Compliance with Applicable Law and Contracts. The Borrower shall comply in all material respects with the requirements of all Applicable Law, and all obligations which, if contravened, could give rise to a Lien over any of the Borrower's assets, and all contracts to which it is bound, non-compliance with which would, singly or in the aggregate, have a material adverse effect upon its business or upon the ability of the Borrower to perform its obligations under any Loan Document to which it is a party.
Appears in 4 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement
Compliance with Applicable Law and Contracts. The Borrower shall comply in all material respects with (a) the requirements of all Applicable Lawapplicable law, and (b) all obligations which, if contravened, could give rise to a Lien lien or other encumbrance over any of the Borrower's assets, and all contracts to which it is bound, non-compliance with which would, singly or in the aggregate, have a material adverse effect upon its business or upon the ability of the Borrower to perform its obligations under any Loan Document to which it is a party.and
Appears in 1 contract
Samples: Loan Agreement
Compliance with Applicable Law and Contracts. The Borrower shall comply in all material respects with the requirements of all Applicable Law, and all obligations which, if contravened, could give rise to a Lien Lien, other than a Permitted Encumbrance, over any of the Borrower's assetsits property, and all insurance policies and all contracts to which it is a party or by which it or its properties are bound, in each case non-compliance with which would, singly or in the aggregate, have a material adverse effect upon its business business, property, financial condition or upon the ability of the Borrower to perform its obligations under any Loan Document to which it is a party.prospects;
Appears in 1 contract
Samples: Credit Agreement (Merisel Inc /De/)
Compliance with Applicable Law and Contracts. The Borrower shall comply in all material respects with (a) the requirements of all Applicable Lawapplicable law, and (b) all obligations which, if contravened, could give rise to a Lien lien or other encumbrance over any of the Borrower's assets, and (c) all contracts to which it is bound, non-compliance with which would, singly or in the aggregate, have a material adverse effect upon its business or upon the ability of the Borrower to perform its obligations under any the Loan Document to which it is a partyDocuments.
Appears in 1 contract
Samples: Loan Agreement