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

Business; Compliance with Applicable Law. Duratek, EnergySolutions and Parent each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, and (b) comply with the requirements relating to the Licenses and of all Applicable Law except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Amendment Agreement (EnergySolutions, Inc.)

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Business; Compliance with Applicable Law. DuratekEnergySolutions, EnergySolutions Parent and Parent Holdco each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, and (b) comply with the requirements relating to the Licenses and of all Applicable Law except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Second Lien Credit Agreement (EnergySolutions, Inc.)

Business; Compliance with Applicable Law. Duratek, EnergySolutions and Parent each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, and (b) comply with the requirements relating to the Licenses and of all Applicable Law except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (EnergySolutions, Inc.), Amendment Agreement (EnergySolutions, Inc.)

Business; Compliance with Applicable Law. Duratek, EnergySolutions EnergySolutions, Parent and Parent Holdco each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, and (b) comply with the requirements relating to the Licenses and of all Applicable Law except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (EnergySolutions, Inc.)

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Business; Compliance with Applicable Law. Duratek, Parent and EnergySolutions and Parent each will, and will cause each of their respective Subsidiaries to, (a) engage only in the Permitted Business and will not engage in any other business activity, activity and (b) comply with the requirements relating to the Licenses and of all Applicable Law Laws except to the extent the failure to so comply could not reasonably be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (EnergySolutions, Inc.)

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