Common use of Compliance with Applicable Law and Contracts Clause in Contracts

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

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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/)

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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

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