in Contracts

Business; Compliance with Applicable Law. The Borrower will, and will cause each of its Restricted Subsidiaries to, (a) engage only in Permitted Businesses and (b) comply with the requirements of all Applicable Law, except in the case of this clause (b), where the failure to so comply, individually or in the aggregate, could not reasonably be expected to have a Materially Adverse Effect.

Appears in 7 contracts

Samples: Credit Agreement (Gray Television Inc), Credit Agreement (Gray Television Inc), Credit Agreement (Gray Television Inc)

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Business; Compliance with Applicable Law. The Borrower will, and will cause each of its Restricted Subsidiaries to, to (a) engage only primarily in Permitted Businesses the business described in Section 4.1(w) hereof and related businesses and (b) comply with the requirements of all Applicable Law, including environmental laws, except in for those laws the case of this clause (b), where the failure to so comply, individually or in the aggregate, non-compliance with which could not reasonably be expected to have a Materially Adverse Effect.

Appears in 2 contracts

Samples: Loan Agreement (Tv Guide Inc), Loan Agreement (Tv Guide Inc)

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