Compliance with Applicable Law and Material Contracts. The Parent and the Borrower shall, and shall cause each Subsidiary and each other Loan Party to, comply with (a) all Applicable Laws, including the obtaining of all Governmental Approvals, the failure with which to comply could reasonably be expected to have a Material Adverse Effect, and (b) all terms and conditions of all Material Contracts to which it is a party. The Parent and the Borrower shall maintain in effect and enforce policies and procedures designed to ensure compliance by the Parent, the Borrower, their respective Subsidiaries and their and their respective Subsidiaries’ respective directors, officers, employees and agents with Anti-Corruption Laws, Anti-Terrorism Laws and applicable Sanctions.
Appears in 6 contracts
Samples: Credit Agreement (Corporate Office Properties Trust), Term Loan Agreement (Corporate Office Properties, L.P.), Term Loan Agreement (Corporate Office Properties, L.P.)
Compliance with Applicable Law and Material Contracts. The Parent and the Borrower shall, and shall cause each Subsidiary other Loan Party and each other Loan Party Subsidiary to, comply with (a) all Applicable LawsLaw, including the obtaining of all Governmental Approvals, the failure with which to comply could reasonably be expected to have a Material Adverse Effect, and (b) all terms and conditions of all Material Contracts to which it is a party. The Parent and the Borrower shall maintain in effect and enforce policies and procedures designed to ensure compliance by the Parent, the Borrower, their respective its Subsidiaries and their and their respective Subsidiaries’ respective directors, officers, employees and agents with Anti-Corruption Laws, Anti-Terrorism Laws and applicable Sanctions.
Appears in 4 contracts
Samples: Credit Agreement (Select Income Reit), Bridge Loan Agreement (Select Income REIT), Credit Agreement (Select Income REIT)
Compliance with Applicable Law and Material Contracts. The Parent and the Borrower shall, and shall cause each Subsidiary other Loan Party and each other Loan Party Subsidiary to, comply with (a) all Applicable LawsLaw, including the obtaining of all Governmental Approvals, the failure with which to comply could reasonably be expected to have a Material Adverse Effect, Effect and (b) all terms and conditions of all Material Contracts to which it is a party. The Parent and the Borrower shall maintain in effect and enforce policies and procedures designed to ensure compliance by the Parent, the Borrower, their respective its Subsidiaries and their and their respective Subsidiaries’ respective directors, officers, employees and agents with Anti-Corruption Laws, Anti-Terrorism Laws and applicable Sanctions.
Appears in 4 contracts
Samples: Credit Agreement (Hospitality Properties Trust), Term Loan Agreement (Senior Housing Properties Trust), Credit Agreement (Senior Housing Properties Trust)
