Common use of Compliance with Agreements and Applicable Laws Clause in Contracts

Compliance with Agreements and Applicable Laws. The Seller will comply with all terms and conditions of this Agreement and each other Transaction Document to which it is a party and with all material requirements of any law, rule or regulation applicable to it. The Seller will not cause or permit to become effective any amendment to or modification of any of the Transaction Documents to which it is a party unless (i) (so long as no Insurer Default shall have occurred and be continuing) Financial Security shall have previously approved in writing the form of such amendment or modification or (ii) if an Insurer Default shall have occurred and be continuing, such amendment would not adversely affect the interests of Financial Security. The Seller shall not take any action or fail to take any action that would interfere with the enforcement of any rights under this Agreement or the other Transaction Documents.